FY2019 EPS Estimates for Williams-Sonoma, Inc. (WSM) Decreased by Analyst

Williams-Sonoma, Inc. (NYSE:WSM) – Equities researchers at KeyCorp cut their FY2019 EPS estimates for Williams-Sonoma in a report released on Monday, February 11th. KeyCorp analyst B. Thomas now anticipates that the specialty retailer will post earnings of $4.32 per share for the year, down from their prior estimate of $4.36. KeyCorp also issued estimates for Williams-Sonoma’s Q4 2019 earnings at $1.95 EPS and FY2020 earnings at $4.45 EPS.

Williams-Sonoma (NYSE:WSM) last announced its earnings results on Thursday, November 15th. The specialty retailer reported $0.95 EPS for the quarter, topping the Zacks’ consensus estimate of $0.94 by $0.01. The business had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.37 billion. Williams-Sonoma had a net margin of 4.97% and a return on equity of 29.75%.

Other equities analysts also recently issued reports about the stock. Buckingham Research reduced their target price on shares of Williams-Sonoma from $64.00 to $55.00 and set a “neutral” rating for the company in a report on Friday, November 16th. Wedbush set a $63.00 target price on shares of Williams-Sonoma and gave the stock a “hold” rating in a report on Friday, November 16th. ValuEngine downgraded shares of Williams-Sonoma from a “hold” rating to a “sell” rating in a report on Tuesday, December 25th. Zacks Investment Research downgraded shares of Williams-Sonoma from a “hold” rating to a “sell” rating in a report on Monday, October 29th. Finally, Deutsche Bank reduced their target price on shares of Williams-Sonoma from $65.00 to $60.00 and set a “hold” rating for the company in a report on Friday, November 16th. Four research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $58.40.

Shares of Williams-Sonoma stock opened at $55.68 on Wednesday. The stock has a market capitalization of $4.40 billion, a price-to-earnings ratio of 15.42, a PEG ratio of 1.57 and a beta of 0.94. The company has a quick ratio of 0.38, a current ratio of 1.54 and a debt-to-equity ratio of 0.27. Williams-Sonoma has a one year low of $45.01 and a one year high of $73.99.

Several hedge funds have recently modified their holdings of WSM. Oregon Public Employees Retirement Fund grew its stake in shares of Williams-Sonoma by 5,231.1% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,617,629 shares of the specialty retailer’s stock worth $32,000 after acquiring an additional 1,587,286 shares during the last quarter. IMS Capital Management purchased a new stake in shares of Williams-Sonoma during the third quarter worth about $33,000. IFP Advisors Inc grew its stake in shares of Williams-Sonoma by 108.0% during the fourth quarter. IFP Advisors Inc now owns 1,504 shares of the specialty retailer’s stock worth $75,000 after acquiring an additional 781 shares during the last quarter. Csenge Advisory Group purchased a new stake in shares of Williams-Sonoma during the third quarter worth about $124,000. Finally, NEXT Financial Group Inc grew its stake in shares of Williams-Sonoma by 130.9% during the fourth quarter. NEXT Financial Group Inc now owns 2,540 shares of the specialty retailer’s stock worth $128,000 after acquiring an additional 1,440 shares during the last quarter.

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 22nd. Stockholders of record on Friday, January 25th will be paid a dividend of $0.43 per share. The ex-dividend date is Thursday, January 24th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 3.09%. Williams-Sonoma’s payout ratio is 47.65%.

About Williams-Sonoma

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

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