NASDAQ:BSET - Bassett Furniture Industries Stock Price, Price Target & More

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$26.15 -0.15 (-0.57 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$26.15
Today's Range$26.00 - $26.35
52-Week Range$26.00 - $41.30
Volume21,484 shs
Average Volume40,273 shs
Market Capitalization$282.36 million
P/E Ratio16.55
Dividend Yield1.67%
Beta0.97
Bassett Furniture Industries logoBassett Furniture Industries, Incorporated manufactures, markets, and retails home furnishings in the United States. The company operates in three segments: Wholesale, Retail, and Logistical Services. It is involved in the design, manufacture, sourcing, sale, and distribution of furniture products to a network of company-owned and licensee-owned Bassett Home Furnishings (BHF) retail stores, as well as independent furniture retailers; and wood and upholstery operations. As of November 25, 2017, the company operated a network of 60 company-owned stores and 30 licensee-owned stores. It also provides shipping, delivery, and warehousing services to customers in the furniture industry. In addition, the company owns and leases retail store properties. It also distributes its products through other multi-line furniture stores, Bassett galleries or design centers, specialty stores, and mass merchants. Bassett Furniture Industries was founded in 1902 and is based in Bassett, Virginia.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Wood household furniture
Sub-IndustryHome Furnishings
SectorConsumer Discretionary
SymbolNASDAQ:BSET
CUSIP07020310
Phone276-629-6000

Debt

Debt-to-Equity RatioN/A
Current Ratio1.99
Quick Ratio1.10

Price-To-Earnings

Trailing P/E Ratio16.55
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$452.50 million
Price / Sales0.62
Cash Flow$2.8058 per share
Price / Cash9.32
Book Value$17.89 per share
Price / Book1.46

Profitability

EPS (Most Recent Fiscal Year)$1.58
Net Income$18.25 million
Net Margins2.82%
Return on Equity7.93%
Return on Assets5.31%

Miscellaneous

Employees2,618
Outstanding Shares10,740,000
Market Cap$282.36

Bassett Furniture Industries (NASDAQ:BSET) Frequently Asked Questions

What is Bassett Furniture Industries' stock symbol?

Bassett Furniture Industries trades on the NASDAQ under the ticker symbol "BSET."

How often does Bassett Furniture Industries pay dividends? What is the dividend yield for Bassett Furniture Industries?

Bassett Furniture Industries announced a quarterly dividend on Thursday, July 12th. Stockholders of record on Friday, August 10th will be paid a dividend of $0.125 per share on Friday, August 24th. This represents a $0.50 annualized dividend and a dividend yield of 1.91%. The ex-dividend date is Thursday, August 9th. This is a positive change from Bassett Furniture Industries's previous quarterly dividend of $0.11. View Bassett Furniture Industries' Dividend History.

How were Bassett Furniture Industries' earnings last quarter?

Bassett Furniture Industries Inc. (NASDAQ:BSET) announced its quarterly earnings data on Thursday, June, 28th. The company reported $0.40 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.40. The business had revenue of $116 million for the quarter, compared to analyst estimates of $112.86 million. Bassett Furniture Industries had a return on equity of 7.93% and a net margin of 2.82%. During the same period in the prior year, the company earned $0.54 earnings per share. View Bassett Furniture Industries' Earnings History.

What price target have analysts set for BSET?

2 brokers have issued 12-month price targets for Bassett Furniture Industries' shares. Their predictions range from $33.00 to $33.00. On average, they anticipate Bassett Furniture Industries' stock price to reach $33.00 in the next year. This suggests a possible upside of 26.2% from the stock's current price. View Analyst Ratings for Bassett Furniture Industries.

What is the consensus analysts' recommendation for Bassett Furniture Industries?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bassett Furniture Industries in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Bassett Furniture Industries' key competitors?

Who are Bassett Furniture Industries' key executives?

Bassett Furniture Industries' management team includes the folowing people:
  • Mr. Robert H. Spilman Jr., Pres, CEO & Chairman (Age 62)
  • Mr. J. Michael Daniel, CFO, Chief Accounting Officer & Sr. VP (Age 56)
  • Mr. Bruce R. Cohenour, Sr. VP of Sales & Merchandising (Age 60)
  • Mr. John E. Bassett III, Sr. VP of Wood (Age 59)
  • Mr. Mark S. Jordan, Sr. VP of Upholstery (Age 64)

Has Bassett Furniture Industries been receiving favorable news coverage?

Press coverage about BSET stock has trended somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Bassett Furniture Industries earned a news sentiment score of 0.07 on Accern's scale. They also assigned media coverage about the company an impact score of 45.33 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

How do I buy shares of Bassett Furniture Industries?

Shares of BSET can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Bassett Furniture Industries' stock price today?

One share of BSET stock can currently be purchased for approximately $26.15.

How big of a company is Bassett Furniture Industries?

Bassett Furniture Industries has a market capitalization of $282.36 million and generates $452.50 million in revenue each year. The company earns $18.25 million in net income (profit) each year or $1.58 on an earnings per share basis. Bassett Furniture Industries employs 2,618 workers across the globe.

How can I contact Bassett Furniture Industries?

Bassett Furniture Industries' mailing address is 3525 FAIRYSTONE PARK HIGHWAY, BASSETT VA, 24055. The company can be reached via phone at 276-629-6000 or via email at [email protected]


MarketBeat Community Rating for Bassett Furniture Industries (NASDAQ BSET)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  105 (Vote Outperform)
Underperform Votes:  148 (Vote Underperform)
Total Votes:  253
MarketBeat's community ratings are surveys of what our community members think about Bassett Furniture Industries and other stocks. Vote "Outperform" if you believe BSET will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BSET will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/21/2018 by MarketBeat.com Staff

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