Shares of Williams-Sonoma, Inc. (NYSE:WSM) have earned an average rating of “Hold” from the thirty analysts that are currently covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and six have given a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $51.92.
A number of analysts have recently commented on WSM shares. Buckingham Research dropped their price target on Williams-Sonoma from $53.00 to $48.00 and set a “neutral” rating on the stock in a research report on Thursday, August 24th. Credit Suisse Group AG set a $44.00 price target on Williams-Sonoma and gave the stock a “hold” rating in a research report on Thursday, August 24th. Royal Bank Of Canada boosted their price target on Williams-Sonoma from $49.00 to $50.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 24th. Bank of America Corporation reissued an “underperform” rating and issued a $40.00 price target (down from $44.00) on shares of Williams-Sonoma in a research report on Wednesday, August 23rd. Finally, Robert W. Baird set a $48.00 price target on Williams-Sonoma and gave the stock a “hold” rating in a research report on Tuesday, October 31st.
Several large investors have recently bought and sold shares of WSM. Janus Henderson Group PLC increased its stake in shares of Williams-Sonoma by 1,109.6% in the 2nd quarter. Janus Henderson Group PLC now owns 3,517,415 shares of the specialty retailer’s stock worth $170,595,000 after purchasing an additional 3,226,625 shares in the last quarter. FMR LLC increased its stake in shares of Williams-Sonoma by 115.4% in the 2nd quarter. FMR LLC now owns 2,678,423 shares of the specialty retailer’s stock worth $129,904,000 after purchasing an additional 1,435,014 shares in the last quarter. Kiltearn Partners LLP purchased a new stake in shares of Williams-Sonoma in the 2nd quarter worth $38,846,000. American Century Companies Inc. increased its stake in shares of Williams-Sonoma by 411.0% in the 3rd quarter. American Century Companies Inc. now owns 638,825 shares of the specialty retailer’s stock worth $31,852,000 after purchasing an additional 513,822 shares in the last quarter. Finally, First Trust Advisors LP increased its stake in shares of Williams-Sonoma by 369.9% in the 2nd quarter. First Trust Advisors LP now owns 625,220 shares of the specialty retailer’s stock worth $30,323,000 after purchasing an additional 492,159 shares in the last quarter. Hedge funds and other institutional investors own 98.93% of the company’s stock.
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Shares of Williams-Sonoma (WSM) traded up $1.10 on Thursday, hitting $51.35. The stock had a trading volume of 1,973,000 shares, compared to its average volume of 1,634,061. Williams-Sonoma has a 12-month low of $42.68 and a 12-month high of $56.94. The company has a market cap of $4,309.14, a PE ratio of 14.52, a P/E/G ratio of 1.08 and a beta of 0.91.
Williams-Sonoma (NYSE:WSM) last issued its quarterly earnings results on Wednesday, August 23rd. The specialty retailer reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.02. Williams-Sonoma had a return on equity of 25.43% and a net margin of 5.96%. The firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.20 billion. During the same period in the previous year, the firm posted $0.58 EPS. The business’s revenue for the quarter was up 3.7% compared to the same quarter last year. research analysts forecast that Williams-Sonoma will post 3.59 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 22nd. Stockholders of record on Friday, October 27th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Thursday, October 26th. This represents a $1.56 annualized dividend and a dividend yield of 3.04%. Williams-Sonoma’s dividend payout ratio (DPR) is 44.96%.
Williams-Sonoma Company Profile
Williams-Sonoma, Inc is a multi-channel specialty retailer of products for the home. The Company operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom. It operates through two segments: e-commerce and retail. The e-commerce segment has various merchandising strategies, such as Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which sell its products through the Company’s e-commerce Websites and direct-mail catalogs.
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