Nova LifeStyle (NVFY) Stock Price, News & Analysis

Company Overview

Nova LifeStyle, Inc., through its subsidiaries, designs, manufactures, markets, and sells residential and commercial furniture for middle and upper middle-income consumers worldwide. The company offers upholstered, wood, and metal-based furniture pieces for the living, dining, and bedrooms, as well as home offices. Its products include sofas, chairs, dining tables, beds, entertainment consoles, cabinets, and cupboards. The company also provides physiotherapeutic jade mats for use in therapy clinic, hospitality, and real estate projects. It distributes its products under the Nova LifeStyle, Diamond Sofa, and Nova Living brand directly, as well as through internet sales and online marketing campaigns, and participation in exhibitions and trade shows primarily to furniture distributors and retailers. The company was formerly known as Stevens Resources, Inc. Nova LifeStyle, Inc. was founded in 2003 and is headquartered in Commerce, California.

Key Stats

• Today's Range: $1.02 to $1.16
• 50-Day Range: $1.14 to $1.56
• 52-Week Range: $1.02 to $6.38
• Volume: 30,972 shs
• Average Volume: 532,884 shs
• Market Capitalization: $3.39 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Nova LifeStyle Stock Analysis - MarketRank™

Nova LifeStyle scored higher than 10% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Nova LifeStyle.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Nova LifeStyle is -0.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Nova LifeStyle is -0.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Nova LifeStyle has a P/B Ratio of 4.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.85% of the float of Nova LifeStyle has been sold short.

Short Interest Ratio / Days to Cover

Nova LifeStyle has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nova LifeStyle has recently increased by 56.34%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Nova LifeStyle does not currently pay a dividend.

Dividend Growth

Nova LifeStyle does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.85% of the float of Nova LifeStyle has been sold short.

Short Interest Ratio / Days to Cover

Nova LifeStyle has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nova LifeStyle has recently increased by 56.34%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.17

News Sentiment

Nova LifeStyle has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Nova LifeStyle this week, compared to 1 article on an average week.

Search Interest

1 people have searched for NVFY on MarketBeat in the last 30 days.

MarketBeat Follows

2 people have added Nova LifeStyle to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Nova LifeStyle insiders have not sold or bought any company stock.

Percentage Held by Insiders

18.20% of the stock of Nova LifeStyle is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 27.21% of the stock of Nova LifeStyle is held by institutions.

NVFY Stock Analysis - Frequently Asked Questions

How have NVFY shares performed this year?

Nova LifeStyle's stock was trading at $3.77 on January 1st, 2024. Since then, NVFY shares have decreased by 70.8% and is now trading at $1.10.
View the best growth stocks for 2024 here.

How were Nova LifeStyle's earnings last quarter?

Nova LifeStyle, Inc. (NASDAQ:NVFY) issued its quarterly earnings data on Wednesday, August, 14th. The company reported ($0.22) earnings per share (EPS) for the quarter. The company earned $2.69 million during the quarter. Nova LifeStyle had a negative trailing twelve-month return on equity of 718.36% and a negative net margin of 81.41%.

When did Nova LifeStyle's stock split?

Nova LifeStyle shares reverse split on the morning of Wednesday, May 24th 2023. The 1-5 reverse split was announced on Wednesday, May 24th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, May 24th 2023. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

How do I buy shares of Nova LifeStyle?

Shares of NVFY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Nova LifeStyle own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nova LifeStyle investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Adobe (ADBE), Arista Networks (ANET), CymaBay Therapeutics (CBAY) and CrowdStrike (CRWD).

Company Calendar

• Last Earnings: 8/14/2024
• Today: 10/31/2024
• Next Earnings (Estimated): 11/12/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Household furniture
• Sub-Industry: Consumer Goods
• Current Symbol: NASDAQ:NVFY
• CUSIP: N/A
• CIK: 1473334
• Web: www.novalifestyle.com
• Phone: (323) 888-9999
• Fax: 323-888-9908
• Employees: 30
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($4.61)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-7,720,000.00
• Net Margins: -81.41%
• Pretax Margin: -73.93%
• Return on Equity: -718.36%
• Return on Assets: -119.51%

Debt

• Debt-to-Equity Ratio: 3.02
• Current Ratio: 0.92
• Quick Ratio: 0.39

Sales & Book Value

• Annual Sales: $11.09 million
• Price / Sales: 0.30
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.26 per share
• Price / Book: 4.19

Miscellaneous

• Outstanding Shares: 3,080,000
• Free Float: 2,524,000
• Market Cap: $3.36 million
• Optionable: Not Optionable
• Beta: 1.21