Bassett Furniture Stock Target Price and Analyst Consensus

BSET Stock  USD 14.61  0.40  2.66%   
The current analyst and expert consensus on Bassett Furniture is Strong Sell, with no strong buy opinions. The current projected Bassett Furniture target price consensus is 25.00 with 0 analyst opinions. The most common way Bassett Furniture analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Bassett Furniture executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Bassett Furniture. We encourage you to use your own analysis of Bassett Furniture to validate this buy or sell advice. Bassett Furniture buy-or-sell recommendation module provides average expert sentiment on the projected Bassett Furniture target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Bassett Furniture to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
22.75
Highest Forecast
27.75
Target Price
25
Gross Profit Margin is likely to gain to 0.63 in 2024, whereas Gross Profit is likely to drop slightly above 145.7 M in 2024. At this time, Bassett Furniture's Other Current Assets are comparatively stable compared to the past year. Total Liabilities is likely to gain to about 225.8 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 57.9 M in 2024.
  
It's important to approach Bassett Furniture's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Bassett Furniture Analyst Ratings

Bassett Furniture's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Bassett Furniture stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Bassett Furniture's financials, market performance, and future outlook by experienced professionals. Bassett Furniture's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Bassett Furniture price targets

Bassett Furniture's stock target price is an estimate of its future price, usually made by analysts. Using Bassett Furniture's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Bassett Furniture's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Bassett Furniture's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Bassett Furniture Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Bassett Furniture is a key component of Bassett Furniture valuation and have some predictive power on the future returns of a Bassett Furniture.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bassett Furniture's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
12.8014.5916.38
Details
Intrinsic
Valuation
LowRealHigh
13.1517.1418.93
Details
Naive
Forecast
LowNextHigh
12.8614.6516.44
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.12-0.11-0.1
Details

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Driverless Cars Idea
Driverless Cars
Invested few shares
Momentum Idea
Momentum
Invested few shares
Blockchain Idea
Blockchain
Invested few shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 40 shares
Social Domain Idea
Social Domain
Invested few shares
Dividend Beast Idea
Dividend Beast
Invested over 60 shares

Additional 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.