Virginia Hamlet - Bassett Furniture Director
| BSET Stock | USD 13.47 0.01 0.07% |
Director
Ms. Virginia W. Hamlet is Independent Director of the Company. After receiving her B.S. degree in architecture from the University of Virginia. She Owner of Hamlet Vineyards Director of the Harvest Foundation Member of the Board of Trustees of Averett University from 2011 to 2015 since 2018.
| Age | 55 |
| Tenure | 6 years |
| Address | 3525 Fairystone Park Highway, Bassett, VA, United States, 24055 |
| Phone | 276 629 6000 |
| Web | https://www.bassettfurniture.com |
Bassett Furniture Management Efficiency
Return On Tangible Assets is likely to gain to -0.0073 in 2024. Return On Capital Employed is likely to drop to 0.04 in 2024. Non Current Liabilities Total is likely to gain to about 131.7 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 57.9 M in 2024. Bassett Furniture's management efficiency ratios could be used to measure how well Bassett Furniture manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | -0.031 | ||||
| Return On Asset | -0.0071 |
Bassett Furniture Leadership Team
Elected by the shareholders, the Bassett Furniture's board of directors comprises two types of representatives: Bassett Furniture inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bassett. The board's role is to monitor Bassett Furniture's management team and ensure that shareholders' interests are well served. Bassett Furniture's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bassett Furniture's outside directors are responsible for providing unbiased perspectives on the board's policies.
| John Bassett, Senior Vice President - Global Sourcing | ||
| Mark Jordan, Sr. VP of Upholstery | ||
| Michael Daniel, CFO, Chief Accounting Officer and Sr. VP | ||
| John Daniel, CFO, Senior Vice President | ||
| William Wampler, Independent Director | ||
| Robert Spilman, CEO and President and Director | ||
| Jay Esq, Secretary VP | ||
| Virginia Hamlet, Director | ||
| Howard Haworth, Independent Director | ||
| Kara KelchnerStrong, Senior Officer | ||
| Ann Zaccaria, Vice President - Real Estate and New Store Development | ||
| David Baker, Senior Vice President - Corporate Retail | ||
| Kristina Cashman, Independent Director | ||
| Paul Fulton, Chairman of the Board | ||
| Peter Brown, Independent Director | ||
| William Warden, Independent Director | ||
| George Henderson, Independent Director | ||
| J McDowell, Independent Director | ||
| Brian Claspell, Senior Officer | ||
| Bruce Cohenour, Sr. VP of Sales and Merchandising | ||
| Walter McDowell, Independent Director | ||
| Jack Hawn, President and CEO of Zenith Freight Lines, LLC | ||
| Edward White, Vice Resources | ||
| Jay Hervey, Vice President - Real Estate, General Counsel, Secretary | ||
| John III, Senior Officer | ||
| Peter Morrison, VP Officer | ||
| Dale Pond, Independent Director | ||
| John Belk, Independent Director |
Bassett Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Bassett Furniture a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.031 | ||||
| Return On Asset | -0.0071 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | (0.03) % | ||||
| Current Valuation | 173.47 M | ||||
| Shares Outstanding | 8.83 M | ||||
| Shares Owned By Insiders | 7.57 % | ||||
| Shares Owned By Institutions | 54.57 % | ||||
| Number Of Shares Shorted | 21.47 K | ||||
| Price To Earning | 5.88 X |
Pair Trading with Bassett Furniture
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bassett Furniture position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bassett Furniture will appreciate offsetting losses from the drop in the long position's value.Moving together with Bassett Stock
| 0.69 | VIOT | Viomi Technology ADR | PairCorr |
Moving against Bassett Stock
| 0.88 | KEQU | Kewaunee Scientific | PairCorr |
| 0.77 | SN | SharkNinja | PairCorr |
| 0.7 | FLXS | Flexsteel Industries Earnings Call This Week | PairCorr |
| 0.68 | HBB | Hamilton Beach Brands | PairCorr |
| 0.55 | AN | AutoNation Buyout Trend | PairCorr |
The ability to find closely correlated positions to Bassett Furniture could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bassett Furniture when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bassett Furniture - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bassett Furniture Industries to buy it.
The correlation of Bassett Furniture is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bassett Furniture moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bassett Furniture moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bassett Furniture can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bassett Furniture Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Bassett Furniture information on this page should be used as a complementary analysis to other Bassett Furniture's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Bassett Stock analysis
When running Bassett Furniture's price analysis, check to measure Bassett Furniture's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bassett Furniture is operating at the current time. Most of Bassett Furniture's value examination focuses on studying past and present price action to predict the probability of Bassett Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bassett Furniture's price. Additionally, you may evaluate how the addition of Bassett Furniture to your portfolios can decrease your overall portfolio volatility.
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Is Bassett Furniture's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bassett Furniture. If investors know Bassett will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bassett Furniture listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Dividend Share 0.7 | Earnings Share (0.66) | Revenue Per Share 42.156 | Quarterly Revenue Growth (0.20) |
The market value of Bassett Furniture is measured differently than its book value, which is the value of Bassett that is recorded on the company's balance sheet. Investors also form their own opinion of Bassett Furniture's value that differs from its market value or its book value, called intrinsic value, which is Bassett Furniture's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bassett Furniture's market value can be influenced by many factors that don't directly affect Bassett Furniture's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bassett Furniture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bassett Furniture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bassett Furniture's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.