|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||20.58 - 21.18|
|52 Week Range||19.09 - 49.00|
|Beta (3Y Monthly)||0.58|
|PE Ratio (TTM)||7.10|
|Earnings Date||Jun 7, 2017 - Jun 9, 2017|
|Forward Dividend & Yield||0.60 (2.87%)|
|1y Target Est||40.00|
Today we are going to look at Hooker Furniture Corporation (NASDAQ:HOFT) to see whether it might be an attractive...
I have a simple yet effective way to screen for potential stocks to buy. If a stock price has dropped significantly, I check the insider buying.Insiders are people who have access to confidential information about the company. It goes without saying that they probably have a much better idea of what is happening in the company than most analysts. They certainly know more about it than I do.Over the years, many insiders have used this information to gain an unfair advantage over uninformed investors. One of the regulations that the SEC has established to prevent this kind of activity is the requirement that an insider must publicly disclose when they have made a transaction in their stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBecause of this, we outsiders can profit. We can find out if the insiders are buying or selling.There are many reasons why an insider of a company may be motivated to sell their stock. They could need to raise money for things such as buying a house, installing a pool, or paying a college tuition. But an insider will only buy the stock for one reason -- they believe that the stock is undervalued and that it will trade at a higher price, where they can make money. * 7 A-Rated Stocks to Buy for the Rest of 2019 These companies are on my radar screen as potential stocks to buy due to the significant insider buying that has occurred recently. Stocks to Buy: Carnival (CCL)Carnival (NYSE:CCL) is the popular cruise ship company. It has worldwide operations but the headquarters are in Miami, Florida.CCL has lost over 10% of its value since its June 20 earnings release was a disappointment to investors. Since then, there has been some significant insider buying.Last week, the president and chief executive officer of Carnival, Arnold Donald, made some large purchases of the stock. He invested $1 million when he bought 22,050 shares around $45.31.Mr. Donald also made a similar size investment in December, when the markets made the significant move lower and CCL was trading around current levels. He must believe that the stock is a good value at these levels.Randall Weisenburger is a director of Carnival. He must also believe that the recent selloff is over because he just made a considerable personal investment as well. He just paid $46.50 for 20,000 shares. This is $930,000. Hooker Furniture (HOFT)Hooker Furniture (NASDAQ:HOFT) is a home furnishings and logistics company. That's a fancy way of saying that they make and sell furniture.The stock of HOFT has dropped over 50% in the past year. At this time last year it was trading around $48 per share. The most recent close was $21.32. In June the shares dropped from $27 to current levels due to disappointing earnings results. The company blamed it on tariffs and higher lumber costs. * 7 Retail Stocks to Buy That Are Down in 2019 Douglas Townsend is the co-president of the Home Meridian Segment of the company. He must believe that this selloff has come to an end. Mr. Townsend just invested over $100,000 when he bought 4,900 shares at $21.64. Nymox Pharmaceutical Corporation (NYMX)Nymox Pharmaceutical Corporation (NASDAQ:NYMX) is a biopharmaceutical company that engages in research and development of products for the ageing population. This sounds like a great business to be in, but NYMX must being doing something wrong. Over the past year the share price has dropped by 60%.James Robinson is a director of Nymox. Mr. Robinson must be tired of watching the stock fall and thinks that this selloff is overdone. He invested $150,000 when he recently paid around $1.50 for 100,000 shares.No firms on Wall Street follow this company. Some investors may consider this to be a good thing because they believe that if they can get into it before it is "discovered" by the big players, they will be able to make significant profits. Kroger (KR)Kroger (NYSE:KR) operates various types of stores, including food and drug stores, multi-department stores, jewelry stores and convenience stores.Like many retailers, KR stock has had a rough time over the past year. Shares have lost about 30% of their value since their highs last September. Some blame this on a combination of tariff concerns and the Amazon (NASDAQ:AMZN) effect.Ronald Sargent is Kroger's lead director. He must believe that the recent selloff has created a great buying opportunity. He just invested $107,000 of his personal funds when he bought 5,000 shares at $21.49. * 10 Stocks That Should Be Every Young Investor's First Choice This is the first time an insider has purchased shares of KR in two years. Maybe this is because the Board of Directors just increased the dividend by 14%. Dave & Busters Entertainment (PLAY)Dave & Busters Entertainment (NASDAQ:PLAY) owns and operates entertainment and dinning venues. Its concept is to offer customers the opportunity to eat, drink and play in one location.Unfortunately for the shareholders of PLAY, they have not been as entertained as the short-sellers have. Since early May, the price of the stock has fallen by 30%. This includes the drop of 20% that occurred when the company missed earnings estimates in early June.Michael Griffith is a director of Dave & Busters. He apparently thinks that this recent weakness in the stock has created a buying opportunity. He just invested almost $200,000 of his own money when he purchased 5,000 shares at an average price of $39.31.Currently, 10 firms on Wall Street follow PLAY stock. They like it as well. The average rating is overweight and the average price target is $50. Greif (GEF)Greif (NYSE:GEF) produces industrial packaging products and services.In the past four months, the price of GEF stock has dropped from $42 to $34. This has been attributed by analysts to lower volumes of sales in some sectors and higher debt burdens. It could also be under pressure due to worries about tariffs.Peter Watson is the president and chief executive officer of Greif. He must believe that the selloff is over and that the stock will appreciate from here. Mr. Watson just paid $32.71 for 15,000 shares of GEF. That is a $500,000 investment. * 7 F-Rated Stocks to Sell for Summer Seven firms follow Greif. Opinion seems to be widely varied. There are three buy ratings, three sell ratings, and one hold rating.As of this writing, Mark Putrino did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 A-Rated Stocks to Buy for the Rest of 2019 * 7 Education Stocks to Buy for the Future of Academia * 5 Stocks to Buy as You Rebalance Your Portfolio The post 6 Stocks to Buy Based on Insider Buying appeared first on InvestorPlace.
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll look at Hooker...
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before the Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the first […]
CEO of Hooker Furniture Corp (NASDAQ:HOFT) Paul B Jr Toms bought 5,000 shares of HOFT on 06/17/2019 at an average price of $20.03 a share.
NEW YORK, NY / ACCESSWIRE / June 12, 2019 / Hooker Furniture Corp. (NASDAQ: HOFT ) will be discussing their earnings results in their 2020 First Quarter Earnings to be held on June 12, 2019 at 3:00 PM ...
Hooker Furniture earnings for the first quarter of 2019 have HOFT stock falling hard on Wednesday.Source: Shutterstock Hooker Furniture (NASDAQ:HOFT) earnings for the first quarter of the year start off with earnings per share of 17 cents. This is down from the company's earnings per share of 61 cents from the same time last year. It was also a major blow to HOFT stock by missing Wall Street's earnings per share estimate of 23 cents for the quarter.Net income reported in the Hooker Furniture earnings report for the first quarter of 2019 comes in at $1.99 million. This is worse than the company's net income of $7.15 million reported in the first quarter of 2018.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe Hooker Furniture earnings report for the first quarter of the year also includes operating income of $2.91 million. That's a drop from the furniture company's operating income of $9.38 million reported in the same period of the year prior.Hooker Furniture earnings for the first quarter of 2019 has revenue coming in at $135.52 million.This is a decrease from the company's revenue of $142.89 million reported in the first quarter of the previous year. However, it was better than analysts' revenue estimate of $127.26 million for the period, but that couldn't keep HOFT stock from falling today. * 7 Stocks to Buy for the Coming Recession "Overall, the residential furniture industry is experiencing deflated demand and sluggish retail conditions, and we expect the newly-enacted 25% tariff on Chinese imports to cause business disruptions in the industry throughout the next several months," Paul Toms Jr., Chairman and CEO of Hooker Furniture, said in a statement.HOFT stock was down 16% as of Wednesday morning. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for the Coming Recession * 10 Smart Dividend Stocks for the Rest of the Year * 5 Tech Stocks That Are Far Too Risky Right Now As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Hooker Furniture Earnings: HOFT Stock Slides Lower on Q1 Miss appeared first on InvestorPlace.
MARTINSVILLE, Va., June 12, 2019 -- Hooker Furniture Corporation (NASDAQ-GS: HOFT) today reported consolidated net sales of $135.5 million and net income of $2.0 million, or.
MARTINSVILLE, Va., June 06, 2019 -- Hooker Furniture Corporation (NASDAQ-GS: HOFT) announced that on June 5, 2019, its board of directors declared a quarterly cash dividend of.
Paul Toms became the CEO of Hooker Furniture Corporation (NASDAQ:HOFT) in 2000. First, this article will compare CEO...
MARTINSVILLE, Va., May 22, 2019 -- Hooker Furniture Corporation (Nasdaq-GS:HOFT) will present its fiscal 2020 first quarter financial results via teleconference and live.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Many investors are still learning about the various metrics that can be useful when analysing a stock...
The recent decline in 30-year mortgage rates seems to be boosting interest in buying homes, although week-to-week applications continue be bumpy. This was when most observers were convinced the Federal Reserve would be more aggressive hiking interest rates in 2019 than it has been so far this year. The average median home price has fallen significantly.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak perf...
The Martinsville, Virginia-based company said it had net income of $1.24 per share. The home furnishings company posted revenue of $200.5 million in the period. For the year, the company reported profit ...
MARTINSVILLE, Va., April 16, 2019 -- Hooker Furniture Corporation (NASDAQ-GS: HOFT) today reported consolidated net sales of $683.5 million and net income of $39.9 million, or.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in t...
MARTINSVILLE, Va., March 18, 2019 -- Hooker Furniture Corporation (Nasdaq-GS:HOFT) will present its fiscal 2019 fourth quarter financial results via teleconference and live.
It's been hit or miss lately with one of my favorite deep value techniques, based on Benjamin Graham's "stocks for the defensive investor" methodology laid in The Intelligent Investor. It's still very slim pickings in deep value land, for sure, which makes the digging a bit harder, but that's been the case for quite a while.
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose your money. But when you pick a companyRead More...