Haverty Furniture Companies Stock Z Score

HVT Stock

USD 30.27 0.17 0.56%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Haverty Furniture Piotroski F Score and Haverty Furniture Valuation analysis.

At this time, Haverty Furniture's Net Working Capital is comparatively stable compared to the past year. Capital Stock is likely to gain to about 34.8 M in 2024, whereas Net Invested Capital is likely to drop slightly above 304.2 M in 2024. At this time, Haverty Furniture's Interest Income is comparatively stable compared to the past year. Net Interest Income is likely to gain to about 4.9 M in 2024, whereas Gross Profit is likely to drop slightly above 344.5 M in 2024.

Haverty Furniture Companies Company Z Score Analysis

Haverty Furniture's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Haverty Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Haverty Furniture is extremely important. It helps to project a fair market value of Haverty Stock properly, considering its historical fundamentals such as Z Score. Since Haverty Furniture's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Haverty Furniture's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Haverty Furniture's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Short Term Investments	Net Tangible Assets	Capital Surpluse	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.62	0.48	0.9	-0.43	0.92	0.92	0.72	0.39	0.76	-0.43	-0.82	0.56	0.67	0.15	-0.05	0.81	-0.71	0.63	0.75	-0.41	-0.41	0.09
Total Stockholder Equity	0.62		-0.24	0.83	-0.9	0.26	0.51	0.04	0.09	0.75	-0.83	-0.23	0.41	-0.01	0.26	0.45	0.32	-0.24	0.28	0.06	0.03	-0.02	-0.11
Net Debt	0.48	-0.24		0.26	0.32	0.71	0.37	0.85	0.22	0.2	0.36	-0.76	0.39	0.47	-0.07	-0.45	0.72	-0.65	0.59	0.56	-0.26	-0.55	0.34
Retained Earnings	0.9	0.83	0.26		-0.61	0.7	0.75	0.48	0.11	0.77	-0.62	-0.65	0.67	0.36	0.17	0.2	0.72	-0.55	0.55	0.46	-0.15	-0.22	-0.04
Net Receivables	-0.43	-0.9	0.32	-0.61		-0.07	-0.34	0.07	-0.19	-0.74	0.84	0.11	-0.12	0.13	-0.17	-0.31	-0.11	0.25	-0.2	0.11	0.07	0.16	0.04
Total Liab	0.92	0.26	0.71	0.7	-0.07		0.87	0.86	0.43	0.56	-0.11	-0.9	0.49	0.83	0.06	-0.29	0.84	-0.75	0.64	0.89	-0.52	-0.49	0.16
Total Current Assets	0.92	0.51	0.37	0.75	-0.34	0.87		0.71	0.55	0.76	-0.41	-0.81	0.44	0.81	0.2	-0.11	0.7	-0.68	0.51	0.85	-0.48	-0.26	0.22
Short Term Debt	0.72	0.04	0.85	0.48	0.07	0.86	0.71		0.44	0.57	-0.02	-0.93	0.42	0.66	0.05	-0.56	0.84	-0.79	0.72	0.83	-0.31	-0.47	0.58
Accounts Payable	0.39	0.09	0.22	0.11	-0.19	0.43	0.55	0.44		0.45	-0.21	-0.4	-0.11	0.58	0.08	-0.34	0.11	-0.3	0.13	0.47	-0.5	-0.36	0.35
Common Stock	0.76	0.75	0.2	0.77	-0.74	0.56	0.76	0.57	0.45		-0.7	-0.69	0.44	0.32	0.19	-0.12	0.64	-0.69	0.65	0.47	-0.13	-0.24	0.47
Long Term Debt	-0.43	-0.83	0.36	-0.62	0.84	-0.11	-0.41	-0.02	-0.21	-0.7		0.13	-0.16	0.04	-0.2	-0.08	-0.08	0.06	-0.08	-0.04	-0.03	0.0	-0.11
Treasury Stock	-0.82	-0.23	-0.76	-0.65	0.11	-0.9	-0.81	-0.93	-0.4	-0.69	0.13		-0.58	-0.72	-0.01	0.38	-0.9	0.89	-0.76	-0.82	0.37	0.42	-0.46
Property Plant Equipment	0.56	0.41	0.39	0.67	-0.12	0.49	0.44	0.42	-0.11	0.44	-0.16	-0.58		0.24	0.09	0.11	0.72	-0.41	0.57	0.3	0.25	0.03	0.15
Current Deferred Revenue	0.67	-0.01	0.47	0.36	0.13	0.83	0.81	0.66	0.58	0.32	0.04	-0.72	0.24		-0.03	-0.32	0.51	-0.56	0.31	0.9	-0.71	-0.37	0.1
Short Term Investments	0.15	0.26	-0.07	0.17	-0.17	0.06	0.2	0.05	0.08	0.19	-0.2	-0.01	0.09	-0.03		0.18	0.07	0.02	0.01	0.05	0.06	0.01	0.08
Net Tangible Assets	-0.05	0.45	-0.45	0.2	-0.31	-0.29	-0.11	-0.56	-0.34	-0.12	-0.08	0.38	0.11	-0.32	0.18		-0.23	0.32	-0.32	-0.46	0.16	0.3	-0.65
Capital Surpluse	0.81	0.32	0.72	0.72	-0.11	0.84	0.7	0.84	0.11	0.64	-0.08	-0.9	0.72	0.51	0.07	-0.23		-0.84	0.89	0.71	-0.11	-0.3	0.36
Long Term Investments	-0.71	-0.24	-0.65	-0.55	0.25	-0.75	-0.68	-0.79	-0.3	-0.69	0.06	0.89	-0.41	-0.56	0.02	0.32	-0.84		-0.83	-0.67	0.39	0.47	-0.41
Short Long Term Debt	0.63	0.28	0.59	0.55	-0.2	0.64	0.51	0.72	0.13	0.65	-0.08	-0.76	0.57	0.31	0.01	-0.32	0.89	-0.83		0.56	0.03	-0.25	0.49
Cash And Equivalents	0.75	0.06	0.56	0.46	0.11	0.89	0.85	0.83	0.47	0.47	-0.04	-0.82	0.3	0.9	0.05	-0.46	0.71	-0.67	0.56		-0.48	-0.25	0.34
Net Invested Capital	-0.41	0.03	-0.26	-0.15	0.07	-0.52	-0.48	-0.31	-0.5	-0.13	-0.03	0.37	0.25	-0.71	0.06	0.16	-0.11	0.39	0.03	-0.48		0.69	0.26
Net Working Capital	-0.41	-0.02	-0.55	-0.22	0.16	-0.49	-0.26	-0.47	-0.36	-0.24	0.0	0.42	0.03	-0.37	0.01	0.3	-0.3	0.47	-0.25	-0.25	0.69		0.04
Capital Stock	0.09	-0.11	0.34	-0.04	0.04	0.16	0.22	0.58	0.35	0.47	-0.11	-0.46	0.15	0.1	0.08	-0.65	0.36	-0.41	0.49	0.34	0.26	0.04

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Haverty Furniture

According to the company's disclosures, Haverty Furniture Companies has a Z Score of 0.0. This is 100.0% lower than that of the Specialty Retail sector and about the same as Consumer Discretionary (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Haverty Furniture Institutional Holders

Institutional Holdings refers to the ownership stake in Haverty Furniture that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Haverty Furniture's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Haverty Furniture's value.

		Shares
Arrowstreet Capital Limited Partnership	2023-12-31	281.1 K
Hotchkis & Wiley Capital Management Llc	2023-12-31	272.7 K
Goldman Sachs Group Inc	2023-12-31	261.4 K
Cambria Investment Management, L.p.	2023-12-31	256.9 K
Bank Of New York Mellon Corp	2023-12-31	244.3 K
American Century Companies Inc	2023-12-31	233.1 K
Ameriprise Financial Inc	2023-12-31	179.4 K
Citadel Advisors Llc	2023-09-30	177.8 K
Bridgeway Capital Management, Llc	2023-12-31	148.9 K
Blackrock Inc	2023-12-31	2.4 M
Dimensional Fund Advisors, Inc.	2023-12-31	1.3 M

Haverty Fundamentals

	Return On Equity	0.19
	Return On Asset	0.0645
	Profit Margin	0.07 %
	Operating Margin	0.08 %
	Current Valuation	588.61 M
	Shares Outstanding	14.96 M
	Shares Owned By Insiders	10.54 %
	Shares Owned By Institutions	90.17 %
	Number Of Shares Shorted	947.71 K
	Price To Earning	7.51 X
	Price To Book	1.61 X
	Price To Sales	0.58 X
	Revenue	862.13 M
	Gross Profit	604.23 M
	EBITDA	85.88 M
	Net Income	56.32 M
	Cash And Equivalents	123.13 M
	Cash Per Share	8.78 X
	Total Debt	217.75 M
	Debt To Equity	0.87 %
	Current Ratio	1.48 X
	Book Value Per Share	19.10 X
	Cash Flow From Operations	97.2 M
	Short Ratio	7.37 X
	Earnings Per Share	3.36 X
	Price To Earnings To Growth	0.90 X
	Target Price	40.67
	Number Of Employees	2.57 K
	Beta	1.45
	Market Capitalization	496.77 M
	Total Asset	715.34 M
	Retained Earnings	419.47 M
	Working Capital	113.33 M
	Current Asset	218.71 M
	Current Liabilities	93.96 M
	Annual Yield	0.04 %
	Five Year Return	3.40 %
	Net Asset	715.34 M
	Last Dividend Paid	1.18

About Haverty Furniture Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Haverty Furniture Companies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Haverty Furniture using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Haverty Furniture Companies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Haverty Furniture in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Haverty Furniture's short interest history, or implied volatility extrapolated from Haverty Furniture options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether Haverty Furniture is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Haverty Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Haverty Furniture Companies Stock. Highlighted below are key reports to facilitate an investment decision about Haverty Furniture Companies Stock:

How To Invest In Haverty

Details

Is Haverty Stock a good investment?

Details

What is Haverty Furniture's Net Worth?

Details

Largest Consumer Discretionary Distribution & Retail Companies

View

Largest Consumer Discretionary Companies

View

Check out Haverty Furniture Piotroski F Score and Haverty Furniture Valuation analysis.

You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Haverty Stock analysis

When running Haverty Furniture's price analysis, check to measure Haverty Furniture's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Haverty Furniture is operating at the current time. Most of Haverty Furniture's value examination focuses on studying past and present price action to predict the probability of Haverty Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Haverty Furniture's price. Additionally, you may evaluate how the addition of Haverty Furniture to your portfolios can decrease your overall portfolio volatility.

	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets
	Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
	Bonds Directory Find actively traded corporate debentures issued by US companies
	Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account
	Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
	Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets

Is Haverty Furniture's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Haverty Furniture. If investors know Haverty will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Haverty Furniture listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.36)

Dividend Share

1.18

Earnings Share

3.36

Revenue Per Share

52.989

Quarterly Revenue Growth

(0.25)

The market value of Haverty Furniture is measured differently than its book value, which is the value of Haverty that is recorded on the company's balance sheet. Investors also form their own opinion of Haverty Furniture's value that differs from its market value or its book value, called intrinsic value, which is Haverty Furniture's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Haverty Furniture's market value can be influenced by many factors that don't directly affect Haverty Furniture's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Haverty Furniture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haverty Furniture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haverty Furniture's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Haverty Furniture Companies Stock Z Score

Haverty Furniture Companies Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Haverty Z Score Driver Correlations

Haverty Furniture Institutional Holders

Haverty Fundamentals

About Haverty Furniture Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Haverty Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY