Williams-Sonoma, Inc. (NYSE:WSM) – Equities researchers at Jefferies Financial Group issued their FY2021 earnings estimates for Williams-Sonoma in a report issued on Thursday, March 21st. Jefferies Financial Group analyst J. Matuszewski forecasts that the specialty retailer will post earnings per share of $4.80 for the year.

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

Several other research firms have also weighed in on WSM. Credit Suisse Group upgraded shares of Williams-Sonoma to a “hold wsm” rating and set a $50.00 price objective for the company in a research note on Thursday, December 20th. ValuEngine lowered shares of Williams-Sonoma from a “hold” rating to a “sell” rating in a research note on Tuesday, December 25th. Evercore ISI initiated coverage on shares of Williams-Sonoma in a research note on Wednesday, March 20th. They issued an “in-line” rating and a $60.00 price objective for the company. Zacks Investment Research lowered shares of Williams-Sonoma from a “hold” rating to a “sell” rating in a research note on Saturday, January 19th. Finally, Morgan Stanley lowered shares of Williams-Sonoma from an “equal weight” rating to an “underweight” rating and set a $51.01 price objective for the company. in a research note on Wednesday, January 23rd. Three investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and one has given a buy rating to the company. Williams-Sonoma currently has an average rating of “Hold” and an average price target of $59.56.

NYSE:WSM opened at $57.00 on Monday. The firm has a market capitalization of $4.57 billion, a PE ratio of 12.78, a P/E/G ratio of 1.70 and a beta of 0.94. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.58 and a quick ratio of 0.38. Williams-Sonoma has a twelve month low of $45.01 and a twelve month high of $73.99.

A number of hedge funds have recently made changes to their positions in the business. Cambridge Investment Research Advisors Inc. increased its stake in Williams-Sonoma by 1.4% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 14,480 shares of the specialty retailer’s stock valued at $731,000 after purchasing an additional 199 shares in the last quarter. Occidental Asset Management LLC boosted its holdings in Williams-Sonoma by 4.8% during the 4th quarter. Occidental Asset Management LLC now owns 5,250 shares of the specialty retailer’s stock worth $265,000 after acquiring an additional 242 shares during the last quarter. Bell & Brown Wealth Advisors LLC boosted its holdings in Williams-Sonoma by 1.3% during the 4th quarter. Bell & Brown Wealth Advisors LLC now owns 20,245 shares of the specialty retailer’s stock worth $1,021,000 after acquiring an additional 250 shares during the last quarter. Arizona State Retirement System boosted its holdings in Williams-Sonoma by 0.6% during the 4th quarter. Arizona State Retirement System now owns 57,530 shares of the specialty retailer’s stock worth $2,902,000 after acquiring an additional 332 shares during the last quarter. Finally, Vision Capital Management Inc. boosted its holdings in Williams-Sonoma by 2.2% during the 4th quarter. Vision Capital Management Inc. now owns 18,783 shares of the specialty retailer’s stock worth $948,000 after acquiring an additional 399 shares during the last quarter.

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, April 26th will be paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date of this dividend is Thursday, April 25th. This is a positive change from Williams-Sonoma’s previous quarterly dividend of $0.43. Williams-Sonoma’s payout ratio is 38.57%.

About Williams-Sonoma

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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