MENU
+Compare
HOFT
Stock ticker: NASDAQ
AS OF
Feb 24, 04:59 PM (EDT)
Price
$13.00
Change
+$0.05 (+0.39%)
Capitalization
256.23M

HOFT stock forecast, quote, news & analysis

HOFT
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
A.I.Advisor
published price charts
Ad is loading...
A.I.Advisor
a Summary for HOFT with price predictions
Feb 21, 2025

HOFT's Indicator enters downward trend

The Aroon Indicator for HOFT entered a downward trend on February 10, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 222 similar instances where the Aroon Indicator formed such a pattern. In of the 222 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 61 cases where HOFT's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on February 21, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on HOFT as a result. In of 88 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The 50-day moving average for HOFT moved below the 200-day moving average on January 23, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where HOFT's RSI Indicator exited the oversold zone, of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

HOFT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.107) is normal, around the industry mean (7.048). P/E Ratio (22.422) is within average values for comparable stocks, (29.603). Projected Growth (PEG Ratio) (0.987) is also within normal values, averaging (1.278). Dividend Yield (0.038) settles around the average of (0.030) among similar stocks. P/S Ratio (0.549) is also within normal values, averaging (1.000).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. HOFT’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. HOFT’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock worse than average.

A.I.Advisor
published Dividends

HOFT paid dividends on December 30, 2024

Hooker Furnishings Corp HOFT Stock Dividends
А dividend of $0.23 per share was paid with a record date of December 30, 2024, and an ex-dividend date of December 13, 2024. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Whirlpool Corp (NYSE:WHR), iRobot Corp (NASDAQ:IRBT).

Industry description

The home furnishings industry includes companies that sell items like furniture, appliances, rugs, cooking utensils, and art objects. According to Mordor Intelligence, the U.S. home decor market is estimated to grow at CAGR 7.5% between 2019 and 2024. The market is being increasingly penetrated by e-commerce and m-commerce, while growing urbanization, and, consumers’ rising interest towards home decor are driving demand for the industry. Mohawk Industries, Inc., La-Z-Boy Incorporated, Leggett & Platt, Incorporated are some of the prominent companies in this space. Being usually discretionary for consumers, demand for furnishings could be affected by macroeconomic cycles.

Market Cap

The average market capitalization across the Home Furnishings Industry is 2.89B. The market cap for tickers in the group ranges from 1.04K to 30.25B. HRSHF holds the highest valuation in this group at 30.25B. The lowest valued company is KMFI at 1.04K.

High and low price notable news

The average weekly price growth across all stocks in the Home Furnishings Industry was -4%. For the same Industry, the average monthly price growth was -5%, and the average quarterly price growth was -8%. EFOI experienced the highest price growth at 55%, while KMFI experienced the biggest fall at -40%.

Volume

The average weekly volume growth across all stocks in the Home Furnishings Industry was 8%. For the same stocks of the Industry, the average monthly volume growth was 40% and the average quarterly volume growth was 57%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 49
P/E Growth Rating: 51
Price Growth Rating: 63
SMR Rating: 69
Profit Risk Rating: 83
Seasonality Score: -47 (-100 ... +100)
View a ticker or compare two or three
HOFT
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I. Advisor
published General Information

General Information

a manufacturer of furniture products

Industry HomeFurnishings

Profile
Fundamentals
Details
Industry
Home Furnishings
Address
440 East Commonwealth Boulevard
Phone
+1 276 632-2133
Employees
1259
Web
https://www.hookerfurnishings.com