Shares of Williams-Sonoma, Inc. (NYSE:WSM) have been assigned an average rating of “Hold” from the twenty-five brokerages that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, seventeen have issued a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $56.79.

A number of brokerages have recently issued reports on WSM. BidaskClub upgraded shares of Williams-Sonoma from a “sell” rating to a “hold” rating in a research report on Saturday, July 1st. SunTrust Banks, Inc. set a $62.00 price target on shares of Williams-Sonoma and gave the stock a “buy” rating in a research note on Saturday, June 10th. ValuEngine downgraded shares of Williams-Sonoma from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. CIBC reissued a “hold” rating on shares of Williams-Sonoma in a research note on Friday, May 26th. Finally, Oppenheimer Holdings, Inc. reissued a “hold” rating on shares of Williams-Sonoma in a research note on Thursday, May 25th.

Williams-Sonoma (NYSE WSM) traded down 1.80% during trading on Friday, reaching $46.96. 278,380 shares of the company’s stock were exchanged. Williams-Sonoma has a 1-year low of $45.68 and a 1-year high of $57.40. The company’s 50-day moving average is $48.68 and its 200-day moving average is $50.14. The company has a market capitalization of $4.07 billion, a PE ratio of 13.68 and a beta of 0.90.

Williams-Sonoma (NYSE:WSM) last posted its quarterly earnings data on Wednesday, May 24th. The specialty retailer reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.02. Williams-Sonoma had a net margin of 5.99% and a return on equity of 25.51%. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter in the previous year, the firm posted $0.53 EPS. The business’s revenue was up 1.3% compared to the same quarter last year. Equities research analysts expect that Williams-Sonoma will post $3.56 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 25th. Investors of record on Friday, July 21st will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date of this dividend is Wednesday, July 19th. Williams-Sonoma’s dividend payout ratio is 45.35%.

Institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. increased its stake in Williams-Sonoma by 11,148.3% in the first quarter. BlackRock Inc. now owns 9,128,342 shares of the specialty retailer’s stock worth $489,461,000 after buying an additional 9,047,189 shares during the last quarter. Norges Bank bought a new stake in Williams-Sonoma during the fourth quarter worth $36,265,000. BTIM Corp. bought a new stake in Williams-Sonoma during the first quarter worth $29,472,000. Vanguard Group Inc. increased its stake in Williams-Sonoma by 8.3% in the first quarter. Vanguard Group Inc. now owns 6,617,537 shares of the specialty retailer’s stock worth $354,832,000 after buying an additional 506,305 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Williams-Sonoma by 14.6% in the first quarter. Bank of New York Mellon Corp now owns 3,798,275 shares of the specialty retailer’s stock worth $203,663,000 after buying an additional 484,775 shares during the last quarter. 97.55% of the stock is currently owned by hedge funds and other institutional investors.

WARNING: This piece of content was originally published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of United States and international copyright laws. The original version of this piece of content can be read at https://www.americanbankingnews.com/2017/07/07/williams-sonoma-inc-nysewsm-receives-average-rating-of-hold-from-brokerages.html.

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.

Analyst Recommendations for Williams-Sonoma (NYSE:WSM)

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