Analysts forecast that Williams-Sonoma, Inc. (NYSE:WSM) will announce $1.61 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Ten analysts have issued estimates for Williams-Sonoma’s earnings, with the lowest EPS estimate coming in at $1.54 and the highest estimate coming in at $1.65. Williams-Sonoma posted earnings per share of $1.55 in the same quarter last year, which would indicate a positive year-over-year growth rate of 3.9%. The firm is expected to announce its next earnings results on Wednesday, March 21st.
According to Zacks, analysts expect that Williams-Sonoma will report full year earnings of $3.54 per share for the current fiscal year, with EPS estimates ranging from $3.48 to $3.58. For the next fiscal year, analysts anticipate that the business will report earnings of $3.70 per share, with EPS estimates ranging from $3.50 to $3.86. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that follow Williams-Sonoma.
Williams-Sonoma (NYSE:WSM) last issued its quarterly earnings results on Thursday, November 16th. The specialty retailer reported $0.84 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.84. Williams-Sonoma had a net margin of 5.94% and a return on equity of 25.45%. The company had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same period in the prior year, the firm earned $0.78 earnings per share. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year.
WSM has been the topic of a number of recent research reports. TheStreet upgraded shares of Williams-Sonoma from a “c+” rating to a “b-” rating in a research note on Monday, October 9th. Goldman Sachs Group dropped their price target on shares of Williams-Sonoma from $58.00 to $57.00 and set a “buy” rating on the stock in a research note on Thursday, August 24th. Zacks Investment Research upgraded shares of Williams-Sonoma from a “hold” rating to a “buy” rating and set a $50.00 price target on the stock in a research note on Wednesday, August 16th. SunTrust Banks reiterated a “buy” rating and issued a $62.00 price target on shares of Williams-Sonoma in a research note on Tuesday, October 17th. Finally, Morgan Stanley dropped their price target on shares of Williams-Sonoma from $50.00 to $48.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 24th. Six analysts have rated the stock with a sell rating, eighteen have issued a hold rating and four have issued a buy rating to the stock. Williams-Sonoma currently has an average rating of “Hold” and a consensus target price of $51.39.
A number of large investors have recently added to or reduced their stakes in WSM. Ffcm LLC purchased a new position in shares of Williams-Sonoma in the third quarter valued at $125,000. Alpha Omega Wealth Management LLC increased its position in shares of Williams-Sonoma by 828.3% in the second quarter. Alpha Omega Wealth Management LLC now owns 2,785 shares of the specialty retailer’s stock valued at $135,000 after buying an additional 2,485 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Williams-Sonoma by 10.4% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,911 shares of the specialty retailer’s stock valued at $141,000 after buying an additional 274 shares in the last quarter. IFP Advisors Inc increased its position in shares of Williams-Sonoma by 39.8% in the second quarter. IFP Advisors Inc now owns 2,945 shares of the specialty retailer’s stock valued at $143,000 after buying an additional 838 shares in the last quarter. Finally, Franklin Resources Inc. purchased a new position in shares of Williams-Sonoma in the second quarter valued at $182,000. Hedge funds and other institutional investors own 96.62% of the company’s stock.
Shares of Williams-Sonoma (WSM) opened at $53.24 on Monday. Williams-Sonoma has a one year low of $42.68 and a one year high of $56.57. The firm has a market cap of $4,481.48, a P/E ratio of 15.17, a P/E/G ratio of 1.98 and a beta of 0.89.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 22nd. Shareholders of record on Friday, October 27th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 2.93%. The ex-dividend date was Thursday, October 26th. Williams-Sonoma’s payout ratio is 44.19%.
Williams-Sonoma Company Profile
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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