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Lowest Price to Last Quarter Annualized Sales Ratio in the Home Furnishings Industry Detected in Shares of Bassett Furn (BSET, FLXS, HOFT, ETH, LZB)

By David Diaz

Below are the three companies in the Home Furnishings industry with the lowest Price to Last Quarter Annualized (LQA) Sales ratios. Price/LQA Sales is a valuable metric used to compare comparable companies using the most recent sales data on an annualized basis. Generally, the lower the ratio, the more undervalued the company.

Bassett Furn ranks lowest with a price to last quarter annualized sales ratio of 0.06. Following is Flexsteel Inds with a price to last quarter annualized sales ratio of 0.06. Hooker Furniture ranks third lowest with a price to last quarter annualized sales ratio of 0.10.

Ethan Allen follows with a price to last quarter annualized sales ratio of 0.13, and La-Z-Boy Inc rounds out the bottom five with a price to last quarter annualized sales ratio of 0.26.

SmarTrend recommended that its subscribers protect gains by selling shares of Bassett Furn on January 24th, 2020 by issuing a Downtrend alert when the shares were trading at $14.64. Since that call, shares of Bassett Furn have fallen 28.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest price to last quarter annualized sales ratio bassett furn flexsteel inds hooker furniture ethan allen la-z-boy inc

Ticker(s): BSET FLXS HOFT ETH LZB