Sidoti Csr Issues Negative Forecast for BSET Earnings

Bassett Furniture Industries, Incorporated (NASDAQ:BSET - Free Report) - Research analysts at Sidoti Csr reduced their Q4 2025 earnings per share (EPS) estimates for Bassett Furniture Industries in a report released on Friday, July 11th. Sidoti Csr analyst A. Lebiedzinski now forecasts that the company will earn $0.30 per share for the quarter, down from their previous estimate of $0.33. The consensus estimate for Bassett Furniture Industries' current full-year earnings is $0.75 per share. Sidoti Csr also issued estimates for Bassett Furniture Industries' Q1 2026 earnings at $0.17 EPS, Q2 2026 earnings at $0.39 EPS, Q3 2026 earnings at $0.26 EPS and Q4 2026 earnings at $0.53 EPS.

Separately, Wall Street Zen raised Bassett Furniture Industries from a "buy" rating to a "strong-buy" rating in a research report on Saturday.

Bassett Furniture Industries Trading Down 0.4%

NASDAQ:BSET traded down $0.08 on Monday, hitting $18.63. The company's stock had a trading volume of 61,874 shares, compared to its average volume of 24,113. The stock has a fifty day moving average of $16.45 and a two-hundred day moving average of $15.76. The firm has a market capitalization of $161.89 million, a P/E ratio of 64.24, a price-to-earnings-growth ratio of 1.50 and a beta of 1.19. Bassett Furniture Industries has a one year low of $12.11 and a one year high of $19.75.

Bassett Furniture Industries (NASDAQ:BSET - Get Free Report) last released its quarterly earnings data on Wednesday, July 9th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.07. The firm had revenue of $84,348 billion for the quarter, compared to analyst estimates of $82.03 million. Bassett Furniture Industries had a return on equity of 1.48% and a net margin of 0.76%. During the same quarter in the prior year, the company earned ($0.19) earnings per share.

Hedge Funds Weigh In On Bassett Furniture Industries

A number of large investors have recently made changes to their positions in the company. Gamco Investors INC. ET AL lifted its position in shares of Bassett Furniture Industries by 0.4% during the 1st quarter. Gamco Investors INC. ET AL now owns 571,777 shares of the company's stock worth $8,720,000 after buying an additional 2,200 shares during the last quarter. Truffle Hound Capital LLC grew its position in Bassett Furniture Industries by 49.3% in the first quarter. Truffle Hound Capital LLC now owns 298,520 shares of the company's stock valued at $4,552,000 after acquiring an additional 98,520 shares during the last quarter. Gate City Capital Management LLC grew its position in Bassett Furniture Industries by 59.7% in the fourth quarter. Gate City Capital Management LLC now owns 147,527 shares of the company's stock valued at $2,040,000 after acquiring an additional 55,130 shares during the last quarter. Bank of New York Mellon Corp grew its position in Bassett Furniture Industries by 192.9% in the first quarter. Bank of New York Mellon Corp now owns 71,138 shares of the company's stock valued at $1,085,000 after acquiring an additional 46,847 shares during the last quarter. Finally, Aristides Capital LLC grew its position in Bassett Furniture Industries by 16.0% in the fourth quarter. Aristides Capital LLC now owns 43,111 shares of the company's stock valued at $596,000 after acquiring an additional 5,935 shares during the last quarter. Institutional investors own 54.40% of the company's stock.

Bassett Furniture Industries Company Profile

Bassett Furniture Industries, Incorporated, together with its subsidiaries, manufactures, markets, and retails home furnishings in the United States and internationally. It operates in three segments: Wholesale, Retail Company-Owned Stores, and Corporate and Other. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products, including dining, bedroom and bedding, home decorations, rugs, and outdoor furniture to a network of company-owned retail stores, licensee-owned stores, and independent retailers.