Equities analysts predict that Williams-Sonoma, Inc. (NYSE:WSM) will report $1.65 billion in sales for the current fiscal quarter, Zacks Investment Research reports. Ten analysts have made estimates for Williams-Sonoma’s earnings. The highest sales estimate is $1.66 billion and the lowest is $1.63 billion. Williams-Sonoma reported sales of $1.58 billion during the same quarter last year, which would suggest a positive year over year growth rate of 4.4%. The business is expected to announce its next quarterly earnings results on Wednesday, March 21st.

On average, analysts expect that Williams-Sonoma will report full year sales of $1.65 billion for the current year, with estimates ranging from $5.25 billion to $5.28 billion. For the next fiscal year, analysts forecast that the business will report sales of $5.49 billion per share, with estimates ranging from $5.41 billion to $5.59 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that follow Williams-Sonoma.

Williams-Sonoma (NYSE:WSM) last issued its earnings results on Thursday, November 16th. The specialty retailer reported $0.84 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.84. The firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.29 billion. Williams-Sonoma had a return on equity of 25.45% and a net margin of 5.94%. The business’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.78 earnings per share.

Several research analysts have commented on WSM shares. Zacks Investment Research downgraded Williams-Sonoma from a “buy” rating to a “sell” rating in a research note on Wednesday, November 15th. JPMorgan Chase & Co. downgraded Williams-Sonoma from an “overweight” rating to an “underweight” rating and set a $46.00 price objective for the company. in a research note on Friday, November 17th. Credit Suisse Group downgraded Williams-Sonoma from a “neutral” rating to an “underperform” rating and set a $44.00 price objective for the company. in a research note on Thursday, October 12th. Bank of America lowered their price objective on Williams-Sonoma from $40.00 to $38.00 and set an “underperform” rating for the company in a research note on Friday, November 17th. Finally, Morgan Stanley began coverage on Williams-Sonoma in a research note on Friday, November 17th. They issued a “hold” rating and a $48.00 price objective for the company. Seven investment analysts have rated the stock with a sell rating, eighteen have given a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $51.25.

Shares of Williams-Sonoma (NYSE WSM) traded down $1.64 during midday trading on Tuesday, reaching $53.85. The company’s stock had a trading volume of 1,350,357 shares, compared to its average volume of 1,223,420. The firm has a market capitalization of $4,530.00, a P/E ratio of 15.25, a price-to-earnings-growth ratio of 1.61 and a beta of 0.89. Williams-Sonoma has a 12-month low of $42.68 and a 12-month high of $55.89.

The business also recently announced a quarterly dividend, which will be paid on Friday, February 23rd. Investors of record on Thursday, January 25th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 2.90%. The ex-dividend date is Wednesday, January 24th. Williams-Sonoma’s payout ratio is presently 44.19%.

Hedge funds have recently made changes to their positions in the stock. Ffcm LLC bought a new stake in Williams-Sonoma in the third quarter valued at approximately $125,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Williams-Sonoma by 10.4% during the 2nd 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 in the last quarter. Franklin Resources Inc. bought a new position in shares of Williams-Sonoma during the 2nd quarter worth approximately $182,000. Private Trust Co. NA bought a new position in shares of Williams-Sonoma during the 4th quarter worth approximately $203,000. Finally, High Falls Advisors Inc boosted its holdings in shares of Williams-Sonoma by 7.7% during the 2nd 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 in the last quarter.

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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.

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

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