NYSE:BID - Sothebys Stock Price, Price Target & More

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$59.05 -0.02 (-0.03 %)
(As of 06/19/2018 04:00 PM ET)
Previous Close$58.61
Today's Range$58.36 - $59.26
52-Week Range$42.78 - $60.16
Volume14,240 shs
Average Volume323,664 shs
Market Capitalization$3.05 billion
P/E Ratio26.12
Dividend YieldN/A
Beta1.78
Sothebys logoSotheby'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. It is also involved in the sale of artworks; and operation of an auction house for investment-quality automobiles. The Finance segment offers art-related financing services, such as term loans secured by artworks that are not intended for sale. The company is also involved in the retail wine operations; licensing Sotheby's International Realty and related trademarks; and licensing its Sotheby's brand name for use in connection with the art auction business in Australia, and art education services in the United States and the United Kingdom. Sotheby's was founded in 1744 and is headquartered in New York, New York.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio1.21
Current Ratio1.25
Quick Ratio1.19

Price-To-Earnings

Trailing P/E Ratio26.12
Forward P/E Ratio21.39
P/E GrowthN/A

Sales & Book Value

Annual Sales$989.39 million
Price / Sales3.09
Cash Flow$2.8227 per share
Price / Cash20.92
Book Value$11.76 per share
Price / Book5.02

Profitability

EPS (Most Recent Fiscal Year)$2.25
Net Income$118.79 million
Net Margins12.39%
Return on Equity24.21%
Return on Assets5.24%

Miscellaneous

Employees1,662
Outstanding Shares51,810,000

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 announced that its Board of Directors has authorized a stock buyback program on Thursday, March 15th 2018, which permits the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

How were Sothebys' earnings last quarter?

Sothebys (NYSE:BID) announced its quarterly earnings data on Thursday, May, 3rd. The specialty retailer reported $0.09 EPS for the quarter, topping analysts' consensus estimates of ($0.21) by $0.30. The specialty retailer had revenue of $195.80 million for the quarter, compared to analysts' expectations of $141 million. Sothebys had a net margin of 12.39% and a return on equity of 24.21%. Sothebys's revenue for the quarter was down 1.8% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.12) earnings per share. View Sothebys' Earnings History.

When is Sothebys' next earnings date?

Sothebys is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Sothebys.

What price target have analysts set for BID?

4 Wall Street analysts have issued 1 year price targets for Sothebys' shares. Their predictions range from $60.00 to $65.00. On average, they anticipate Sothebys' share price to reach $62.3333 in the next year. View Analyst Ratings for Sothebys.

Who are some of Sothebys' key competitors?

Who are Sothebys' key executives?

Sothebys' management team includes the folowing people:
  • Mr. Thomas S. Smith Jr., Pres, CEO & Director (Age 53)
  • Mr. Michael Fenton Goss, Exec. VP & CFO (Age 58)
  • Mr. Adam David Chinn, Exec. VP & COO (Age 56)
  • Mr. David Goodman, Exec. VP of Digital Devel. & Marketing (Age 57)
  • Mr. Valentino D. Carlotti, Exec. VP & Global Head of Bus. Devel. (Age 51)

Has Sothebys been receiving favorable news coverage?

News coverage about BID stock has trended somewhat positive on Tuesday, according to Accern. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Sothebys earned a coverage optimism score of 0.12 on Accern's scale. They also gave media stories about the specialty retailer an impact score of 44.47 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Who are Sothebys' major shareholders?

Sothebys' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.98%), Clal Insurance Enterprises Holdings Ltd (3.72%), Victory Capital Management Inc. (2.88%), Van Berkom & Associates Inc. (2.60%), Paradice Investment Management LLC (2.08%) and OppenheimerFunds Inc. (1.72%). Company insiders that own Sothebys stock include Adam Chinn, Kevin M Delaney and Olivier Reza. View Institutional Ownership Trends for Sothebys.

Which institutional investors are selling Sothebys stock?

BID stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Cortina Asset Management LLC, Westfield Capital Management Co. LP, Pinnacle Associates Ltd., California Public Employees Retirement System, ClariVest Asset Management LLC, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp and A.R.T. Advisors LLC. Company insiders that have sold Sothebys company stock in the last year include Kevin M Delaney and Olivier Reza. View Insider Buying and Selling for Sothebys.

Which institutional investors are buying Sothebys stock?

BID stock was purchased by a variety of institutional investors in the last quarter, including Clal Insurance Enterprises Holdings Ltd, Amundi Pioneer Asset Management Inc., BlackRock Inc., Matarin Capital Management LLC, State of Wisconsin Investment Board, Sandler Capital Management, RWC Asset Management LLP and Millennium Management LLC. Company insiders that have bought Sothebys stock in the last two years include Adam Chinn and Olivier Reza. 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, Scottrade, Fidelity and Charles Schwab.

What is Sothebys' stock price today?

One share of BID stock can currently be purchased for approximately $59.05.

How big of a company is Sothebys?

Sothebys has a market capitalization of $3.05 billion and generates $989.39 million in revenue each year. The specialty retailer earns $118.79 million in net income (profit) each year or $2.25 on an earnings per share basis. Sothebys employs 1,662 workers across the globe.

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 (BID)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  221 (Vote Outperform)
Underperform Votes:  249 (Vote Underperform)
Total Votes:  470
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 6/19/2018 by MarketBeat.com Staff

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