Bassett Furniture Industries Stock Today

BSET Stock  USD 15.23  0.15  0.99%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 25

 
High
 
Low
Low
Bassett Furniture is selling for under 15.23 as of the 30th of November 2024; that is 0.99 percent up since the beginning of the trading day. The stock's last reported lowest price was 14.9. Bassett Furniture has about a 25 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Bassett Furniture Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Consumer Durables & Apparel
IPO Date
1st of January 1987
Category
Consumer Cyclical
Classification
Consumer Discretionary
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. The company has 8.8 M outstanding shares of which 50.05 K shares are currently shorted by private and institutional investors with about 3.95 trading days to cover. More on Bassett Furniture Industries

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Bassett Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO and President and DirectorRobert Spilman
Thematic IdeaFurniture (View all Themes)
Business ConcentrationHousehold Durables, Furnishings, Fixtures & Appliances, Consumer Discretionary, NASDAQ Composite, NASDAQ Composite Total, Furniture, Consumer Discretionary, Household Durables, Furnishings, Fixtures & Appliances, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.441.6394
Fairly Down
Pretty Stable
Gross Profit Margin0.630.6035
Sufficiently Up
Slightly volatile
Total Current Liabilities57.9 M89.6 M
Way Down
Slightly volatile
Non Current Liabilities Total131.7 M125.5 M
Sufficiently Up
Slightly volatile
Total Assets329.9 M426 M
Significantly Down
Slightly volatile
Total Current Assets122.7 M142.2 M
Fairly Down
Very volatile
Debt Levels
Bassett Furniture can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Bassett Furniture's financial leverage. It provides some insight into what part of Bassett Furniture's total assets is financed by creditors.
Liquidity
Bassett Furniture Industries currently holds 116.18 M in liabilities with Debt to Equity (D/E) ratio of 0.54, which is about average as compared to similar companies. Bassett Furniture has a current ratio of 1.9, which is within standard range for the sector. Note, when we think about Bassett Furniture's use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

10.45 Million
Bassett Furniture Industries (BSET) is traded on NASDAQ Exchange in USA. It is located in 3525 Fairystone Park Highway, Bassett, VA, United States, 24055 and employs 1,389 people. Bassett Furniture is listed under Household Durables category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 134.04 M. Bassett Furniture conducts business under Household Durables sector and is part of Consumer Discretionary industry. The entity has 8.8 M outstanding shares of which 50.05 K shares are currently shorted by private and institutional investors with about 3.95 trading days to cover. Bassett Furniture Industries currently holds about 84.58 M in cash with 18.72 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.24.
Check Bassett Furniture Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Bassett Furniture is $134.04 Million. 30% of Bassett Furniture Industries outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Bassett Ownership Details

Bassett Stock Institutional Holders

InstituionRecorded OnShares
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
View Bassett Furniture Diagnostics

Bassett Furniture Historical Income Statement

At this time, Bassett Furniture's Cost Of Revenue is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 78.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 130.1 M in 2024. View More Fundamentals

Bassett Stock Against Markets

Bassett Furniture Corporate Management

Mark JordanSr. VP of UpholsteryProfile
Bruce CohenourSr. VP of Sales and MerchandisingProfile
Jay EsqSecretary VPProfile
Brian ClaspellSenior OfficerProfile
Edward WhiteVice ResourcesProfile

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.