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.
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.
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