Stanley Furniture Co. (NASDAQ:STLY) was downgraded by analysts at TheStreet from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Monday.
Separately, Zacks Investment Research cut shares of Stanley Furniture from a “hold” rating to a “strong sell” rating in a research note on Friday, July 29th.
Stanley Furniture (NASDAQ:STLY) opened at 1.74 on Monday. The company has a 50-day moving average of $2.07 and a 200-day moving average of $2.50. Stanley Furniture has a 1-year low of $1.66 and a 1-year high of $3.65. The company’s market capitalization is $25.63 million.
Stanley Furniture (NASDAQ:STLY) last issued its quarterly earnings data on Monday, July 25th. The company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by $0.09. Stanley Furniture had a negative return on equity of 3.01% and a negative net margin of 2.91%. The business earned $12.05 million during the quarter. During the same period in the prior year, the firm earned $0.09 earnings per share. The firm’s quarterly revenue was down 20.4% on a year-over-year basis. Equities analysts expect that Stanley Furniture will post ($0.26) EPS for the current fiscal year.
Large investors have recently made changes to their positions in the stock. Bridgeway Capital Management Inc. raised its stake in shares of Stanley Furniture by 4.4% in the second quarter. Bridgeway Capital Management Inc. now owns 176,883 shares of the company’s stock worth $433,000 after buying an additional 7,500 shares during the last quarter. Weber Alan W raised its stake in shares of Stanley Furniture by 0.9% in the second quarter. Weber Alan W now owns 55,500 shares of the company’s stock worth $136,000 after buying an additional 500 shares during the last quarter. Ancora Advisors LLC raised its stake in shares of Stanley Furniture by 13.1% in the second quarter. Ancora Advisors LLC now owns 387,361 shares of the company’s stock worth $949,000 after buying an additional 45,000 shares during the last quarter. Finally, Renaissance Technologies LLC raised its stake in shares of Stanley Furniture by 55.0% in the first quarter. Renaissance Technologies LLC now owns 137,200 shares of the company’s stock worth $364,000 after buying an additional 48,700 shares during the last quarter. Institutional investors own 33.35% of the company’s stock.
Stanley Furniture Company Profile
Stanley Furniture Company, Inc is a design, marketing and sourcing resource in the wood residential furniture market. The Company’s segment is sale of residential wood furniture products. The Company markets its brands through a network of brick-and-mortar furniture retailers, online retailers and interior designers around the world.
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