At the time of writing, Bassett Furniture Industries Inc [BSET] stock is trading at $18.70, down -0.53%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BSET shares have gain 18.73% over the last week, with a monthly amount glided 16.80%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Bassett Furniture Industries Inc [NASDAQ: BSET] stock has seen the most recent analyst activity on September 07, 2023, when Noble Capital Markets downgraded its rating to a Market Perform. Previously, Stifel reaffirmed its Hold rating on June 30, 2017, and elevated its price target to $36. On April 06, 2016, Stifel initiated with a Hold rating. Sidoti downgraded its rating to a Neutral. Sidoti upgraded its rating to a Buy. Wm Smith reiterated a Not Rated rating for this stock on January 27, 2015, and upped its price target to $25. In a note dated September 12, 2014, Wm Smith initiated an Not Rated rating and provided a target price of $20 on this stock.
For the past year, the stock price of Bassett Furniture Industries Inc fluctuated between $12.10 and $18.89. Bassett Furniture Industries Inc [NASDAQ: BSET] shares were valued at $18.70 at the most recent close of the market.
Analyzing the BSET fundamentals
According to Bassett Furniture Industries Inc [NASDAQ:BSET], the company’s sales were 325.53M for trailing twelve months, which represents an -5.07% plunge. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.04 and Total Capital is -0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.61.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.14 points at the first support level, and at 17.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.47, and for the 2nd resistance point, it is at 20.23.
Ratios To Look Out For
It is important to note that Bassett Furniture Industries Inc [NASDAQ:BSET] has a current ratio of 1.94. In addition, the Quick Ratio stands at 1.15 and the Cash Ratio stands at 0.49. Considering the valuation of this stock, the price to sales ratio is 0.50, the price to book ratio is 0.97.
Transactions by insiders
Recent insider trading involved SPILMAN ROBERT H JR, Chairman & CEO, that happened on Aug 13 ’24 when 977.0 shares were purchased. Chairman & CEO, SPILMAN ROBERT H JR completed a deal on Aug 14 ’24 to buy 723.0 shares. Meanwhile, Director BELK JOHN R bought 3847.0 shares on Aug 12 ’24.
