hooker furniture - HOFT

HOFT

Close Chg Chg %
17.57 1.23 7.00%

Open Market

18.80

+1.23 (7.00%)

Volume: 16.61K

Last Updated:

Nov 21, 2024, 2:48 PM EDT

Company Overview: hooker furniture - HOFT

HOFT Key Data

Open

$17.59

Day Range

17.59 - 18.80

52 Week Range

13.09 - 27.15

Market Cap

$188.24M

Shares Outstanding

10.71M

Public Float

10.49M

Beta

1.20

Rev. Per Employee

N/A

P/E Ratio

157.44

EPS

$0.12

Yield

523.62%

Dividend

$0.23

EX-DIVIDEND DATE

Sep 13, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

22.04K

 

HOFT Performance

1 Week
 
-1.46%
 
1 Month
 
11.06%
 
3 Months
 
11.63%
 
1 Year
 
-6.54%
 
5 Years
 
-24.75%
 

HOFT Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 1
Full Ratings ➔

About hooker furniture - HOFT

Hooker Furnishings Corp. engages in the design, market, and import of wooden and metal furniture, leather furniture, fabric-upholstered furniture, and outdoor furniture. It operates its business through the following business segments: Hooker Branded, Home Meridian, Domestic Upholstery, and All Other. The Hooker Branded segment refers to the operations of its imported Hooker Casegoods and Hooker Upholstery businesses. The Home Meridian segment relates to Pulaski Furniture, Samuel Lawrence Furniture, and Prime Resources International. The Domestic Upholstery segment refers to the domestic upholstery manufacturing operations of Bradington-Young, HF Custom, Shenandoah Furniture, and Sunset West. The All Other segment includes H Contract and Lifestyle brands. The company was founded in 1924 and is headquartered in Martinsville, VA.

HOFT At a Glance

Hooker Furnishings Corp.
440 East Commonwealth Boulevard
Martinsville, Virginia 24112-2040
Phone 1-276-632-2133 Revenue 433.23M
Industry Home Furnishings Net Income 9.56M
Sector Consumer Durables Employees 1,203
Fiscal Year-end 01 / 2025
View SEC Filings

HOFT Valuation

P/E Current 157.437
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 28.377
Price to Sales Ratio 0.626
Price to Book Ratio 1.182
Price to Cash Flow Ratio 4.888
Enterprise Value to EBITDA 14.275
Enterprise Value to Sales 0.702
Total Debt to Enterprise Value 0.251

HOFT Efficiency

Revenue/Employee 360,121.363
Income Per Employee 7,943.475
Receivables Turnover 7.979
Total Asset Turnover 1.195

HOFT Liquidity

Current Ratio 3.98
Quick Ratio 2.487
Cash Ratio 1.042

HOFT Profitability

Gross Margin 24.667
Operating Margin 2.853
Pretax Margin 2.871
Net Margin 2.206
Return on Assets 2.635
Return on Equity 4.137
Return on Total Capital 3.162
Return on Invested Capital 3.10

HOFT Capital Structure

Total Debt to Total Equity 33.744
Total Debt to Total Capital 25.23
Total Debt to Total Assets 22.193
Long-Term Debt to Equity 30.045
Long-Term Debt to Total Capital 22.465
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Hooker Furniture - HOFT

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
540.08M 593.61M 583.10M 433.23M
Sales Growth
-11.58% +9.91% -1.77% -25.70%
Cost of Goods Sold (COGS) incl D&A
429.72M 494.29M 464.57M 326.36M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
6.78M 7.81M 8.83M 8.96M
Depreciation
4.39M 5.43M 5.32M 5.30M
Amortization of Intangibles
2.38M 2.38M 3.51M 3.66M
COGS Growth
-13.93% +15.03% -6.01% -29.75%
Gross Income
110.36M 99.32M 118.53M 106.86M
Gross Income Growth
-1.08% -10.01% +19.35% -9.84%
Gross Profit Margin
+20.43% +16.73% +20.33% +24.67%
2021 2022 2023 2024 5-year trend
SG&A Expense
80.41M 84.47M 95.40M 92.68M
Research & Development
- - - -
-
Other SG&A
80.41M 84.47M 95.40M 92.68M
SGA Growth
-9.52% +5.06% +12.93% -2.85%
Other Operating Expense
- - 28.75M 1.83M
-
Unusual Expense
- - 44.32M 427.00K
-
EBIT after Unusual Expense
(14.36M) 14.84M (6.05M) 12.36M
Non Operating Income/Expense
336.00K 373.00K 416.00K 1.65M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
540.00K 110.00K 519.00K 1.57M
Interest Expense Growth
-56.38% -79.63% +371.82% +203.08%
Gross Interest Expense
540.00K 110.00K 519.00K 1.57M
Interest Capitalized
- - - -
-
Pretax Income
(14.57M) 15.11M (6.15M) 12.44M
Pretax Income Growth
-166.44% +203.69% -140.71% +302.28%
Pretax Margin
-2.70% +2.54% -1.05% +2.87%
Income Tax
(4.14M) 3.39M (1.84M) 2.57M
Income Tax - Current - Domestic
7.01M 957.00K 1.25M 6.00K
Income Tax - Current - Foreign
108.00K 107.00K 75.00K 47.00K
Income Tax - Deferred - Domestic
(11.26M) 2.32M (3.16M) 2.52M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
(36.00K) (107.00K) (103.00K) (309.00K)
Consolidated Net Income
(10.46M) 11.61M (4.42M) 9.56M
Minority Interest Expense
- - - -
-
Net Income
(10.46M) 11.61M (4.42M) 9.56M
Net Income Growth
-161.55% +210.98% -138.02% +316.44%
Net Margin Growth
-1.94% +1.96% -0.76% +2.21%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(10.46M) 11.61M (4.42M) 9.56M
Preferred Dividends
- - - -
-
Net Income Available to Common
(10.46M) 11.61M (4.42M) 9.56M
EPS (Basic)
-0.885 0.9797 -0.3808 0.8944
EPS (Basic) Growth
-161.35% +210.70% -138.87% +334.87%
Basic Shares Outstanding
11.82M 11.85M 11.59M 10.68M
EPS (Diluted)
-0.885 0.97 -0.3808 0.8817
EPS (Diluted) Growth
-161.63% +209.60% -139.26% +331.54%
Diluted Shares Outstanding
11.82M 11.97M 11.59M 10.84M
EBITDA
36.73M 22.66M 3.21M 21.31M
EBITDA Growth
+23.23% -38.32% -85.83% +563.99%
EBITDA Margin
+6.80% +3.82% +0.55% +4.92%

Snapshot

Average Recommendation BUY Average Target Price 20.00
Number of Ratings 1 Current Quarters Estimate 0.25
FY Report Date 01 / 2025 Current Year's Estimate -0.05
Last Quarter’s Earnings 0.275 Median PE on CY Estimate N/A
Year Ago Earnings 0.91 Next Fiscal Year Estimate 1.563
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 2 2 2 3
Mean Estimate 0.25 0.16 -0.05 1.56
High Estimates 0.31 0.20 0.27 1.69
Low Estimate 0.19 0.12 -0.37 1.50
Coefficient of Variance 33.94 35.36 -905.10 7.02

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 1 1 1
OVERWEIGHT 0 0 0
HOLD 0 0 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Hooker Furniture - HOFT

Date Name Shares Transaction Value
Jun 24, 2024 Tonya Harris Jackson Director 25,229 Open market or private purchase of non-derivative security Non-derivative transaction at $13.61 per share 343,366.69
Jun 11, 2024 Christopher L. Henson Director 11,935 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 11, 2024 W. Christopher Beeler Director 56,863 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 11, 2024 Ellen Connelly Taaffe Director 23,833 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 11, 2024 Jeremy R. Hoff Chief Executive Officer; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Apr 11, 2024 Jeremy R. Hoff Chief Executive Officer; Director 24,208 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 11, 2024 Jeremy R. Hoff Chief Executive Officer; Director 7,379 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $22.08 per share 162,928.32
Apr 11, 2024 Jeremy R. Hoff Chief Executive Officer; Director 8,329 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Apr 11, 2024 Tod R. Phelps Chief Information Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Apr 11, 2024 Tod R. Phelps Chief Information Officer 4,548 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 11, 2024 Tod R. Phelps Chief Information Officer 1,488 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $22.08 per share 32,855.04
Apr 11, 2024 Tod R. Phelps Chief Information Officer 1,964 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Apr 11, 2024 Anne M. Jacobsen Chief Administrative Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Apr 11, 2024 Anne M. Jacobsen Chief Administrative Officer 5,168 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 11, 2024 Anne M. Jacobsen Chief Administrative Officer 15,725 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $22.08 per share 347,208.00
Apr 11, 2024 Anne M. Jacobsen Chief Administrative Officer 16,591 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Apr 11, 2024 Paul A. Huckfeldt Chief Financial Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Apr 11, 2024 Paul A. Huckfeldt Chief Financial Officer 5,719 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 11, 2024 Paul A. Huckfeldt Chief Financial Officer 28,286 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $22.08 per share 624,554.88
Apr 11, 2024 Paul A. Huckfeldt Chief Financial Officer 29,257 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Hooker Furniture in the News