NYSE:BIDSothebys Stock Price, Forecast & News Notice: This company has been marked as potentially delisted and may not be actively trading. Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Sothebys Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $56.99 +56.99 (+∞) (As of 10/14/2019) Add Compare Share Today's Range$56.99Now: $56.99▼$56.9950-Day Range$56.99MA: $56.99▼$56.9952-Week Range$32.01Now: $56.99▼$59.94VolumeN/AAverage Volume857,409 shsMarket Capitalization$2.66 billionP/E Ratio22.98Dividend YieldN/ABeta1.97 ProfileAnalyst RatingsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. 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. In addition, the company provides art advisory service. 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.Read More Beat the Market (BTM) Rank™ 1.0 Analyst's Opinion Consensus RatingSothebys has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $57.00, Sothebys has a potential upside of 0.0% from its current price of $56.99.Amount of Analyst CoverageSothebys has received no research coverage in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesSothebys has received 333 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSothebys has received 460 “underperform” votes. (Add your “underperform” vote.)Community SentimentSothebys has received 58.01% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldSothebys does not currently pay a dividend.Dividend GrowthSothebys does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sothebys insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 16.03% of the stock of Sothebys is held by insiders. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Sothebys are expected to grow by 0.76% in the coming year, from $2.63 to $2.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sothebys is 22.98, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.89.Price to Earnings Ratio vs. SectorThe P/E ratio of Sothebys is 22.98, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 18.68.Price to Book Value per Share RatioSothebys has a P/B Ratio of 5.98. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.0Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.75 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Business services, not elsewhere classified Sub-IndustrySpecialized Consumer Services SectorBusiness Services Current SymbolNYSE:BID Previous Symbol CUSIP83589810 CIK823094 Webwww.sothebys.com Phone212-606-7000Debt Debt-to-Equity Ratio2.07 Current Ratio1.04 Quick Ratio1.01Price-To-Earnings Trailing P/E Ratio22.98 Forward P/E Ratio21.67 P/E GrowthN/A Sales & Book Value Annual Sales$1.04 billion Price / Sales2.56 Cash Flow$3.40 per share Price / Cash Flow16.75 Book Value$9.53 per share Price / Book5.98Profitability EPS (Most Recent Fiscal Year)$2.48 Net Income$108.63 million Net Margins10.47% Return on Equity28.39% Return on Assets5.03%Miscellaneous Employees1,713 Outstanding Shares46,610,000Market Cap$2.66 billion Next Earnings DateN/A OptionableOptionable Receive BID News and Ratings via Email Sign-up to receive the latest news and ratings for BID and its competitors with MarketBeat's FREE daily newsletter. Sothebys (NYSE:BID) Frequently Asked Questions Do Wall Street analysts recommend investors buy shares of Sothebys? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sothebys in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Sothebys. How were Sothebys' earnings last quarter? Sothebys (NYSE:BID) released its earnings results on Tuesday, July, 30th. The specialty retailer reported $1.47 earnings per share for the quarter, missing the Thomson Reuters' 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 quarter last year, the company posted $1.09 earnings per share. View Sothebys' earnings history. What price target have analysts set for BID? 2 equities research analysts have issued 1 year target prices for Sothebys' stock. Their forecasts range from $57.00 to $57.00. On average, they expect Sothebys' share price to reach $57.00 in the next twelve months. This suggests a possible upside of 0.0% from the stock's current price. View analysts' price targets 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? Media coverage about BID stock has been trending extremely negative this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 -4.0 on InfoTrie's scale. They also gave media coverage about the specialty retailer a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days. View the latest news aboutSothebys. Who are some of Sothebys' key competitors? Some companies that are related to Sothebys include H & R Block (HRB), Hillenbrand (HI), Weight Watchers International (WW), Matthews International (MATW), Regis (RGS), Carriage Services (CSV), Capstar Financial (CSTR), Collectors Universe (CLCT) and Ascent Capital Group Inc Series A (ASCMA). View all 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), Bank of America (BAC), Walt Disney (DIS), Intel (INTC), QUALCOMM (QCOM) and Mastercard (MA). Who are Sothebys' key executives? Sothebys' management team includes the following 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) What is Sothebys' stock symbol? Sothebys trades on the New York Stock Exchange (NYSE) under the ticker symbol "BID." 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. What is Sothebys' official website? The official website for Sothebys is 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] This page was last updated on 5/30/2020 by MarketBeat.com Staff
