| Market cap | $160.41M |
|---|---|
| Enterprise value | $66.19M |
| Revenue | $368.992M |
|---|---|
| EBITDA | $6.667M |
| Income | -$5.81 |
| Revenue Q/Q | -19.63% |
| Revenue Y/Y | -22.39% |
| P/E | N/A |
|---|---|
| Forward P/E | 6.59 |
| EV/Sales | 0.18 |
| EV/EBITDA | 9.93 |
| EV/EBIT | N/A |
| PEG | 0.66 |
| Price/Sales | 0.43 |
| P/FCF | N/A |
| Price/Book | 0.87 |
| Book/Share | 16.14 |
| Cash/Share | 6.17 |
| FCF yield | -3.31% |
| Volume | 46.768k / 11.300k |
|---|---|
| Relative vol. | 4.14 × |
| EPS | N/A |
|---|---|
| EPS Q/Q | 164.52% |
| Est. EPS Q/Q | -28.85% |
| Profit margin | -0.81% |
|---|---|
| Oper. margin | -2.50% |
| Gross margin | 52.93% |
| EBIT margin | -1.75% |
| EBITDA margin | 1.81% |
| Ret. on assets | -1.58% |
|---|---|
| Ret. on equity | -3.11% |
| ROIC | -0.64% |
| ROCE | -2.24% |
| Debt/Equity | 1.02 |
|---|---|
| Net debt/EBITDA | 26.40 |
| Current ratio | 2.04 |
| Quick ratio | 1.18 |
| Volatility | 2.64% |
|---|---|
| Beta | 0.61 |
| RSI | 48.15 |
|---|
| Insider ownership | 8.50% |
|---|---|
| Inst. ownership | 65.38% |
| Shares outst. | 8.829M |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 1.74% |
| Short ratio | 4.18 |
| Dividend | $0.72 |
|---|---|
| Dividend yield | 5.01% |
| Payout ratio | 94.44% |
| Payment date | N/A |
| Ex-dividend date | N/A |
| Earnings date | 27 Jun 2024 |
Thursday, 16 November 2023
|
|
| 25 Highest Quality Furniture Brands in the World | |
Sunday, 7 May 2023
|
|
| Bearish Bets: 3 Stocks You Seriously Should Think About Shorting This Week | |
Thursday, 20 October 2022
|
|
| 11 Best Furniture-Related Stocks to Buy Now | |
Friday, 15 July 2022
|
|
| Bassett Cheers Investors with a 14% Dividend Increase | |
Sunday, 12 September 2021
|
|
| What Kind Of Shareholders Hold The Majority In Bassett Furniture Industries, Incorporated's Shares? - Yahoo Finance | |
Thursday, 22 July 2021
|
|
| Bull of the Day: Bassett Furniture | |
Tuesday, 6 July 2021
|
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| Here's Why You Should Buy Leggett Stock Right Now | |
Wednesday, 16 June 2021
|
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| Tap These 7 Low Price-to-Sales Stocks for Portfolio Gains | |
Monday, 3 May 2021
|
|
| The Zacks Analyst Blog Highlights: Bassett Furniture, Crocs and Mattel | |
Thursday, 29 April 2021
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| 5 Stocks With Recent Price Strength Amid Strong Recovery | |
Monday, 19 April 2021
|
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| Bassett is on the Move, Here's Why the Trend Could be Sustainable | |
Thursday, 1 April 2021
|
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| Bassett Furniture Q1 Earnings Beat Estimates | |
Friday, 12 March 2021
|
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| BSET vs. WSC: Which Stock Is the Better Value Option? | |
| Bassett Hits Fresh High: Is There Still Room to Run? | |
Friday, 5 February 2021
|
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| 5 Stocks With Recent Price Strength for Spectacular Returns | |
Thursday, 4 February 2021
|
|
| Has Bassett Furniture Industries, Outpaced Other Consumer Discretionary Stocks This Year? | |
Monday, 11 January 2021
|
|
| 5 Stocks with Great Bounce-back Potential In 2021 | |
| Zacks Industry Outlook Highlights: Leggett & Platt, Bassett Furniture, American Woodmark, La-Z-Boy and Sleep Number | |
Thursday, 7 January 2021
|
|
| The Zacks Analyst Blog Highlights: Liquidity Services, Bassett Furniture, Hibbett Sports, Titan Machinery and Gogo | |
| Insider |
Trans.
Transaction
|
Total value |
|---|---|---|
| John Walter Mcdowell Director | Buy 4 Apr 2024 | $14,670 |
| Robert H Jr Spilman Chairman and CEO | Buy 28 Apr 2023 | $14,704 |
| John Michael Daniel SVP and Chief Fin./Admin. Officer | Buy 25 Apr 2023 | $7,125 |
| William C Jr Warden Director | Buy 12 Oct 2022 | $89,850 |
| Robert H Jr Spilman Chairman and CEO | Buy 7 Oct 2022 | $77,900 |
| William C Jr Warden Director | Buy 22 Feb 2022 | $161,700 |
| David C Baker SVP and Chief Retail Officer | Option 19 Apr 2021 | $42,105 |
| Robert H Jr Spilman Chairman and CEO | Buy 28 Oct 2020 | $14,560 |
| Virginia W. Hamlet Director | Buy 18 Aug 2020 | $25,126 |
| William C Jr Warden Director | Buy 14 Aug 2020 | $27,570 |
| William C Jr Wampler Director | Buy 12 Aug 2020 | $25,108 |
Powered by
Robintrack.
Price target
Current $14.16
Average $21.00
Low $21
High $21
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | -67.62% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 5.01% | Growth period | N/A |
| Last dividend date | Yield 3 years | 7.06% | Growth 3 years | -6.43% | |
| Last dividend | Yield 5 years | 5.70% | Growth 5 years | +7.67% |
| Insider | Age | Since | Compensation |
|---|---|---|---|
| Robert H. Spilman Jr. (65) Pres, CEO, and Chairman | 65 | $597,812 | |
| Bruce R. Cohenour (63) Sr. VP and Chief Sales Officer | 63 | $482,083 | |
| Bruce Cohenour (61) Chief Sales Officer and Senior Vice President since 2019 | 61 | 2019 | $444,414 |
| Robert Spilman (63) Chairman of the Board, President, and Chief Executive Officer since 2016 | 63 | 2016 | $423,320 |
| Jack Hawn (66) Senior Vice President - Bassett, President, and Zenith since 2015 | 66 | 2015 | $354,345 |
| Jack Leroy Hawn Jr. (67) Pres of Zenith Freight Lines | 67 | $351,498 | |
| J. Michael Daniel (59) Sr. VP, Chief Financial, and Admin. Officer | 59 | $323,786 | |
| John E. Bassett III (62) Sr. VP and Chief Operations Officer | 62 | $323,752 | |
| John Bassett (61) Chief Operating Officer and Senior Vice President since 2019 | 61 | 2019 | $286,511 |
| John Daniel (58) Chief Financial, Administrative Officer, and Senior Vice President since 2019 | 58 | 2019 | $284,419 |
| William Warden (67) Lead Independent Director since 2016 | 67 | 2016 | $90,000 |
| Kristina Cashman (53) Independent Director since 2007 | 53 | 2007 | $85,000 |
| William Wampler (60) Independent Director since 2004 | 60 | 2004 | $80,000 |
| J. Walter McDowell (69) Independent Director since 2011 | 69 | 2011 | $75,000 |
| Virginia Hamlet (57) Independent Director since 2018 | 57 | 2018 | $75,000 |
| John Belk (61) Independent Director since 2016 | 61 | 2016 | $75,000 |
| Emma Battle (59) Independent Director since 2020 | 59 | 2020 | |
| Kara Kelchner-Strong (45) Senior Vice President and Customer Experience Officer since 2019 | 45 | 2019 | |
| Jay Hervey (60) Vice President, General Counsel, and Secretary since 1997 | 60 | 1997 | |
| David Baker (59) Senior Vice President and Chief Retail Officer since 2019 | 59 | 2019 | |
| Mark S. Jordan (67) Sr. VP of Upholstery | 67 | ||
| Edward H. White | |||
| Peter D. Morrison | |||
| Jay R. Hervey (61) VP, Gen. Counsel, and Sec. | 61 | ||
| Brian W. Claspell |
bassett furniture industries, inc. is a leading manufacturer and marketer of high quality, mid-priced home furnishings. with more than 90 company- and licensee-owned stores, bassett has leveraged its strong brand name in furniture into a network of corporate and licensed stores that focus on providing consumers with a friendly environment for buying furniture and accessories. as part of a licensing program with hgtv home, bassett offers custom-built furniture that is ready for delivery in the home within 30 days. the stores also feature the latest on-trend furniture styles, more than 1,000 upholstery fabrics, free in-home design visits, and coordinated decorating accessories. bassett is also growing its traditional wholesale business with more than 500 accounts on the open market, across the united states and internationally.
- Consumer Discretionary > Home Furnishings
- Bassett Furniture Industries Inc., 3525 Fairystone Park Highway, Bassett 24055, United States
- 276-629-6000
- Investor relations
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | -67.62% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 5.01% | Growth period | N/A |
| Last dividend date | Yield 3 years | 7.06% | Growth 3 years | -6.43% | |
| Last dividend | Yield 5 years | 5.70% | Growth 5 years | +7.67% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $40.609 | $52.407 | |||
| Short term investments | $17.775 | $17.775 | |||
| Net receivables | $13.942 | $13.736 | |||
| Inventory | $62.957 | $62.982 | |||
| Total current assets | $149.505 | $157.954 | |||
| Long term investments | |||||
| Property, plant & equipment | $182.98 | $184.869 | |||
| Goodwill & intangible assets | $16.069 | $16.067 | |||
| Total noncurrent assets | $211.94 | $212.47 | |||
| Total investments | $17.775 | $17.775 | |||
| Total assets | $361.445 | $370.424 | |||
| Current liabilities | |||||
| Accounts payable | $14.635 | $16.338 | |||
| Deferred revenue | |||||
| Short long term debt | $17.53 | $18.827 | |||
| Total current liabilities | $73.285 | $77.89 | |||
| Long term debt | $95.312 | $97.357 | |||
| Total noncurrent liabilities | $107.522 | $109.093 | |||
| Total debt | $112.842 | $116.184 | |||
| Total liabilities | $180.807 | $186.983 | |||
| Stockholders' equity | |||||
| Retained earnings | $136.588 | $139.354 | |||
| Other stockholder equity | -$0.008 | $0.152 | |||
| Total stockholder equity | $180.638 | $183.441 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $52.407 | $61.625 | ||
| Short term investments | $17.775 | $17.715 | ||
| Net receivables | $13.736 | $17.838 | ||
| Inventory | $62.982 | $85.477 | ||
| Total current assets | $157.954 | $196.495 | ||
| Long term investments | ||||
| Property, plant & equipment | $184.869 | $176.473 | ||
| Goodwill & intangible assets | $16.067 | $21.727 | ||
| Total noncurrent assets | $212.47 | $209.778 | ||
| Total investments | $17.775 | $17.715 | ||
| Total assets | $370.424 | $406.273 | ||
| Current liabilities | ||||
| Accounts payable | $16.338 | $20.359 | ||
| Deferred revenue | ||||
| Short long term debt | $18.827 | $18.819 | ||
| Total current liabilities | $77.89 | $100.827 | ||
| Long term debt | $97.357 | $97.477 | ||
| Total noncurrent liabilities | $109.093 | $109.837 | ||
| Total debt | $116.184 | $116.296 | ||
| Total liabilities | $186.983 | $210.664 | ||
| Stockholders' equity | ||||
| Retained earnings | $139.354 | $150.8 | ||
| Other stockholder equity | $0.152 | $0.05 | ||
| Total stockholder equity | $183.441 | $195.609 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $86.554 | $94.702 | |||
| Cost of revenue | $38.687 | $43.288 | |||
| Gross profit | $47.867 | $51.414 | |||
| Operating activities | |||||
| Research & development | |||||
| Selling, general & administrative | $50.224 | $50.518 | |||
| Total operating expenses | $50.224 | $55.927 | |||
| Operating income | -$2.357 | -$4.513 | |||
| Income from continuing operations | |||||
| EBIT | -$1.705 | -$4.107 | |||
| Income tax expense | -$0.512 | -$0.028 | |||
| Interest expense | $0.022 | ||||
| Net income | |||||
| Net income | -$1.193 | -$4.101 | |||
| Income (for common shares) | -$1.193 | -$4.101 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $390.136 | $485.601 | ||
| Cost of revenue | $183.648 | $237.262 | ||
| Gross profit | $206.488 | $248.339 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $205.227 | $218.069 | ||
| Total operating expenses | $210.636 | $218.069 | ||
| Operating income | -$4.148 | $30.27 | ||
| Income from continuing operations | ||||
| EBIT | -$2.466 | $74.085 | ||
| Income tax expense | $0.683 | $8.702 | ||
| Interest expense | $0.022 | $0.038 | ||
| Net income | ||||
| Net income | -$3.171 | $65.345 | ||
| Income (for common shares) | -$3.171 | $65.345 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | -$1.193 | -$4.101 | |||
| Operating activities | |||||
| Depreciation | $2.664 | $2.639 | |||
| Business acquisitions & disposals | |||||
| Stock-based compensation | |||||
| Total cash flows from operations | -$7.739 | $8.475 | |||
| Investing activities | |||||
| Capital expenditures | -$2.076 | -$2.332 | |||
| Investments | |||||
| Total cash flows from investing | -$2.346 | -$2.442 | |||
| Financing activities | |||||
| Dividends paid | -$1.573 | -$1.576 | |||
| Sale and purchase of stock | $0.086 | -$0.077 | |||
| Net borrowings | -$0.074 | -$0.07 | |||
| Total cash flows from financing | -$1.722 | -$1.723 | |||
| Effect of exchange rate | $0.009 | $0.085 | |||
| Change in cash and equivalents | -$11.798 | $4.395 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | -$3.171 | $65.345 | ||
| Operating activities | ||||
| Depreciation | $10.141 | $11.309 | ||
| Business acquisitions & disposals | $1 | $78.952 | ||
| Stock-based compensation | ||||
| Total cash flows from operations | $18.724 | -$2.97 | ||
| Investing activities | ||||
| Capital expenditures | -$16.989 | -$13.07 | ||
| Investments | ||||
| Total cash flows from investing | -$17.763 | $65.842 | ||
| Financing activities | ||||
| Dividends paid | -$5.982 | -$20.162 | ||
| Sale and purchase of stock | -$3.858 | -$14.698 | ||
| Net borrowings | -$0.278 | -$0.684 | ||
| Total cash flows from financing | -$10.227 | -$35.563 | ||
| Effect of exchange rate | $0.048 | -$0.058 | ||
| Change in cash and equivalents | -$9.218 | $27.251 | ||
Recent institutional transactions
| Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|---|
| 2024 Q1 | Lsv Asset Management |
-6.99%
|
202,582 | $2,990 |
| 2019 Q1 | Tiaa Cref Investment Management |
Opened
|
30,311 | $497 |
Institutional shareholders
| Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|
| Lsv Asset Management | 2.29% | 202,582 | |
| Tiaa Cref Investment Management | 0.34% | 30,311 | |
| Russell Investments | 0.05% | 4,600 | |
| Bnp Paribas Financial Markets | 0.00% | 48 |
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