$0.35 EPS Expected for Bassett Furniture Industries, Incorporated (BSET)

March 15, 2018 - By Nellie Frank

 $0.35 EPS Expected for Bassett Furniture Industries, Incorporated (BSET)
Investors sentiment increased to 1.56 in 2017 Q3. Its up 0.71, from 0.85 in 2017Q2. It is positive, as 5 investors sold Bassett Furniture Industries, Incorporated shares while 27 reduced holdings. 22 funds opened positions while 28 raised stakes. 7.64 million shares or 0.03% less from 7.64 million shares in 2017Q2 were reported.
Walthausen And Ltd Com invested in 190,826 shares. Rhumbline Advisers owns 12,197 shares for 0% of their portfolio. Tower Rech Ltd Llc (Trc) stated it has 0% of its portfolio in Bassett Furniture Industries, Incorporated (NASDAQ:BSET). Vanguard Grp has invested 0% in Bassett Furniture Industries, Incorporated (NASDAQ:BSET). Strs Ohio has 18,800 shares. Eam Ltd Liability Corp has 43,849 shares for 0.22% of their portfolio. 15,305 were reported by Martingale Asset Management Lp. 85,184 were accumulated by Aqr Capital Mgmt. Morgan Stanley owns 81,586 shares. Citadel Advisors Lc reported 5,580 shares or 0% of all its holdings. Matarin Capital Mgmt Ltd Company owns 27,838 shares. Metropolitan Life Ins Com accumulated 8,071 shares. Meeder Asset Mngmt has 0% invested in Bassett Furniture Industries, Incorporated (NASDAQ:BSET) for 328 shares. Legal & General Gru Public Ltd invested in 0% or 2,987 shares. Salem Counselors holds 0% of its portfolio in Bassett Furniture Industries, Incorporated (NASDAQ:BSET) for 1,100 shares.

Since September 29, 2017, it had 0 buys, and 2 insider sales for $398,186 activity. The insider HERVEY JAY R sold 500 shares worth $17,025.

Analysts expect Bassett Furniture Industries, Incorporated (NASDAQ:BSET) to report $0.35 EPS on March, 29.They anticipate $0.08 EPS change or 29.63 % from last quarter’s $0.27 EPS. BSET’s profit would be $3.77M giving it 24.04 P/E if the $0.35 EPS is correct. After having $0.46 EPS previously, Bassett Furniture Industries, Incorporated’s analysts see -23.91 % EPS growth. The stock increased 0.15% or $0.05 during the last trading session, reaching $33.65. About 16,936 shares traded. Bassett Furniture Industries, Incorporated (NASDAQ:BSET) has risen 4.90% since March 15, 2017 and is uptrending. It has underperformed by 11.80% the S&P500.

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

Among 2 analysts covering Bassett Furniture (NASDAQ:BSET), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Bassett Furniture had 5 analyst reports since January 21, 2016 according to SRatingsIntel. Stifel Nicolaus maintained the shares of BSET in report on Thursday, September 28 with “Hold” rating. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, January 18. Sidoti downgraded the shares of BSET in report on Wednesday, January 27 to “Neutral” rating. The stock of Bassett Furniture Industries, Incorporated (NASDAQ:BSET) earned “Buy” rating by Sidoti on Thursday, January 21. The stock has “Hold” rating by Stifel Nicolaus on Friday, June 30.

Bassett Furniture Industries, Incorporated makes, markets, and retails home furnishings in the United States. The company has market cap of $362.23 million. The firm operates in three divisions: Wholesale, Retail, and Logistical Services. It has a 19.79 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.

More notable recent Bassett Furniture Industries, Incorporated (NASDAQ:BSET) news were published by: Globenewswire.com which released: “Bassett Announces Board Appointment” on March 13, 2018, also Globenewswire.com with their article: “Bassett to Present at Noble Capital Markets’ 14th Annual Small Cap & Emerging …” published on January 24, 2018, Globenewswire.com published: “Bassett Furniture Donates Cribs for Hurricane Victims” on October 04, 2017. More interesting news about Bassett Furniture Industries, Incorporated (NASDAQ:BSET) were released by: Globenewswire.com and their article: “Bassett Declares Quarterly Dividend” published on March 08, 2018 as well as Globenewswire.com‘s news article titled: “Bassett Announces Fiscal Fourth Quarter Results” with publication date: January 18, 2018.

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