Published On: Wed, Oct 19th, 2016

Hooker Furniture Corporation (NASDAQ:HOFT) Latest Broker Coverage


A number of investment brokers have recently updated their price targets on shares of Hooker Furniture Corporation (NASDAQ:HOFT).

Most recent broker ratings

03/23/2016 – Hooker Furniture Corporation was downgraded to “hold” by analysts at BB&T Capital Markets.

05/05/2015 – Hooker Furniture Corporation was downgraded to “neutral” by analysts at Sidoti.

11/18/2014 – Hooker Furniture Corporation was upgraded to “neutral” by analysts at Zacks. They now have a USD 15.6 price target on the stock.

11/04/2013 – Hooker Furniture Corporation was upgraded to “hold” by analysts at Thomson Reuters/Verus.

The share price of Hooker Furniture Corporation (NASDAQ:HOFT) was up +2.92% during the last day of trading, with a day high of 26.50. 25091 shares were traded during the last session.

The stock’s 50 day moving average is 25.43 and its 200 day moving average is 24.34. The stock’s market capitalization is 304.55M. Hooker Furniture Corporation has a 52-week low of 20.29 and a 52-week high of 35.95.

Hooker Furniture Corporation is a home furnishings marketing, design and logistics company offering sourcing of residential casegoods and upholstery, as well as domestically-produced leather and fabric-upholstered furniture. The Company operates through three segments: casegoods furniture, upholstered furniture and all other. The Company’s casegoods product categories include accents, home office, dining, bedroom and home entertainment furniture under the Hooker Furniture brand. Its residential upholstered seating companies include Bradington-Young, which is engaged in upscale motion and stationary leather furniture, and Sam Moore Furniture, which is engaged in upscale occasional chairs, settees, sofas and sectional seating with a focus on cover-to-frame customization. It also markets a line of imported leather upholstery under the Hooker Upholstery trade name. All other segment operates under the H Contract and Homeware brands.