Earnings Report: Here’s what to expect from Hooker Furniture Stock Forecast, Price & News (NASDAQ:HOFT)

0
746

Earnings results for Hooker Furniture Stock Forecast, Price & News (NASDAQ:HOFT)

Hooker Furniture Corporation is expected* to report earnings on 09/03/2020 before market open. The report will be for the fiscal Quarter ending Jul 2020. The reported EPS for the same quarter last year was $0.35.

Hooker Furniture last announced its quarterly earnings data on July 27th, 2020. The reported ($0.09) earnings per share (EPS) for the quarter. The business earned $104.60 million during the quarter. Hooker Furniture has generated $0.00 earnings per share over the last year. Hooker Furniture has confirmed that its next quarterly earnings report will be published on Thursday, September 3rd, 2020.

Analyst Opinion on Hooker Furniture Stock Forecast, Price & News (NASDAQ:HOFT)

1 Wall Street analysts have issued ratings and price targets for Hooker Furniture in the last 12 months. Their average twelve-month price target is $30.00, predicting that the stock has a possible upside of 11.36%. The high price target for HOFT is $30.00 and the low price target for HOFT is $30.00. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

Hooker Furniture has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $30.00, Hooker Furniture has a forecasted upside of 11.4% from its current price of $26.94. Hooker Furniture has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Hooker Furniture Stock Forecast, Price & News (NASDAQ:HOFT)

Hooker Furniture pays a meaningful dividend of 2.43%, higher than the bottom 25% of all stocks that pay dividends. Hooker Furniture has only been increasing its dividend for 4 years.

Insiders buying/selling: Hooker Furniture Stock Forecast, Price & News (NASDAQ:HOFT)

In the past three months, Hooker Furniture insiders have not sold or bought any company stock. Only 2.70% of the stock of Hooker Furniture is held by insiders. 87.80% of the stock of Hooker Furniture is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Hooker Furniture Stock Forecast, Price & News (NASDAQ:HOFT

The P/E ratio of Hooker Furniture is -16.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Hooker Furniture is -16.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Hooker Furniture has a P/B Ratio of 1.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

More latest stories: here