Haverty: The Status-Quo Isn't Ideal, But Things May Turn For The Better (Rating Upgrade)
Haverty's YTD sales down 21% amid challenging market conditions. Gross margins remain stable at 60.4%, with effective inventory management. Expected EPS for FY25 shows potential 86% YoY growth at discounted valuation. Fed interest rate cuts could improve housing market and boost sales. Dividends yield at 4.58%, attracting investor interest despite stock weakness.
View signal analysis