Zacks: Stanley Furniture Co. (STLY) Given Consensus Rating of “Hold” by Brokerages
Shares of Stanley Furniture Co. (NASDAQ:STLY) have earned a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.
Zacks has also assigned Stanley Furniture an industry rank of 173 out of 265 based on the ratings given to its competitors.
Shares of Stanley Furniture (NASDAQ:STLY) traded up 1.013% during midday trading on Friday, hitting $0.808. 3,809 shares of the company’s stock traded hands. Stanley Furniture has a 1-year low of $0.76 and a 1-year high of $3.65. The firm’s market capitalization is $11.90 million. The company has a 50 day moving average price of $0.86 and a 200 day moving average price of $1.21.
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Stanley Furniture (NASDAQ:STLY) last posted its quarterly earnings data on Wednesday, February 22nd. The company reported ($0.02) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.02). Stanley Furniture had a negative net margin of 8.32% and a negative return on equity of 9.58%. The company had revenue of $9.80 million for the quarter, compared to the consensus estimate of $13.80 million. During the same quarter in the previous year, the firm posted $0.06 EPS. The business’s revenue was down 29.0% compared to the same quarter last year. Equities analysts anticipate that Stanley Furniture will post ($0.26) earnings per share for the current year.
An institutional investor recently raised its position in Stanley Furniture stock. Renaissance Technologies LLC increased its stake in Stanley Furniture Co. (NASDAQ:STLY) by 14.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 156,000 shares of the company’s stock after buying an additional 19,556 shares during the period. Renaissance Technologies LLC owned about 1.06% of Stanley Furniture worth $140,000 at the end of the most recent quarter. Institutional investors and hedge funds own 33.23% of the company’s stock.
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Stanley Furniture Company Profile
Stanley Furniture Company, Inc is a design, marketing and sourcing resource in the wood residential furniture market. The Company’s segment is sale of residential wood furniture products. The Company markets its brands through a network of brick-and-mortar furniture retailers, online retailers and interior designers around the world.
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