News headlines about Williams-Sonoma (NYSE:WSM) have been trending somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Williams-Sonoma earned a news sentiment score of 0.03 on Accern’s scale. Accern also assigned news stories about the specialty retailer an impact score of 45.7227810478899 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern’s rankings:
- Zacks: Analysts Expect Williams-Sonoma, Inc. (WSM) Will Announce Quarterly Sales of $1.26 Billion (americanbankingnews.com)
- Brokerages Anticipate Williams-Sonoma, Inc. (WSM) Will Post Earnings of $0.69 Per Share (americanbankingnews.com)
- Williams-Sonoma, Inc. (WSM) Director Anthony Greener Sells 5,000 Shares (americanbankingnews.com)
- Williams-Sonoma, Inc. (WSM) Insider Janet Hayes Sells 4,895 Shares (americanbankingnews.com)
- Why Did Bed Bath & Beyond’s EPS Fall in Q1 2018? (finance.yahoo.com)
Shares of NYSE:WSM traded down $0.42 during trading hours on Friday, reaching $60.99. The stock had a trading volume of 880,038 shares, compared to its average volume of 1,687,157. Williams-Sonoma has a 1 year low of $42.68 and a 1 year high of $65.99. The company has a current ratio of 1.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.25. The company has a market cap of $5.10 billion, a PE ratio of 16.89, a P/E/G ratio of 1.68 and a beta of 0.79.
Williams-Sonoma (NYSE:WSM) last announced its quarterly earnings data on Wednesday, May 23rd. The specialty retailer reported $0.67 EPS for the quarter, beating the Zacks’ consensus estimate of $0.58 by $0.09. Williams-Sonoma had a net margin of 4.93% and a return on equity of 27.10%. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same period in the prior year, the firm posted $0.51 EPS. The company’s quarterly revenue was up 8.2% compared to the same quarter last year. equities research analysts expect that Williams-Sonoma will post 4.23 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 24th. Shareholders of record on Friday, July 20th will be given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date of this dividend is Thursday, July 19th. Williams-Sonoma’s dividend payout ratio is presently 47.65%.
Williams-Sonoma announced that its Board of Directors has approved a share buyback plan on Wednesday, March 14th that permits the company to repurchase $286.00 million in outstanding shares. This repurchase authorization permits the specialty retailer to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its stock is undervalued.
Several equities analysts have recently commented on the stock. Gordon Haskett upgraded shares of Williams-Sonoma from a “reduce” rating to a “hold” rating and set a $61.00 price objective on the stock in a report on Wednesday, March 14th. Loop Capital upped their price objective on shares of Williams-Sonoma to $55.00 and gave the stock a “hold” rating in a report on Thursday, March 15th. They noted that the move was a valuation call. Stifel Nicolaus upped their price objective on shares of Williams-Sonoma from $54.00 to $58.00 and gave the stock a “hold” rating in a report on Thursday, March 15th. Credit Suisse Group set a $48.00 price objective on shares of Williams-Sonoma and gave the stock an “underperform” rating in a report on Thursday, March 15th. Finally, Wolfe Research upped their price objective on shares of Williams-Sonoma from $52.00 to $55.00 and gave the stock a “peer perform” rating in a report on Thursday, March 15th. Six equities research analysts have rated the stock with a sell rating, nineteen have issued 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 an average target price of $53.64.
In other Williams-Sonoma news, Director Anthony Greener sold 5,000 shares of the stock in a transaction that occurred on Monday, July 2nd. The shares were sold at an average price of $60.51, for a total value of $302,550.00. Following the sale, the director now directly owns 33,218 shares of the company’s stock, valued at approximately $2,010,021.18. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Alex Bellos sold 3,348 shares of the stock in a transaction that occurred on Thursday, June 14th. The shares were sold at an average price of $60.86, for a total transaction of $203,759.28. Following the completion of the sale, the insider now directly owns 3,352 shares in the company, valued at $204,002.72. The disclosure for this sale can be found here. Over the last three months, insiders sold 43,243 shares of company stock worth $2,440,669. Insiders own 1.00% of the company’s stock.
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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