(HOFT) Hooker Furniture - Ratings and Ratios

Hooker Furnishings Corporation (NASDAQ:HOFT) is a diversified furniture manufacturer and marketer operating across three core business segments: Hooker Branded, Home Meridian, and Domestic Upholstery. The company specializes in designing, producing, and distributing a wide range of residential, hospitality, and contract furniture products. Its portfolio includes home entertainment systems, home office solutions, dining sets, bedroom collections, and upholstered furniture, catering to both retail and institutional markets.

The Hooker Branded segment focuses on mid-to-upper-tier furniture offerings under the Hooker Furniture and Hooker Upholstery brands, emphasizing classic designs with a contemporary twist. The Home Meridian division serves the mid-market segment through brands like Pulaski Furniture and Samuel Lawrence Furniture, offering a broad range of bedroom, dining, and accent pieces. This segment also provides leather motion upholstery under the Prime Resources International brand and hospitality furnishings for luxury hotels through Samuel Lawrence Hospitality.

The Domestic Upholstery segment targets premium and custom markets with brands such as Bradington-Young, HF Custom, and Shenandoah Furniture. It produces leather and fabric upholstery, including sectionals, sofas, and accent pieces, while also offering outdoor furniture under the Sunset West brand. The segment also caters to senior living facilities and contract markets through the H Contract brand, providing tailored seating and casegoods. Additionally, the company markets lighting, accessories, and home décor through the BOBO Intriguing Objects brand.

Hooker Furnishings distributes its products through a network of independent furniture stores, department stores, national chains, catalog merchants, interior designers, and e-commerce platforms, primarily in North America. The company emphasizes quality, craftsmanship, and design innovation across its product lines.

3-Month Forecast: Based on the provided data, Hooker Furnishings Corporation (NASDAQ:HOFT) is expected to face near-term challenges. Technically, the stock is trading below its 20, 50, and 200-day moving averages (SMA 20: 12.99, SMA 50: 13.28, SMA 200: 15.19), indicating bearish momentum. The average true range (ATR: 0.45) suggests low volatility, but the stocks last price (12.23) reflects downside pressure. Fundamentally, the companys forward P/E ratio (9.89) and P/B ratio (0.67) suggest potential undervaluation, but the negative return on equity (RoE: -4.59%) raises concerns about profitability. Overall, the stock may experience sideways to downward movement in the next quarter as market participants weigh recovery potential against operational challenges.

Category: Ticker Symbol: HOFT, Exchange: NASDAQ, Type: common stock, Country Origin: United States, GICS Sub Industry: Home Furnishings. For more information, visit: https://www.hookerfurniture.com.