Bassett Furniture Industries Stock Buy Hold or Sell Recommendation
| BSET Stock | USD 14.04 0.08 0.57% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Bassett Furniture Industries is 'Hold'. Macroaxis provides Bassett Furniture buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BSET positions. The advice algorithm takes into account all of Bassett Furniture's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Bassett Furniture's buy or sell advice are summarized below:
Real Value 16.83 | Target Price 25 | Hype Value 14.01 | Market Value 14.04 | Naive Value 14.15 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Bassett Furniture Industries given historical horizon and risk tolerance towards Bassett Furniture. When Macroaxis issues a 'buy' or 'sell' recommendation for Bassett Furniture Industries, the advice is generated through an automated system that utilizes algorithms and statistical models.
Bassett |
Execute Bassett Furniture Buy or Sell Advice
The Bassett recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Bassett Furniture Industries. Macroaxis does not own or have any residual interests in Bassett Furniture Industries or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Bassett Furniture's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Bassett Furniture Trading Alerts and Improvement Suggestions
| Bassett Furniture generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 390.14 M. Net Loss for the year was (3.17 M) with profit before overhead, payroll, taxes, and interest of 248.34 M. | |
| Latest headline from news.google.com: Does Bassett Furniture Industries, Incorporated Have a Compelling RiskReward Opportunity - MSN |
Bassett Furniture Returns Distribution Density
The distribution of Bassett Furniture's historical returns is an attempt to chart the uncertainty of Bassett Furniture's future price movements. The chart of the probability distribution of Bassett Furniture daily returns describes the distribution of returns around its average expected value. We use Bassett Furniture Industries price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Bassett Furniture returns is essential to provide solid investment advice for Bassett Furniture.
| Mean Return | -0.07 | Value At Risk | -2.6 | Potential Upside | 2.92 | Standard Deviation | 1.74 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Bassett Furniture historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Bassett Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Bassett Furniture is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bassett Furniture Industries backward and forwards among themselves. Bassett Furniture's institutional investor refers to the entity that pools money to purchase Bassett Furniture's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2023-12-31 | 82.2 K | Bank Of New York Mellon Corp | 2023-12-31 | 78.9 K | Bridgeway Capital Management, Llc | 2023-12-31 | 74.4 K | American Century Companies Inc | 2023-12-31 | 64.1 K | Bank Of America Corp | 2023-12-31 | 48.8 K | Goldman Sachs Group Inc | 2023-12-31 | 47.3 K | Beacon Investment Advisors Llc | 2023-12-31 | 43 K | Aristides Capital Llc | 2023-12-31 | 37.2 K | State Street Corporation | 2023-12-31 | 31.4 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 739 K | Gamco Investors, Inc. Et Al | 2023-12-31 | 584.5 K |
Bassett Furniture Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 6.5M | (26.1M) | (9.5M) | 17.9M | 16.1M | 16.9M | |
| Change In Cash | 26.1M | (11.4M) | 27.3M | (9.2M) | (10.6M) | (10.1M) | |
| Free Cash Flow | 30.6M | 3.8M | (24.3M) | 1.2M | 1.1M | 1.1M | |
| Depreciation | 13.5M | 14.6M | 11.3M | 10.1M | 11.7M | 10.2M | |
| Other Non Cash Items | 3.6M | 3.7M | (53.8M) | 5.6M | 5.1M | 5.3M | |
| Dividends Paid | 4.5M | 7.7M | 20.2M | (6.0M) | (6.9M) | (6.5M) | |
| Capital Expenditures | 6.0M | 10.8M | 21.3M | 17.5M | 20.1M | 13.4M | |
| Net Income | (10.4M) | 18.0M | 65.3M | (3.2M) | (2.9M) | (2.7M) | |
| End Period Cash Flow | 45.8M | 34.4M | 61.6M | 52.4M | 60.3M | 32.3M | |
| Investments | (279K) | (11.6M) | 65.8M | (17.8M) | (16.0M) | (15.2M) | |
| Change Receivables | 1.7M | (2.6M) | (1.5M) | 3.2M | 3.6M | 3.8M | |
| Net Borrowings | (292K) | (121K) | (1.3M) | (684K) | (786.6K) | (825.9K) | |
| Change To Netincome | 1.2M | 9.8M | 4.7M | (56.1M) | (64.5M) | (61.3M) |
Bassett Furniture Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Bassett Furniture or Household Durables sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Bassett Furniture's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Bassett stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.09 | |
β | Beta against NYSE Composite | 0.12 | |
σ | Overall volatility | 1.67 | |
Ir | Information ratio | -0.09 |
Bassett Furniture Volatility Alert
Bassett Furniture Industries exhibits very low volatility with skewness of 1.36 and kurtosis of 4.2. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Bassett Furniture's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Bassett Furniture's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Bassett Furniture Fundamentals Vs Peers
Comparing Bassett Furniture's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Bassett Furniture's direct or indirect competition across all of the common fundamentals between Bassett Furniture and the related equities. This way, we can detect undervalued stocks with similar characteristics as Bassett Furniture or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Bassett Furniture's fundamental indicators could also be used in its relative valuation, which is a method of valuing Bassett Furniture by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Bassett Furniture to competition |
| Fundamentals | Bassett Furniture | Peer Average |
| Return On Equity | -0.031 | -0.31 |
| Return On Asset | -0.0071 | -0.14 |
| Profit Margin | (0.02) % | (1.27) % |
| Operating Margin | (0.03) % | (5.51) % |
| Current Valuation | 180.97 M | 16.62 B |
| Shares Outstanding | 8.83 M | 571.82 M |
| Shares Owned By Insiders | 7.57 % | 10.09 % |
| Shares Owned By Institutions | 54.79 % | 39.21 % |
| Number Of Shares Shorted | 8.71 K | 4.71 M |
| Price To Earning | 5.88 X | 28.72 X |
| Price To Book | 0.67 X | 9.51 X |
| Price To Sales | 0.33 X | 11.42 X |
| Revenue | 390.14 M | 9.43 B |
| Gross Profit | 248.34 M | 27.38 B |
| EBITDA | (3.13 M) | 3.9 B |
| Net Income | (3.17 M) | 570.98 M |
| Cash And Equivalents | 84.58 M | 2.7 B |
| Cash Per Share | 9.24 X | 5.01 X |
| Total Debt | 116.18 M | 5.32 B |
| Debt To Equity | 0.54 % | 48.70 % |
| Current Ratio | 1.94 X | 2.16 X |
| Book Value Per Share | 20.58 X | 1.93 K |
| Cash Flow From Operations | 18.72 M | 971.22 M |
| Short Ratio | 0.58 X | 4.00 X |
| Earnings Per Share | (0.66) X | 3.12 X |
| Price To Earnings To Growth | 2.77 X | 4.89 X |
| Target Price | 21.0 | |
| Number Of Employees | 1.39 K | 18.84 K |
| Beta | 1.68 | -0.15 |
| Market Capitalization | 126.52 M | 19.03 B |
| Total Asset | 370.42 M | 29.47 B |
| Retained Earnings | 139.35 M | 9.33 B |
| Working Capital | 80.06 M | 1.48 B |
Note: Payment of 350 shares by Robert Spilman of Bassett Furniture subject to Rule 16b-3 [view details]
Bassett Furniture Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Bassett . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 14.04 | |||
| Day Typical Price | 14.04 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.08) |
About Bassett Furniture Buy or Sell Advice
When is the right time to buy or sell Bassett Furniture Industries? Buying financial instruments such as Bassett Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 116.3M | 116.2M | 133.6M | 140.3M | Total Assets | 406.3M | 370.4M | 426.0M | 329.9M |
Use Investing Ideas to Build Portfolios
In addition to having Bassett Furniture in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Hedge Favorites Thematic Idea Now
Hedge Favorites
Hedge Funds pool capital from accredited individuals or institutional investors and invest in a variety of assets, often with complex portfolio-construction and risk-management techniques. The Hedge Favorites theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Hedge Favorites Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Bassett Furniture Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Bassett Furniture information on this page should be used as a complementary analysis to other Bassett Furniture's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Bassett Stock analysis
When running Bassett Furniture's price analysis, check to measure Bassett Furniture's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bassett Furniture is operating at the current time. Most of Bassett Furniture's value examination focuses on studying past and present price action to predict the probability of Bassett Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bassett Furniture's price. Additionally, you may evaluate how the addition of Bassett Furniture to your portfolios can decrease your overall portfolio volatility.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |
Is Bassett Furniture's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bassett Furniture. If investors know Bassett will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bassett Furniture listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Dividend Share 0.7 | Earnings Share (0.66) | Revenue Per Share 42.156 | Quarterly Revenue Growth (0.20) |
The market value of Bassett Furniture is measured differently than its book value, which is the value of Bassett that is recorded on the company's balance sheet. Investors also form their own opinion of Bassett Furniture's value that differs from its market value or its book value, called intrinsic value, which is Bassett Furniture's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bassett Furniture's market value can be influenced by many factors that don't directly affect Bassett Furniture's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bassett Furniture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bassett Furniture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bassett Furniture's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.