Williams-Sonoma, Inc. (NYSE:WSM) – Analysts at Jefferies Group issued their FY2020 earnings per share (EPS) estimates for Williams-Sonoma in a report released on Thursday. Jefferies Group analyst D. Binder forecasts that the firm will earn $4.12 per share for the year. Jefferies Group has a “Hold” rating and a $54.00 price target on the stock.
Several other equities analysts also recently issued reports on the stock. Zacks Investment Research downgraded shares of Williams-Sonoma from a “hold” rating to a “sell” rating in a report on Saturday, January 7th. Wedbush cut their price target on shares of Williams-Sonoma from $53.00 to $48.00 and set a “neutral” rating on the stock in a report on Monday, March 6th. Robert W. Baird downgraded shares of Williams-Sonoma from an “outperform” rating to a “neutral” rating in a report on Tuesday, January 31st. Nomura reiterated a “buy” rating and issued a $65.00 price target on shares of Williams-Sonoma in a report on Monday, November 21st. Finally, Loop Capital initiated coverage on shares of Williams-Sonoma in a report on Wednesday, January 4th. They issued a “hold” rating and a $54.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and seven have issued a buy rating to the company. Williams-Sonoma currently has a consensus rating of “Hold” and an average target price of $55.68.
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Williams-Sonoma (NYSE:WSM) opened at 49.60 on Monday. The stock has a market cap of $4.36 billion, a P/E ratio of 14.75 and a beta of 0.97. Williams-Sonoma has a one year low of $45.96 and a one year high of $61.97. The firm’s 50-day moving average is $48.19 and its 200 day moving average is $50.00.
Williams-Sonoma (NYSE:WSM) last issued its quarterly earnings results on Wednesday, March 15th. The company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.51 by $0.04. Williams-Sonoma had a net margin of 5.93% and a return on equity of 26.59%. The business had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same quarter in the previous year, the firm earned $1.55 earnings per share. The company’s revenue for the quarter was down .3% on a year-over-year basis.
A number of hedge funds and other institutional investors have recently made changes to their positions in WSM. Advisory Services Network LLC raised its position in shares of Williams-Sonoma by 12.7% in the third quarter. Advisory Services Network LLC now owns 2,091 shares of the company’s stock worth $107,000 after buying an additional 236 shares during the last quarter. Franklin Resources Inc. purchased a new position in shares of Williams-Sonoma during the fourth quarter worth $123,000. Massmutual Trust Co. FSB ADV purchased a new position in shares of Williams-Sonoma during the fourth quarter worth $177,000. Girard Securities Inc. purchased a new position in shares of Williams-Sonoma during the fourth quarter worth $200,000. Finally, Brown Advisory Inc. purchased a new position in shares of Williams-Sonoma during the fourth quarter worth $201,000. Institutional investors own 98.01% of the company’s stock.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 26th. Shareholders of record on Friday, April 28th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Wednesday, April 26th. This represents a $1.56 dividend on an annualized basis and a yield of 3.15%. This is a positive change from Williams-Sonoma’s previous quarterly dividend of $0.37. Williams-Sonoma’s dividend payout ratio (DPR) is presently 44.18%.
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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