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BSET - Bassett: Positive EPS Surprise Orders Skyrocket On Strong Housing Outlook
October, 02 2020 12:14 PM
Bassett Furniture Industries Incorporated
Our short-term price target of $24.00 for this stock suggests 55% upside, while our long-term price target suggests 100% upside. August New Orders +40% - best in decade, Wholesale Backlog +223% YoY. Bassett’s outlook to produce greater EPS results in the future looks even more certain given the strong housing. The stock price was up 15% in response to the earnings news. Huge Positive Earnings Revision on Record 20-year high USA Housing Market. For further details see:
Bassett: Positive EPS Surprise, Orders Skyrocket On Strong Housing Outlook
Stock Information
Company Name:
Bassett Furniture Industries Incorporated
Stock Symbol:
BSET
Market:
NASDAQ
Website:
bassettfurniture.com
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