Williams-Sonoma (NYSE:WSM) is scheduled to be announcing its earnings results after the market closes on Thursday, November 21st. Analysts expect the company to announce earnings of $1.00 per share for the quarter. Williams-Sonoma has set its FY 2019 guidance at $4.60-4.80 EPS and its FY20 guidance at $4.60-4.80 EPS.Investors that wish to register for the company’s conference call can do so using this link.
Williams-Sonoma (NYSE:WSM) last posted its quarterly earnings results on Wednesday, August 28th. The specialty retailer reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.04. The business had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.31 billion. Williams-Sonoma had a net margin of 6.07% and a return on equity of 33.89%. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.77 earnings per share. On average, analysts expect Williams-Sonoma to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Williams-Sonoma stock opened at $72.94 on Tuesday. The company has a quick ratio of 0.31, a current ratio of 1.31 and a debt-to-equity ratio of 1.29. The company has a market capitalization of $5.65 billion, a PE ratio of 16.35, a P/E/G ratio of 1.61 and a beta of 0.89. The firm has a fifty day simple moving average of $68.58 and a two-hundred day simple moving average of $63.98. Williams-Sonoma has a twelve month low of $45.01 and a twelve month high of $74.15.
The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, October 25th will be paid a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 2.63%. The ex-dividend date is Thursday, October 24th. Williams-Sonoma’s dividend payout ratio is presently 43.05%.
In related news, insider Alex Bellos sold 4,820 shares of the business’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $65.25, for a total transaction of $314,505.00. Following the transaction, the insider now owns 8,177 shares in the company, valued at $533,549.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Laura Alber sold 35,000 shares of the business’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $70.57, for a total transaction of $2,469,950.00. Following the transaction, the chief executive officer now owns 411,861 shares in the company, valued at approximately $29,065,030.77. The disclosure for this sale can be found here. 1.30% of the stock is owned by insiders.
Several analysts have weighed in on WSM shares. Wedbush set a $63.00 price target on shares of Williams-Sonoma and gave the stock a “hold” rating in a research note on Thursday, August 29th. Royal Bank of Canada upped their price objective on shares of Williams-Sonoma from $61.00 to $67.00 and gave the company a “sector perform” rating in a research note on Thursday, August 29th. Telsey Advisory Group upped their price objective on shares of Williams-Sonoma from $62.00 to $70.00 and gave the company a “market perform” rating in a research note on Thursday, August 29th. Zacks Investment Research raised shares of Williams-Sonoma from a “hold” rating to a “buy” rating and set a $69.00 price objective for the company in a research note on Monday, September 23rd. Finally, Goldman Sachs Group set a $76.00 price objective on shares of Williams-Sonoma and gave the company a “buy” rating in a research note on Monday, August 26th. Three equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have issued a buy rating to the company. Williams-Sonoma currently has a consensus rating of “Hold” and a consensus target price of $64.85.
Williams-Sonoma, Inc operates as a multi-channel specialty retailer of various products for home. It operates through two segments, E-commerce and Retail. The company offers cooking, dining, and entertaining products, including cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma brand, as well as home furnishings and decorative accessories under the Williams Sonoma Home brand; and furniture, bedding, bathroom accessories, rugs, curtains, lighting, tabletop, outdoor, and decorative accessories under the Pottery Barn brand.
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