Does Hooker Furnishings Corporation's (NASDAQ:HOFT) Weak Fundamentals Mean That The Market Could Correct Its Share Price? [Yahoo! Finance]
Hooker Furnishings Corporation (HOFT)
US:NASDAQ Investor Relations:
investors.hookerfurniture.com
Company Research
Source: Yahoo! Finance
Hooker Furnishings' ROE. ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. Simply put, it is used to assess the profitability of a company in relation to its equity capital. How Do You Calculate Return On Equity? ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Hooker Furnishings is: 0.7% = US$1.6m ÷ US$215m (Based on the trailing twelve months to July 2024). The 'return' is the yearly profit. Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.01 in profit. Why Is ROE Important For Earnings Growth? We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. We now need to evaluate how much profit the company reinvests or "retains" for future gro
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HOFT
News
- The past year for Hooker Furnishings (NASDAQ:HOFT) investors has not been profitable [Yahoo! Finance]Yahoo! Finance
- Hooker Furnishings Co. (NASDAQ: HOFT) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Hooker Furnishings Co. (NASDAQ: HOFT) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Hooker Furnishings Co. (NASDAQ: HOFT) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Hooker Furnishings Co. (NASDAQ: HOFT) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
HOFT
Earnings
- 12/5/24 - Miss
HOFT
Sec Filings
- 2/13/25 - Form SCHEDULE
- 2/4/25 - Form 4
- 2/4/25 - Form 3
- HOFT's page on the SEC website