Nova Lifestyle Inc

Nova Lifestyle Inc Stock Forecast & Price Prediction

Live Nova Lifestyle Inc Stock (NVFY) Price
$1.35

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$1.35

P/E Ratio

-0.31

Volume Traded Today

$15,550

Dividend

Dividends not available for NVFY

52 Week High/low

6.38/1.25

Nova Lifestyle Inc Market Cap

$4.1M

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NVFY Summary

From what 0 stock analysts predict, the share price for Nova Lifestyle Inc (NVFY) might decrease by 100% in the next year. This is based on a 12-month average estimation for NVFY. Price targets go from $ to $. The majority of stock analysts believe NVFY is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

NVFY Analyst Ratings

About 0 Wall Street analysts have assigned NVFY 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Nova Lifestyle Inc to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on NVFY. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

NVFY stock forecast by analyst

These are the latest 20 analyst ratings of NVFY.

Analyst/Firm

Rating

Price Target

Change

Date

Data Not Found!

NVFY Company Information

  • Company Name: Nova LifeStyle, Inc.
  • Founded: 2003
  • Headquarters: Commerce, California
  • Business Model: Designs, manufactures, markets, and sells furniture for middle and upper middle-income consumers globally.
  • Product Range:
    • Upholstered, wood, and metal-based furniture
    • Living room, dining room, bedroom, and home office furniture
    • Products include sofas, chairs, dining tables, beds, entertainment consoles, cabinets, and cupboards
    • Physiotherapeutic jade mats for therapy clinics, hospitality, and real estate projects
  • Brand Distribution:
    • Products sold under Nova LifeStyle, Diamond Sofa, and Nova Living brands
    • Direct sales, internet sales, and online marketing campaigns
    • Participation in exhibitions and trade shows targeting furniture distributors and retailers
  • Former Name: Stevens Resources, Inc.
NVFY
Nova Lifestyle Inc (NVFY)

When did it IPO

N/A

Staff Count

27

Country

United States

Sector/Industry

Consumer Cyclical/Furnishings, Fixtures & Appliances

CEO

Ms. Thanh H. Lam

Market Cap

$4.1M

Nova Lifestyle Inc (NVFY) Financial Data

In 2023, NVFY generated $11.1M in revenue, which was a decrease of -13.00% from the previous year. This can be seen as a signal that NVFY's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$11.4M

Revenue From 2021

$12.6M

10.63 %
From Previous Year

Revenue From 2022

$12.7M

1.50 %
From Previous Year

Revenue From 2023

$11.1M

-13.00 %
From Previous Year
  • Revenue TTM $9.8M
  • Operating Margin TTM -18.5%
  • Gross profit TTM $4.2M
  • Return on assets TTM -55.2%
  • Return on equity TTM -326.6%
  • Profit Margin -81.4%
  • Book Value Per Share 0.02%
  • Market capitalisation $4.1M
  • Revenue for 2021 $12.6M
  • Revenue for 2022 $12.7M
  • Revenue for 2023 $11.1M
  • EPS this year (TTM) $-4.60

Nova Lifestyle Inc (NVFY) Latest News

News Image

Mon, 14 Aug 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - LOS ANGELES, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc.u00a0(NASDAQ: NVFY) (u201cNova LifeStyleu201d or the u201cCompanyu201d) today announced its financial results for the second quarter endedu00a0June 30, 2023.

News Image

Tue, 23 May 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - LOS ANGELES, May 23, 2023 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc.u00a0(NASDAQ: NVFY) (u201cNova LifeStyleu201d or the u201cCompanyu201d) today announced that it has completed a one-for-five reverse stock split (the u201cReverse Stock Splitu201d).

News Image

Mon, 15 May 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - LOS ANGELES, May 15, 2023 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc.u00a0(NASDAQ: NVFY) (u201cNova LifeStyleu201d or the u201cCompanyu201d) today announced financial results for the first quarter endedu00a0March 31, 2023.

News Image

Mon, 17 Apr 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - LOS ANGELES, April 17, 2023 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc.u00a0(NASDAQ: NVFY) (u201cNova LifeStyleu201d or the u201cCompanyu201d) today announced financial results for the fiscal year endedu00a0December 31, 2022.

News Image

Fri, 18 Nov 2022

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - LOS ANGELES, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc.u00a0(NASDAQ: NVFY) (u201cNova LifeStyleu201d or the u201cCompanyu201d) today announced its financial results for the third quarter endedu00a0September 30, 2022.

News Image

Fri, 12 Aug 2022

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - LOS ANGELES, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc.u00a0(NASDAQ: NVFY) (u201cNova LifeStyleu201d or the u201cCompanyu201d) today announced its financial results for the second quarter endedu00a0June 30, 2022.

...

NVFY Frequently asked questions

The highest forecasted price for NVFY is $ from at .

The lowest forecasted price for NVFY is $ from from

The NVFY analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.