Bassett Furniture Industries Future Growth

Future criteria checks 3/6

Bassett Furniture Industries is forecast to grow earnings and revenue by 95.1% and 4.6% per annum respectively while EPS is expected to grow by 94.9% per annum.

Key information

95.1%

Earnings growth rate

94.9%

EPS growth rate

Consumer Durables earnings growth	8.2%
Revenue growth rate	4.6%
Future return on equity	n/a
Analyst coverage	Low
Last updated	08 Apr 2024

Recent future growth updates

Recent updates

Merion Road Capital - Bassett Furniture: Under The Radar Stock With Compelling Risk-Reward

Apr 20

Bassett Furniture Industries (NASDAQ:BSET) Will Pay A Larger Dividend Than Last Year At $0.16

Jul 18

Bassett Furniture raises dividend by 14% to $0.16/share

Jul 14

A Look At The Fair Value Of Bassett Furniture Industries, Incorporated (NASDAQ:BSET)

Jul 13

Bassett Furniture: EPS +43% And Above Consensus, 12% Dividend Yield, 61% Net Cash

Apr 07

Why We Think Bassett Furniture Industries, Incorporated's (NASDAQ:BSET) CEO Compensation Is Not Excessive At All

Mar 03

Bassett Furniture Industries: A Decent Company At A Great Price

Jan 31

When Should You Buy Bassett Furniture Industries, Incorporated (NASDAQ:BSET)?

Jan 21

Bassett: +41% EPS, 33% Net Cash And 5x P/E Make For An Attractive Buying Opportunity

Oct 05

Should You Think About Buying Bassett Furniture Industries, Incorporated (NASDAQ:BSET) Now?

Sep 12

Statutory Profit Doesn't Reflect How Good Bassett Furniture Industries' (NASDAQ:BSET) Earnings Are

Jul 08

Bassett Furniture: Q2 Earnings Beat 2x, 8.6 P/E, 24% Net Cash, Record Orders

Jul 02

Does It Make Sense To Buy Bassett Furniture Industries, Incorporated (NASDAQ:BSET) For Its Yield?

Mar 04

Why It Might Not Make Sense To Buy Bassett Furniture Industries, Incorporated (NASDAQ:BSET) For Its Upcoming Dividend

Feb 06

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) Analysts Are Pretty Bullish On The Stock After Recent Results

Jan 23

At US$21.50, Is It Time To Put Bassett Furniture Industries, Incorporated (NASDAQ:BSET) On Your Watch List?

Jan 22

Earnings and Revenue Growth Forecasts

NasdaqGS:BSET - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
11/30/2026	413	12	3	21	1
11/30/2025	398	11	5	20	2
11/30/2024	369	2	-5	8	2
3/2/2024	369	-6	-6	10	N/A
11/25/2023	390	-3	1	19	N/A
8/26/2023	416	6	1	20	N/A
5/27/2023	447	17	-4	12	N/A
2/25/2023	475	23	-27	-5	N/A
11/26/2022	486	25	-24	-3	N/A
8/27/2022	479	25	-32	-11	N/A
5/28/2022	466	20	-26	-6	N/A
2/26/2022	447	18	0	12	N/A
11/27/2021	431	17	4	15	N/A
8/28/2021	435	19	22	33	N/A
5/29/2021	422	17	47	54	N/A
2/27/2021	375	-8	41	47	N/A
11/28/2020	338	-11	31	37	N/A
8/29/2020	381	-22	20	29	N/A
5/30/2020	399	-22	2	13	N/A
2/29/2020	443	-1	7	20	N/A
11/30/2019	452	-2	-8	10	N/A
8/31/2019	455	5	0	16	N/A
6/1/2019	459	6	2	21	N/A
3/2/2019	467	10	-5	15	N/A
11/24/2018	457	8	12	30	N/A
8/25/2018	458	11	16	33	N/A
5/26/2018	460	13	13	27	N/A
2/24/2018	457	14	N/A	33	N/A
11/25/2017	453	18	N/A	37	N/A
8/26/2017	448	18	N/A	35	N/A
5/27/2017	439	18	N/A	38	N/A
2/25/2017	431	15	N/A	39	N/A
11/26/2016	432	16	N/A	39	N/A
8/27/2016	434	16	N/A	40	N/A
5/28/2016	440	17	N/A	35	N/A
2/27/2016	445	18	N/A	38	N/A
11/28/2015	431	20	N/A	34	N/A
8/29/2015	410	18	N/A	25	N/A
5/30/2015	384	16	N/A	26	N/A
2/28/2015	358	14	N/A	24	N/A
11/29/2014	341	9	N/A	30	N/A
8/30/2014	329	7	N/A	29	N/A
5/31/2014	321	6	N/A	22	N/A
3/1/2014	317	5	N/A	14	N/A
11/30/2013	321	5	N/A	11	N/A
8/31/2013	315	20	N/A	1	N/A
6/1/2013	302	22	N/A	3	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BSET is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).

Earnings vs Market: BSET is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: BSET is expected to become profitable in the next 3 years.

Revenue vs Market: BSET's revenue (4.6% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: BSET's revenue (4.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if BSET's Return on Equity is forecast to be high in 3 years time

Bassett Furniture Industries Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 70%

Price target decreased by 27% to US$19.82

Consensus EPS estimates fall by 16%

Price target decreased by 11% to US$27.00

Consensus EPS estimates fall by 20%

Price target decreased to US$31.50

Recent updates

Merion Road Capital - Bassett Furniture: Under The Radar Stock With Compelling Risk-Reward

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Bassett Furniture: Great Brand, Lousy Investment

Fourth quarter dividend of US$0.18 announced

Bassett Furniture Industries, Incorporated Declares Quarterly Dividend, Payable on May 31, 2024

Upcoming dividend of US$0.18 per share at 4.7% yield

Bassett Furniture Industries, Incorporated, Annual General Meeting, Mar 06, 2024

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Bassett Furniture Industries, Incorporated Reports Unaudited Consolidated Goodwill Impairment Charge for the Fourth Quarter Ended November 25, 2023

Now 22% overvalued after recent price rise

Bassett Furniture Industries, Incorporated Reports Unaudited Consolidated Goodwill Impairment Charge for the Fourth Quarter Ended November 25, 2023

Bassett Furniture Industries Declares Quarterly Dividend, Payable on March 1, 2024

Bassett Furniture Industries, Inc. Announces Retirement of David C. Baker as Senior Vice President, Chief Retail Officer

Bassett Furniture Industries, Inc. Announces Retirement of David C. Baker as Senior Vice President, Chief Retail Officer

Upcoming dividend of US$0.18 per share at 4.6% yield

Insufficient new directors

Bassett Furniture Industries, Inc. Announces Regular Fourth Quarter Dividend, Payable on November 24, 2023

Consensus EPS estimates fall by 70%

Third quarter 2023 earnings: EPS misses analyst expectations

Bassett Furniture Industries, Incorporated to Report Q3, 2023 Results on Sep 28, 2023

Bassett Furniture Industries, Incorporated to Report Q3, 2023 Results on Sep 28, 2023

Price target decreased by 27% to US$19.82

Upcoming dividend of US$0.18 per share at 4.3% yield

Bassett Furniture Industries Declares Quarterly Dividend, Payable on August 25, 2023

Consensus EPS estimates fall by 16%

Second quarter 2023 earnings released: EPS: US$0.24 (vs US$0.81 in 2Q 2022)

Now 21% undervalued after recent price drop

Upcoming dividend of US$0.16 per share at 4.4% yield

Now 22% undervalued after recent price drop

Price target decreased by 11% to US$27.00

First quarter 2023 earnings: EPS misses analyst expectations

Now 21% undervalued

Now 21% undervalued after recent price drop

Bassett Furniture Industries, Incorporated, Annual General Meeting, Mar 08, 2023

Upcoming dividend of US$0.16 per share at 3.3% yield

Consensus EPS estimates fall by 20%

Now 21% undervalued

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Bassett Furniture Industries, Inc. Announces Regular Quarterly Dividend, Payable on February 24, 2023

CSC Generation Holdings, Inc. cancelled the acquisition of the remaining stake in Bassett Furniture Industries, Incorporated (NasdaqGS:BSET).

Bassett Furniture: 2 Takeover Offers, 12% Dividend, 52% Net Cash

CSC Generation Holdings, Inc. proposed to acquire the remaining stake in Bassett Furniture Industries, Incorporated (NasdaqGS:BSET).

President recently bought US$78k worth of stock

Bassett Furniture Industries, Incorporated Declares Regular Quarterly Dividend, Payable on November 25, 2022

Bassett Furniture declares $0.16 dividend

Now 21% undervalued after recent price drop

Bassett Furniture GAAP EPS of $0.82, revenue of $118.01M

Bassett Furniture Industries, Incorporated (NasdaqGS:BSET) acquired Noa Home Inc. for CAD 11.7 million.

Bassett Furniture Industries acquires online retailer Noa Home

Now 20% undervalued

Price target decreased to US$31.50

Upcoming dividend of US$0.16 per share

Bassett Furniture Industries (NASDAQ:BSET) Will Pay A Larger Dividend Than Last Year At $0.16

Bassett Furniture Industries, Inc. Increases Regular Quarterly Dividend, Payable on August 26, 2022

Bassett Furniture raises dividend by 14% to $0.16/share

A Look At The Fair Value Of Bassett Furniture Industries, Incorporated (NASDAQ:BSET)

Consensus EPS estimates increase by 223%

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target decreased to US$32.50

Upcoming dividend of US$0.14 per share

Bassett Furniture: EPS +43% And Above Consensus, 12% Dividend Yield, 61% Net Cash

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of US$1.50 per share

Investor sentiment improved over the past week

Why We Think Bassett Furniture Industries, Incorporated's (NASDAQ:BSET) CEO Compensation Is Not Excessive At All

Lead Independent Director recently bought US$162k worth of stock

Bassett Furniture Industries, Incorporated, Annual General Meeting, Mar 09, 2022

Upcoming dividend of US$0.14 per share

Full year 2021 earnings: EPS and revenues exceed analyst expectations