Williams-Sonoma, Inc. (WSM) Expected to Announce Earnings of $0.68 Per Share

Wall Street analysts expect Williams-Sonoma, Inc. (NYSE:WSM) to report $0.68 earnings per share (EPS) for the current quarter, Zacks reports. Nine analysts have made estimates for Williams-Sonoma’s earnings, with estimates ranging from $0.62 to $0.72. Williams-Sonoma reported earnings of $0.67 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 1.5%. The firm is expected to issue its next earnings results on Wednesday, May 22nd.

According to Zacks, analysts expect that Williams-Sonoma will report full year earnings of $4.58 per share for the current financial year, with EPS estimates ranging from $4.43 to $4.69. For the next year, analysts forecast that the business will post earnings of $4.79 per share, with EPS estimates ranging from $4.36 to $4.95. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Williams-Sonoma.

Williams-Sonoma (NYSE:WSM) last issued its quarterly earnings data on Wednesday, March 20th. The specialty retailer reported $2.10 EPS for the quarter, topping analysts’ consensus estimates of $1.97 by $0.13. The firm had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.80 billion. Williams-Sonoma had a return on equity of 32.48% and a net margin of 5.88%. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.68 EPS.



Several research firms have recently issued reports on WSM. Zacks Investment Research raised Williams-Sonoma from a “hold” rating to a “buy” rating and set a $60.00 target price for the company in a report on Friday. Berenberg Bank began coverage on Williams-Sonoma in a report on Thursday, May 9th. They issued a “hold” rating and a $61.00 target price for the company. William Blair reaffirmed a “market perform” rating on shares of Williams-Sonoma in a report on Thursday, March 21st. Royal Bank of Canada upped their target price on Williams-Sonoma to $60.00 and gave the company a “sector perform” rating in a report on Thursday, March 21st. Finally, Evercore ISI assumed coverage on Williams-Sonoma in a report on Wednesday, March 20th. They issued an “in-line” rating and a $60.00 target price for the company. Three analysts have rated the stock with a sell rating, fifteen have given a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $59.11.

Large investors have recently bought and sold shares of the business. Penserra Capital Management LLC purchased a new stake in shares of Williams-Sonoma during the first quarter worth $28,000. Oregon Public Employees Retirement Fund lifted its position in shares of Williams-Sonoma by 5,231.1% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,617,629 shares of the specialty retailer’s stock worth $32,000 after acquiring an additional 1,587,286 shares in the last quarter. Pinnacle Bank purchased a new stake in shares of Williams-Sonoma during the fourth quarter worth $36,000. Fifth Third Bancorp raised its position in shares of Williams-Sonoma by 79.6% in the first quarter. Fifth Third Bancorp now owns 810 shares of the specialty retailer’s stock worth $46,000 after buying an additional 359 shares in the last quarter. Finally, Truvestments Capital LLC purchased a new stake in shares of Williams-Sonoma in the first quarter worth $55,000.

WSM traded down $0.55 during midday trading on Friday, reaching $53.18. 78,198 shares of the company were exchanged, compared to its average volume of 1,274,918. The firm has a market capitalization of $4.18 billion, a P/E ratio of 11.93, a P/E/G ratio of 1.61 and a beta of 0.93. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.53 and a current ratio of 1.58. Williams-Sonoma has a one year low of $45.01 and a one year high of $73.99.

The business also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, April 26th will be given a dividend of $0.48 per share. The ex-dividend date is Thursday, April 25th. This represents a $1.92 annualized dividend and a dividend yield of 3.61%. This is an increase from Williams-Sonoma’s previous quarterly dividend of $0.43. Williams-Sonoma’s dividend payout ratio is currently 43.05%.

Williams-Sonoma Company Profile

Williams-Sonoma, Inc operates as a multi-channel specialty retailer of various products for home. It operates through two segments, E-commerce and Retail. The company offers cooking, dining, and entertaining products, including cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma brand, as well as home furnishings and decorative accessories under the Williams Sonoma Home brand; and furniture, bedding, bathroom accessories, rugs, curtains, lighting, tabletop, outdoor, and decorative accessories under the Pottery Barn brand.

Further Reading: Net Margin

Get a free copy of the Zacks research report on Williams-Sonoma (WSM)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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

Receive News & Ratings for Williams-Sonoma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams-Sonoma and related companies with MarketBeat.com's FREE daily email newsletter.