How to Buy Bassett Furniture Industries Stock
Bassett Furniture Industries Inc
Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally.
Bassett Furniture Industries stock last closed at $13.48, up 0.6% from the previous day, and has decreased 7.35% in one year. It has underperformed other stocks in the Furnishings Fixtures & Appliances industry by 0.07 percentage points. Bassett Furniture Industries stock is currently +3.53% from its 52-week low of $13.02, and -24.65% from its 52-week high of $17.89.
As of Apr 24, 2024, there are 8.83M shares of BSET outstanding. The market value of BSET is $119.01M. In the last 24 hours, 5442 BSET shares were traded.
How to Buy Bassett Furniture Industries Stock
Wondering how to invest in Bassett Furniture Industries stock? Here's how.
- Decide where to buy Bassett Furniture Industries stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Bassett Furniture Industries stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Choose your payment method and add your information.
- Evaluate Bassett Furniture Industries stock: The Bassett Furniture Industries ticker symbol is BSET. Is Bassett Furniture Industries stock a good investment? Should you buy shares of BSET? How do BSET's underlying business fundamentals look? Do top analysts think Bassett Furniture Industries is a good buy? Why has BSET's stock price moved recently? (Hint: Our stock market research tools can help you figure out if BSET is a good stock to buy).
- Place your BSET purchase: Decide if you will purchase BSET shares at the current market price or use a limit order to buy BSET shares at a particular price.
- Monitor your BSET position: Create a watchlist to get live updates on your new investment in Bassett Furniture Industries stock.
Step 1: Decide where to buy Bassett Furniture Industries stock
You need an online brokerage account to access the NASDAQ market and buy BSET stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal information so you can invest in BSET today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Put funds into your investment account
Now that you have finished signing up on the best stock market app, you can securely and quickly fund your account:
Watch this video walkthrough for more details transferring funds into your new brokerage account.
Step 4: Evaluate Bassett Furniture Industries stock
Once you have decided on the best place to buy Bassett Furniture Industries stock, it's crucial to evaluate their stock prior to buying, so you can wrap your head around the risk as well as the opportunity.
Bassett Furniture Industries Numbers
BSET Due Diligence Checks
WallStreetZen was created to help part-time investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on BSET's stock page.
Is BSET stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge BSET's true value.
Using relative valuations measures:
- BSET could be undervalued based on its P/B ratio of 0.66x, relative to Furnishings Fixtures & Appliances industry P/B ratio of 2.18x
You can access more valuation analysis on BSET's stock here.
BSET Financial Health
Signs that BSET is financially healthy:
- There are more short-term assets than long-term liabilities on the BSET balance sheet.
- BSET has $58.38M in cash and short term investments. This is sufficient to cover its annual cash burn of $5.30M.
- There are more short-term assets than short-term liabilities on the BSET balance sheet.
- BSET has cash burn of 5302000. It has sufficient cash and short-term investments to cover this for at least one year.
Signs that BSET is not financially healthy:
- BSET profit margin has gone down from 12.9% to -1.6% in the past year.
- BSET has a relatively high debt to equity ratio of 1.
- Total BSET debt is higher than 5 years ago, relative to shareholder equity.
You can dive deeper into what analysts are projecting on the Bassett Furniture Industries stock forecast page.
BSET Trading Indicators
BSET Performance Metrics
Last year, BSET revenue was $368.99M. In the last 5 year, BSET's revenue has increased by -4.62% per year. This was slower than the Furnishings Fixtures & Appliances industry average of 19.79%.
You can analyze BSET's earnings and revenue performance here.
Are BSET insiders buying or selling the stock?
Over the past 12 months, executives and large shareholders at BSET have bought more shares than they have sold.
John Walter McDowell, Director of BSET, was the latest BSET insider to buy. They bought $14,667.00 worth of BSET stock on Apr 4, 2024.
Get more info about who owns BSET shares here.
Can I get consistent income from BSET stock?
Bassett Furniture Industries pays a dividend of 5.19%, compared to the Furnishings Fixtures & Appliances industry's average dividend yield of 3.76%. If you owned $1,000 worth of BSET stock, you would have received $51.93 last year.
Bassett Furniture Industries dividend payments have consistently grown over the past decade but have not remained stable.
Find more data about Bassett Furniture Industries dividend yield and history here.
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Step 5: Place your BSET purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular price limit, place a limit order.
Press the Open button and your broker will execute your order.
If you need additional help with buying stocks on eToro, watch the how to video below:
Step 6: Monitor your BSET position
Now that you own some shares in BSET, you'll want to keep up with your stock purchase.
Add BSET to a watchlist to get the latest updates about your BSET stock.
BSET Feed
How to Buy Stock in Bassett Furniture Industries
To summarize, here are the 6 steps you need to take to buy Bassett Furniture Industries stock right now:
- Decide where to buy Bassett Furniture Industries stock
- Open a brokerage account
- Put funds into your investment account
- Evaluate Bassett Furniture Industries stock
- Place your BSET purchase
- Monitor your BSET position
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Bassett Furniture Industries, add BSET to your watchlist by clicking the button below.
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