Shares of Williams-Sonoma, Inc. (NYSE:WSM) have earned an average rating of “Hold” from the twenty brokerages that are covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, fourteen have given a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $59.33.
Several research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Williams-Sonoma from a “sell” rating to a “hold” rating in a report on Saturday, January 26th. Evercore ISI began coverage on shares of Williams-Sonoma in a report on Wednesday, March 20th. They issued an “in-line” rating and a $60.00 target price for the company. ValuEngine downgraded shares of Williams-Sonoma from a “hold” rating to a “sell” rating in a report on Tuesday, December 25th. JPMorgan Chase & Co. lowered their target price on shares of Williams-Sonoma from $55.00 to $54.00 and set an “underweight” rating for the company in a report on Monday, March 18th. Finally, William Blair reiterated a “market perform” rating on shares of Williams-Sonoma in a report on Thursday, March 21st.
Large investors have recently modified their holdings of the business. IMS Capital Management bought a new position in Williams-Sonoma during the third quarter worth about $33,000. Pinnacle Bank bought a new position in Williams-Sonoma during the fourth quarter worth about $36,000. Truvestments Capital LLC bought a new position in Williams-Sonoma during the first quarter worth about $55,000. Kessler Investment Group LLC bought a new position in Williams-Sonoma during the first quarter worth about $64,000. Finally, IFP Advisors Inc boosted its position in Williams-Sonoma by 108.0% during the fourth quarter. IFP Advisors Inc now owns 1,504 shares of the specialty retailer’s stock worth $75,000 after purchasing an additional 781 shares during the period.
Williams-Sonoma stock opened at $57.31 on Thursday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.53 and a current ratio of 1.58. Williams-Sonoma has a 12-month low of $45.01 and a 12-month high of $73.99. The firm has a market cap of $4.50 billion, a P/E ratio of 12.85, a P/E/G ratio of 1.73 and a beta of 0.94.
Williams-Sonoma (NYSE:WSM) last released its earnings results on Wednesday, March 20th. The specialty retailer reported $2.10 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.97 by $0.13. Williams-Sonoma had a net margin of 5.88% and a return on equity of 32.48%. The company had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.80 billion. During the same quarter in the previous year, the company earned $1.68 EPS. Williams-Sonoma’s quarterly revenue was up 9.3% compared to the same quarter last year. On average, equities research analysts expect that Williams-Sonoma will post 4.58 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, April 26th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 3.35%. The ex-dividend date is Thursday, April 25th. This is a positive change from Williams-Sonoma’s previous quarterly dividend of $0.43. Williams-Sonoma’s dividend payout ratio (DPR) is currently 38.57%.
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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