Últimas noticias sobre Haverty Furniture Cos (NYSE:HVT) Bolsa

Haverty Furniture Cos

Haverty Furniture Companies Inc is a specialty retailer of residential furniture and accessories. It provides various products such as Sofa Tables, Sleepers, End Tables, Cocktail Tables, Accent Pieces, Display Cabinets, Wall Decor, floral and Tress, and other related products. The company operates primarily in the Southern and Midwestern U.S. All its activities are encompassed in its Merchandise division. The company derives the majority of its revenue from its upholstery products and, secondarily, from bedroom furniture.

Haverty Furniture Companies, Inc. Common Stock

Haverty Furniture Companies Inc

Haverty Furniture Cos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HVT#NYSE">HVT</a>) is gearing up to announce its quarterly earnings on Wednesday, 2024-10-30. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Haverty Furniture Cos will report an earnings per share (EPS) of $0.49.
The market awaits Haverty Furniture Cos's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
<h3>Past Earnings Performance</h3>
The company's EPS beat by $0.10 in the last quarter, leading to a 1.02% increase in the share price on the following day.
Here's a look at Haverty Furniture Cos's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.17</td>
<td>0.36</td>
<td>0.99</td>
<td>1.04</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.27</td>
<td>0.14</td>
<td>0.90</td>
<td>1.02</td>
</tr>
<tr>
<td>Price Change %</td>
<td>1.0%</td>
<td>-8.0%</td>
<td>-7.000000000000001%</td>
<td>6.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730224914_0.png" alt="eps graph" />
<h3>Performance of Haverty Furniture Cos Shares</h3>
Shares of Haverty Furniture Cos were trading at $24.21 as of October 28. Over the last 52-week period, shares are down 7.73%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/HVT/earnings">To track all earnings releases for Haverty Furniture Cos visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

Insights into Haverty Furniture Cos's Upcoming Earnings

<h3>Gainers</h3>
<ul>
<li>D-MARKET Electronic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HEPS#NASDAQ">HEPS</a>) shares rose 43.8% to $3.16 during Friday's regular session. The company's market cap stands at $1.0 billion. </li>
<li>Jiade (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JDZG#NASDAQ">JDZG</a>) shares increased by 20.58% to $2.05. The market value of their outstanding shares is at $50.0 million. </li>
<li>Digital Brands Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DBGI#NASDAQ">DBGI</a>) stock moved upwards by 14.84% to $0.23. </li>
<li>Kaixin Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KXIN#NASDAQ">KXIN</a>) shares moved upwards by 14.52% to $0.18. The company's market cap stands at $10.9 million. </li>
<li>Grove Collaborative Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GROV#NYSE">GROV</a>) shares increased by 14.28% to $1.52. The market value of their outstanding shares is at $59.2 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Twin Vee PowerCats (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VEEE#NASDAQ">VEEE</a>) stock decreased by 9.3% to $0.49 during Friday's regular session. The company's market cap stands at $4.6 million. </li>
<li>Connexa Sports Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YYAI#NASDAQ">YYAI</a>) shares fell 8.44% to $5.1. The market value of their outstanding shares is at $32.8 million. </li>
<li>MEDIROM Healthcare Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRM#NASDAQ">MRM</a>) shares decreased by 8.34% to $3.3. The market value of their outstanding shares is at $16.2 million. </li>
<li>Haverty Furniture Cos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HVT#NYSE">HVT</a>) shares decreased by 6.68% to $25.58. The market value of their outstanding shares is at $419.7 million. </li>
<li>Yoshitsu Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TKLF#NASDAQ">TKLF</a>) stock declined by 6.37% to $0.5. The company's market cap stands at $21.1 million. </li>
<li>Visionary Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GV#NASDAQ">GV</a>) shares fell 6.37% to $1.47. The company's market cap stands at $5.5 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

DBGI

GROV

HEPS

JDZG

KXIN

TKLF

VEEE

Connexa Sports Technologies Inc. - Common Stock

YYAI

11 Consumer Discretionary Stocks Moving In Friday's Intraday Session

Haverty Furniture Cos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HVT#NYSE">HVT</a>) reported quarterly earnings of $0.27 per share which beat the analyst consensus estimate of $0.17 by 58.82 percent. This is a 61.43 percent decrease over earnings of $0.70 per share from the same period last year. The company reported quarterly sales of $178.636 million which missed the analyst consensus estimate of $184.477 million by 3.17 percent. This is a 13.40 percent decrease over sales of $206.289 million the same period last year.

Earnings Beats

Earnings Misses

News

Haverty Furniture Cos Q2 2024 GAAP EPS $0.27 Beats $0.17 Estimate, Sales $178.636M Miss $184.477M Estimate

Disclosed in the latest SEC filing, a significant insider purchase on May 7, involves Bolch Natalie Morhous, Board Member at Haverty Furniture Cos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HVT#NYSE">HVT</a>).
What Happened: In a Form 4 filing on Tuesday with the <a href="https://www.sec.gov/Archives/edgar/data/0000216085/000112760224014455//Archives/edgar/data/216085/000112760224014455/0001127602-24-014455-index.htm">U.S. Securities and Exchange Commission</a>, it was disclosed that Morhous bought 3,222 shares of Haverty Furniture Cos, amounting to a total of $94,984.
As of Wednesday morning, Haverty Furniture Cos shares are down by 0.0%, currently priced at $28.7.
<h3>Get to Know Haverty Furniture Cos Better</h3>
Haverty Furniture Companies Inc is a specialty retailer of residential furniture and accessories. It provides various products such as Sofa Tables, Sleepers, End Tables, Cocktail Tables, Accent Pieces, Display Cabinets, Wall Decor, floral and Tress, and other related products. The company operates primarily in the Southern and Midwestern U.S. All its activities are encompassed in its Merchandise division. The company derives the majority of its revenue from its upholstery products and, secondarily, from bedroom furniture.
<h3>Financial Milestones: Haverty Furniture Cos's Journey</h3>
Revenue Challenges: Haverty Furniture Cos's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -24.88%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Exploring Profitability:
<ul>
<li>
Gross Margin: The company excels with a remarkable gross margin of 62.36%, indicating superior cost efficiency and profitability compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Haverty Furniture Cos's EPS is below the industry average. The company faced challenges with a current EPS of 0.93. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: Haverty Furniture Cos's debt-to-equity ratio is below the industry average. With a ratio of 0.71, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Valuation Overview:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 10.4 is lower than the industry average, implying a discounted valuation for Haverty Furniture Cos's stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 0.59, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Haverty Furniture Cos's EV/EBITDA ratio, lower than industry averages at 7.7, indicates attractively priced shares.
</li>
</ul>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>The Importance of Insider Transactions</h3>
Insider transactions serve as a piece of the puzzle in investment decisions, rather than the entire picture.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>A Deep Dive into Insider Transaction Codes</h3>
For <a href="https://www.benzinga.com/money/investing-tools">investors</a>, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000216085">Check Out The Full List Of Haverty Furniture Cos's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Trading Ideas

Haverty Furniture Cos Board Member Trades $94K In Company Stock

On May 7, VICKI PALMER, Board Member at Haverty Furniture Cos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HVT#NYSE">HVT</a>) executed a significant insider buy, as disclosed in the latest SEC filing.
What Happened: In a recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000216085/000112760224014458//Archives/edgar/data/216085/000112760224014458/0001127602-24-014458-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday, PALMER increased their investment in Haverty Furniture Cos by purchasing 3,222 shares through open-market transactions, signaling confidence in the company's potential. The total transaction value is $94,984.
As of Wednesday morning, Haverty Furniture Cos shares are down by 0.0%, currently priced at $28.7.
<h3>Get to Know Haverty Furniture Cos Better</h3>
Haverty Furniture Companies Inc is a specialty retailer of residential furniture and accessories. It provides various products such as Sofa Tables, Sleepers, End Tables, Cocktail Tables, Accent Pieces, Display Cabinets, Wall Decor, floral and Tress, and other related products. The company operates primarily in the Southern and Midwestern U.S. All its activities are encompassed in its Merchandise division. The company derives the majority of its revenue from its upholstery products and, secondarily, from bedroom furniture.
<h3>Haverty Furniture Cos: A Financial Overview</h3>
Revenue Growth: Haverty Furniture Cos's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -24.88%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Exploring Profitability:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 62.36%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Haverty Furniture Cos's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 0.93.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.71.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 10.4 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a P/S ratio of 0.59 below industry standards, the stock shows potential undervaluation, making it an appealing investment option for those focusing on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry benchmarks at 7.7, Haverty Furniture Cos presents an attractive value opportunity.
</li>
</ul>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Understanding the Significance of Insider Transactions</h3>
Insider transactions, although significant, should be considered within the larger context of market analysis and trends.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Understanding Crucial Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000216085">Check Out The Full List Of Haverty Furniture Cos's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Board Member Of Haverty Furniture Cos Makes $94K Buy

WIIM

Haverty Furniture shares are trading lower after the company reported worse-than-expected Q1 financial results.

Benchmark analyst Michael Legg reiterates Haverty Furniture Cos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HVT#NYSE">HVT</a>) with a Buy and maintains $45 price target.

Price Target

Reiteration

Analyst Ratings

Benchmark Reiterates Buy on Haverty Furniture Cos, Maintains $45 Price Target

HAVERTYS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HVT#NYSE">HVT</a>), today announced an increase to its quarterly dividend (the 12th consecutive annual increase) and reported operating results for the first quarter ended March 31, 2024.
Dividend
The board of directors declared a 6.7% increase in the quarterly dividend, from $0.30 per share to $0.32 per share on the company's common stock. The quarterly dividend for the company's Class A common stock is also being increased from $0.28 to $0.30 per share.
The dividend is payable on June 14, 2024, to stockholders of record at the close of business on May 24, 2024. Havertys has paid a cash dividend in each year since 1935.

Dividends

Havertys Announces Increase In Quarterly Dividend From $0.30 To $0.32 Per Share

Haverty Furniture Cos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HVT#NYSE">HVT</a>) reported quarterly earnings of $0.14 per share which missed the analyst consensus estimate of $0.43 by 67.44 percent. This is a 81.08 percent decrease over earnings of $0.74 per share from the same period last year. The company reported quarterly sales of $183.997 million which missed the analyst consensus estimate of $196.457 million by 6.34 percent. This is a 18.13 percent decrease over sales of $224.754 million the same period last year.

Haverty Furniture Cos Q1 2024 GAAP EPS $0.14 Misses $0.43 Estimate, Sales $183.997M Miss $196.457M Estimate

Nothing strikes more fear in the hearts of stock market bears than two simple words: short squeeze. Like a tsunami, a short squeeze can wreak havoc on unexpectant bears as they frantically rush to cover short positions, inadvertently driving prices even higher in the process. The parabolic surge is the stuff of dreams for bulls as they see account values spike with joy. Meme stocks thrived on short squeezes in 2021.
The formula for a short squeeze includes a high short interest, a small float and a surprise catalyst or two. Here are 3 stocks with the potential for the proverbial spark in a kerosene-soaked warehouse-like short squeeze to trigger.
<h2>Symbotic </h2>
Symbotic Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sym#NASDAQ">SYM</a>) is a robotics and artificial intelligence (AI) company specializing in warehouse automation. The business services sector company designs and constructs automated warehouse robot systems to enhance efficiency and productivity. It embodies three secular tailwinds: AI, automation and Internet-of-Things (IoT). It counts retail giants Walmart Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wmt#NYSE">WMT</a>), Target Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tgt#NYSE">TGT</a>) and Albertsons Cos. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aci#NYSE">ACI</a>) as some of its largest customers.
Walmart took an 11% stake in the company and has integrated Symbiotic into all its 42 regional distribution centers. The company has plans to offer warehouse-as-a-service (WaaS) through a joint venture, GreenBox Systems, with major investor SoftBank. While SYM has a large 356 million share float, it has a high short interest of 27.13%.
<h2>Surging Growth</h2>
Symbotic reported a fiscal Q1 2024 GAAP EPS loss of 2 cents, missing 2 cents profit consensus estimates. Revenues surged 78.6% YoY to $368.45 million, slightly missing consensus estimates of $368.84 million. The company provided flat in-line guidance for fiscal Q2 2024 for $400 million to $420 million versus $402.34 million consensus estimates.
Symbotic CEO Rick Cohen was upbeat and commented, &quot;&quot;Fiscal year 2024 is off to a solid start with strong financial and operational results. I am pleased with the trajectory and goals we have planned for the rest of the year. We will continue to innovate and build deployment capacity to support growth and increased profitability for our stakeholders.&quot;
<img alt="Symbiotic stock chart " class="aligncenter" src="https://www.marketbeat.com/logos/articles/med_20240407140902_charts-sym.jpg" style="height:794px; width:915px" />
<h2>Daily Symmetrical Triangle Pattern &nbsp;</h2>
The daily candlestick chart for SYM illustrates a symmetrical triangle pattern. The descending upper trendline formed at $59.82 on November 28, 2023, capping lower highs on bounces. The ascending lower trendline formed at $30.60 on November 13, 2023, bouncing higher and lower on pullbacks. SYM is nearing the apex point as it gets ready to either break out through the upper trendline or break down through the lower trendline.
The daily relative strength index (RSI) is attempting to coil off the 48-band. Pullback support levels are at $38.99, $37.22, $33.93 and $29.62.
Symbiotic analyst ratings and price targets are at MarketBeat.
<h2>Intuitive Machines </h2>
Intuitive Machines Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lunr#NASDAQ">LUNR</a>) provides space exploration services to enable human and scientific exploration on the moon. The company manufactures lunar landers that deliver payloads comprised of cargo and scientific instruments on the moon. The company is contracted with NASA for multiple missions.&nbsp; Intuitive Machines is also developing a lunar terrain vehicle (LTV) that can provide mobility on the moon&#39;s surface. The company has a small 25.7 million share float and a 21.82% short interest. However, it filed for an offering of $300 million in class A common stock and also the resale of 159.81 million shares of class A stock by selling stockholders.
<h2>Fourth-Quarter 2023 Earnings </h2>
Intuitive Machines contracted backlog rose to $268.6 million at the quarter&#39;s end, driven primarily by the first NASA OMES III task orders. Revenues were $30.6 million, driven by three NASA Commercial Lunar Payload Services (CLPS) initiative contracts, down from $38.6 million in the year-ago period. Full-year revenues were $79.5 million compared to $85.9 million in the year-ago period. Full-year operating losses were $56.2 million compared to a loss of 5.9 million in the year-ago period. The company closed the quarter with $54.6 million.
Intuitive Machines CEO Steve Altemus commented, &quot;Exactly one year after going public, Intuitive Machines launched its IM-1 mission, and one week later, on February 22, 2024, we successfully landed, marking the United States&#39; first lunar landing in over 50 years.&quot; Altemus continued, &quot;The successful landing, recognized by the White House, NASA, and our commercial customers, fundamentally disrupted the economics of landing on the Moon while substantially retiring the costs of developing a lunar program.&quot;
<img alt="Intuitive machines stock chart " class="aligncenter" src="https://www.marketbeat.com/logos/articles/med_20240407140922_charts-lunr.jpg" style="height:795px; width:915px" />
<h2>Daily Descending Triangle </h2>
The daily candlestick chart on LUNR has a descending triangle pattern. The descending trendline formed at the $13.25 swing high on February 21, 2024, as it capped bounces at lower highs. The flat-bottom lower trendline formed at $5.05. The daily RSI has been drifting around the $46 band. Pullback support levels are at $5.05, $4.46, $3.76, and $3.38.
<h2>Wayfair </h2>
Wayfair Inc.&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/w#NYSE">W</a>) is an online furniture and household products retailer for consumers to access through its e-commerce platform. Accessibility and convenience are two drivers for its success against brick-and-mortar furniture competitors. Rather than shuffling through physical showrooms and dealing with traffic, parking, and weather constraints, customers can sift through collections seamlessly at the click of a mouse. The company has also implemented free shipping, a loyalty program and white glove delivery options.
<h2>Outperforming Brick-and-Mortar Competitors </h2>
Most furniture retailers are experiencing revenue declines, like Haverty Furniture Cos. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hvt#NYSE">HVT</a>) with a 24% YoY Q4 2023 revenue decline and La-Z-Boy Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lzb#NYSE">LZB</a>) with a 12.6% YoY fiscal Q3 2024 revenue decline, respectively.&nbsp; Wayfair experienced 0.4% revenue growth in its Q4 2023 quarter. It should be one of the first to recover when interest rate cuts commence. Year-over-year operating margin3 expansion.&quot;
<img alt="Wayfair stock price " class="aligncenter" src="https://www.marketbeat.com/logos/articles/med_20240407140946_charts-w.jpg" style="height:791px; width:915px" />
Daily Ascending Triangle
The daily candlestick chart on W continues to trade in the daily ascending triangle pattern. Just as it appears to start breaking down through its lower ascending triangle, buyers come into potentially holding the line. The daily RSI also continues to float sideways around the 53-band. Pullback supports remain at the $58.98, $55.30, $51.83 and $48.99 levels.
The article &quot;<a href="https://www.marketbeat.com/stock-ideas/3-high-short-interest-stocks-ready-to-squeeze/">3 High Short Interest Stocks Ready to Squeeze </a>&quot; first appeared on MarketBeat.

Small Cap

Markets

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LUNR

3 High Short Interest Stocks Ready to Squeeze

&nbsp;
Williams-Sonoma&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wsm#NYSE">WSM</a>) stock surge is due to its persistent outperformance and quality business. The company contracted in 2023 along with the housing market, but cash flow remained solid, driving substantial capital returns for investors. The Q4 results continue the trend and point to a pivot this year. That will be a pivot back to growth accompanied by solid margins and sustained capital returns.&nbsp;
Among the drivers for the share price is the valuation. The stock is arguably a highly-valued issued trading at 19X earnings, but that perspective is based on the brick-and-mortar business. Lifestyle retailers are struggling in 2023 with consumers shifting to dailies, consumables, and off-price retailers like The TJX Companies (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tjx#NYSE">TJX</a>), as seen in their share prices. And it&#39;s not like lifestyle stores trade at high valuations. Haverty&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hvt#NYSE">HVT</a>) trades at 16X earnings, aligning with Williams-Sonoma&#39;s pre-release valuation, while Ethan Allen Interiors (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/etd#NYSE">ETD</a>) trades closer to 12X
Looking at the company from the eCommerce perspective, it is undervalued. eCommerce category leaders such as Arhaus (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/arhs#NASDAQ">ARHS</a>), RH (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rh#NYSE">RH</a>), and Wayfair (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/w#NYSE">W</a>) trade at much higher valuations. Besides WSM, Arhaus is the cheapest of the group; it trades for 24X earnings, while RH trades at 36X and Wayfair at 60X. From this perspective, the stock could gain another 25% to 200% on price-multiple expansion. eCommerce accounts for roughly 65% of the business, so it makes sense to value it like one.&nbsp;
<h2>Is Williams-Sonoma a Best in Breed? The Results Say Yes</h2>
Williams-Sonoma&#39;s results, guidance, balance sheet, and capital returns prove it is a<a href="https://www.marketbeat.com/stocks/sectors/retail-wholesale/"> </a>best-in-breed quality stock for investors. The company&#39;s revenue fell 6.9% compared to last year but exceeded expectations and is up 29% compared to the pre-COVID quarter. Comps are down 6.8% across the network, with the most weakness in West Elm. West Elm contracted by 15%, Pottery Barn fell 9.6%, and Pottery Barn Kids 2.5%. The core Williams-Sonoma brand grew by 1.6%.&nbsp;
Margin news is the most impressive aspect of the report. The company reported a solid 20.1% operating margin, well above its long-term target. This represents Williams-Sonoma&#39;s brand strength and market, which is more affluent and discerning, allowing for full-price selling. The takeaway is that earnings outpaced the consensus by a wide margin, and the outlook for next year is good.&nbsp;
The company guided for flat revenue +/- 3%, including an extra 53rd week, and for margins to remain strong. Margin is expected to contract over the year but remains within the long-term target of mid-to-high teens. Analysts expected revenue to fall more than 1% at the consensus.&nbsp;
<h2>Did Williams-Sonoma Increase its Capital Return? Substantially</h2>
Another catalyst from the report is an increase in capital returns. The company increased the dividend by 25% and raised the repurchase authorization by $1 billion. $1 billion in stock repurchases is worth 6.5% in market cap with shares at the new high: the new dividend yield is just over 1.5% and sustainable. The payout ratio is still below 30%, and the balance sheet has no red flags.&nbsp;
Cash flow allowed for a significant improvement in the balance sheet, and robust cash flow is expected again this year. Balance sheet and cash flow highlights include $1.7 billion in cash flow, a 3X build in cash, and a 5% increase in equity.&nbsp;
<h2>Do Analysts Think Williams-Sonoma is Overvalued?&nbsp;</h2>
Analysts&#39; sentiment may cap gains in Williams-Sonoma because the market has outrun the estimates. The stock surge has this market trading above the analysts&#39; highest target, and they are not gushing over the news. The first revision on Marketbeat&#39;s radar is a reiterated Outperform from Telsey Advisory Group with a price target of $265, $20 below current action, and the consensus is $80 lower than that. The bottom line is that Williams-Sonoma&#39;s stock price may not sustain the new highs without upward revisions.&nbsp;
Technically speaking, the market is at a critical resistance target projected when it broke to new highs this year. That point is near $290; a move above it would open the door to another $90 upside.&nbsp;
<img alt="Willams Sonoma stop chart " class="aligncenter" src="https://www.marketbeat.com/logos/articles/med_20240313112618_chart-wsm-3132024ver001.png" style="height:423px; width:914px" />
The article &quot;<a href="https://www.marketbeat.com/stock-ideas/williams-sonoma-surged-20-and-could-double-in-price-from-here/">Williams-Sonoma Surged 20% and Could Double in Price</a>&quot; first appeared on MarketBeat.

Small Cap Analysis

ARHS

Williams-Sonoma Surged 20% and Could Double in Price

Guidance

Havertys Expects 2024 Gross Profit Margins 59.5%-60.0%

Haverty Furniture Cos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HVT#NYSE">HVT</a>) reported its Q4 earnings results on Wednesday, February 21, 2024 at 04:11 PM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Haverty Furniture Cos missed estimated earnings by 9.09%, reporting an EPS of $0.9 versus an estimate of $0.99.
Revenue was down $69.81 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company missed on EPS by $0.02 which was followed by a 6.2% increase in the share price the next day.
Here's a look at Haverty Furniture Cos's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.04</td>
<td>0.79</td>
<td>0.78</td>
<td>1.30</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.02</td>
<td>0.70</td>
<td>0.74</td>
<td>1.42</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>234.85M</td>
<td>226.60M</td>
<td>232.12M</td>
<td>267.42M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>220.35M</td>
<td>206.29M</td>
<td>224.75M</td>
<td>280.56M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Haverty Furniture Cos <a href="https://www.benzinga.com/quote/HVT/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Recap: Haverty Furniture Cos Q4 Earnings

Haverty Furniture Cos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HVT#NYSE">HVT</a>) reported quarterly earnings of $0.90 per share which missed the analyst consensus estimate of $0.99 by 9.09 percent. The company reported quarterly sales of $210.74 million which missed the analyst consensus estimate of $232.84 million by 9.49 percent. This is a 24.88 percent decrease over sales of $280.56 million the same period last year.

Haverty Furniture Cos Q4 2023 GAAP EPS $0.90 Misses $0.99 Estimate, Sales $210.74M Miss $232.84M Estimate

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Earnings Scheduled For February 21, 2024

Haverty Furniture Cos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HVT#NYSE">HVT</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-02-21. Here's what investors need to know before the announcement.
Analysts estimate that Haverty Furniture Cos will report an earnings per share (EPS) of $0.99. 
Haverty Furniture Cos bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company missed EPS by $0.02, which was followed by a 6.2% increase in the share price the next day.
Here's a look at Haverty Furniture Cos's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.04</td>
<td>0.79</td>
<td>0.78</td>
<td>1.30</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.02</td>
<td>0.70</td>
<td>0.74</td>
<td>1.42</td>
</tr>
<tr>
<td>Price Change %</td>
<td>6.2%</td>
<td>-3.3%</td>
<td>-9.37%</td>
<td>5.91%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1708455690_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Haverty Furniture Cos were trading at $36.15 as of February 19. Over the last 52-week period, shares are down 4.9%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. 
<a href="https://www.benzinga.com/quote/HVT/earnings">To track all earnings releases for Haverty Furniture Cos visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Haverty Furniture Cos's Earnings: A Preview

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/02/24</td>
<td>$160.00</td>
<td>$30.0K</td>
<td>26.2K</td>
<td>19.9K</td>
</tr>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/09/24</td>
<td>$200.00</td>
<td>$32.9K</td>
<td>12.1K</td>
<td>13.4K</td>
</tr>
<tr>
<td>SBUX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/15/24</td>
<td>$95.00</td>
<td>$177.0K</td>
<td>5.1K</td>
<td>3.8K</td>
</tr>
<tr>
<td>GM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$30.00</td>
<td>$54.5K</td>
<td>31.3K</td>
<td>1.7K</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/16/24</td>
<td>$75.00</td>
<td>$102.5K</td>
<td>54.3K</td>
<td>1.6K</td>
</tr>
<tr>
<td>RIVN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$17.50</td>
<td>$498.0K</td>
<td>11.5K</td>
<td>1.0K</td>
</tr>
<tr>
<td>THO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$95.00</td>
<td>$67.6K</td>
<td>20</td>
<td>268</td>
</tr>
<tr>
<td>TJX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$97.50</td>
<td>$40.4K</td>
<td>635</td>
<td>127</td>
</tr>
<tr>
<td>HVT</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>02/16/24</td>
<td>$30.00</td>
<td>$25.4K</td>
<td>75</td>
<td>52</td>
</tr>
<tr>
<td>SIG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$85.00</td>
<td>$27.3K</td>
<td>113</td>
<td>10</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on February 2, 2024. This event was a transfer of 79 contract(s) at a $160.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $30.0K, with a price of $382.0 per contract. There were 26209 open contracts at this strike prior to today, and today 19938 contract(s) were bought and sold. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bullish, expiring in 9 day(s) on February 9, 2024. This event was a transfer of 149 contract(s) at a $200.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $32.9K, with a price of $221.0 per contract. There were 12188 open contracts at this strike prior to today, and today 13496 contract(s) were bought and sold. 
• For SBUX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), we notice a call option trade that happens to be bearish, expiring in 44 day(s) on March 15, 2024. This event was a transfer of 1000 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $177.0K, with a price of $177.0 per contract. There were 5137 open contracts at this strike prior to today, and today 3844 contract(s) were bought and sold. 
• Regarding GM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), we observe a put option sweep with bearish sentiment. It expires in 142 day(s) on June 21, 2024. Parties traded 1700 contract(s) at a $30.00 strike. This particular put needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $54.5K, with a price of $32.0 per contract. There were 31361 open contracts at this strike prior to today, and today 1743 contract(s) were bought and sold. 
• Regarding BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we observe a call option trade with bearish sentiment. It expires in 16 day(s) on February 16, 2024. Parties traded 500 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $102.5K, with a price of $205.0 per contract. There were 54302 open contracts at this strike prior to today, and today 1696 contract(s) were bought and sold. 
• For RIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), we notice a put option trade that happens to be bullish, expiring in 352 day(s) on January 17, 2025. This event was a transfer of 1000 contract(s) at a $17.50 strike. The total cost received by the writing party (or parties) was $498.0K, with a price of $498.0 per contract. There were 11561 open contracts at this strike prior to today, and today 1003 contract(s) were bought and sold. 
• For THO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>), we notice a put option sweep that happens to be bullish, expiring in 352 day(s) on January 17, 2025. This event was a transfer of 101 contract(s) at a $95.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $67.6K, with a price of $670.0 per contract. There were 20 open contracts at this strike prior to today, and today 268 contract(s) were bought and sold. 
• For TJX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TJX#NYSE">TJX</a>), we notice a call option sweep that happens to be bullish, expiring in 352 day(s) on January 17, 2025. This event was a transfer of 47 contract(s) at a $97.50 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $40.4K, with a price of $860.0 per contract. There were 635 open contracts at this strike prior to today, and today 127 contract(s) were bought and sold. 
• Regarding HVT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HVT#NYSE">HVT</a>), we observe a call option trade with neutral sentiment. It expires in 16 day(s) on February 16, 2024. Parties traded 52 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $25.4K, with a price of $490.0 per contract. There were 75 open contracts at this strike prior to today, and today 52 contract(s) were bought and sold. 
• Regarding SIG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SIG#NYSE">SIG</a>), we observe a call option trade with bullish sentiment. It expires in 352 day(s) on January 17, 2025. Parties traded 10 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $27.3K, with a price of $2730.0 per contract. There were 113 open contracts at this strike prior to today, and today 10 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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10 Consumer Discretionary Stocks Whale Activity In Today's Session

Friday marks the last chance for investors to receive the next dividend payout from Haverty Furniture Cos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HVT#NYSE">HVT</a>). 
<h3>What's Happening</h3>
The company announced on Friday that it would pay shareholders a quarterly dividend of 30 cents per share. On Monday, Haverty Furniture Cos will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 30 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own HVT as of the end of Friday's session are eligible to receive the 30 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on December 13, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/stock//dividends">Click here</a> to find details on Haverty Furniture Cos's previous dividends.
To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Friday Is Your Last Chance To Buy Haverty Furniture Cos Before The Dividend Payout

<h3>Gainers</h3>
<ul>
<li>Worksport (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKSP#NASDAQ">WKSP</a>) shares increased by 8.3% to $1.95 during Monday's after-market session. The market value of their outstanding shares is at $37.8 million. </li>
<li>Greenlane Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNLN#NASDAQ">GNLN</a>) stock rose 7.84% to $0.55. The company's market cap stands at $1.4 million. </li>
<li>Haverty Furniture Cos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HVT#NYSE">HVT</a>) shares moved upwards by 3.56% to $32.83. The company's market cap stands at $534.0 million. </li>
<li>Destination XL Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXLG#NASDAQ">DXLG</a>) stock moved upwards by 3.12% to $4.29. The market value of their outstanding shares is at $259.0 million. The company's, Q3 earnings came out yesterday. </li>
<li>Uxin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UXIN#NASDAQ">UXIN</a>) stock increased by 2.6% to $1.18. The market value of their outstanding shares is at $55.4 million. </li>
<li>Funko (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FNKO#NASDAQ">FNKO</a>) stock moved upwards by 2.48% to $7.0. The company's market cap stands at $368.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Yoshiharu Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YOSH#NASDAQ">YOSH</a>) shares decreased by 4.6% to $0.41 during Monday's after-market session. Yoshiharu Global's trading volume hit 1.6 million shares by close, accounting for 669.9% of its average volume over the last 100 days. The market value of their outstanding shares is at $5.3 million. The company's, Q3 earnings came out 4 days ago. </li>
<li>Kaival Brands Innovations (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KAVL#NASDAQ">KAVL</a>) stock declined by 4.31% to $0.23. The company's market cap stands at $13.3 million. </li>
<li>Golden Heaven Group Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDHG#NASDAQ">GDHG</a>) shares decreased by 3.8% to $22.56. The company's market cap stands at $1.1 billion. </li>
<li>Naas Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NAAS#NASDAQ">NAAS</a>) shares fell 2.85% to $2.73. The company's market cap stands at $640.0 million. </li>
<li>Purple Innovation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRPL#NASDAQ">PRPL</a>) stock decreased by 2.79% to $0.81. The market value of their outstanding shares is at $85.0 million. </li>
<li>SRM Entertainment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRM#NASDAQ">SRM</a>) stock declined by 2.16% to $3.23. The company's market cap stands at $30.5 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Consumer Discretionary Stocks Moving In Monday's After-Market Session

HAVERTYS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HVT#NYSE">HVT</a>) announced today, that its board of directors authorized a special cash dividend to be paid on the outstanding shares of the two classes of $1 par value common stock of the company at a rate of $1.00 per share on the common stock and $0.95 per share on the Class A common stock.
The board also approved the payment of the quarterly cash dividend of $0.30 per share on the common stock and $0.28 per share on the Class A common stock.
The special cash dividend and regular quarterly dividend will be paid together on December 13, 2023 to stockholders of record at the close of business on November 28, 2023. Havertys has paid a cash dividend in each year since 1935.

Havertys Authorized A Special Cash Dividend To Be Paid On The Outstanding Shares Of The Two Classes Of $1 Par Value Common Stock Of The Company At A Rate Of $1 Per Share On The Common Stock And $0.95 Per Share On The Class A Common Stock

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The home improvement industry is poised for significant growth, fueled by increasing demand for energy-efficient upgrades and smart home technology. Amid this backdrop, buying promising home improvement stocks Haverty Furniture Companies (HVT) and Tile Shop Holdings (TTSH) could be wise. Continue reading… The home improvement industry is growing due to rising home prices and aging housing stock, prompting homeowners to invest in renovations rather than buying new properties. Thus, investors could consider adding fundamentally sound home improvement stocks, such as Haverty Furniture Companies, Inc. (<a href="https://stocknews.com/stock/HVT/">HVT</a>) and Tile Shop Holdings, Inc. (<a href="https://stocknews.com/stock/TTSH/">TTSH</a>), which are hammering big gains.
Rapid urbanization and the growing demand for modern, smart homes are key drivers of the home improvement market. As cities grow and the standard of living improves, there is a greater demand for homes that incorporate cutting-edge technology and modern design. The home Improvement market is estimated to grow at a <a href="https://www.gminsights.com/industry-analysis/home-improvement-market">CAGR of 6%</a> between 2024 and 2032.
Additionally, rising home prices and aging housing stock are encouraging more homeowners to invest in improvements rather than purchasing new homes. The <a href="https://www.marketresearchfuture.com/press-release/home-improvement-market">growing emphasis on eco-friendly products</a> and energy-efficient renovations, supported by government incentives, will further boost the industry's growth, making it a promising sector for both consumers and businesses alike.
Considering these factors, let's take a look at the fundamentals of the two <a href="https://stocknews.com/category/home-improvement-goods/">Home Improvement &amp; Goods</a> industry picks, starting with number 2. 
Stock #2: Haverty Furniture Companies, Inc. (<a href="https://stocknews.com/stock/HVT/">HVT</a>)
HVT operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. 
The stock's trailing-12-month <a href="https://www.investopedia.com/terms/g/gross_profit_margin.asp">gross profit margin</a> of 61.03% is 64.1% higher than the industry average of 37.19%. Similarly, its 4.91% trailing-12-month net income margin is 7.4% above the industry average of 4.57%.
HVT's sales for the fiscal second quarter ended June 30, 2024, stood at $178.60 million. Its gross profit was reported at $107.98 million and net income at $4.44 million. Additionally, the company's earnings per share was reported at $0.27.
Analysts expect HVT's revenue for the first quarter (ending March 2025) to increase 5.1% year-over-year to $193.42 million, while its EPS is expected to grow 226.2% year-over-year to $0.46 for the same quarter. 
Over the past month, the stock has gained 1.6% to close the last trading session at $25.98.
HVT's robust fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. Its overall rating is B, which equates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
The stock has an A grade for Value and a B for Quality. HVT is ranked #22 out of 57 stocks in the B-rated <a href="https://stocknews.com/category/home-improvement-goods/">Home Improvement &amp; Goods</a> industry.
Beyond what is stated above, we've also rated HVT for Stability, Growth, Sentiment, and Momentum. Get all HVT ratings <a href="https://stocknews.com/stock/HVT/">here</a>.
Stock #1: Tile Shop Holdings, Inc. (<a href="https://stocknews.com/stock/TTSH/">TTSH</a>)
TTSH operates as a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. The company offers natural stone products, including marble, travertine, granite, quartz, sandstone, slate, and onyx tiles, and man-made products, which comprise ceramic, porcelain, glass, cement, wood look, metal, and luxury vinyl tile. 
The stock's trailing-12-month gross profit margin of 65.30% is 75.6% higher than the industry average of 4.99%. Similarly, its 8.26% trailing-12-month levered FCF margin is 65.6% above the industry average of 5.01%.
TTSH's net sales for the fiscal second quarter ended June 30, 2024, were reported at $91.38 million. It reported an adjusted EBITDA of $6.73 million. Additionally, the company's net income came in at $1.22 million or $0.03 per share, respectively.
Over the past month, the stock has gained 7.8%, closing the last trading session at $6.39.
TTSH's POWR Ratings reflect its robust outlook. The stock has an overall rating of B, which translates to Buy in our proprietary rating system. TTSH has a B grade for Quality. It is ranked #8 out of 57 stocks in the same industry.
<a href="https://stocknews.com/stock/TTSH/">Click here</a> to access the additional TTSH ratings (Momentum, Stability, Sentiment, and Value).
What To Do Next?
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<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

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TTSH shares were trading at $6.49 per share on Wednesday afternoon, up $0.10 (+1.56%). Year-to-date, TTSH has declined -11.82%, versus a 22.41% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Nidhi Agarwal</h2> <img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;">Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.<a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a>The post <a href=https://stocknews.com/news/ttsh-hvt-2-home-improvement-stocks-hammering-big-gains/>2 Home Improvement Stocks Hammering Big Gains</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

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