Hooker Furnishings Corporation [HOFT] stock prices are up 13.72% to $11.77 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HOFT shares have gain 18.29% over the last week, with a monthly amount glided 25.08%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Hooker Furnishings Corporation [NASDAQ: HOFT] stock has seen the most recent analyst activity on October 03, 2018, when Sidoti upgraded its rating to a Buy. Previously, Sidoti downgraded its rating to Neutral on September 18, 2018. On March 23, 2016, downgrade downgraded it’s rating to Hold. BB&T Capital Mkts upgraded its rating to a Buy but stick to its price target of $33 on January 07, 2016. Sidoti downgraded its rating to a Neutral. BB&T Capital Mkts downgraded its rating to Hold for this stock on April 11, 2012. In a note dated December 13, 2010, BB&T Capital Mkts upgraded an Buy rating on this stock.
The stock price of Hooker Furnishings Corporation [HOFT] has been fluctuating between $7.34 and $19.79 over the past year. Hooker Furnishings Corporation [NASDAQ: HOFT] shares were valued at $11.77 at the most recent close of the market.
Analyzing the HOFT fundamentals
The Hooker Furnishings Corporation [NASDAQ:HOFT] reported sales of 389.21M for trailing twelve months, representing a drop of -8.82%. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.06 and Total Capital is -0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.35.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.46 points at the first support level, and at 9.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.58, and for the 2nd resistance point, it is at 13.40.
Ratios To Look Out For
It’s worth pointing out that Hooker Furnishings Corporation [NASDAQ:HOFT]’s Current Ratio is 3.94. Further, the Quick Ratio stands at 1.96, while the Cash Ratio is 0.55. Considering the valuation of this stock, the price to sales ratio is 0.32, the price to book ratio is 0.63.
Transactions by insiders
Recent insider trading involved Garafalo Paulette, Director, that happened on Dec 16 ’24 when 2489.0 shares were sold.
