Robert W. Baird set a $48.00 price target on Williams-Sonoma, Inc. (NYSE:WSM) in a report released on Tuesday, October 31st. The brokerage currently has a hold rating on the specialty retailer’s stock.
WSM has been the topic of a number of other reports. Zacks Investment Research upgraded Williams-Sonoma from a hold rating to a buy rating and set a $50.00 price target on the stock in a report on Wednesday, August 16th. Jefferies Group LLC restated a hold rating and set a $49.00 price target on shares of Williams-Sonoma in a report on Thursday, September 28th. Royal Bank Of Canada increased their price target on Williams-Sonoma from $49.00 to $50.00 and gave the stock a sector perform rating in a report on Thursday, August 24th. Oppenheimer Holdings, Inc. restated a hold rating on shares of Williams-Sonoma in a report on Thursday, August 24th. Finally, J P Morgan Chase & Co reiterated an overweight rating and issued a $60.00 target price (down from $64.00) on shares of Williams-Sonoma in a report on Thursday, August 24th. Seven research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and five have assigned a buy rating to the company’s stock. Williams-Sonoma currently has a consensus rating of Hold and a consensus target price of $52.01.
Williams-Sonoma (NYSE WSM) traded down $7.09 during trading hours on Tuesday, reaching $45.78. 16,017,721 shares of the company’s stock were exchanged, compared to its average volume of 2,156,397. The firm has a market cap of $3,867.40, a P/E ratio of 13.04, a PEG ratio of 0.99 and a beta of 0.91. Williams-Sonoma has a twelve month low of $42.68 and a twelve month high of $56.94.
Williams-Sonoma (NYSE:WSM) last released its earnings results on Thursday, November 16th. The specialty retailer reported $0.84 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.84. The business had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.29 billion. Williams-Sonoma had a net margin of 5.94% and a return on equity of 25.45%. The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.78 EPS. analysts forecast that Williams-Sonoma will post 3.56 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 22nd. Shareholders 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 yield of 3.41%. Williams-Sonoma’s dividend payout ratio is currently 44.19%.
A number of hedge funds and other institutional investors have recently modified their holdings of WSM. Ffcm LLC bought a new position in Williams-Sonoma in the 3rd quarter worth about $125,000. Alpha Omega Wealth Management LLC boosted its position in shares of Williams-Sonoma by 828.3% during the 2nd quarter. Alpha Omega Wealth Management LLC now owns 2,785 shares of the specialty retailer’s stock valued at $135,000 after acquiring an additional 2,485 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Williams-Sonoma by 10.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,911 shares of the specialty retailer’s stock valued at $141,000 after acquiring an additional 274 shares during the last quarter. IFP Advisors Inc boosted its position in shares of Williams-Sonoma by 39.8% during the 2nd quarter. IFP Advisors Inc now owns 2,945 shares of the specialty retailer’s stock valued at $143,000 after acquiring an additional 838 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. boosted its position in shares of Williams-Sonoma by 7.1% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 3,750 shares of the specialty retailer’s stock valued at $182,000 after acquiring an additional 250 shares during the last quarter. Institutional investors and hedge funds own 99.33% of the company’s stock.
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.
Receive News & Ratings for Williams-Sonoma Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams-Sonoma Inc. and related companies with our FREE daily email newsletter.