Bassett Furniture Industries, Incorporated (BSET) Analysts See $0.39 EPS

September 16, 2018 - By Rene Reddy

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) LogoInvestors sentiment increased to 2.12 in 2018 Q2. Its up 1.12, from 1 in 2018Q1. It improved, as 7 investors sold Bassett Furniture Industries, Incorporated shares while 19 reduced holdings. 20 funds opened positions while 35 raised stakes. 7.58 million shares or 6.21% less from 8.08 million shares in 2018Q1 were reported.
310 are owned by Benjamin F Edwards & Inc. The New York-based Goldman Sachs Grp Inc Inc has invested 0% in Bassett Furniture Industries, Incorporated (NASDAQ:BSET). Tiaa Cref Inv Mgmt Llc owns 31,547 shares. Millennium Mgmt Ltd Llc accumulated 77,851 shares. Moreover, Mackay Shields Limited Liability Co has 0% invested in Bassett Furniture Industries, Incorporated (NASDAQ:BSET) for 7,398 shares. Matarin Cap Management Limited Liability stated it has 10,407 shares or 0% of all its holdings. Macquarie Gru Ltd accumulated 10,964 shares or 0% of the stock. Oppenheimer & Inc owns 25,950 shares. Moreover, California State Teachers Retirement System has 0% invested in Bassett Furniture Industries, Incorporated (NASDAQ:BSET) for 15,634 shares. Victory Capital Management holds 0% or 19,878 shares. Employees Retirement Sys Of Ohio holds 0% or 2,873 shares. 125,786 are owned by Northern Tru. Thomson Horstmann Bryant Incorporated reported 1.23% of its portfolio in Bassett Furniture Industries, Incorporated (NASDAQ:BSET). Bnp Paribas Arbitrage holds 0% or 656 shares. Tower Rech Limited Liability Corp (Trc) owns 16,178 shares for 0.02% of their portfolio.

Since April 3, 2018, it had 0 buys, and 2 sales for $146,452 activity. Shares for $44,250 were sold by BASSETT JOHN E III.

Analysts expect Bassett Furniture Industries, Incorporated (NASDAQ:BSET) to report $0.39 EPS on September, 27.They anticipate $0.04 EPS change or 9.30 % from last quarter’s $0.43 EPS. BSET’s profit would be $4.19M giving it 14.29 P/E if the $0.39 EPS is correct. After having $0.40 EPS previously, Bassett Furniture Industries, Incorporated’s analysts see -2.50 % EPS growth. The stock increased 4.94% or $1.05 during the last trading session, reaching $22.3. About 26,074 shares traded. Bassett Furniture Industries, Incorporated (NASDAQ:BSET) has declined 41.58% since September 16, 2017 and is downtrending. It has underperformed by 57.20% the S&P500.

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) Ratings Coverage

Among 2 analysts covering Bassett Furniture Industries (NASDAQ:BSET), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Bassett Furniture Industries had 2 analyst reports since March 28, 2018 according to SRatingsIntel. On Wednesday, March 28 the stock rating was maintained by Stifel Nicolaus with “Hold”. On Thursday, May 10 the stock rating was upgraded by Sidoti to “Buy”.

Bassett Furniture Industries, Incorporated makes, markets, and retails home furnishings in the United States. The company has market cap of $239.41 million. The firm operates in three divisions: Wholesale, Retail, and Logistical Services. It has a 18.58 P/E ratio. 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 retail stores, as well as independent furniture retailers; and wood and upholstery operations.

Another recent and important Bassett Furniture Industries, Incorporated (NASDAQ:BSET) news was published by Globenewswire.com which published an article titled: “New Research: Key Drivers of Growth for Intra-Cellular Therapies, The, Bassett Furniture Industries, NVE, Equity …” on September 05, 2018.

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.