Why Hooker Furnishings Corporation (NASDAQ:HOFT) Could Be Worth Watching
Hooker Furnishings Corporation ( NASDAQ:HOFT ), might not be a large cap stock, but it saw a double-digit share price...
U.S. Home Furnishings Industry Analysis
UpdatedMay 28, 2022
DataAggregated Company Financials
Companies19
- 7D6.6%
- 3M-1.4%
- 1Y-37.2%
- YTD-21.2%
Over the last 7 days, the Home Furnishings industry has risen 6.6%, driven by gains in Mohawk Industries and Leggett & Platt of 4.9% and 7.6%, respectively. Meanwhile, Nova LifeStyle actually underperformed within the industry, shrinking 9.0% in the last week. In the past year, the industry is down 37%. As for the next few years, earnings are expected to grow by 8.6% per annum.
Industry Valuation and Performance
Has the U.S. Home Furnishings Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 28 May 2022 | US$17.8b | US$23.7b | US$1.7b | 11.3x |
| Mon, 25 Apr 2022 | US$21.4b | US$28.1b | US$2.4b | 10.1x |
| Wed, 23 Mar 2022 | US$23.9b | US$28.1b | US$2.4b | 9.9x |
| Fri, 18 Feb 2022 | US$26.4b | US$27.8b | US$2.3b | 9.6x |
| Sun, 16 Jan 2022 | US$29.8b | US$27.4b | US$2.4b | 10x |
| Tue, 14 Dec 2021 | US$31.1b | US$27.3b | US$2.4b | 10.3x |
| Thu, 11 Nov 2021 | US$31.7b | US$27.2b | US$2.3b | 10x |
| Sat, 09 Oct 2021 | US$32.9b | US$26.5b | US$2.1b | 11x |
| Mon, 06 Sep 2021 | US$34.5b | US$26.6b | US$2.1b | 11.7x |
| Wed, 04 Aug 2021 | US$34.1b | US$26.4b | US$2.1b | 11.7x |
| Sat, 08 May 2021 | US$36.5b | US$24.4b | US$1.1b | 20.8x |
| Tue, 09 Feb 2021 | US$27.9b | US$23.4b | US$798.5m | 20.9x |
| Mon, 02 Nov 2020 | US$22.5b | US$22.8b | US$787.5m | 18.4x |
| Thu, 06 Aug 2020 | US$19.0b | US$22.4b | US$659.8m | 20.5x |
| Sun, 10 May 2020 | US$13.3b | US$20.4b | US$975.8m | 12.2x |
| Sat, 01 Feb 2020 | US$23.3b | US$23.1b | US$1.3b | 16.6x |
| Tue, 05 Nov 2019 | US$25.2b | US$23.3b | US$1.2b | 19.7x |
| Fri, 09 Aug 2019 | US$21.7b | US$22.7b | US$1.3b | 19.7x |
Median PE Ratio
13.3x
Current Industry PE
- Investors are more pessimistic on the industry, indicating that they anticipate long-term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 11.3x which is lower than its 3-year average PE of 15.8x.
Past Earnings Growth
- The earnings for companies in the Home Furnishings industry have grown 10% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does U.S. Home Furnishings compare with similar industries?
| US Market | 5.92% | |
| Consumer Discretionary | 8.84% | |
| Consumer Durables | 6.26% | |
| Home Furnishings | 6.61% | |
| Housewares and Specialties | 12.07% | |
| Homebuilding | 6.53% | |
| Consumer Electronics | 5.52% | |
| Household Appliances | 2.74% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MHK Mohawk Industries | US$141.77 | 4.9% +US$422.5m | -32.7% | PS8.6x | |
| LEG Leggett & Platt | US$39.81 | 7.6% +US$374.0m | -27.7% | PS13.1x | |
| TPX Tempur Sealy International | US$26.41 | 6.3% +US$279.2m | -31.4% | PS7.6x | |
| PRPL Purple Innovation | US$6.02 | 19.0% +US$79.3m | -78.9% | PS0.7x | |
| LZB La-Z-Boy | US$25.55 | 6.8% +US$70.0m | -38.0% | PS8.5x |