Williams-Sonoma (WSM) Receiving Somewhat Favorable Press Coverage, Analysis Finds

Media headlines about Williams-Sonoma (NYSE:WSM) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by analyzing 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 0.10 on Accern’s scale. Accern also gave news articles about the specialty retailer an impact score of 45.6531568747822 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the news stories that may have impacted Accern’s scoring:

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Shares of NYSE WSM opened at $49.59 on Thursday. 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 has a 52 week low of $42.68 and a 52 week high of $56.38. The stock has a market capitalization of $4,075.76, a P/E ratio of 13.74, a P/E/G ratio of 0.89 and a beta of 0.73.

Williams-Sonoma (NYSE:WSM) last announced its quarterly earnings data on Wednesday, March 14th. The specialty retailer reported $1.68 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.61 by $0.07. Williams-Sonoma had a net margin of 4.90% and a return on equity of 26.06%. The firm had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.65 billion. During the same quarter last year, the business earned $1.55 earnings per share. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. research analysts anticipate that Williams-Sonoma will post 4.18 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 25th. Investors of record on Friday, April 27th will be paid a $0.43 dividend. This is a boost from Williams-Sonoma’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Thursday, April 26th. This represents a $1.72 annualized dividend and a dividend yield of 3.47%. Williams-Sonoma’s dividend payout ratio (DPR) is 43.21%.

Williams-Sonoma announced that its Board of Directors has approved a stock buyback plan on Wednesday, March 14th that authorizes the company to repurchase $286.00 million in shares. This repurchase authorization authorizes the specialty retailer to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

Several analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of Williams-Sonoma from a “hold” rating to a “sell” rating in a report on Saturday, January 13th. Barclays set a $45.00 target price on shares of Williams-Sonoma and gave the company a “sell” rating in a report on Thursday, March 15th. BTIG Research lifted their target price on shares of Williams-Sonoma to $47.00 and gave the company a “sell” rating in a report on Thursday, March 15th. Wolfe Research lifted their target price on shares of Williams-Sonoma from $52.00 to $55.00 and gave the company a “peer perform” rating in a report on Thursday, March 15th. Finally, Goldman Sachs downgraded shares of Williams-Sonoma from a “buy” rating to a “neutral” rating in a report on Tuesday, January 16th. Six investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and two have assigned a buy rating to the company’s stock. Williams-Sonoma has an average rating of “Hold” and a consensus target price of $51.21.

In other Williams-Sonoma news, CEO Laura Alber sold 97,965 shares of Williams-Sonoma 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 completion of the transaction, the chief executive officer now owns 264,621 shares in the company, valued at $14,345,104.41. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Janet Hayes sold 9,034 shares of Williams-Sonoma stock in a transaction dated Tuesday, March 27th. The stock was sold at an average price of $51.66, for a total transaction of $466,696.44. Following the transaction, the insider now owns 38,563 shares of the company’s stock, valued at approximately $1,992,164.58. The disclosure for this sale can be found here. 1.00% of the stock is owned by company insiders.

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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.

Insider Buying and Selling by Quarter for Williams-Sonoma (NYSE:WSM)

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