Somewhat Positive News Coverage Somewhat Unlikely to Impact Williams-Sonoma (NYSE:WSM) Share Price

News stories about Williams-Sonoma (NYSE:WSM) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Williams-Sonoma earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned media coverage about the specialty retailer an impact score of 46.9349842692188 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news stories that may have effected Accern’s analysis:

Shares of WSM stock traded up $0.93 during trading hours on Thursday, reaching $52.77. The company had a trading volume of 1,809,579 shares, compared to its average volume of 1,733,718. The company has a quick ratio of 0.57, a current ratio of 1.62 and a debt-to-equity ratio of 0.25. The company has a market cap of $4,326.60, a P/E ratio of 17.42, a price-to-earnings-growth ratio of 0.94 and a beta of 0.82. Williams-Sonoma has a 1-year low of $42.68 and a 1-year high of $56.38.

Williams-Sonoma (NYSE:WSM) last posted its quarterly earnings results on Wednesday, March 14th. The specialty retailer reported $1.68 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.61 by $0.07. The company had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.65 billion. Williams-Sonoma had a return on equity of 26.06% and a net margin of 4.90%. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.55 EPS. research analysts anticipate that Williams-Sonoma will post 4.18 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 25th. Investors of record on Friday, April 27th will be paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 3.26%. The ex-dividend date is Thursday, April 26th. This is an increase from Williams-Sonoma’s previous quarterly dividend of $0.39. Williams-Sonoma’s dividend payout ratio (DPR) is presently 51.49%.

Williams-Sonoma declared that its board has initiated a share buyback program on Wednesday, March 14th that permits the company to buyback $286.00 million in shares. This buyback authorization permits the specialty retailer to reacquire shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its shares are undervalued.

A number of brokerages recently issued reports on WSM. Zacks Investment Research cut Williams-Sonoma from a “hold” rating to a “sell” rating in a report on Saturday, January 13th. Barclays set a $45.00 price target on Williams-Sonoma and gave the company a “sell” rating in a report on Thursday, March 15th. BTIG Research boosted their target price on Williams-Sonoma to $47.00 and gave the company a “sell” rating in a research note on Thursday, March 15th. Moffett Nathanson initiated coverage on Williams-Sonoma in a research note on Monday, December 4th. They issued a “neutral” rating on the stock. Finally, Wolfe Research boosted their price target on Williams-Sonoma from $52.00 to $55.00 and gave the stock a “peer perform” rating in a research report on Thursday, March 15th. Six investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and two have given a buy rating to the company. Williams-Sonoma has an average rating of “Hold” and a consensus price target of $51.21.

In other Williams-Sonoma news, CEO Laura Alber sold 97,965 shares of the stock in a transaction dated Monday, March 19th. The stock was sold at an average price of $54.21, for a total transaction of $5,310,682.65. Following the completion of the transaction, the chief executive officer now owns 264,621 shares in the company, valued at approximately $14,345,104.41. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.00% of the stock is currently owned by corporate insiders.

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About Williams-Sonoma

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.

Insider Buying and Selling by Quarter for Williams-Sonoma (NYSE:WSM)

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