2 days Ago By Defense World Staff
Williams-Sonoma ( NYSE:WSM – Get Free Report ) had its target price lifted by equities research analysts at Royal Bank of Canada from $162.00 to $189.00 in a research report issued on Thursday, Benzinga reports.
The firm presently has an “outperform” rating on the specialty retailer’s stock. Royal Bank of Canada’s price target suggests a potential upside of 9.96% from the company’s current price.
A number of other equities research analysts have also recently commented on WSM. Citigroup dropped their target price on Williams-Sonoma from $140.00 to $134.
00 and set a “neutral” rating on the stock in a research report on Friday, November 8th. Robert W. Baird dropped their price objective on Williams-Sonoma from $150.
00 to $140.00 and set a “neutral” rating on the stock in a report on Friday, August 23rd. Telsey Advisory Group boosted their price objective on Williams-Sonoma from $165.
00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday. Wells Fargo & Company decreased their target price on Williams-Sonoma from $158.
00 to $145.00 and set an “equal weight” rating on the stock in a research report on Monday, August 19th. Finally, Jefferies Financial Group raised shares of Williams-Sonoma from a “hold” rating to a “buy” rating and boosted their price target for the stock from $148.
00 to $156.00 in a report on Wednesday, September 11th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the company’s stock.
According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $154.41. View Our Latest Analysis on WSM Williams-Sonoma Trading Down 0.
4 % Williams-Sonoma ( NYSE:WSM – Get Free Report ) last announced its quarterly earnings results on Thursday, August 22nd. The specialty retailer reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.
61 by $0.13. Williams-Sonoma had a net margin of 14.
29% and a return on equity of 51.57%. The firm had revenue of $1.
79 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the prior year, the firm posted $1.
56 earnings per share. The firm’s quarterly revenue was down 4.0% compared to the same quarter last year.
On average, equities research analysts forecast that Williams-Sonoma will post 7.95 EPS for the current year. Insider Buying and Selling at Williams-Sonoma In other Williams-Sonoma news, EVP Karalyn Smith sold 11,100 shares of the firm’s stock in a transaction on Wednesday, August 28th.
The stock was sold at an average price of $134.66, for a total transaction of $1,494,726.00.
Following the completion of the sale, the executive vice president now owns 15,150 shares of the company’s stock, valued at $2,040,099. This trade represents a 42.29 % decrease in their ownership of the stock.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website . Also, CEO Laura Alber sold 40,000 shares of the company’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $145.
27, for a total value of $5,810,800.00. Following the completion of the transaction, the chief executive officer now directly owns 1,030,956 shares in the company, valued at approximately $149,766,978.
12. This trade represents a 3.73 % decrease in their position.
The disclosure for this sale can be found here . Insiders sold a total of 91,100 shares of company stock worth $12,525,126 in the last three months. 1.
50% of the stock is owned by corporate insiders. Institutional Investors Weigh In On Williams-Sonoma A number of institutional investors have recently made changes to their positions in the stock. FMR LLC boosted its position in shares of Williams-Sonoma by 72.
7% during the 3rd quarter. FMR LLC now owns 8,781,201 shares of the specialty retailer’s stock worth $1,360,384,000 after purchasing an additional 3,695,837 shares during the period. State Street Corp lifted its stake in Williams-Sonoma by 108.
8% during the third quarter. State Street Corp now owns 5,329,125 shares of the specialty retailer’s stock worth $825,588,000 after purchasing an additional 2,777,339 shares in the last quarter. Geode Capital Management LLC lifted its stake in Williams-Sonoma by 107.
5% during the third quarter. Geode Capital Management LLC now owns 2,689,451 shares of the specialty retailer’s stock worth $418,223,000 after purchasing an additional 1,393,436 shares in the last quarter. Pacer Advisors Inc.
boosted its position in shares of Williams-Sonoma by 118.7% during the third quarter. Pacer Advisors Inc.
now owns 2,110,320 shares of the specialty retailer’s stock worth $326,931,000 after buying an additional 1,145,410 shares during the period. Finally, Jacobs Levy Equity Management Inc. grew its stake in shares of Williams-Sonoma by 324.
4% in the third quarter. Jacobs Levy Equity Management Inc. now owns 1,036,256 shares of the specialty retailer’s stock valued at $160,537,000 after buying an additional 792,068 shares in the last quarter.
99.29% of the stock is currently owned by institutional investors and hedge funds. About Williams-Sonoma ( Get Free Report ) Williams-Sonoma, Inc operates as an omni-channel specialty retailer of various products for home.
It offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma Home brand, as well as home furnishings and decorative accessories under the Williams Sonoma lifestyle brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand. See Also Five stocks we like better than Williams-Sonoma Market Cap Calculator: How to Calculate Market Cap Tesla Investors Continue to Profit From the Trump Trade High Dividend REITs: Are They an Ideal Way to Diversify? MicroStrategy’s Stock Dip vs. Coinbase’s Potential Rally Compound Interest and Why It Matters When Investing Netflix Ventures Into Live Sports, Driving Stock Momentum 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.
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