Stanley Furniture Stock Rating Upgraded by Thomson Reuters/Verus (STLY)
Stanley Furniture (NASDAQ:STLY) was upgraded by investment analysts at Thomson Reuters/Verus from a “sell” rating to a “hold” rating in a note issued to investors on Monday, Stock Ratings Network reports.
Shares of Stanley Furniture (NASDAQ:STLY) traded down 0.27% on Monday, hitting $3.63. 9,654 shares of the company’s stock traded hands. Stanley Furniture has a one year low of $3.27 and a one year high of $4.85. The stock has a 50-day moving average of $3.61 and a 200-day moving average of $3.82. The company’s market cap is $52.7 million.
Stanley Furniture (NASDAQ:STLY) last released its earnings data on Monday, October 14th. The company reported ($0.17) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.11) by $0.06. The company had revenue of $24.00 million for the quarter, compared to the consensus estimate of $25.32 million. During the same quarter in the previous year, the company posted ($0.13) earnings per share. The company’s revenue for the quarter was up .0% on a year-over-year basis.
Stanley Furniture Company, Inc is a designer and manufacturer of residential wood furniture. The Company’s product offerings include dining room, bedroom, home office, home entertainment, accent tables and Young America, its infant-to-teen furniture.
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