Headlines about Williams-Sonoma (NYSE:WSM) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Williams-Sonoma earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned press coverage about the specialty retailer an impact score of 47.1797894720241 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media headlines that may have effected Accern’s scoring:
Several analysts recently issued reports 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. Barclays set a $45.00 price target on Williams-Sonoma and gave the company a “sell” rating in a research report on Thursday, March 15th. BTIG Research raised their price target on Williams-Sonoma to $47.00 and gave the company a “sell” rating in a research report on Thursday, March 15th. Wolfe Research increased their target price on shares of Williams-Sonoma from $52.00 to $55.00 and gave the company a “peer perform” rating in a research note on Thursday, March 15th. Finally, Goldman Sachs cut shares of Williams-Sonoma from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 16th. Six investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $51.21.
Shares of WSM stock traded down $1.68 on Friday, hitting $50.30. The stock had a trading volume of 1,288,248 shares, compared to its average volume of 2,217,113. Williams-Sonoma has a twelve month low of $42.68 and a twelve month high of $56.38. The firm has a market capitalization of $4,234.00, a price-to-earnings ratio of 13.93, a price-to-earnings-growth ratio of 0.92 and a beta of 0.73. The company has a quick ratio of 0.57, a current ratio of 1.62 and a debt-to-equity ratio of 0.25.
Williams-Sonoma (NYSE:WSM) last announced its quarterly earnings results on Wednesday, March 14th. The specialty retailer reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.61 by $0.07. The company had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.65 billion. Williams-Sonoma had a net margin of 4.90% and a return on equity of 26.06%. The firm’s revenue was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.55 EPS. research analysts expect that Williams-Sonoma will post 4.18 earnings per share for the current year.
Williams-Sonoma announced that its Board of Directors has approved a stock repurchase program on Wednesday, March 14th that allows the company to buyback $286.00 million in outstanding shares. This buyback authorization allows the specialty retailer to repurchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.
The firm also recently declared a quarterly dividend, which will be paid on Friday, May 25th. Shareholders of record on Friday, April 27th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Thursday, April 26th. This is a boost from Williams-Sonoma’s previous quarterly dividend of $0.39. This represents a $1.72 annualized dividend and a yield of 3.42%. Williams-Sonoma’s payout ratio is 43.21%.
In other news, CEO Laura Alber sold 97,965 shares of the business’s stock in a transaction dated Monday, March 19th. The shares were sold at an average price of $54.21, for a total transaction of $5,310,682.65. Following the transaction, the chief executive officer now directly owns 264,621 shares in the company, valued at approximately $14,345,104.41. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Janet Hayes sold 9,034 shares of the company’s stock in a transaction dated Tuesday, March 27th. The shares were sold at an average price of $51.66, for a total transaction of $466,696.44. Following the completion of the transaction, the insider now owns 38,563 shares in the company, valued at approximately $1,992,164.58. The disclosure for this sale can be found here. Insiders own 1.00% of the company’s stock.
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Williams-Sonoma Company Profile
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.
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