Williams-Sonoma Inc. (NYSE:WSM) – Equities researchers at KeyCorp cut their Q4 2017 earnings per share (EPS) estimates for Williams-Sonoma in a report issued on Thursday. KeyCorp analyst B. Thomas now forecasts that the brokerage will post earnings of $1.55 per share for the quarter, down from their prior forecast of $1.62. KeyCorp also issued estimates for Williams-Sonoma’s FY2018 earnings at $3.65 EPS.

Other equities research analysts have also issued reports about the stock. Vetr upgraded shares of Williams-Sonoma from a “buy” rating to a “strong-buy” rating and set a $58.75 target price on the stock in a report on Wednesday, July 27th. Robert W. Baird reiterated an “outperform” rating and issued a $61.00 target price (down from $68.00) on shares of Williams-Sonoma in a report on Thursday, August 25th. SunTrust Banks Inc. restated a “buy” rating on shares of Williams-Sonoma in a report on Saturday. Wedbush restated a “neutral” rating and set a $53.00 price objective on shares of Williams-Sonoma in a report on Thursday, August 4th. Finally, Jefferies Group restated a “hold” rating and set a $56.00 price objective (down from $57.00) on shares of Williams-Sonoma in a report on Thursday, August 25th. Three investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and eight have issued a buy rating to the stock. Williams-Sonoma has a consensus rating of “Hold” and a consensus target price of $57.23.

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

Williams-Sonoma (NYSE:WSM) traded up 1.94% on Monday, reaching $54.61. 967,853 shares of the company’s stock were exchanged. The firm has a market cap of $4.83 billion, a PE ratio of 16.35 and a beta of 0.84. The firm’s 50-day moving average is $48.98 and its 200-day moving average is $51.54. Williams-Sonoma has a 12 month low of $45.96 and a 12 month high of $65.08.

Williams-Sonoma (NYSE:WSM) last released its earnings results on Thursday, November 17th. The company reported $0.78 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.77 by $0.01. The firm earned $1.25 million during the quarter, compared to analyst estimates of $1.26 billion. Williams-Sonoma had a net margin of 5.93% and a return on equity of 26.59%. The business’s revenue was up 1.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.77 EPS.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 23rd. Stockholders of record on Thursday, October 27th will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date is Tuesday, October 25th. Williams-Sonoma’s dividend payout ratio (DPR) is presently 44.18%.

In related news, CEO Laura Alber sold 80,000 shares of Williams-Sonoma stock in a transaction dated Monday, August 29th. The shares were sold at an average price of $53.19, for a total transaction of $4,255,200.00. Following the completion of the sale, the chief executive officer now owns 307,860 shares of the company’s stock, valued at approximately $16,375,073.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Janet Hayes sold 15,027 shares of Williams-Sonoma stock in a transaction dated Friday, September 23rd. The stock was sold at an average price of $49.74, for a total transaction of $747,442.98. Following the sale, the insider now directly owns 32,776 shares of the company’s stock, valued at approximately $1,630,278.24. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by insiders.

Hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Williams-Sonoma by 2.2% in the second quarter. Vanguard Group Inc. now owns 5,819,191 shares of the company’s stock valued at $303,353,000 after buying an additional 123,732 shares during the last quarter. Blackhill Capital Inc. increased its stake in shares of Williams-Sonoma by 0.3% in the second quarter. Blackhill Capital Inc. now owns 4,974,375 shares of the company’s stock valued at $259,314,000 after buying an additional 12,776 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Williams-Sonoma by 25.2% in the third quarter. Bank of New York Mellon Corp now owns 3,351,855 shares of the company’s stock valued at $171,213,000 after buying an additional 675,438 shares during the last quarter. HS Management Partners LLC increased its stake in shares of Williams-Sonoma by 20.6% in the second quarter. HS Management Partners LLC now owns 3,112,376 shares of the company’s stock valued at $162,248,000 after buying an additional 531,800 shares during the last quarter. Finally, BlackRock Fund Advisors increased its stake in shares of Williams-Sonoma by 3.8% in the third quarter. BlackRock Fund Advisors now owns 3,054,456 shares of the company’s stock valued at $156,022,000 after buying an additional 111,283 shares during the last quarter. 98.91% of the stock is owned by institutional investors and hedge funds.

Williams-Sonoma Company Profile

Williams-Sonoma, Inc is a multi-channel specialty retailer of products for the home. The Company operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom. It operates through two segments: e-commerce and retail. The e-commerce segment has various merchandising strategies, such as Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which sell its products through the Company’s e-commerce Websites and direct-mail catalogs.

5 Day Chart for NYSE:WSM

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