WSM, or Williams-Sonoma, Inc., is another name for the company. Williams-EPS Jefferies Financial Group’s stock analysts updated their forecasts for the upcoming fiscal year of Sonoma on January 9, 2019, in a research note distributed to investors on the same day. According to a new forecast provided by J. Matuszewski of Jefferies Financial Group, the specialty retailer is anticipated to generate revenue of $13.48 per share in 2018, which represents an increase compared to the revenue of $13.45 per share generated in 2017. The stock of Jefferies Financial Group currently carries a rating of “Underperform,” and a price target of $100.00 has been established for the stock. It has been determined that the average earnings forecast for Williams-Sonoma’s year is $16.48 per share. These forecasts have been compiled. Williams-Q4 According to projections made by Jefferies Financial Group, Sonoma will bring in revenue equivalent to $5.23 per share in the year 2024.
The most recent quarterly earnings report for Williams-Sonoma, which is traded on the NYSE under the ticker symbol WSM, was released to the public on Thursday, November 17, 2018. The specialty retailer reported earnings for the quarter of $3.72 per share, which was lower than the $3.78 per share that industry analysts had anticipated reporting in 2018. The specialty retailer reported earnings for the quarter of $3.72 per share, which was lower than the $3.78 per share that industry analysts had anticipated it would report. In 2017, Williams-Sonoma achieved a return on equity of 83.08% and a net margin of 13.48%. The company reported quarterly revenue of $2.19 billion, which was significantly higher than the market experts’ consensus estimate of $2.16 billion, which the company also reported.
On Thursday, WSM stock was introduced to the market for $130.10 per share. $119.66 is the company’s moving average price over the past 50 days, and $129.96 is the company’s average price over the past 200 days. The prices at Williams-Sonoma can range anywhere from $101.58 to $176.89 over a single year. The company’s market capitalization is currently sitting at $8.66 billion. It possesses a price-to-earnings ratio of 7.88, a price-to-earnings-growth ratio of 0.74, and a beta value of 1.55.
In addition, several other research authorities have recently published their findings regarding WSM. On Monday, October 31, Citigroup released a research note stating that they had decreased their price objective on Williams-Sonoma from $156.00 to $135.00. The note was published online. In a research report published on Friday, November 18, Cowen lowered their “outperform” rating on Williams-Sonoma and decreased their price target on the company from $170.00 to $145.00. These changes were made in response to the company’s recent financial results. Telsey Advisory Group classified Williams-Price Sonoma as an “outperform” business in a research study published on Friday, November 18. This was the case even though the company had reduced its goal from $195.00 to $155.00 during the study. The results of the analysis were published. Williams-Sonoma was given an “equal weight” rating by Wells Fargo & Company in a research report published on Friday, November 18.
Additionally, the company’s price objective was reduced from $170.00 to $120.00 during the same period. The “hold” rating that The Goldman Sachs Group had previously assigned to Williams-Sonoma was downgraded to a “sell” rating in a research report published on Monday, December 12. The most recent and significant of the downgrades was this most recent one. Six financial advisors have suggested selling the stock, eight have suggested keeping it in one’s portfolio, and four analysts have suggested buying the security. According to the data retrieved from Bloomberg.com, the company’s current consensus target price is $133.06, and the average recommendation for the stock is “Hold.”
In addition, the corporation has declared a quarterly dividend, which is scheduled to be paid out on Friday, February 24. Shareholders who had their shares registered as of Friday will be eligible to receive a dividend payment on Friday, January 20, 2019, for $0.78 per share. The payment will be made to shareholders who owned shares as of Friday. The ex-dividend day is Thursday, January 19, coming very soon. Because of this, the dividend yield comes to 2.40 percent, and the annual dividend payment comes to 3.12 dollars. Williams-current Sonoma’s earnings are divided and given back to shareholders in the form of dividends at a rate of 18.91%.
Marta Benson, an employee of the company who is considered an insider, sold a total of 10,000 shares of the company’s stock on December 2, another noteworthy event. The total amount received for the sale of the shares was $1,148,800.00, which comes out to an average price of $114.88 per share. After the completion of the sale, the company insider now directly owns 33,477 shares of the company. Based on the current stock price, these shares are estimated to be worth approximately $3,845,837.76. This page contains the filing containing the information about the transaction provided to the Securities and Exchange Commission (SEC). You can access the filing by clicking here. 1.70 company insiders own a percent of the total number of shares in the company.