Williams-Sonoma, Inc. (WSM) Expected to Post Earnings of $1.62 Per Share

Wall Street analysts expect that Williams-Sonoma, Inc. (NYSE:WSM) will post earnings of $1.62 per share for the current fiscal quarter, according to Zacks Investment Research. Ten analysts have provided estimates for Williams-Sonoma’s earnings, with the highest EPS estimate coming in at $1.76 and the lowest estimate coming in at $1.54. Williams-Sonoma posted earnings per share of $1.55 in the same quarter last year, which would indicate a positive year-over-year growth rate of 4.5%. The business is scheduled to issue its next quarterly earnings report on Wednesday, March 21st.

According to Zacks, analysts expect that Williams-Sonoma will report full-year earnings of $3.55 per share for the current financial year, with EPS estimates ranging from $3.48 to $3.69. For the next financial year, analysts forecast that the company will post earnings of $3.88 per share, with EPS estimates ranging from $3.63 to $4.66. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for Williams-Sonoma.

Williams-Sonoma (NYSE:WSM) last announced its quarterly earnings data on Thursday, November 16th. The specialty retailer reported $0.84 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.84. Williams-Sonoma had a net margin of 5.94% and a return on equity of 25.45%. The business had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same period last year, the firm posted $0.78 EPS. The company’s revenue was up 4.3% on a year-over-year basis.

A number of brokerages have issued reports on WSM. Zacks Investment Research lowered shares of Williams-Sonoma from a “hold” rating to a “sell” rating in a report on Saturday. Jefferies Group reaffirmed a “hold” rating on shares of Williams-Sonoma in a report on Sunday, November 19th. Oppenheimer reiterated a “hold” rating on shares of Williams-Sonoma in a research report on Friday, November 17th. Robert W. Baird set a $48.00 target price on Williams-Sonoma and gave the company a “hold” rating in a research report on Tuesday, October 31st. Finally, Moffett Nathanson assumed coverage on Williams-Sonoma in a research report on Monday, December 4th. They set a “neutral” rating for the company. Seven research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $51.25.

Shares of Williams-Sonoma (NYSE WSM) opened at $55.49 on Friday. Williams-Sonoma has a fifty-two week low of $42.68 and a fifty-two week high of $55.89. The stock has a market cap of $4,670.87, a P/E ratio of 15.81, a price-to-earnings-growth ratio of 1.62 and a beta of 0.89.

The business also recently declared a quarterly dividend, which will be paid on Friday, February 23rd. Investors of record on Thursday, January 25th will be given a $0.39 dividend. The ex-dividend date is Wednesday, January 24th. This represents a $1.56 dividend on an annualized basis and a yield of 2.81%. Williams-Sonoma’s dividend payout ratio is presently 44.19%.

Institutional investors and hedge funds have recently modified their holdings of the stock. Ffcm LLC bought a new stake in Williams-Sonoma in the third quarter worth $125,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Williams-Sonoma by 10.4% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,911 shares of the specialty retailer’s stock worth $141,000 after buying an additional 274 shares during the last quarter. Franklin Resources Inc. bought a new stake in Williams-Sonoma in the second quarter worth $182,000. Koch Industries Inc. bought a new stake in Williams-Sonoma in the second quarter worth $207,000. Finally, High Falls Advisors Inc lifted its position in Williams-Sonoma by 7.7% in the second quarter. High Falls Advisors Inc now owns 4,343 shares of the specialty retailer’s stock worth $211,000 after buying an additional 312 shares during the last quarter. Institutional investors own 96.62% of the company’s stock.

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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.

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

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