Williams-Sonoma, Inc. (NYSE:WSM)‘s stock had its “sell” rating reissued by stock analysts at BTIG Research in a research report issued to clients and investors on Monday. They currently have a $41.00 price target on the specialty retailer’s stock. BTIG Research’s target price would suggest a potential downside of 5.90% from the company’s current price.

A number of other equities analysts also recently commented on the stock. BidaskClub downgraded shares of Williams-Sonoma from a “hold” rating to a “sell” rating in a research note on Wednesday, June 21st. Gordon Haskett started coverage on shares of Williams-Sonoma in a research note on Tuesday, May 9th. They set an “accumulate” rating and a $61.00 price objective for the company. Credit Suisse Group restated a “hold” rating and set a $44.00 price objective on shares of Williams-Sonoma in a research note on Tuesday, May 23rd. Jefferies Group LLC restated a “hold” rating and set a $54.00 price objective on shares of Williams-Sonoma in a research note on Thursday, May 25th. Finally, Telsey Advisory Group increased their price objective on shares of Williams-Sonoma from $51.00 to $57.00 and gave the stock a “market perform” rating in a research note on Thursday, May 25th. Three analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $55.97.

Williams-Sonoma (NYSE WSM) traded up 0.21% during midday trading on Monday, hitting $43.66. The stock had a trading volume of 459,220 shares. The stock’s 50-day moving average is $45.88 and its 200-day moving average is $49.01. Williams-Sonoma has a one year low of $43.04 and a one year high of $57.40. The company has a market cap of $3.78 billion, a P/E ratio of 12.72 and a beta of 0.89.

Williams-Sonoma (NYSE:WSM) last posted its quarterly earnings data on Wednesday, May 24th. The specialty retailer reported $0.51 EPS for the quarter, topping the Zacks’ 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 during the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the prior year, the business posted $0.53 EPS. The company’s quarterly revenue was up 1.3% on a year-over-year basis. Equities analysts predict that Williams-Sonoma will post $3.56 EPS for the current fiscal year.

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Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vision Capital Management Inc. raised its position in shares of Williams-Sonoma by 0.3% in the second quarter. Vision Capital Management Inc. now owns 18,599 shares of the specialty retailer’s stock worth $902,000 after buying an additional 47 shares during the last quarter. Creative Planning raised its position in shares of Williams-Sonoma by 3.8% in the first quarter. Creative Planning now owns 2,085 shares of the specialty retailer’s stock worth $112,000 after buying an additional 76 shares during the last quarter. US Bancorp DE raised its position in shares of Williams-Sonoma by 0.4% in the second quarter. US Bancorp DE now owns 21,313 shares of the specialty retailer’s stock worth $1,033,000 after buying an additional 82 shares during the last quarter. State Treasurer State of Michigan raised its position in shares of Williams-Sonoma by 0.3% in the second quarter. State Treasurer State of Michigan now owns 32,900 shares of the specialty retailer’s stock worth $1,596,000 after buying an additional 100 shares during the last quarter. Finally, Gofen & Glossberg LLC IL raised its position in shares of Williams-Sonoma by 0.4% in the first quarter. Gofen & Glossberg LLC IL now owns 27,552 shares of the specialty retailer’s stock worth $1,477,000 after buying an additional 120 shares during the last quarter. Hedge funds and other institutional investors own 95.52% of the company’s stock.

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)

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