Sotheby's Company Profile (NYSE:BID)

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

Sotheby's (NYSE:BID) announced its earnings results on Wednesday, May, 10th. The company reported ($0.21) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.38) by $0.17. The company earned $187.50 million during the quarter, compared to analysts' expectations of $111.66 million. Sotheby's had a net margin of 10.00% and a return on equity of 20.73%. Sotheby's's quarterly revenue was up 76.1% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.35) earnings per share. View Sotheby's' Earnings History.

2 brokerages have issued 12-month price objectives for Sotheby's' stock. Their forecasts range from $54.00 to $56.00. On average, they expect Sotheby's' share price to reach $55.00 in the next twelve months. View Analyst Ratings for Sotheby's.

Here are some recent quotes from research analysts about Sotheby's stock:

• 1. 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. " (7/20/2017)
• 2. Cowen and Company analysts commented, "Cowen's London Chairman & CFO Meetings. We like BID's focus on execution of core competencies combined w/ thoughtful pursuit of new adjacent endeavors. Biggest drivers: digital innovation, enhanced risk & strategic mgmt. w/ respect to asset gathering/ROIC discipline. Meanwhile, talent & new big data/authenticity capabilities should drive differentiation & modernization. Raise PT to $56 (was $53)." (3/16/2017)

Some companies that are related to Sotheby's include Capita Plc (CTAGY), Ingenico Group (INGIY), Genpact Limited (G), Booz Allen Hamilton Holding Corporation (BAH), WEX (WEX), HAVAS ORD (HAVSF), Dun & Bradstreet Corporation (The) (DNB), Maximus (MMS), Healthcare Services Group (HCSG), CoreLogic (CLGX), Brink's Company (The) (BCO), Deluxe Corporation (DLX), Clean Harbors (CLH), Ritchie Bros. Auctioneers Incorporated (RBA), SPDR MSCI Europe Energy UCITS ETF (STN), On Assignment (ASGN), Avis Budget Group (CAR) and WageWorks (WAGE).

Sotheby's' management team includes the folowing people:

• Domenico De Sole, Chairman of the Board
• Thomas S. Smith Jr., President, Chief Executive Officer, Director
• Peregrine Andrew Morny Cavendish CBE, Deputy Chairman of the Board
• Michael F. Goss, Chief Financial Officer, Executive Vice President
• Adam David Chinn, Chief Operating Officer, Executive Vice President
• Jonathan A. Olsoff, Executive Vice President, Worldwide General Counsel
• David Goodman, Executive Vice President of Digital Development and Marketing
• Jane A. Levine, Executive Vice President, Chief Global Compliance Counsel and Head of Government and Regulatory Affairs
• Kevin M. Delaney CPA, Senior Vice President, Controller and Chief Accounting Officer
• Jan Prasens, Managing Director, Sotheby's Europe

Sotheby's' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Van Berkom & Associates Inc. (2.57%), Bank of Montreal Can (0.18%), Meeder Asset Management Inc. (0.04%), State Treasurer State of Michigan (0.04%), Nisa Investment Advisors LLC (0.03%) and Oregon Public Employees Retirement Fund (0.03%). Company insiders that own Sotheby's stock include Adam Chinn, Dennis M Weibling, Jonathan Olsoff, Kevin M Delaney, Michael F Goss, Olivier Reza and Sole Domenico De. View Institutional Ownership Trends for Sotheby's.

Sotheby's' stock was sold by a variety of institutional investors in the last quarter, including Van Berkom & Associates Inc., Oregon Public Employees Retirement Fund, BB&T Corp and Creative Planning. View Insider Buying and Selling for Sotheby's.

Sotheby's' stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Evanson Asset Management LLC, Aperio Group LLC, LS Investment Advisors LLC, Louisiana State Employees Retirement System, Capstone Asset Management Co., State Treasurer State of Michigan and US Bancorp DE. Company insiders that have bought Sotheby's stock in the last two years include Adam Chinn, Dennis M Weibling, Jonathan Olsoff, Michael F Goss, Olivier Reza and Sole Domenico De. View Insider Buying and Selling for Sotheby's.

Shares of Sotheby's can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Sotheby's stock can currently be purchased for approximately $56.54.