Bassett Furniture Industries Stock Analysis

BSET Stock  USD 15.08  0.02  0.13%   
Bassett Furniture Industries is undervalued with Real Value of 17.45 and Target Price of 25.0. The main objective of Bassett Furniture stock analysis is to determine its intrinsic value, which is an estimate of what Bassett Furniture Industries is worth, separate from its market price. There are two main types of Bassett Furniture's stock analysis: fundamental analysis and technical analysis.
The Bassett Furniture stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Bassett Furniture is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Bassett Stock trading window is adjusted to America/New York timezone.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bassett Furniture Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Bassett Stock Analysis Notes

About 50.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.81. Some equities with similar Price to Book (P/B) outperform the market in the long run. Bassett Furniture has Price/Earnings To Growth (PEG) ratio of 1.19. The entity recorded a loss per share of 1.95. The firm last dividend was issued on the 15th of November 2024. Bassett Furniture had 5:4 split on the 27th of May 1993. Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. Bassett Furniture Industries, Incorporated was incorporated in 1902 and is based in Bassett, Virginia. Bassett Furniture operates under Furnishings, Fixtures Appliances classification in the United States and is traded on NASDAQ Exchange. It employs 2219 people. For more info on Bassett Furniture Industries please contact Robert Spilman at 276 629 6000 or go to https://www.bassettfurniture.com.

Bassett Furniture Quarterly Total Revenue

75.62 Million

Bassett Furniture Investment Alerts

The company reported the previous year's revenue of 390.14 M. Net Loss for the year was (3.17 M) with profit before overhead, payroll, taxes, and interest of 248.34 M.
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Bassett Furniture Upcoming and Recent Events

4th of April 2024
Upcoming Quarterly Report
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4th of July 2024
Next Financial Report
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29th of February 2024
Next Fiscal Quarter End
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23rd of January 2025
Next Fiscal Year End
View
30th of November 2023
Last Quarter Report
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30th of November 2023
Last Financial Announcement
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Bassett Largest EPS Surprises

Earnings surprises can significantly impact Bassett Furniture's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2014-04-03
2014-02-280.090.08-0.0111 
2003-03-25
2003-02-280.060.080.0233 
2019-10-03
2019-08-310.180.210.0316 
View All Earnings Estimates

Bassett Furniture Environmental, Social, and Governance (ESG) Scores

Bassett Furniture's ESG score is a quantitative measure that evaluates Bassett Furniture's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Bassett Furniture's operations that may have significant financial implications and affect Bassett Furniture's stock price as well as guide investors towards more socially responsible investments.

Bassett Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Geode Capital Management, Llc2024-09-30
85.6 K
Bank Of New York Mellon Corp2024-06-30
76.6 K
Bridgeway Capital Management, Llc2024-09-30
66.8 K
American Century Companies Inc2024-09-30
62 K
Beacon Investment Advisors Llc2024-09-30
43.2 K
Susquehanna International Group, Llp2024-06-30
38.6 K
Aristides Capital Llc2024-09-30
37.2 K
Morgan Stanley - Brokerage Accounts2024-06-30
32.5 K
State Street Corp2024-06-30
30.6 K
Dimensional Fund Advisors, Inc.2024-09-30
699.3 K
Gamco Investors, Inc. Et Al2024-09-30
570.5 K
Note, although Bassett Furniture's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Bassett Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 132.9 M.

Bassett Profitablity

The company has Profit Margin (PM) of (0.05) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.07) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.07.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.01)(0.01)
Return On Capital Employed 0.07  0.04 
Return On Assets(0.01)(0.01)
Return On Equity(0.01)(0.01)

Management Efficiency

Bassett Furniture has return on total asset (ROA) of (0.0177) % which means that it has lost $0.0177 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0961) %, meaning that it created substantial loss on money invested by shareholders. Bassett Furniture's management efficiency ratios could be used to measure how well Bassett Furniture manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.0073 in 2024. Return On Capital Employed is likely to drop to 0.04 in 2024. Non Current Liabilities Total is likely to gain to about 131.7 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 57.9 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 17.37  19.11 
Tangible Book Value Per Share 14.83  19.83 
Enterprise Value Over EBITDA 10.54  11.06 
Price Book Value Ratio 0.88  1.18 
Enterprise Value Multiple 10.54  11.06 
Price Fair Value 0.88  1.18 
Enterprise Value136.9 M226.9 M
Bassett Furniture Industries benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Dividend Yield
0.053
Operating Margin
(0.07)
Profit Margin
(0.05)
Forward Dividend Yield
0.053
Beta
1.658

Technical Drivers

As of the 28th of November, Bassett Furniture shows the Downside Deviation of 1.88, mean deviation of 1.49, and Risk Adjusted Performance of 0.103. Bassett Furniture technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Bassett Furniture Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Bassett Furniture middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Bassett Furniture. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Bassett Furniture Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Bassett Furniture insiders, such as employees or executives, is commonly permitted as long as it does not rely on Bassett Furniture's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Bassett Furniture insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Bassett Furniture Outstanding Bonds

Bassett Furniture issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Bassett Furniture uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Bassett bonds can be classified according to their maturity, which is the date when Bassett Furniture Industries has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Bassett Furniture Predictive Daily Indicators

Bassett Furniture intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Bassett Furniture stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Bassett Furniture Corporate Filings

F4
22nd of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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8K
20th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
10th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
14th of August 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
13th of August 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
8th of August 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
6th of August 2024
An amendment to a previously filed Form 8-K
ViewVerify
8K
15th of July 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Bassett Furniture Forecast Models

Bassett Furniture's time-series forecasting models are one of many Bassett Furniture's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Bassett Furniture's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Bassett Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Bassett Furniture prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Bassett shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Bassett Furniture. By using and applying Bassett Stock analysis, traders can create a robust methodology for identifying Bassett entry and exit points for their positions.
Last ReportedProjected for Next Year
Operating Profit Margin 0.03  0.02 
Gross Profit Margin 0.60  0.63 

Current Bassett Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Bassett analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Bassett analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
25.0Strong Sell0Odds
Bassett Furniture Industries current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Bassett analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Bassett stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Bassett Furniture, talking to its executives and customers, or listening to Bassett conference calls.
Bassett Analyst Advice Details

Bassett Stock Analysis Indicators

Bassett Furniture Industries stock analysis indicators help investors evaluate how Bassett Furniture stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Bassett Furniture shares will generate the highest return on investment. By understating and applying Bassett Furniture stock analysis, traders can identify Bassett Furniture position entry and exit signals to maximize returns.
Begin Period Cash Flow61.6 M
Common Stock Shares Outstanding8.8 M
Total Stockholder Equity183.4 M
Tax Provision683 K
Quarterly Earnings Growth Y O Y-0.952
Property Plant And Equipment Net184.9 M
Cash And Short Term Investments70.2 M
Cash52.4 M
Accounts Payable16.3 M
Net Debt63.8 M
50 Day M A14.51
Total Current Liabilities77.9 M
Other Operating Expenses388.9 M
Non Current Assets Total212.5 M
Forward Price Earnings19.084
Non Currrent Assets Other6.9 M
Stock Based Compensation849 K

Additional Tools for Bassett Stock Analysis

When running Bassett Furniture's price analysis, check to measure Bassett Furniture's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bassett Furniture is operating at the current time. Most of Bassett Furniture's value examination focuses on studying past and present price action to predict the probability of Bassett Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bassett Furniture's price. Additionally, you may evaluate how the addition of Bassett Furniture to your portfolios can decrease your overall portfolio volatility.