Equities research analysts predict that Williams-Sonoma, Inc. (NYSE:WSM) will announce earnings per share (EPS) of $0.03 for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have provided estimates for Williams-Sonoma’s earnings. The lowest EPS estimate is ($0.34) and the highest is $0.83. Williams-Sonoma posted earnings per share of $0.81 during the same quarter last year, which suggests a negative year-over-year growth rate of 96.3%. The firm is expected to issue its next earnings results on Thursday, June 4th.

According to Zacks, analysts expect that Williams-Sonoma will report full-year earnings of $3.26 per share for the current fiscal year, with EPS estimates ranging from $2.34 to $4.98. For the next year, analysts anticipate that the firm will report earnings of $3.92 per share, with EPS estimates ranging from $2.35 to $5.24. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that that provide coverage for Williams-Sonoma.

Williams-Sonoma (NYSE:WSM) last issued its quarterly earnings results on Wednesday, March 18th. The specialty retailer reported $2.13 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.05 by $0.08. The company had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.82 billion. Williams-Sonoma had a return on equity of 33.13% and a net margin of 6.04%. The company’s revenue for the quarter was up .4% on a year-over-year basis. During the same period in the previous year, the business posted $2.10 EPS.

Several analysts recently commented on WSM shares. Telsey Advisory Group decreased their price target on Williams-Sonoma from $80.00 to $60.00 and set a “market perform” rating on the stock in a research note on Monday, March 16th. Morgan Stanley cut their price target on Williams-Sonoma from $68.00 to $45.00 and set an “underweight” rating on the stock in a research note on Tuesday, March 17th. Argus increased their price target on Williams-Sonoma from $80.00 to $81.00 and gave the stock a “buy” rating in a report on Monday, December 2nd. They noted that the move was a valuation call. Stifel Nicolaus lowered their target price on Williams-Sonoma from $70.00 to $40.00 and set a “hold” rating on the stock in a research note on Friday, March 20th. Finally, Loop Capital lowered their target price on Williams-Sonoma from $70.00 to $40.00 and set a “hold” rating on the stock in a research note on Friday, March 20th. Three analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $57.84.

In other Williams-Sonoma news, CEO Laura Alber sold 15,000 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $74.19, for a total transaction of $1,112,850.00. Following the transaction, the chief executive officer now owns 414,597 shares in the company, valued at approximately $30,758,951.43. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.87% of the stock is owned by company insiders.

A number of institutional investors have recently bought and sold shares of WSM. Marshall Wace North America L.P. purchased a new stake in Williams-Sonoma in the 1st quarter valued at about $56,000. Amundi Pioneer Asset Management Inc. lifted its position in Williams-Sonoma by 5.1% during the first quarter. Amundi Pioneer Asset Management Inc. now owns 37,903 shares of the specialty retailer’s stock valued at $2,133,000 after acquiring an additional 1,839 shares during the last quarter. Voya Investment Management LLC lifted its position in Williams-Sonoma by 127.8% during the third quarter. Voya Investment Management LLC now owns 34,861 shares of the specialty retailer’s stock valued at $2,370,000 after acquiring an additional 19,561 shares during the last quarter. Neo Ivy Capital Management purchased a new stake in Williams-Sonoma during the third quarter valued at approximately $486,000. Finally, California State Teachers Retirement System lifted its position in Williams-Sonoma by 0.4% during the third quarter. California State Teachers Retirement System now owns 128,801 shares of the specialty retailer’s stock valued at $8,756,000 after acquiring an additional 525 shares during the last quarter. Hedge funds and other institutional investors own 99.53% of the company’s stock.

Shares of WSM traded up $0.82 on Thursday, reaching $44.56. 78,811 shares of the stock traded hands, compared to its average volume of 1,881,015. The firm has a market cap of $3.29 billion, a price-to-earnings ratio of 9.90, a P/E/G ratio of 1.63 and a beta of 0.97. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.09 and a quick ratio of 0.41. Williams-Sonoma has a 12 month low of $26.01 and a 12 month high of $77.00. The stock’s 50-day moving average price is $60.27 and its 200-day moving average price is $67.64.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, April 24th will be paid a dividend of $0.48 per share. The ex-dividend date is Thursday, April 23rd. This represents a $1.92 dividend on an annualized basis and a yield of 4.31%. Williams-Sonoma’s dividend payout ratio (DPR) is presently 39.67%.

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.

See Also: Initial Public Offering (IPO)

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

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