Williams-Sonoma, Inc. (NYSE:WSM) has been given a consensus rating of “Hold” by the twenty-two research firms that are currently covering the company, MarketBeat reports. Four research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $66.44.
Several research analysts have weighed in on WSM shares. Wolfe Research initiated coverage on Williams-Sonoma in a research report on Tuesday, October 8th. They issued a “hold” rating and a $76.00 price objective on the stock. JPMorgan Chase & Co. lifted their target price on Williams-Sonoma from $55.00 to $64.00 and gave the stock an “underweight” rating in a research note on Thursday, August 29th. Argus increased their price target on shares of Williams-Sonoma from $80.00 to $81.00 and gave the stock a “buy” rating in a research note on Monday. They noted that the move was a valuation call. Barclays assumed coverage on Williams-Sonoma in a report on Tuesday, November 12th. They set an “overweight” rating and a $77.00 target price on the stock. Finally, UBS Group increased their price objective on shares of Williams-Sonoma from $65.00 to $70.00 and gave the company a “neutral” rating in a research report on Thursday, August 29th.
In related news, insider Alex Bellos sold 4,820 shares of the stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $65.25, for a total value of $314,505.00. Following the transaction, the insider now owns 8,177 shares of the company’s stock, valued at $533,549.25. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Laura Alber sold 35,000 shares of the firm’s stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $70.57, for a total value of $2,469,950.00. Following the transaction, the chief executive officer now owns 411,861 shares in the company, valued at $29,065,030.77. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Williams-Sonoma by 1.1% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,878 shares of the specialty retailer’s stock valued at $967,000 after purchasing an additional 155 shares during the last quarter. San Francisco Sentry Investment Group CA increased its stake in shares of Williams-Sonoma by 2.9% during the 2nd quarter. San Francisco Sentry Investment Group CA now owns 5,705 shares of the specialty retailer’s stock valued at $371,000 after acquiring an additional 160 shares during the last quarter. Shulman DeMeo Asset Management LLC boosted its holdings in shares of Williams-Sonoma by 1.8% in the 3rd quarter. Shulman DeMeo Asset Management LLC now owns 9,128 shares of the specialty retailer’s stock valued at $621,000 after purchasing an additional 164 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. grew its position in Williams-Sonoma by 5.8% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,269 shares of the specialty retailer’s stock valued at $213,000 after acquiring an additional 178 shares during the period. Finally, Vision Capital Management Inc. lifted its stake in shares of Williams-Sonoma by 1.0% in the 2nd quarter. Vision Capital Management Inc. now owns 19,793 shares of the specialty retailer’s stock valued at $1,287,000 after purchasing an additional 195 shares in the last quarter. 99.21% of the stock is currently owned by institutional investors and hedge funds.
NYSE:WSM traded up $0.98 during trading hours on Friday, reaching $68.46. The company had a trading volume of 408,922 shares, compared to its average volume of 1,244,439. Williams-Sonoma has a twelve month low of $45.01 and a twelve month high of $74.15. The company has a quick ratio of 0.31, a current ratio of 1.29 and a debt-to-equity ratio of 1.26. The firm has a market cap of $5.41 billion, a price-to-earnings ratio of 15.35, a P/E/G ratio of 1.54 and a beta of 0.86. The business’s 50-day simple moving average is $69.34 and its two-hundred day simple moving average is $65.02.
Williams-Sonoma (NYSE:WSM) last released its quarterly earnings data on Thursday, November 21st. The specialty retailer reported $1.02 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.02. Williams-Sonoma had a return on equity of 33.81% and a net margin of 5.86%. The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the previous year, the company posted $0.95 earnings per share. The company’s quarterly revenue was up 6.3% on a year-over-year basis. As a group, equities analysts predict that Williams-Sonoma will post 4.74 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, October 25th were given a dividend of $0.48 per share. The ex-dividend date of this dividend was Thursday, October 24th. This represents a $1.92 annualized dividend and a dividend yield of 2.80%. Williams-Sonoma’s dividend payout ratio (DPR) is 43.05%.
Williams-Sonoma Company Profile
Williams-Sonoma, Inc operates as a multi-channel specialty retailer of various products for home. It operates through two segments, E-commerce and Retail. The company offers cooking, dining, and entertaining products, including cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma brand, as well as home furnishings and decorative accessories under the Williams Sonoma Home brand; and furniture, bedding, bathroom accessories, rugs, curtains, lighting, tabletop, outdoor, and decorative accessories under the Pottery Barn brand.
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