bassett furn - BSET

BSET

Close Chg Chg %
14.51 -0.12 -0.83%

Closed Market

14.39

-0.12 (0.83%)

Volume: 6.30K

Last Updated:

Nov 21, 2024, 4:00 PM EDT

Company Overview: bassett furn - BSET

BSET Key Data

Open

$14.37

Day Range

14.24 - 14.60

52 Week Range

12.11 - 17.89

Market Cap

$127.70M

Shares Outstanding

8.80M

Public Float

7.36M

Beta

1.66

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$1.94

Yield

509.99%

Dividend

$0.20

EX-DIVIDEND DATE

Nov 15, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

11.93K

 

BSET Performance

1 Week
 
-1.51%
 
1 Month
 
3.15%
 
3 Months
 
8.69%
 
1 Year
 
-13.47%
 
5 Years
 
-2.90%
 

BSET Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 1
Full Ratings ➔

About bassett furn - BSET

Bassett Furniture Industries, Inc. engages in manufacturing, marketing, and retailing home furnishings. It operates through the following segments: Wholesale, Retail, and Corporate and Other. The Wholesale segment focuses on the design, manufacture, sourcing, sale, and distribution of furniture products. The Retail segment consists of company-owned stores and includes the revenues, expenses, assets and liabilities, and capital expenditures. The Corporate and Other segment includes the shared costs of corporate functions such as treasury and finance, information technology, accounting, human resources, legal and others, including certain product development and marketing functions benefitting both wholesale and retail operations. The company was founded by John David Bassett, Sr. in 1902 and is headquartered in Bassett, VA.

BSET At a Glance

Bassett Furniture Industries, Inc.
3525 Fairystone Park Highway
Bassett, Virginia 24055
Phone 1-276-629-6000 Revenue 390.14M
Industry Home Furnishings Net Income -3,171,000.00
Sector Consumer Durables Employees 1,389
Fiscal Year-end 11 / 2024
View SEC Filings

BSET Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 0.374
Price to Book Ratio 0.795
Price to Cash Flow Ratio 7.802
Enterprise Value to EBITDA 16.878
Enterprise Value to Sales 0.493
Total Debt to Enterprise Value 0.606

BSET Efficiency

Revenue/Employee 280,875.45
Income Per Employee -2,282.937
Receivables Turnover 23.92
Total Asset Turnover 0.927

BSET Liquidity

Current Ratio 2.028
Quick Ratio 1.219
Cash Ratio 0.901

BSET Profitability

Gross Margin 50.872
Operating Margin 0.323
Pretax Margin -0.638
Net Margin -0.813
Return on Assets -0.753
Return on Equity -1.673
Return on Total Capital -1.057
Return on Invested Capital -1.105

BSET Capital Structure

Total Debt to Total Equity 63.524
Total Debt to Total Capital 38.847
Total Debt to Total Assets 28.913
Long-Term Debt to Equity 53.127
Long-Term Debt to Total Capital 32.489
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Bassett Furn - BSET

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
385.86M 486.53M 485.60M 390.14M
Sales Growth
-14.65% +26.09% -0.19% -19.66%
Cost of Goods Sold (COGS) incl D&A
170.57M 273.53M 241.57M 191.66M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
13.48M 14.60M 10.04M 10.14M
Depreciation
13.10M 14.22M 9.99M 10.08M
Amortization of Intangibles
379.00K 379.00K 57.00K 57.00K
COGS Growth
-10.37% +60.36% -11.68% -20.66%
Gross Income
215.29M 213.00M 244.03M 198.47M
Gross Income Growth
-17.76% -1.06% +14.57% -18.67%
Gross Profit Margin
+55.79% +43.78% +50.25% +50.87%
2020 2021 2022 2023 5-year trend
SG&A Expense
211.39M 184.03M 210.11M 197.21M
Research & Development
- - - -
-
Other SG&A
211.39M 184.03M 210.11M 197.21M
SGA Growth
-16.03% -12.94% +14.17% -6.14%
Other Operating Expense
- 4.92M 2.97M 3.65M
Unusual Expense
- - 15.21M 4.40M
-
EBIT after Unusual Expense
(16.22M) 26.00M 30.27M (3.13M)
Non Operating Income/Expense
(514.00K) (1.44M) 3.83M 669.00K
Non-Operating Interest Income
236.00K 54.00K 302.00K 2.53M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
49.00K 322.00K 38.00K 22.00K
Interest Expense Growth
+716.67% +557.14% -88.20% -42.11%
Gross Interest Expense
49.00K 322.00K 38.00K 22.00K
Interest Capitalized
- - - -
-
Pretax Income
(16.79M) 24.24M 34.06M (2.49M)
Pretax Income Growth
-864.71% +244.41% +40.52% -107.30%
Pretax Margin
-4.35% +4.98% +7.01% -0.64%
Income Tax
(6.37M) 6.20M 8.70M 683.00K
Income Tax - Current - Domestic
(8.33M) 4.62M 7.81M (193.00K)
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
1.97M 1.58M 889.00K 876.00K
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(10.42M) 18.04M 25.36M (3.17M)
Minority Interest Expense
- - - -
-
Net Income
(10.42M) 18.04M 25.36M (3.17M)
Net Income Growth
-440.51% +273.13% +40.56% -112.50%
Net Margin Growth
-2.70% +3.71% +5.22% -0.81%
Extraordinaries & Discontinued Operations
- - - (12.55M)
-
Discontinued Operations
- - - (12.55M)
-
Net Income After Extraordinaries
(10.42M) 18.04M 12.81M (3.17M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(10.42M) 18.04M 12.81M (3.17M)
EPS (Basic)
-1.0453 1.8343 1.3636 -0.361
EPS (Basic) Growth
-457.79% +275.48% -25.66% -126.47%
Basic Shares Outstanding
9.97M 9.84M 9.39M 8.78M
EPS (Diluted)
-1.0453 1.8328 1.3624 -0.361
EPS (Diluted) Growth
-457.79% +275.34% -25.67% -126.50%
Diluted Shares Outstanding
9.97M 9.84M 9.40M 8.78M
EBITDA
12.46M 40.59M 40.31M 11.40M
EBITDA Growth
-44.60% +225.78% -0.69% -71.72%
EBITDA Margin
+3.23% +8.34% +8.30% +2.92%

Snapshot

Average Recommendation HOLD Average Target Price 19.00
Number of Ratings 1 Current Quarters Estimate -0.015
FY Report Date 11 / 2024 Current Year's Estimate -0.785
Last Quarter’s Earnings -0.52 Median PE on CY Estimate N/A
Year Ago Earnings -0.36 Next Fiscal Year Estimate 0.675
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 2 2 2 2
Mean Estimate -0.02 0.05 -0.79 0.68
High Estimates 0.05 0.05 -0.77 0.80
Low Estimate -0.08 0.04 -0.80 0.55
Coefficient of Variance -612.83 15.71 -2.70 26.19

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 0 0 0
OVERWEIGHT 0 0 0
HOLD 1 1 1
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Hold Hold Hold

Insider Actions for Bassett Furn - BSET

Date Name Shares Transaction Value
Apr 8, 2024 John Walter McDowell Director 18,463 Open market or private purchase of non-derivative security Non-derivative transaction at $14.67 per share 270,852.21
Jan 17, 2024 Jay R. Hervey Vice Pres Sec & Gen Counsel 11,205 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.15 per share 169,755.75
Jan 17, 2024 Jay R. Hervey Vice Pres Sec & Gen Counsel 10,995 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.98 per share 175,700.10
Jan 17, 2024 John E. Bassett SVP, Chief Operations Officer 51,953 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.15 per share 787,087.95
Jan 17, 2024 John E. Bassett SVP, Chief Operations Officer 51,673 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.98 per share 825,734.54
Jan 17, 2024 Robert H. Spilman Chairman & CEO; Director 262,669 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.15 per share 3,979,435.35
Jan 17, 2024 Robert H. Spilman Chairman & CEO; Director 262,389 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.98 per share 4,192,976.22
Jan 17, 2024 Bruce R. Cohenour SVP, Chief Sales Officer 27,756 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.15 per share 420,503.40
Jan 17, 2024 Bruce R. Cohenour SVP, Chief Sales Officer 27,476 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.98 per share 439,066.48
Jan 17, 2024 John Michael Daniel SVP, Chief Fin./Admin. Officer 52,546 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.15 per share 796,071.90
Jan 17, 2024 John Michael Daniel SVP, Chief Fin./Admin. Officer 52,266 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.98 per share 835,210.68

Bassett Furn in the News