Williams-Sonoma’s (WSM) Hold Rating Reaffirmed at Jefferies Group LLC

Jefferies Group LLC restated their hold rating on shares of Williams-Sonoma, Inc. (NYSE:WSM) in a research note released on Sunday morning. Jefferies Group also issued estimates for Williams-Sonoma’s Q4 2018 earnings at $1.65 EPS, Q1 2019 earnings at $0.52 EPS, Q2 2019 earnings at $0.62 EPS, Q3 2019 earnings at $0.87 EPS and Q4 2019 earnings at $1.82 EPS.

Several other analysts have also recently weighed in on WSM. BidaskClub cut shares of Williams-Sonoma from a sell rating to a strong sell rating in a research note on Friday, July 28th. Zacks Investment Research raised shares of Williams-Sonoma from a hold rating to a buy rating and set a $53.00 price objective on the stock in a research note on Tuesday, August 8th. Loop Capital reissued a hold rating and issued a $54.00 price objective on shares of Williams-Sonoma in a research note on Monday, August 21st. BTIG Research reissued a sell rating and issued a $41.00 price objective on shares of Williams-Sonoma in a research note on Monday, August 21st. Finally, Bank of America Corporation reissued an underperform rating and issued a $40.00 price objective (down previously from $44.00) on shares of Williams-Sonoma in a research note on Wednesday, August 23rd. Six equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of $51.39.

Williams-Sonoma (NYSE WSM) opened at $46.28 on Friday. The stock has a market cap of $3,938.36, a price-to-earnings ratio of 13.28, a PEG ratio of 1.73 and a beta of 0.91. Williams-Sonoma has a 1-year low of $42.68 and a 1-year high of $56.94.

Williams-Sonoma (NYSE:WSM) last issued its quarterly earnings data on Thursday, November 16th. The specialty retailer reported $0.84 earnings per share for the quarter, hitting the consensus estimate of $0.84. Williams-Sonoma had a net margin of 5.94% and a return on equity of 25.45%. The company had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the previous year, the firm posted $0.78 earnings per share. Williams-Sonoma’s revenue for the quarter was up 4.3% on a year-over-year basis. equities research analysts expect that Williams-Sonoma will post 3.54 EPS for the current fiscal year.

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The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 22nd. Stockholders of record on Friday, October 27th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Thursday, October 26th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.37%. Williams-Sonoma’s dividend payout ratio (DPR) is presently 44.19%.

Several hedge funds have recently added to or reduced their stakes in WSM. Wellington Management Group LLP bought a new position in shares of Williams-Sonoma during the 1st quarter worth about $213,000. Teachers Advisors LLC raised its holdings in shares of Williams-Sonoma by 6.6% in the 1st quarter. Teachers Advisors LLC now owns 92,848 shares of the specialty retailer’s stock worth $4,979,000 after acquiring an additional 5,779 shares during the last quarter. Eqis Capital Management Inc. acquired a new stake in shares of Williams-Sonoma in the 2nd quarter worth about $242,000. Oregon Public Employees Retirement Fund raised its holdings in shares of Williams-Sonoma by 4.3% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 30,286 shares of the specialty retailer’s stock worth $1,469,000 after acquiring an additional 1,258 shares during the last quarter. Finally, LS Investment Advisors LLC raised its holdings in shares of Williams-Sonoma by 18.8% in the 2nd quarter. LS Investment Advisors LLC now owns 6,471 shares of the specialty retailer’s stock worth $314,000 after acquiring an additional 1,026 shares during the last quarter. 99.33% of the stock is currently owned by institutional investors.

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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