Haverty Furniture Companies, Inc. (HVT) Company Bio
Haverty Furniture operates as a specialty retailer of residential furniture and accessories in the United States. The company was founded in 1885 and is based in Atlanta, Georgia.
HVT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Haverty Furniture Companies Inc. To summarize, we found that Haverty Furniture Companies Inc ranked in the 83th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 719% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for HVT, they are:
In the past 5.64 years, Haverty Furniture Companies Inc has a compound free cash flow growth rate of 0.41%; that's better than 79.07% of cash flow producing equities in the Consumer Cyclical sector, where it is classified.
Haverty Furniture Companies Inc's weighted average cost of capital (WACC) is 12%; for context, that number is higher than 81.38% of tickers in our DCF set.
Haverty Furniture Companies Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -334.75. This coverage rate is greater than that of merely 1.09% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
MIK, MSGN, VIRC, WEN, and MPAA can be thought of as valuation peers to HVT, in the sense that they are in the Consumer Cyclical sector and have a similar price forecast based on DCF valuation.
Image source Home improvement retailers have been a hugely profitable group to own since the bottom earlier this year. The sector, as you can see below, has greatly outperformed even the huge rally we’ve seen in the broader market during that time frame. However, not all stocks in this powerful...
Haverty Furniture Companies, Inc. (HVT) Q2 2020 Earnings Conference Call August 11, 2020 10:00 AM ET Company Participants Richard Hare – Investor Relations Clarence Smith – President, Chief Executive Officer and Chairman Richard Hare – Chief Financial Officer Conference Call Participants Andrew Efimoff – KeyBanc Capital Markets Anthony Lebiedzinski –...
To conserve cash, some employers are suspending contributions to their workers’ 401(k) accounts. Tenet Healthcare (THC) and a physician practice in Boston on the front lines of providing expensive coronavirus care have also suspended their matches. Employers are required to give their workers a 30-day notice and cannot stop the match prior to the 30-day period.
ATLANTA, July 31, 2020 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A) will release second quarter 2020 financial results on Monday, August 10, 2020, after the market closes. The company will host a conference call with investors and analysts on Tuesday, August 11, 2020 at 10:00 a.m. (ET) to discuss the results of its operations. Havertys invites interested parties to listen to the live audiocast of the conference call at its website, havertys.com. A replay will be available at the website or via telephone at approximately 1:00 p.m. (ET) through Friday, August 21, 2020. The number to access the telephone playback is 888-203-1112 (access code: 7729578).About HavertysHavertys (NYSE: HVT and HVT.A), established in 1885, is a full-service home furnishings retailer with 119 showrooms ...