NasdaqGS:HOFT

Stock Analysis Report

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Executive Summary

Hooker Furniture Corporation, together with its subsidiaries, designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. More Details


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Hooker Furniture's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HOFT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: HOFT's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

4.6%

HOFT

1.7%

US Consumer Durables

1.8%

US Market


1 Year Return

30.7%

HOFT

20.8%

US Consumer Durables

20.4%

US Market

Return vs Industry: HOFT exceeded the US Consumer Durables industry which returned 20.8% over the past year.

Return vs Market: HOFT exceeded the US Market which returned 20.4% over the past year.


Shareholder returns

HOFTIndustryMarket
7 Day4.6%1.7%1.8%
30 Day4.9%2.7%6.0%
90 Day34.3%6.9%6.8%
1 Year34.9%30.7%22.2%20.8%23.2%20.4%
3 Year-30.8%-35.4%17.7%13.4%47.4%37.6%
5 Year24.3%12.7%49.3%39.8%91.9%70.8%

Long-Term Price Volatility Vs. Market

How volatile is Hooker Furniture's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Hooker Furniture undervalued compared to its fair value and its price relative to the market?

1.54x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: HOFT ($31.55) is trading above our estimate of fair value ($17.58)

Significantly Below Fair Value: HOFT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HOFT is unprofitable, so we can't compare its PE Ratio to the US Consumer Durables industry average.

PE vs Market: HOFT is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate HOFT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HOFT's PB Ratio (1.5x) is in line with the US Consumer Durables industry average.


Next Steps

Future Growth

How is Hooker Furniture forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

168.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HOFT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: HOFT is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: HOFT's is expected to become profitable in the next 3 years.

Revenue vs Market: HOFT's revenue (8.8% per year) is forecast to grow slower than the US market (10.2% per year).

High Growth Revenue: HOFT's revenue (8.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if HOFT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Hooker Furniture performed over the past 5 years?

-7.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HOFT is currently unprofitable.

Growing Profit Margin: HOFT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HOFT is unprofitable, and losses have increased over the past 5 years at a rate of 7.2% per year.

Accelerating Growth: Unable to compare HOFT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HOFT is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (29.1%).


Return on Equity

High ROE: HOFT has a negative Return on Equity (-7.47%), as it is currently unprofitable.


Next Steps

Financial Health

How is Hooker Furniture's financial position?


Financial Position Analysis

Short Term Liabilities: HOFT's short term assets ($223.4M) exceed its short term liabilities ($71.0M).

Long Term Liabilities: HOFT's short term assets ($223.4M) exceed its long term liabilities ($44.2M).


Debt to Equity History and Analysis

Debt Level: HOFT's debt to equity ratio (11.2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if HOFT's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: HOFT's debt is well covered by operating cash flow (307.3%).

Interest Coverage: HOFT is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Hooker Furniture current dividend yield, its reliability and sustainability?

2.03%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HOFT's dividend (2.03%) is higher than the bottom 25% of dividend payers in the US market (1.46%).

High Dividend: HOFT's dividend (2.03%) is low compared to the top 25% of dividend payers in the US market (4.05%).


Stability and Growth of Payments

Stable Dividend: HOFT's dividends per share have been stable in the past 10 years.

Growing Dividend: HOFT's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: HOFT is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.1yrs

Average management tenure


CEO

Paul Toms (65 yo)

19.92yrs

Tenure

US$1,565,575

Compensation

Mr. Paul B. Toms, Jr., has been the Chairman of the Board and Chief Executive Officer of Hooker Furniture Corp. of Opus Designs, LLC since December 2000 and served as its President since November 1, 2006 u...


CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD1.57M) is about average for companies of similar size in the US market ($USD1.79M).

Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Paul Toms
Chairman & CEO19.92yrsUS$1.57m1.13%
$ 4.2m
Paul Huckfeldt
CFO and Senior VP of Finance & Accounting9.83yrsUS$656.57k0.21%
$ 799.5k
Anne M. Smith
Chief Administration Officer6.83yrsUS$606.72k0.094%
$ 351.5k
Jeremy Hoff
President of Hooker Branded Segment3.25yrsUS$595.31k0.0037%
$ 13.7k
Donald Boone
President of Home Meridian Segment2.42yrsUS$490.31k0.017%
$ 63.1k
Charlene Bowling
Chief Information Officer & VPno datano datano data
Johne Albanese
VP of Corporate Marketingno datano datano data
Robert Sherwood
VP of Credit & Treasurerno datano datano data
Craig Young
President of Bradington-Young3.42yrsno datano data
Earl Armstrong
Secretaryno datano datano data

5.1yrs

Average Tenure

58yo

Average Age

Experienced Management: HOFT's management team is seasoned and experienced (5.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Paul Toms
Chairman & CEO19.92yrsUS$1.57m1.13%
$ 4.2m
Henry Williamson
Independent Lead Director4.42yrsUS$123.00k0.38%
$ 1.4m
Edwin Ryder
Independent Director9.75yrsUS$108.00k0.16%
$ 600.9k
John Gregory
Independent Director32.83yrsUS$108.00k0.18%
$ 667.5k
W. Beeler
Independent Director27.83yrsUS$118.00k0.35%
$ 1.3m
Paulette Garafalo
Independent Director3.25yrsUS$113.00k0.064%
$ 239.6k
Ellen Taaffe
Independent Director5.33yrsUS$113.00k0.080%
$ 298.3k
Tonya Jackson
Independent Director3.25yrsUS$108.00k0.063%
$ 236.7k

7.5yrs

Average Tenure

66.5yo

Average Age

Experienced Board: HOFT's board of directors are considered experienced (7.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Hooker Furniture Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hooker Furniture Corporation
  • Ticker: HOFT
  • Exchange: NasdaqGS
  • Founded: 1924
  • Industry: Home Furnishings
  • Sector: Consumer Durables
  • Market Cap: US$373.679m
  • Shares outstanding: 11.84m
  • Website: https://www.hookerfurniture.com

Number of Employees


Location

  • Hooker Furniture Corporation
  • 440 East Commonwealth Boulevard
  • Martinsville
  • Virginia
  • 24112
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HOFTNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJul 1999

Biography

Hooker Furniture Corporation, together with its subsidiaries, designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. The company operates through three segm...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/25 00:36
End of Day Share Price2020/11/24 00:00
Earnings2020/08/02
Annual Earnings2020/02/02


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.