Williams-Sonoma (NYSE:WSM) updated its FY 2019 earnings guidance on Wednesday. The company provided earnings per share guidance of $4.50-4.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.33. The company issued revenue guidance of $5.67-5.84 billion, compared to the consensus revenue estimate of $5.63 billion.
A number of research firms recently weighed in on WSM. Evercore ISI began coverage on Williams-Sonoma in a report on Wednesday. They set an in-line rating and a $60.00 price target for the company. ValuEngine cut Williams-Sonoma from a hold rating to a sell rating in a report on Tuesday, December 25th. Morgan Stanley dropped their price target on Williams-Sonoma from $60.00 to $55.00 and set an equal weight rating for the company in a report on Friday, November 23rd. Citigroup dropped their price target on Williams-Sonoma from $70.00 to $58.00 and set a neutral rating for the company in a report on Wednesday, November 21st. Finally, Zacks Investment Research raised Williams-Sonoma from a sell rating to a hold rating in a report on Saturday, January 26th. Three research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of $59.67.
Shares of NYSE WSM traded up $0.11 during midday trading on Wednesday, hitting $56.85. The stock had a trading volume of 3,745,956 shares, compared to its average volume of 1,295,291. The stock has a market capitalization of $4.52 billion, a P/E ratio of 15.75, a price-to-earnings-growth ratio of 1.74 and a beta of 0.94. Williams-Sonoma has a fifty-two week low of $45.01 and a fifty-two week high of $73.99. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.38 and a current ratio of 1.54.
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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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