$0.39 EPS Expected for Bassett Furniture Industries, Incorporated (BSET)

June 12, 2018 - By Adrian Mccoy

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) LogoInvestors sentiment decreased to 1 in 2018 Q1. Its down 0.57, from 1.57 in 2017Q4. It worsened, as 21 investors sold Bassett Furniture Industries, Incorporated shares while 26 reduced holdings. 19 funds opened positions while 28 raised stakes. 8.08 million shares or 3.08% more from 7.84 million shares in 2017Q4 were reported.
Federated Investors Inc Pa holds 0% of its portfolio in Bassett Furniture Industries, Incorporated (NASDAQ:BSET) for 12,441 shares. Blackrock has 732,343 shares. California State Teachers Retirement System reported 15,487 shares. Great West Life Assurance Can holds 128 shares or 0% of its portfolio. Manufacturers Life Insur Company The stated it has 8,241 shares. Schwab Charles invested in 0% or 20,187 shares. Parametric Assocs Lc accumulated 11,251 shares. Benjamin F Edwards & invested 0% of its portfolio in Bassett Furniture Industries, Incorporated (NASDAQ:BSET). Deutsche Fincl Bank Ag holds 0% of its portfolio in Bassett Furniture Industries, Incorporated (NASDAQ:BSET) for 43,281 shares. Ameriprise Inc accumulated 8,042 shares. Savings Bank Of Mellon Corporation reported 108,863 shares. Lsv Asset owns 0% invested in Bassett Furniture Industries, Incorporated (NASDAQ:BSET) for 8,900 shares. 9,720 were reported by First Advisors Ltd Partnership. Suntrust Banks accumulated 18,370 shares. Bridgeway Management Incorporated reported 0.04% stake.

Since February 16, 2018, it had 0 insider buys, and 3 sales for $163,477 activity. The insider JORDAN MARK S sold 3,400 shares worth $102,202. On Friday, February 16 the insider HERVEY JAY R sold $17,025.

Analysts expect Bassett Furniture Industries, Incorporated (NASDAQ:BSET) to report $0.39 EPS on July, 5.They anticipate $0.03 EPS change or 7.14 % from last quarter’s $0.42 EPS. BSET’s profit would be $4.19M giving it 18.37 P/E if the $0.39 EPS is correct. After having $0.12 EPS previously, Bassett Furniture Industries, Incorporated’s analysts see 225.00 % EPS growth. The stock increased 1.06% or $0.3 during the last trading session, reaching $28.65. About 9,498 shares traded. Bassett Furniture Industries, Incorporated (NASDAQ:BSET) has risen 1.27% since June 12, 2017 and is uptrending. It has underperformed by 11.30% 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 3 analyst reports since January 18, 2018 according to SRatingsIntel. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, March 28. Sidoti upgraded Bassett Furniture Industries, Incorporated (NASDAQ:BSET) on Thursday, May 10 to “Buy” rating. Stifel Nicolaus maintained Bassett Furniture Industries, Incorporated (NASDAQ:BSET) on Thursday, January 18 with “Hold” rating.

Bassett Furniture Industries, Incorporated makes, markets, and retails home furnishings in the United States. The company has market cap of $308.14 million. The firm operates in three divisions: Wholesale, Retail, and Logistical Services. It has a 21.35 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 Nasdaq.com which published an article titled: “Market Trends Toward New Normal in Forward Industries, Equity Bancshares, Bassett Furniture Industries, Primoris …” on May 24, 2018.

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

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