Williams-Sonoma - WSM Stock Forecast, Price & News

Williams-Sonoma, Inc. operates as an omni-channel specialty retailer of various products for home. It offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma Home brand, as well as home furnishings and decorative accessories under the Williams Sonoma lifestyle brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand. The company also provides home decor products under the West Elm brand; kids accessories under the Pottery Barn Kids brand; and an organic bedding to multi-purpose furniture under the Pottery Barn Teen brand. In addition, it offers made-to-order lighting, hardware, furniture, and home decors inspired by history under the Rejuvenation brand; and women's and men's accessories, travel, entertaining and bar, home décor, and seasonal items under the Mark and Graham brand, as well as operates a 3-D imaging and augmented reality platform for the home furnishings and décor industry. The company markets its products through e-commerce websites, direct-mail catalogs, and retail stores. It operates 544 stores comprising 502 stores in 41states, Washington, D.C., and Puerto Rico; 20 stores in Canada; 19 stores in Australia; 3 stores in the United Kingdom; and 139 franchised stores, as well as e-commerce websites in various countries in the Middle East, the Philippines, Mexico, South Korea, and India. Williams-Sonoma, Inc. was founded in 1956 and is headquartered in San Francisco, California.

Williams-Sonoma Trading Up 4.6 %

Shares of WSM Stock opened at $168.87 on Wednesday. The firm has a 50-day moving average price of $131.52 and a 200 day moving average price of $138.33. Williams-Sonoma has a twelve month low of $101.58 and a twelve month high of $223.32. The company has a market capitalization of $11.61 billion, a price-to-earnings ratio of 10.96, a PEG ratio of 1.73 and a beta of 1.63.

Williams-Sonoma (NYSE:WSM - Get Rating) last posted its quarterly earnings data on Wednesday, May 25th. The specialty retailer reported $3.50 EPS for the quarter, beating analysts' consensus estimates of $2.99 by $0.51. Williams-Sonoma had a net margin of 13.74% and a return on equity of 76.64%. The company had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the prior year, the company posted $2.93 EPS. The company's quarterly revenue was up 8.1% compared to the same quarter last year. As a group, research analysts predict that Williams-Sonoma will post 16.08 earnings per share for the current year.

Williams-Sonoma Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 26th. Shareholders of record on Friday, July 22nd will be issued a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date of this dividend is Thursday, July 21st. Williams-Sonoma's dividend payout ratio is presently 20.25%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on WSM shares. StockNews.com upgraded shares of Williams-Sonoma from a "hold" rating to a "buy" rating in a research report on Wednesday, August 10th. Wells Fargo & Company decreased their target price on shares of Williams-Sonoma from $140.00 to $135.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 26th. Telsey Advisory Group decreased their target price on shares of Williams-Sonoma from $198.00 to $165.00 and set an "outperform" rating on the stock in a research report on Friday, May 20th. Evercore ISI decreased their target price on shares of Williams-Sonoma to $135.00 in a research report on Thursday, June 9th. Finally, Morgan Stanley decreased their target price on shares of Williams-Sonoma from $152.00 to $140.00 and set an "equal weight" rating on the stock in a research report on Wednesday, July 20th. Six analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $154.81.

Insiders Place Their Bets

In related news, CEO Laura Alber sold 40,000 shares of the company's stock in a transaction that occurred on Monday, August 8th. The stock was sold at an average price of $151.94, for a total transaction of $6,077,600.00. Following the sale, the chief executive officer now directly owns 525,113 shares of the company's stock, valued at approximately $79,785,669.22. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, insider Ryan Ross sold 10,400 shares of Williams-Sonoma stock in a transaction dated Monday, June 6th. The shares were sold at an average price of $127.42, for a total transaction of $1,325,168.00. Following the sale, the insider now directly owns 21,269 shares in the company, valued at $2,710,095.98. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Laura Alber sold 40,000 shares of Williams-Sonoma stock in a transaction dated Monday, August 8th. The stock was sold at an average price of $151.94, for a total value of $6,077,600.00. Following the transaction, the chief executive officer now directly owns 525,113 shares in the company, valued at $79,785,669.22. The disclosure for this sale can be found here. Insiders sold a total of 60,400 shares of company stock worth $8,756,068 in the last 90 days. 1.70% of the stock is owned by company insiders.