Zacks: Analysts Expect Williams-Sonoma, Inc. (WSM) Will Announce Earnings of $1.63 Per Share

Equities research analysts expect that Williams-Sonoma, Inc. (NYSE:WSM) will announce $1.63 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Eleven analysts have made estimates for Williams-Sonoma’s earnings, with estimates ranging from $1.54 to $1.76. Williams-Sonoma reported earnings per share of $1.55 during the same quarter last year, which suggests a positive year over year growth rate of 5.2%. The company is scheduled to report its next earnings results on Wednesday, March 21st.

According to Zacks, analysts expect that Williams-Sonoma will report full year earnings of $3.55 per share for the current year, with EPS estimates ranging from $3.48 to $3.69. For the next year, analysts expect that the firm will post earnings of $4.09 per share, with EPS estimates ranging from $3.65 to $4.66. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that that provide coverage for Williams-Sonoma.

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 the Thomson Reuters’ consensus estimate of $0.84. The firm had revenue of $1.30 billion for 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 company’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.78 EPS.

Several equities analysts have recently weighed in on the company. Zacks Investment Research downgraded Williams-Sonoma from a “hold” rating to a “sell” rating in a research report on Saturday, January 13th. Oppenheimer reissued a “hold” rating on shares of Williams-Sonoma in a research report on Friday, November 17th. Bank of America cut their target price on Williams-Sonoma from $40.00 to $38.00 and set an “underperform” rating on the stock in a research report on Friday, November 17th. Moffett Nathanson assumed coverage on Williams-Sonoma in a research report on Monday, December 4th. They set a “neutral” rating on the stock. Finally, Gordon Haskett downgraded Williams-Sonoma from a “hold” rating to a “reduce” rating in a research report on Friday, November 17th. Six analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and three have given a buy rating to the company’s stock. Williams-Sonoma has a consensus rating of “Hold” and a consensus price target of $51.20.

Institutional investors have recently made changes to their positions in the business. Ffcm LLC bought a new position in Williams-Sonoma in the 3rd quarter valued at $125,000. Rational Advisors LLC bought a new position in shares of Williams-Sonoma during the 4th quarter worth $171,000. Private Trust Co. NA bought a new position in shares of Williams-Sonoma during the 4th quarter worth $203,000. Koch Industries Inc. bought a new position in shares of Williams-Sonoma during the 2nd quarter worth $207,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Williams-Sonoma by 49.1% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,340 shares of the specialty retailer’s stock worth $224,000 after buying an additional 1,429 shares in the last quarter.

Williams-Sonoma (NYSE:WSM) opened at $54.11 on Friday. The firm has a market capitalization of $4,550.00, a P/E ratio of 15.33, a PEG ratio of 1.38 and a beta of 0.87. Williams-Sonoma has a 12-month low of $42.68 and a 12-month high of $55.89.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 23rd. Shareholders of record on Thursday, January 25th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 2.88%. The ex-dividend date is Wednesday, January 24th. Williams-Sonoma’s dividend payout ratio (DPR) is presently 44.19%.

ILLEGAL ACTIVITY NOTICE: This piece was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this piece on another publication, it was copied illegally and republished in violation of US & international copyright and trademark laws. The legal version of this piece can be read at https://www.dispatchtribunal.com/2018/02/17/zacks-analysts-expect-williams-sonoma-inc-wsm-will-announce-earnings-of-1-63-per-share.html.

About Williams-Sonoma

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.

Get a free copy of the Zacks research report on Williams-Sonoma (WSM)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Williams-Sonoma (NYSE:WSM)

Receive News & Ratings for Williams-Sonoma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams-Sonoma and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply