Hooker Furniture Stock Beta
| HOFT Stock | USD 17.39 0.39 2.29% |
Hooker Furniture fundamentals help investors to digest information that contributes to Hooker Furniture's financial success or failures. It also enables traders to predict the movement of Hooker Stock. The fundamental analysis module provides a way to measure Hooker Furniture's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hooker Furniture stock.
Hooker | Beta |
Hooker Furniture Company Beta Analysis
Hooker Furniture's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Hooker Furniture Beta | 1.07 |
Most of Hooker Furniture's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hooker Furniture is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Hooker Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Hooker Furniture is extremely important. It helps to project a fair market value of Hooker Stock properly, considering its historical fundamentals such as Beta. Since Hooker Furniture's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hooker Furniture's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hooker Furniture's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Hooker Furniture has a Beta of 1.073. This is 27.74% higher than that of the Household Durables sector and significantly higher than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.
Hooker Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hooker Furniture's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hooker Furniture could also be used in its relative valuation, which is a method of valuing Hooker Furniture by comparing valuation metrics of similar companies.Hooker Furniture is currently under evaluation in beta category among related companies.
Hooker Furniture Institutional Holders
Institutional Holdings refers to the ownership stake in Hooker Furniture that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hooker Furniture's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hooker Furniture's value.| Shares | American Century Companies Inc | 2023-12-31 | 112 K | Arrowstreet Capital Limited Partnership | 2023-12-31 | 108.9 K | Goldman Sachs Group Inc | 2023-12-31 | 85.9 K | Bank Of New York Mellon Corp | 2023-12-31 | 79.5 K | Renaissance Technologies Corp | 2023-12-31 | 76 K | Ancora Advisors Llc | 2023-12-31 | 70.7 K | Mork Capital Management | 2023-12-31 | 60 K | Moors & Cabot Inc | 2023-12-31 | 55.2 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 54.1 K | Pzena Investment Management, Llc | 2023-12-31 | 1.4 M | Donald Smith & Co Inc | 2023-12-31 | 1.1 M |
Hooker Furniture returns are very sensitive to returns on the market. As the market goes up or down, Hooker Furniture is expected to follow.
Hooker Fundamentals
| Return On Equity | 0.0427 | ||||
| Return On Asset | 0.0211 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0 % | ||||
| Current Valuation | 211.21 M | ||||
| Shares Outstanding | 10.66 M | ||||
| Shares Owned By Insiders | 2.27 % | ||||
| Shares Owned By Institutions | 76.44 % | ||||
| Number Of Shares Shorted | 121.61 K | ||||
| Price To Earning | 58.30 X | ||||
| Price To Book | 0.86 X | ||||
| Price To Sales | 0.45 X | ||||
| Revenue | 433.23 M | ||||
| Gross Profit | 93.29 M | ||||
| EBITDA | 21.31 M | ||||
| Net Income | 9.56 M | ||||
| Cash And Equivalents | 11.65 M | ||||
| Cash Per Share | 1.00 X | ||||
| Total Debt | 76.25 M | ||||
| Debt To Equity | 0.31 % | ||||
| Current Ratio | 3.68 X | ||||
| Book Value Per Share | 21.54 X | ||||
| Cash Flow From Operations | 55.47 M | ||||
| Short Ratio | 2.69 X | ||||
| Earnings Per Share | 0.91 X | ||||
| Price To Earnings To Growth | 0.91 X | ||||
| Target Price | 24.0 | ||||
| Number Of Employees | 1.2 K | ||||
| Beta | 1.07 | ||||
| Market Capitalization | 181.2 M | ||||
| Total Asset | 343.59 M | ||||
| Retained Earnings | 175.72 M | ||||
| Working Capital | 123.39 M | ||||
| Current Asset | 128.07 M | ||||
| Current Liabilities | 16.61 M | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 2.57 % | ||||
| Net Asset | 343.59 M | ||||
| Last Dividend Paid | 0.89 |
About Hooker Furniture Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hooker Furniture's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hooker Furniture using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hooker Furniture based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out Hooker Furniture Piotroski F Score and Hooker Furniture Altman Z Score analysis. For more information on how to buy Hooker Stock please use our How to Invest in Hooker Furniture guide.Note that the Hooker Furniture information on this page should be used as a complementary analysis to other Hooker Furniture's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Hooker Stock analysis
When running Hooker Furniture's price analysis, check to measure Hooker Furniture's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hooker Furniture is operating at the current time. Most of Hooker Furniture's value examination focuses on studying past and present price action to predict the probability of Hooker Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hooker Furniture's price. Additionally, you may evaluate how the addition of Hooker Furniture to your portfolios can decrease your overall portfolio volatility.
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Is Hooker Furniture's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hooker Furniture. If investors know Hooker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hooker Furniture listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.575 | Dividend Share 0.89 | Earnings Share 0.91 | Revenue Per Share 40.549 | Quarterly Revenue Growth (0.26) |
The market value of Hooker Furniture is measured differently than its book value, which is the value of Hooker that is recorded on the company's balance sheet. Investors also form their own opinion of Hooker Furniture's value that differs from its market value or its book value, called intrinsic value, which is Hooker Furniture's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hooker Furniture's market value can be influenced by many factors that don't directly affect Hooker Furniture's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hooker Furniture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hooker Furniture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hooker Furniture's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.