Wall Street analysts forecast that Williams-Sonoma, Inc. (NYSE:WSM) will report earnings per share of $0.83 for the current quarter, according to Zacks. Nine analysts have made estimates for Williams-Sonoma’s earnings. The highest EPS estimate is $0.89 and the lowest is $0.76. Williams-Sonoma reported earnings per share of $0.77 in the same quarter last year, which suggests a positive year over year growth rate of 7.8%. The company is expected to announce its next earnings report on Wednesday, August 28th.

According to Zacks, analysts expect that Williams-Sonoma will report full-year earnings of $4.64 per share for the current year, with EPS estimates ranging from $4.57 to $4.75. For the next fiscal year, analysts expect that the firm will post earnings of $4.85 per share, with EPS estimates ranging from $4.48 to $5.00. Zacks’ EPS averages are an average based on a survey of analysts that cover Williams-Sonoma.

Williams-Sonoma (NYSE:WSM) last posted its earnings results on Thursday, May 30th. The specialty retailer reported $0.81 EPS for the quarter, topping the consensus estimate of $0.69 by $0.12. The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.23 billion. Williams-Sonoma had a net margin of 5.98% and a return on equity of 33.75%. The firm’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.67 earnings per share.

A number of research firms have weighed in on WSM. JPMorgan Chase & Co. dropped their target price on shares of Williams-Sonoma from $55.00 to $54.00 and set an “underweight” rating on the stock in a research note on Monday, March 18th. Evercore ISI began coverage on shares of Williams-Sonoma in a research note on Wednesday, March 20th. They set an “in-line” rating and a $60.00 price objective for the company. Royal Bank of Canada raised their price objective on shares of Williams-Sonoma to $60.00 and gave the company a “sector perform” rating in a research note on Thursday, March 21st. William Blair restated a “market perform” rating on shares of Williams-Sonoma in a research note on Thursday, March 21st. Finally, Zacks Investment Research upgraded shares of Williams-Sonoma from a “hold” rating to a “buy” rating and set a $66.00 price objective for the company in a research note on Monday, March 25th. Four analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $59.16.

Shares of NYSE:WSM traded down $0.20 during midday trading on Monday, hitting $58.30. 182,917 shares of the company’s stock were exchanged, compared to its average volume of 2,228,754. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.33 and a quick ratio of 0.30. The company has a market cap of $4.59 billion, a PE ratio of 13.00, a PEG ratio of 1.74 and a beta of 0.82. Williams-Sonoma has a 12 month low of $45.01 and a 12 month high of $73.99.

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 31st. Shareholders of record on Friday, April 26th were paid a dividend of $0.48 per share. This is a positive change from Williams-Sonoma’s previous quarterly dividend of $0.43. This represents a $1.92 dividend on an annualized basis and a yield of 3.29%. The ex-dividend date of this dividend was Thursday, April 25th. Williams-Sonoma’s dividend payout ratio (DPR) is currently 43.05%.

Several hedge funds have recently made changes to their positions in the company. Penserra Capital Management LLC purchased a new stake in Williams-Sonoma during the first quarter worth approximately $28,000. Pinnacle Bank acquired a new position in shares of Williams-Sonoma in the fourth quarter valued at approximately $36,000. Fifth Third Bancorp increased its holdings 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 valued at $46,000 after purchasing an additional 359 shares during the period. Truvestments Capital LLC acquired a new position in shares of Williams-Sonoma in the first quarter valued at approximately $55,000. Finally, Marshall Wace North America L.P. acquired a new position in shares of Williams-Sonoma in the first quarter valued at approximately $56,000.

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.

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

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