Is Bassett Furniture Stock a Good Investment?
Bassett Furniture Investment Advice | BSET |
- Examine Bassett Furniture's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Bassett Furniture's leadership team and their track record. Good management can help Bassett Furniture navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Household Durables space and any emerging trends that could impact Bassett Furniture's business and its evolving consumer preferences.
- Compare Bassett Furniture's performance and market position to its competitors. Analyze how Bassett Furniture is positioned in terms of product offerings, innovation, and market share.
- Check if Bassett Furniture pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Bassett Furniture's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Bassett Furniture Industries stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Bassett Furniture Industries is a good investment.
Sell | Buy |
Buy
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Bassett Furniture Stock
Researching Bassett Furniture's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). 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.
To determine if Bassett Furniture is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Bassett Furniture's research are outlined below:
| 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. | |
| Latest headline from finance.yahoo.com: Joanna Gaines debuts a MasterClass, Trumps tariff plan takes shape and more |
Bassett Furniture Quarterly Cost Of Revenue |
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Bassett Furniture uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Bassett Furniture Industries. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Bassett Furniture's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 4th of July 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 23rd of January 2025 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 30th of November 2023 Last Financial Announcement | View |
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. Below are the table of largest EPS Surprises Bassett Furniture's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2014-04-03 | 2014-02-28 | 0.09 | 0.08 | -0.01 | 11 | ||
2003-03-25 | 2003-02-28 | 0.06 | 0.08 | 0.02 | 33 | ||
2019-10-03 | 2019-08-31 | 0.18 | 0.21 | 0.03 | 16 | ||
2014-01-22 | 2013-11-30 | 0.12 | 0.15 | 0.03 | 25 | ||
2004-06-24 | 2004-05-31 | 0.13 | 0.16 | 0.03 | 23 | ||
2003-06-25 | 2003-05-31 | 0.07 | 0.1 | 0.03 | 42 | ||
2006-03-23 | 2006-02-28 | 0.23 | 0.19 | -0.04 | 17 | ||
2005-03-24 | 2005-02-28 | 0.16 | 0.2 | 0.04 | 25 |
Know Bassett Furniture's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Bassett Furniture is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bassett Furniture Industries backward and forwards among themselves. Bassett Furniture's institutional investor refers to the entity that pools money to purchase Bassett Furniture's securities or originate loans. 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, Llc | 2024-09-30 | 85.6 K | Bank Of New York Mellon Corp | 2024-06-30 | 76.6 K | Bridgeway Capital Management, Llc | 2024-09-30 | 66.8 K | American Century Companies Inc | 2024-09-30 | 62 K | Beacon Investment Advisors Llc | 2024-09-30 | 43.2 K | Susquehanna International Group, Llp | 2024-06-30 | 38.6 K | Aristides Capital Llc | 2024-09-30 | 37.2 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 32.5 K | State Street Corp | 2024-06-30 | 30.6 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 699.3 K | Gamco Investors, Inc. Et Al | 2024-09-30 | 570.5 K |
Bassett Furniture's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 132.9 M.Market Cap |
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Bassett Furniture's profitablity analysis
| Last Reported | Projected 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) |
Determining Bassett Furniture's profitability involves analyzing its financial statements and using various financial metrics to determine if Bassett Furniture is a good buy. For example, gross profit margin measures Bassett Furniture's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Bassett Furniture's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Bassett Furniture's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Bassett Furniture Industries. Check Bassett Furniture's Beneish M Score to see the likelihood of Bassett Furniture's management manipulating its earnings.
Evaluate Bassett Furniture's 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 Reported | Projected 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 Value | 136.9 M | 226.9 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 | Forward Dividend Yield 0.053 | Forward Dividend Rate 0.8 | Beta 1.658 |
Basic technical analysis of Bassett Stock
As of the 28th of November, Bassett Furniture shows the Downside Deviation of 1.88, risk adjusted performance of 0.103, and Mean Deviation of 1.49. 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's 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's Outstanding Corporate 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.
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| MPLX LP 52 Corp BondUS55336VAL45 | View |
Understand Bassett Furniture's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Bassett Furniture's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.103 | |||
| Market Risk Adjusted Performance | 0.5145 | |||
| Mean Deviation | 1.49 | |||
| Semi Deviation | 1.53 | |||
| Downside Deviation | 1.88 | |||
| Coefficient Of Variation | 787.66 | |||
| Standard Deviation | 1.89 | |||
| Variance | 3.58 | |||
| Information Ratio | 0.058 | |||
| Jensen Alpha | 0.1752 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0583 | |||
| Treynor Ratio | 0.5045 | |||
| Maximum Drawdown | 9.61 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 3.24 | |||
| Downside Variance | 3.53 | |||
| Semi Variance | 2.33 | |||
| Expected Short fall | (1.76) | |||
| Skewness | (0.14) | |||
| Kurtosis | 0.1828 |
| Risk Adjusted Performance | 0.103 | |||
| Market Risk Adjusted Performance | 0.5145 | |||
| Mean Deviation | 1.49 | |||
| Semi Deviation | 1.53 | |||
| Downside Deviation | 1.88 | |||
| Coefficient Of Variation | 787.66 | |||
| Standard Deviation | 1.89 | |||
| Variance | 3.58 | |||
| Information Ratio | 0.058 | |||
| Jensen Alpha | 0.1752 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0583 | |||
| Treynor Ratio | 0.5045 | |||
| Maximum Drawdown | 9.61 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 3.24 | |||
| Downside Variance | 3.53 | |||
| Semi Variance | 2.33 | |||
| Expected Short fall | (1.76) | |||
| Skewness | (0.14) | |||
| Kurtosis | 0.1828 |
Consider Bassett Furniture's intraday 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 | ViewVerify |
8K | 20th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 6th of August 2024 An amendment to a previously filed Form 8-K | ViewVerify |
10Q | 11th of July 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Bassett Stock media impact
Far too much social signal, news, headlines, and media speculation about Bassett Furniture that are available to investors today. That information is available publicly through Bassett media outlets and privately through word of mouth or via Bassett internal channels. However, regardless of the origin, that massive amount of Bassett data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Bassett Furniture news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Bassett Furniture relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Bassett Furniture's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Bassett Furniture alpha.
Bassett Furniture Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Bassett Furniture can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Bassett Furniture Corporate Management
| Mark Jordan | Sr. VP of Upholstery | Profile | |
| Bruce Cohenour | Sr. VP of Sales and Merchandising | Profile | |
| Jay Esq | Secretary VP | Profile | |
| Brian Claspell | Senior Officer | Profile | |
| Edward White | Vice Resources | Profile |
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.