Williams-Sonoma, Inc. (NYSE:WSM) – Stock analysts at Wedbush dropped their Q1 2019 earnings per share estimates for shares of Williams-Sonoma in a research note issued on Friday. Wedbush analyst S. Basham now forecasts that the specialty retailer will earn $0.50 per share for the quarter, down from their previous estimate of $0.52. Wedbush also issued estimates for Williams-Sonoma’s Q4 2019 earnings at $1.72 EPS.
Williams-Sonoma (NYSE:WSM) last issued its quarterly earnings results on Thursday, November 16th. The specialty retailer reported $0.84 EPS for the quarter, hitting analysts’ consensus estimates of $0.84. Williams-Sonoma had a return on equity of 25.45% and a net margin of 5.94%. The firm had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period in the previous year, the firm posted $0.78 EPS. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year.
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Other equities analysts have also recently issued reports about the company. Buckingham Research lowered their price objective on Williams-Sonoma from $53.00 to $48.00 and set a “neutral” rating on the stock in a research report on Thursday, August 24th. Credit Suisse Group set a $44.00 price objective on Williams-Sonoma and gave the company a “hold” rating in a research report on Thursday, August 24th. Royal Bank Of Canada upped their price objective on Williams-Sonoma from $49.00 to $50.00 and gave the company a “sector perform” rating in a research report on Thursday, August 24th. Bank of America Corporation reaffirmed an “underperform” rating and issued a $40.00 price objective (down from $44.00) on shares of Williams-Sonoma in a research report on Wednesday, August 23rd. Finally, Robert W. Baird set a $48.00 price objective on Williams-Sonoma and gave the company a “hold” rating in a research report on Tuesday, October 31st. Seven investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $52.01.
Shares of Williams-Sonoma (NYSE:WSM) traded down $7.09 on Monday, hitting $45.78. The stock had a trading volume of 16,035,200 shares, compared to its average volume of 1,701,440. Williams-Sonoma has a 12-month low of $42.68 and a 12-month high of $56.94. The company has a market cap of $3,900.00, a PE ratio of 13.04, a P/E/G ratio of 0.99 and a beta of 0.91.
Several large investors have recently bought and sold shares of the company. Ffcm LLC purchased a new stake in Williams-Sonoma in the 3rd quarter worth $125,000. Alpha Omega Wealth Management LLC increased its stake in Williams-Sonoma by 828.3% in the 2nd quarter. Alpha Omega Wealth Management LLC now owns 2,785 shares of the specialty retailer’s stock worth $135,000 after buying an additional 2,485 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Williams-Sonoma by 10.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,911 shares of the specialty retailer’s stock worth $141,000 after buying an additional 274 shares in the last quarter. IFP Advisors Inc increased its stake in Williams-Sonoma by 39.8% in the 2nd quarter. IFP Advisors Inc now owns 2,945 shares of the specialty retailer’s stock worth $143,000 after buying an additional 838 shares in the last quarter. Finally, Franklin Resources Inc. purchased a new stake in Williams-Sonoma in the 2nd quarter worth $182,000. Hedge funds and other institutional investors own 99.33% of the company’s stock.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 22nd. Stockholders of record on Friday, October 27th will be paid a $0.39 dividend. The ex-dividend date is Thursday, October 26th. This represents a $1.56 annualized dividend and a dividend yield of 3.41%. Williams-Sonoma’s dividend payout ratio (DPR) is 44.19%.
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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