Williams-Sonoma, Inc. (WSM) Expected to Earn FY2021 Earnings of $4.80 Per Share

Share on StockTwits

Williams-Sonoma, Inc. (NYSE:WSM) – Equities research analysts at Jefferies Financial Group issued their FY2021 EPS estimates for Williams-Sonoma in a report released on Thursday, March 21st. Jefferies Financial Group analyst J. Matuszewski anticipates that the specialty retailer will earn $4.80 per share for the year.

Williams-Sonoma (NYSE:WSM) last released its quarterly earnings data on Wednesday, March 20th. The specialty retailer reported $2.10 earnings per share for the quarter, beating the consensus estimate of $1.97 by $0.13. Williams-Sonoma had a net margin of 5.88% and a return on equity of 32.48%. The firm had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.80 billion. During the same period in the previous year, the company earned $1.68 earnings per share. The firm’s quarterly revenue was up 9.3% on a year-over-year basis.

Other research analysts have also recently issued reports about the stock. Zacks Investment Research raised shares of Williams-Sonoma from a “hold” rating to a “buy” rating and set a $66.00 price objective for the company in a report on Monday. William Blair reissued a “market perform” rating on shares of Williams-Sonoma in a report on Thursday, March 21st. ValuEngine cut shares of Williams-Sonoma from a “hold” rating to a “sell” rating in a report on Tuesday, December 25th. Morgan Stanley cut shares of Williams-Sonoma from an “equal weight” rating to an “underweight” rating and set a $51.01 price objective for the company. in a report on Wednesday, January 23rd. Finally, Royal Bank of Canada boosted their price objective on shares of Williams-Sonoma to $60.00 and gave the company a “sector perform” rating in a report on Thursday, March 21st. Three research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $59.33.

WSM opened at $57.94 on Monday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.58 and a quick ratio of 0.53. Williams-Sonoma has a twelve month low of $45.01 and a twelve month high of $73.99. The company has a market cap of $4.57 billion, a PE ratio of 12.99, a P/E/G ratio of 1.72 and a beta of 0.94.

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, April 26th will be issued a dividend of $0.48 per share. This is a boost from Williams-Sonoma’s previous quarterly dividend of $0.43. This represents a $1.92 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date is Thursday, April 25th. Williams-Sonoma’s dividend payout ratio is currently 38.57%.

A number of hedge funds have recently made changes to their positions in WSM. Private Advisor Group LLC purchased a new stake in Williams-Sonoma during the third quarter valued at approximately $278,000. Janney Montgomery Scott LLC increased its stake in shares of Williams-Sonoma by 162.5% in the third quarter. Janney Montgomery Scott LLC now owns 14,453 shares of the specialty retailer’s stock worth $950,000 after purchasing an additional 8,948 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Williams-Sonoma by 642.9% in the third quarter. JPMorgan Chase & Co. now owns 977,986 shares of the specialty retailer’s stock worth $64,273,000 after purchasing an additional 846,345 shares in the last quarter. MML Investors Services LLC purchased a new stake in shares of Williams-Sonoma in the third quarter worth $266,000. Finally, Commonwealth Bank of Australia purchased a new stake in shares of Williams-Sonoma in the third quarter worth $650,000.

Williams-Sonoma Company Profile

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.

Further Reading: What is a Candlestick Chart?

Earnings History and Estimates for Williams-Sonoma (NYSE:WSM)

Receive News & Ratings for Williams-Sonoma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams-Sonoma and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

FintruX Network  Trading 26.5% Lower  Over Last 7 Days
FintruX Network Trading 26.5% Lower Over Last 7 Days
Panhandle Oil and Gas Inc.  Given $23.50 Average Target Price by Brokerages
Panhandle Oil and Gas Inc. Given $23.50 Average Target Price by Brokerages
Propy Tops 24 Hour Trading Volume of $2.36 Million
Propy Tops 24 Hour Trading Volume of $2.36 Million
Zacks: Dawson Geophysical Co  Given Average Rating of “Buy” by Brokerages
Zacks: Dawson Geophysical Co Given Average Rating of “Buy” by Brokerages
Brokerages Anticipate Jefferies Financial Group Inc  to Announce $0.24 Earnings Per Share
Brokerages Anticipate Jefferies Financial Group Inc to Announce $0.24 Earnings Per Share
Bismuth  Hits 1-Day Trading Volume of $903.00
Bismuth Hits 1-Day Trading Volume of $903.00


© 2006-2019 Ticker Report