How to Buy Hooker Furnishings Stock
Hooker Furnishings Corp
Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture.
Hooker Furnishings stock last closed at $17.39, up 2.29% from the previous day, and has increased 10.91% in one year. It has overperformed other stocks in the Furnishings Fixtures & Appliances industry by 0.11 percentage points. Hooker Furnishings stock is currently +18.06% from its 52-week low of $14.73, and -35.95% from its 52-week high of $27.15.
As of May 1, 2024, there are 10.66M HOFT shares outstanding. The market capitalization of HOFT is $185.36M. In the past 24 hours, 29,647 HOFT shares were traded.
How to Buy Hooker Furnishings Stock
Not sure how to invest in Hooker Furnishings stock? Here's how.
- Decide where to buy Hooker Furnishings stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Hooker Furnishings stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Choose your payment method and add your information.
- Evaluate Hooker Furnishings stock: The Hooker Furnishings ticker symbol is HOFT. Is Hooker Furnishings stock a good investment? Should you buy shares of HOFT? How do HOFT's underlying business fundamentals look? Do top analysts think Hooker Furnishings is a good buy? Why has HOFT's stock price moved recently? (Hint: Our stock analysis website can help you understand if HOFT is a good stock to buy).
- Make your HOFT trade: Decide if you will purchase HOFT shares at the current market price or use a limit order to purchase HOFT stock at a particular price.
- Monitor your HOFT investment: Create a watchlist to get the latest news on your investment in Hooker Furnishings shares.
Step 1: Decide where to buy Hooker Furnishings stock
You need a brokerage account to access the NASDAQ market and buy HOFT stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked your brokerage, you need to fill out some personal details so you are able to invest in HOFT stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open your new brokerage account.
- Send your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've filled out your info on one of the best stock apps, your next step is to transfer the money for your investment:
Check out this video walkthrough to see the process of transferring money into your new investment account.
Step 4: Evaluate Hooker Furnishings stock
After you have chosen the best place to buy Hooker Furnishings stock, it's crucial to evaluate their stock before you buy, so you can comprehend the risk and opportunity.
Hooker Furnishings shares at a glance
Hooker Furnishings Fundamentals
WallStreetZen was built to help average investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on HOFT's stock page.
Is HOFT stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge HOFT's true value.
Using relative valuations measures:
- HOFT could be overvalued based on its P/E ratio of 19.11x, relative to Furnishings Fixtures & Appliances industry P/E ratio of 16.77x
- HOFT may be undervalued based on its P/B ratio of 0.82x, relative to Furnishings Fixtures & Appliances industry P/B ratio of 2.13x
You can access more valuation research on HOFT's stock here.
HOFT Financial Summary
Positive Financial Indicators:
- HOFT profit margin has gone up from -0.7% to 2.3% in the past year.
- HOFT earnings of $14.01M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the HOFT balance sheet.
- There are more short-term assets than long-term liabilities on the HOFT balance sheet.
- HOFT's operating cash flow of $55.47M allows it to safely service it's debt of $76.25M.
Negative Financial Indicators:
- HOFT has a relatively high debt to equity ratio of 0.52.
- Total HOFT debt is higher than 5 years ago, relative to shareholder equity.
You can dive deeper into what analysts are projecting on the Hooker Furnishings stock forecast page.
HOFT Technicals
How are HOFT Revenues/Earnings doing?
Last year, HOFT earnings were $9.87M. In the past 5 year, HOFT's earnings have increased by -23.08% per year. This was slower than the Furnishings Fixtures & Appliances industry average of -9.4%.
Last year, HOFT revenue was $433.23M. Over the past five year, HOFT's revenue has gone up by -8.72% per year. This was slower than the Furnishings Fixtures & Appliances industry average of 20.53%.
Dive into HOFT's earnings and revenue performance here.
Are HOFT insiders buying or selling the stock?
Over the past year, executives and large shareholders at HOFT have sold more shares than they have bought.
Jeremy R. Hoff, Chief Executive Officer of HOFT, was the latest HOFT insider to sell. They sold $20,976.00 worth of HOFT shares on Apr 8, 2024.
Learn more about who owns HOFT shares here.
Can I rely on HOFT as an income stream?
Hooker Furnishings pays a dividend of 5.18%, compared to the Furnishings Fixtures & Appliances industry's average dividend yield of 4.2%. If you owned $1,000 of HOFT stock, you would have been paid $51.75 last year.
Hooker Furnishings dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Hooker Furnishings dividend yield and history here.
HOFT Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your HOFT trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, place a limit order.
Press the Open button and your broker will execute the order.
If you require more info about buying stocks on eToro, click the helpful video below:
Step 6: Monitor your HOFT investment
Now that you own some HOFT shares, you'll want to keep up with your new company.
Create a watchlist to get alerted to the latest events about your HOFT stock.
HOFT Feed
How to Buy Stock in Hooker Furnishings
To summarize, here are the 6 steps to buy Hooker Furnishings stock:
- Decide where to buy Hooker Furnishings stock
- Create your brokerage account
- Deposit money your brokerage account
- Evaluate Hooker Furnishings stock
- Make your HOFT trade
- Monitor your HOFT investment
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Hooker Furnishings, create a watchlist today.
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