Shares of Williams-Sonoma, Inc. (NYSE:WSM) have been given an average recommendation of “Hold” by the twenty-eight analysts that are presently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, eighteen have given a hold recommendation and six have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $51.82.

Several research firms recently issued reports on WSM. Credit Suisse Group restated a “hold” rating and issued a $44.00 target price on shares of Williams-Sonoma in a report on Tuesday, May 23rd. Oppenheimer Holdings, Inc. restated a “hold” rating on shares of Williams-Sonoma in a report on Thursday, May 25th. Telsey Advisory Group boosted their target price on shares of Williams-Sonoma from $51.00 to $57.00 and gave the company a “market perform” rating in a report on Thursday, May 25th. Jefferies Group LLC restated a “hold” rating and issued a $54.00 target price on shares of Williams-Sonoma in a report on Thursday, May 25th. Finally, CIBC restated a “hold” rating on shares of Williams-Sonoma in a report on Friday, May 26th.

Williams-Sonoma (WSM) traded down 1.10% during mid-day trading on Wednesday, hitting $47.59. 577,525 shares of the company were exchanged. The company has a market capitalization of $4.05 billion, a P/E ratio of 13.67 and a beta of 0.85. The company’s 50-day moving average is $46.22 and its 200 day moving average is $48.79. Williams-Sonoma has a 12-month low of $42.68 and a 12-month high of $56.94.

Williams-Sonoma (NYSE:WSM) last released its earnings results on Wednesday, August 23rd. The specialty retailer reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.02. The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.20 billion. Williams-Sonoma had a net margin of 5.96% and a return on equity of 25.43%. Williams-Sonoma’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.58 earnings per share. Analysts expect that Williams-Sonoma will post $3.59 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 22nd. Shareholders of record on Friday, October 27th will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date is Thursday, October 26th. Williams-Sonoma’s payout ratio is 44.96%.

A number of hedge funds have recently modified their holdings of WSM. Great West Life Assurance Co. Can grew its position in Williams-Sonoma by 3.5% in the 1st quarter. Great West Life Assurance Co. Can now owns 48,263 shares of the specialty retailer’s stock worth $2,586,000 after purchasing an additional 1,628 shares in the last quarter. First Trust Advisors LP grew its position in Williams-Sonoma by 178.8% in the 1st quarter. First Trust Advisors LP now owns 133,061 shares of the specialty retailer’s stock worth $7,135,000 after purchasing an additional 85,335 shares in the last quarter. Comerica Bank grew its position in Williams-Sonoma by 2.7% in the 1st quarter. Comerica Bank now owns 65,273 shares of the specialty retailer’s stock worth $3,571,000 after purchasing an additional 1,697 shares in the last quarter. World Asset Management Inc grew its position in Williams-Sonoma by 14.5% in the 1st quarter. World Asset Management Inc now owns 6,628 shares of the specialty retailer’s stock worth $355,000 after purchasing an additional 837 shares in the last quarter. Finally, UBS Asset Management Americas Inc. grew its position in Williams-Sonoma by 132.3% in the 1st quarter. UBS Asset Management Americas Inc. now owns 164,409 shares of the specialty retailer’s stock worth $8,816,000 after purchasing an additional 93,645 shares in the last quarter. 97.89% of the stock is owned by institutional investors and hedge funds.

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About Williams-Sonoma

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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