Equities analysts forecast that Williams-Sonoma, Inc. (NYSE:WSM) will report earnings per share of $0.59 for the current fiscal quarter, according to Zacks Investment Research. Ten analysts have issued estimates for Williams-Sonoma’s earnings, with estimates ranging from $0.56 to $0.61. Williams-Sonoma reported earnings per share of $0.58 during the same quarter last year, which suggests a positive year-over-year growth rate of 1.7%. The business is expected to issue its next quarterly earnings results on Wednesday, August 23rd.
On average, analysts expect that Williams-Sonoma will report full year earnings of $3.55 per share for the current financial year, with EPS estimates ranging from $3.50 to $3.63. For the next year, analysts expect that the company will post earnings of $3.78 per share, with EPS estimates ranging from $3.57 to $3.95. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Williams-Sonoma.
Williams-Sonoma (NYSE:WSM) last released its quarterly earnings data on Wednesday, May 24th. The specialty retailer reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.02. Williams-Sonoma had a return on equity of 25.51% and a net margin of 5.99%. The firm had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same period in the prior year, the company posted $0.53 earnings per share. The business’s revenue for the quarter was up 1.3% compared to the same quarter last year.
Several equities analysts have weighed in on WSM shares. J P Morgan Chase & Co lifted their price objective on Williams-Sonoma from $60.00 to $64.00 and gave the company an “overweight” rating in a report on Monday, April 3rd. Wedbush dropped their price objective on Williams-Sonoma from $53.00 to $48.00 and set a “neutral” rating for the company in a report on Monday, March 6th. Gordon Haskett started coverage on Williams-Sonoma in a report on Tuesday, May 9th. They issued an “accumulate” rating and a $61.00 price objective for the company. Credit Suisse Group set a $44.00 price objective on Williams-Sonoma and gave the company a “hold” rating in a report on Monday, March 13th. Finally, William Blair cut Williams-Sonoma from an “outperform” rating to a “market perform” rating in a report on Thursday, March 16th. One research analyst has rated the stock with a sell rating, seventeen have issued a hold rating and seven have issued a buy rating to the company. Williams-Sonoma currently has a consensus rating of “Hold” and a consensus target price of $57.01.
Williams-Sonoma (NYSE WSM) traded down 2.78% on Thursday, reaching $46.89. The company’s stock had a trading volume of 1,169,389 shares. The company has a 50-day moving average price of $50.01 and a 200 day moving average price of $50.52. Williams-Sonoma has a 12 month low of $45.68 and a 12 month high of $57.40. The company has a market cap of $4.06 billion, a P/E ratio of 13.66 and a beta of 0.88.
The business also recently declared a quarterly dividend, which will be paid on Friday, August 25th. Shareholders of record on Friday, July 21st will be given a $0.39 dividend. The ex-dividend date of this dividend is Wednesday, July 19th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.33%. Williams-Sonoma’s dividend payout ratio (DPR) is presently 45.35%.
Large investors have recently added to or reduced their stakes in the stock. Creative Planning raised its stake in Williams-Sonoma by 3.8% in the first quarter. Creative Planning now owns 2,085 shares of the specialty retailer’s stock worth $112,000 after buying an additional 76 shares during the period. IFP Advisors Inc raised its stake in Williams-Sonoma by 11.5% in the first quarter. IFP Advisors Inc now owns 2,107 shares of the specialty retailer’s stock worth $113,000 after buying an additional 217 shares during the period. First Interstate Bank raised its stake in Williams-Sonoma by 12.5% in the first quarter. First Interstate Bank now owns 2,250 shares of the specialty retailer’s stock worth $121,000 after buying an additional 250 shares during the period. Invictus RG bought a new stake in Williams-Sonoma during the first quarter worth approximately $122,000. Finally, Franklin Resources Inc. bought a new stake in Williams-Sonoma during the fourth quarter worth approximately $123,000. Hedge funds and other institutional investors own 97.55% of the company’s stock.
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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