Williams-Sonoma, Inc. (NYSE:WSM) has been assigned an average rating of “Hold” from the twenty-eight brokerages that are covering the stock, MarketBeat reports. Seven investment analysts have rated the stock with a sell recommendation, eighteen have issued a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $50.00.
Several equities research analysts have recently commented on WSM shares. Zacks Investment Research downgraded Williams-Sonoma from a “buy” rating to a “sell” rating in a report on Wednesday, November 15th. JPMorgan Chase & Co. downgraded Williams-Sonoma from an “overweight” rating to an “underweight” rating and set a $46.00 price objective for the company. in a report on Friday, November 17th. Credit Suisse Group downgraded Williams-Sonoma from a “neutral” rating to an “underperform” rating and set a $44.00 price objective for the company. in a report on Thursday, October 12th. Bank of America cut their price target on Williams-Sonoma from $40.00 to $38.00 and set an “underperform” rating for the company in a report on Friday, November 17th. Finally, Morgan Stanley assumed coverage on Williams-Sonoma in a report on Friday, November 17th. They set a “hold” rating and a $48.00 price target for the company.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Smith Graham & Co. Investment Advisors LP lifted its holdings in shares of Williams-Sonoma by 34.8% during the fourth quarter. Smith Graham & Co. Investment Advisors LP now owns 115,720 shares of the specialty retailer’s stock worth $5,983,000 after buying an additional 29,850 shares in the last quarter. State of Alaska Department of Revenue lifted its holdings in shares of Williams-Sonoma by 85.7% during the fourth quarter. State of Alaska Department of Revenue now owns 12,570 shares of the specialty retailer’s stock worth $648,000 after buying an additional 5,800 shares in the last quarter. Smithbridge Asset Management Inc. DE lifted its holdings in shares of Williams-Sonoma by 8.3% during the fourth quarter. Smithbridge Asset Management Inc. DE now owns 52,720 shares of the specialty retailer’s stock worth $2,726,000 after buying an additional 4,025 shares in the last quarter. Cardinal Capital Management Inc. acquired a new stake in shares of Williams-Sonoma during the fourth quarter worth $548,000. Finally, Schwab Charles Investment Management Inc. lifted its holdings in shares of Williams-Sonoma by 5.9% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 448,832 shares of the specialty retailer’s stock worth $23,205,000 after buying an additional 24,987 shares in the last quarter. 96.62% of the stock is owned by institutional investors.
Shares of Williams-Sonoma (NYSE:WSM) opened at $55.46 on Tuesday. The company has a market capitalization of $4,654.05, a P/E ratio of 15.71, a PEG ratio of 1.61 and a beta of 0.89. Williams-Sonoma has a twelve month low of $42.68 and a twelve month high of $55.89.
Williams-Sonoma (NYSE:WSM) last released its quarterly earnings data on Thursday, November 16th. The specialty retailer reported $0.84 EPS for the quarter, meeting the consensus estimate of $0.84. The company had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.29 billion. Williams-Sonoma had a return on equity of 25.45% and a net margin of 5.94%. The firm’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. equities research analysts anticipate that Williams-Sonoma will post 3.55 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, February 23rd. Stockholders of record on Thursday, January 25th will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date is Wednesday, January 24th. Williams-Sonoma’s dividend payout ratio is currently 44.19%.
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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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