Shares of Williams-Sonoma, Inc. (NYSE:WSM) have been assigned an average rating of “Hold” from the thirty ratings firms that are currently covering the stock, MarketBeat.com reports. Five analysts have rated the stock with a sell recommendation, eighteen have given a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $51.92.
Several equities research analysts have recently commented on WSM shares. Credit Suisse Group AG set a $44.00 price target on Williams-Sonoma and gave the stock a “hold” rating in a research note on Thursday, August 24th. Goldman Sachs Group, Inc. (The) cut their price objective on Williams-Sonoma from $58.00 to $57.00 and set a “buy” rating for the company in a research report on Thursday, August 24th. Zacks Investment Research cut Williams-Sonoma from a “buy” rating to a “hold” rating in a research report on Friday, August 25th. Royal Bank Of Canada increased their price objective 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. Finally, Morgan Stanley cut their price objective on Williams-Sonoma from $50.00 to $48.00 and set an “equal weight” rating for the company in a research report on Thursday, August 24th.
Several institutional investors and hedge funds have recently bought and sold shares of WSM. Janus Henderson Group PLC boosted its stake in shares of Williams-Sonoma by 1,109.6% during the second quarter. Janus Henderson Group PLC now owns 3,517,415 shares of the specialty retailer’s stock valued at $170,595,000 after acquiring an additional 3,226,625 shares during the last quarter. FMR LLC boosted its stake in shares of Williams-Sonoma by 115.4% during the second quarter. FMR LLC now owns 2,678,423 shares of the specialty retailer’s stock valued at $129,904,000 after acquiring an additional 1,435,014 shares during the last quarter. Kiltearn Partners LLP acquired a new stake in shares of Williams-Sonoma during the second quarter valued at $38,846,000. American Century Companies Inc. boosted its stake in 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 buying an additional 513,822 shares during the last quarter. Finally, First Trust Advisors LP boosted its stake in 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 buying an additional 492,159 shares during the last quarter. 98.93% of the stock is currently owned by institutional investors and hedge funds.
Williams-Sonoma (NYSE:WSM) traded up $1.10 during trading 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 twelve month low of $42.68 and a twelve month high of $56.94. The stock has a market capitalization of $4,309.14, a PE ratio of 14.52, a PEG ratio of 1.08 and a beta of 0.91.
Williams-Sonoma (NYSE:WSM) last released its quarterly earnings results on Wednesday, August 23rd. The specialty retailer reported $0.61 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.59 by $0.02. Williams-Sonoma had a return on equity of 25.43% and a net margin of 5.96%. The business had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter in the prior year, the business earned $0.58 earnings per share. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. equities analysts anticipate 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. Investors of record on Friday, October 27th will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.04%. The ex-dividend date is Thursday, October 26th. Williams-Sonoma’s payout ratio is currently 44.96%.
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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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