$0.38 EPS Expected for Bassett Furniture Industries Inc. (BSET)

September 17, 2017 - By test

 $0.38 EPS Expected for Bassett Furniture Industries Inc. (BSET)
Investors sentiment decreased to 0.9 in Q4 2016. Its down 0.47, from 1.37 in 2016Q3. It is negative, as 9 investors sold Bassett Furniture Industries Inc. shares while 33 reduced holdings. 12 funds opened positions while 26 raised stakes. 7.52 million shares or 0.99% less from 7.59 million shares in 2016Q3 were reported.
Parametric Port Ltd holds 23,596 shares. Eagle Advsrs Limited Liability Company stated it has 0.01% of its portfolio in Bassett Furniture Industries Inc. (NASDAQ:BSET). Nationwide Fund Advisors, Pennsylvania-based fund reported 8,257 shares. State Street Corp has invested 0% in Bassett Furniture Industries Inc. (NASDAQ:BSET). Bankshares Of Montreal Can owns 0% invested in Bassett Furniture Industries Inc. (NASDAQ:BSET) for 5,154 shares. Thomson Horstmann Bryant invested 1.74% of its portfolio in Bassett Furniture Industries Inc. (NASDAQ:BSET). Aqr Capital Llc reported 197,857 shares. Citigroup, a New York-based fund reported 11,138 shares. The New York-based Morgan Stanley has invested 0% in Bassett Furniture Industries Inc. (NASDAQ:BSET). Barclays Public Limited Com has 257 shares. Moreover, Suntrust Banks has 0% invested in Bassett Furniture Industries Inc. (NASDAQ:BSET). Meeder Asset Mngmt Incorporated holds 0% or 185 shares. Schwab Charles Mngmt holds 0% or 14,909 shares. Tower Cap Ltd Liability Com (Trc) invested 0% of its portfolio in Bassett Furniture Industries Inc. (NASDAQ:BSET). 260,231 are held by Walthausen & Com Limited Liability Corp.

Analysts await Bassett Furniture Industries Inc. (NASDAQ:BSET) to report earnings on October, 5. They expect $0.38 earnings per share, 0.00 % or $0.00 from last year’s $0.38 per share. BSET’s profit will be $4.08 million for 23.88 P/E if the $0.38 EPS becomes a reality. After $0.42 actual earnings per share reported by Bassett Furniture Industries Inc. for the previous quarter, Wall Street now forecasts -9.52 % negative EPS growth. The stock increased 2.83% or $1 on September 15, reaching $36.3. About 54,158 shares traded or 98.73% up from the average. Bassett Furniture Industries Inc. (NASDAQ:BSET) has risen 4.90% since September 17, 2016 and is uptrending. It has underperformed by 11.80% the S&P500.

Bassett Furniture Industries Inc. (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 3 analyst reports since January 21, 2016 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, January 21 by Sidoti. The rating was maintained by Stifel Nicolaus on Friday, June 30 with “Hold”. The company was downgraded on Wednesday, January 27 by Sidoti.

Bassett Furniture Industries, Incorporated is a manufacturer, importer and retailer of home furnishings. The company has market cap of $389.30 million. The Company’s divisions include Wholesale, Retail – Company-owned stores and Logistical services. It has a 21.81 P/E ratio. The Company’s wholesale home furnishings segment is involved in the design, manufacture, sourcing, sale and distribution of furniture products to a network of Bassett stores and independent furniture retailers.

More notable recent Bassett Furniture Industries Inc. (NASDAQ:BSET) news were published by: Nasdaq.com which released: “Bassett Furniture Industries Inc Reveals 72% Increase In Q2 Profit” on June 29, 2017, also Nasdaq.com with their article: “Bassett Furniture Announces Opening of New Store in Pittsburgh, PA” published on September 16, 2017, Seekingalpha.com published: “Bassett Furniture: Another Big Run Prices In A Still-Solid Story” on August 03, 2017. More interesting news about Bassett Furniture Industries Inc. (NASDAQ:BSET) were released by: Quotes.Wsj.com and their article: “Bassett Furniture Industries Inc.” published on February 11, 2011 as well as Marketwatch.com‘s news article titled: “36.30” with publication date: December 22, 2009.

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