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NYSE:BID - Sothebys Stock Price, Forecast & News

$56.99
0.00 (0.00 %)
(As of 10/14/2019)
Today's Range
$56.99
Now: $56.99
$56.99
50-Day Range
$56.99
MA: $56.99
$56.99
52-Week Range
$32.01
Now: $56.99
$59.94
VolumeN/A
Average Volume857,409 shs
Market Capitalization$2.66 billion
P/E Ratio22.98
Dividend YieldN/A
Beta1.97
Sotheby's operates as an auctioneer of authenticated fine art, decorative art, jewelry, wine, and collectibles in the United States, the United Kingdom, Hong Kong, China, Switzerland, France, and internationally. The company operates in two segments, Agency and Finance. The Agency segment accepts property on consignment; and matches sellers to buyers through the auction or private sale process. Read More…

Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustrySpecialized Consumer Services
SectorBusiness Services
CUSIP83589810
Phone212-606-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.04 billion
Cash Flow$3.40 per share
Book Value$9.53 per share

Profitability

Net Income$108.63 million

Miscellaneous

Employees1,713
Market Cap$2.66 billion
Next Earnings Date2/26/2020 (Estimated)
OptionableOptionable

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Sothebys (NYSE:BID) Frequently Asked Questions

What is Sothebys' stock symbol?

Sothebys trades on the New York Stock Exchange (NYSE) under the ticker symbol "BID."

How will Sothebys' stock buyback program work?

Sothebys declared that its Board of Directors has initiated a stock repurchase program on Thursday, March 15th 2018, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's board believes its shares are undervalued.

How were Sothebys' earnings last quarter?

Sothebys (NYSE:BID) issued its quarterly earnings results on Tuesday, July, 30th. The specialty retailer reported $1.47 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.58 by $0.11. The specialty retailer had revenue of $361.78 million for the quarter, compared to analysts' expectations of $336.58 million. Sothebys had a return on equity of 28.39% and a net margin of 10.47%. During the same period in the prior year, the company earned $1.09 earnings per share. View Sothebys' Earnings History.

When is Sothebys' next earnings date?

Sothebys is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Sothebys.

What price target have analysts set for BID?

4 analysts have issued 1-year target prices for Sothebys' shares. Their forecasts range from $44.00 to $57.00. On average, they expect Sothebys' stock price to reach $52.67 in the next twelve months. This suggests that the stock has a possible downside of 7.6%. View Analyst Price Targets for Sothebys.

What is the consensus analysts' recommendation for Sothebys?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sothebys in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sothebys.

What are Wall Street analysts saying about Sothebys stock?

Here are some recent quotes from research analysts about Sothebys stock:
  • 1. Evercore ISI analysts commented, "We derive our $57 Price Target by applying a 17.8x P/E to our $3.30 2020 EPS. RISKS 1. The deal breaks 2. Collapses 3. Chinese recession COMPANIES UNDER COVERAGE BY AUTHOR Evercore ISI €260.00 AEO American Eagle Outfitters, Inc. $21.00 ANF Abercrombie & Fitch Co. Outperform $17.03 $25.00 BID Group plc £23.00 BURL CHF83.00 COLM $110.00 CPRI $50.00 CRI $95.00 DECK Deckers Outdoor Corp." (8/8/2019)
  • 2. According to Zacks Investment Research, "Sotheby's Holdings, Inc. is one of the world's second largest auctioneers of fine arts, antiques and collectibles, offering property in collecting categories, among them paintings, jewelry, decorative arts, and books. Sotheby's Holdings, Inc is the parent company of Sotheby's worldwide auction businesses, art-related financing and private sales activities. The Company operates in countries, with principal salesrooms located in New York and London. The company also regularly conducts auctions in other salesrooms around the world, including Australia, Hong Kong, France, Italy, the Netherlands, Switzerland and Singapore. " (7/30/2019)

Has Sothebys been receiving favorable news coverage?

Headlines about BID stock have trended somewhat positive this week, according to InfoTrie. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Sothebys earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave press coverage about the specialty retailer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Sothebys.

Who are some of Sothebys' key competitors?

What other stocks do shareholders of Sothebys own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sothebys investors own include DEUTSCHE BOERSE/ADR (DBOEY), Bank of Hawaii (BOH), InterDigital Wireless (IDCC), Stag Industrial (STAG), American International Group (AIG), Mastercard (MA), Walt Disney (DIS), QUALCOMM (QCOM), Cisco Systems (CSCO) and Intel (INTC).

Who are Sothebys' key executives?

Sothebys' management team includes the folowing people:
  • Mr. Thomas S. Smith Jr., Pres, CEO & Director (Age 54)
  • Mr. Michael Fenton Goss, Exec. VP & CFO (Age 59)
  • Mr. David Goodman, Exec. VP of Digital Devel. & Marketing (Age 58)
  • Mr. Valentino D. Carlotti, Exec. VP & Global Head of Bus. Devel. (Age 52)
  • Mr. Kenneth Citron, Exec. VP of Operations & Chief Transformation Officer (Age 54)

Who are Sothebys' major shareholders?

Sothebys' stock is owned by many different of retail and institutional investors. Top institutional investors include Paradice Investment Management LLC (2.58%), State Street Corp (2.28%), Gabelli Funds LLC (1.29%), ARP Americas LP (0.66%), GABELLI & Co INVESTMENT ADVISERS INC. (0.61%) and Eagle Asset Management Inc. (0.26%). Company insiders that own Sothebys stock include Dennis M Weibling, Jr Thomas S Smith, Kevin M Delaney and Olivier Reza. View Institutional Ownership Trends for Sothebys.

Which major investors are selling Sothebys stock?

BID stock was sold by a variety of institutional investors in the last quarter, including Paradice Investment Management LLC, Voya Investment Management LLC, SG Americas Securities LLC, Eagle Asset Management Inc., Comerica Bank, Public Employees Retirement System of Ohio, State Street Corp and Rhumbline Advisers. Company insiders that have sold Sothebys company stock in the last year include Dennis M Weibling and Kevin M Delaney. View Insider Buying and Selling for Sothebys.

Which major investors are buying Sothebys stock?

BID stock was acquired by a variety of institutional investors in the last quarter, including Gabelli Funds LLC, GABELLI & Co INVESTMENT ADVISERS INC., ARP Americas LP, Gamco Investors INC. ET AL, Man Group plc, State of New Jersey Common Pension Fund D, Zeke Capital Advisors LLC and California Public Employees Retirement System. View Insider Buying and Selling for Sothebys.

How do I buy shares of Sothebys?

Shares of BID can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Sothebys' stock price today?

One share of BID stock can currently be purchased for approximately $56.99.

How big of a company is Sothebys?

Sothebys has a market capitalization of $2.66 billion and generates $1.04 billion in revenue each year. The specialty retailer earns $108.63 million in net income (profit) each year or $2.48 on an earnings per share basis. Sothebys employs 1,713 workers across the globe.View Additional Information About Sothebys.

What is Sothebys' official website?

The official website for Sothebys is http://www.sothebys.com/.

How can I contact Sothebys?

Sothebys' mailing address is 1334 YORK AVENUE, NEW YORK NY, 10021. The specialty retailer can be reached via phone at 212-606-7000 or via email at [email protected]


MarketBeat Community Rating for Sothebys (NYSE BID)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  318 (Vote Outperform)
Underperform Votes:  419 (Vote Underperform)
Total Votes:  737
MarketBeat's community ratings are surveys of what our community members think about Sothebys and other stocks. Vote "Outperform" if you believe BID will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BID will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/10/2019 by MarketBeat.com Staff

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