Bassett Furniture Industries (NASDAQ:BSET – Get Free Report) was upgraded by stock analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Friday.
Bassett Furniture Industries Price Performance
NASDAQ:BSET opened at $14.56 on Friday. Bassett Furniture Industries has a 1 year low of $12.10 and a 1 year high of $16.00. The business has a fifty day simple moving average of $14.23 and a two-hundred day simple moving average of $14.03. The company has a market capitalization of $128.13 million, a P/E ratio of -13.24, a P/E/G ratio of 1.11 and a beta of 1.69.
Bassett Furniture Industries (NASDAQ:BSET – Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.33. Bassett Furniture Industries had a negative return on equity of 2.42% and a negative net margin of 2.94%. As a group, analysts anticipate that Bassett Furniture Industries will post 0.8 earnings per share for the current year.
Hedge Funds Weigh In On Bassett Furniture Industries
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.
Featured Stories
- Five stocks we like better than Bassett Furniture Industries
- What is the Nikkei 225 index?
- ServiceNow Stock Slips, But AI Expansion Signals Long-Term Gains
- What Does Downgrade Mean in Investing?
- Microsoft and Meta’s AI Investment Plans Are Full Steam Ahead
- 3 Monster Growth Stocks to Buy Now
- Beyond Self-Driving Cars: Factory Automation Takes Center Stage
Receive News & Ratings for Bassett Furniture Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bassett Furniture Industries and related companies with MarketBeat.com's FREE daily email newsletter.