Equities analysts expect that Williams-Sonoma, Inc. (NYSE:WSM) will post $1.65 billion in sales for the current quarter, according to Zacks. Eleven analysts have provided estimates for Williams-Sonoma’s earnings. The lowest sales estimate is $1.63 billion and the highest is $1.66 billion. Williams-Sonoma posted sales of $1.58 billion during the same quarter last year, which suggests a positive year-over-year growth rate of 4.4%. The business is expected to report its next earnings results on Wednesday, March 21st.
On average, analysts expect that Williams-Sonoma will report full-year sales of $1.65 billion for the current year, with estimates ranging from $5.25 billion to $5.28 billion. For the next financial year, analysts forecast that the business will report sales of $5.49 billion per share, with estimates ranging from $5.41 billion to $5.59 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side analysts that follow Williams-Sonoma.
WSM has been the topic of several analyst reports. Robert W. Baird set a $48.00 price target on shares of Williams-Sonoma and gave the stock a “hold” rating in a research report on Tuesday, October 31st. Jefferies Group reiterated a “hold” rating on shares of Williams-Sonoma in a research report on Sunday, November 19th. Zacks Investment Research upgraded shares of Williams-Sonoma from a “sell” rating to a “hold” rating in a research report on Tuesday, November 21st. Morgan Stanley initiated coverage on shares of Williams-Sonoma in a research report on Friday, November 17th. They set a “hold” rating and a $48.00 price target on the stock. Finally, JPMorgan Chase & Co. lowered shares of Williams-Sonoma from an “overweight” rating to an “underweight” rating and set a $46.00 price target on the stock. in a research report on Friday, November 17th. Six equities research analysts have rated the stock with a sell rating, eighteen have given a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $51.20.
Shares of Williams-Sonoma (NYSE WSM) opened at $54.11 on Monday. The stock has a market cap of $4,554.72, a P/E ratio of 15.42, a P/E/G ratio of 1.37 and a beta of 0.87. Williams-Sonoma has a 52-week low of $42.68 and a 52-week high of $55.89.
The business also recently announced 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. The ex-dividend date of this dividend is Wednesday, January 24th. This represents a $1.56 dividend on an annualized basis and a yield of 2.88%. Williams-Sonoma’s dividend payout ratio is currently 44.19%.
Institutional investors have recently modified their holdings of the business. Verition Fund Management LLC acquired a new stake in Williams-Sonoma in the second quarter valued at approximately $395,000. Alpha Windward LLC raised its stake in shares of Williams-Sonoma by 23,087.0% during the third quarter. Alpha Windward LLC now owns 10,666 shares of the specialty retailer’s stock valued at $532,000 after acquiring an additional 10,620 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of Williams-Sonoma by 7.0% during the third quarter. Ameriprise Financial Inc. now owns 246,030 shares of the specialty retailer’s stock valued at $12,267,000 after acquiring an additional 16,086 shares during the last quarter. Oxbow Advisors LLC raised its stake in shares of Williams-Sonoma by 3.7% during the third quarter. Oxbow Advisors LLC now owns 35,312 shares of the specialty retailer’s stock valued at $1,761,000 after acquiring an additional 1,270 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its stake in shares of Williams-Sonoma by 6.4% during the third quarter. Advisors Asset Management Inc. now owns 63,325 shares of the specialty retailer’s stock valued at $3,157,000 after acquiring an additional 3,792 shares during the last quarter.
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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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