Bassett Furniture (BSET, $17.13) beats fiscal Q2 earnings expectations
Bassett Furniture Industries Inc. reported fiscal second-quarter earnings of $0.81 per share that exceeded the consensus of $0.45.
Revenue grew + 17% year-on-year to $128.71 million, exceeding the consensus of $117.38 million.
Wholesale sales climbed +15.3% Y/Y, while Retail increased by +21%.
Gross margin fell -70 basis points to 51.2%. However, the operating margin widened from 6.4% in the year-ago period to 8.6% in the quarter. Operating income for the quarter surged +55.4% year-over-year to $11 million.
BSET's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for BSET turned positive on February 11, 2025. Looking at past instances where BSET's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on March 05, 2025. You may want to consider a long position or call options on BSET as a result. In of 94 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
BSET moved above its 50-day moving average on February 12, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for BSET crossed bullishly above the 50-day moving average on February 12, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BSET advanced for three days, in of 282 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 252 cases where BSET Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for BSET moved out of overbought territory on March 03, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 32 similar instances where the indicator moved out of overbought territory. In of the 32 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BSET declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BSET broke above its upper Bollinger Band on February 13, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.721) is normal, around the industry mean (7.048). P/E Ratio (21.096) is within average values for comparable stocks, (29.603). Projected Growth (PEG Ratio) (1.252) is also within normal values, averaging (1.278). Dividend Yield (0.047) settles around the average of (0.030) among similar stocks. P/S Ratio (0.338) is also within normal values, averaging (1.000).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. BSET’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock slightly better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
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General Information
a retailer of imports home furnishings
Industry HomeFurnishings