Bank of America set a $45.00 price target on Williams-Sonoma (NYSE:WSM) in a report published on Friday morning, Briefing.com Automated Import reports. The firm currently has an underperform rating on the specialty retailer’s stock.

WSM has been the topic of several other research reports. Zacks Investment Research downgraded shares of Williams-Sonoma from a buy rating to a hold rating in a research note on Saturday, May 11th. Royal Bank of Canada raised their price objective on shares of Williams-Sonoma to $60.00 and gave the stock 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. JPMorgan Chase & Co. lowered their price objective 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. Finally, Evercore ISI began 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 on the stock. Four analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of $59.16.

Shares of WSM stock opened at $58.30 on Friday. Williams-Sonoma has a 12 month low of $45.01 and a 12 month high of $73.99. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.30 and a current ratio of 1.33. The company has a market cap of $4.59 billion, a price-to-earnings ratio of 13.07, a P/E/G ratio of 1.74 and a beta of 0.82.

Williams-Sonoma (NYSE:WSM) last announced its quarterly earnings data on Thursday, May 30th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.12. The business had revenue of $1.24 billion for 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%. Williams-Sonoma’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter last year, the company posted $0.67 earnings per share. On average, sell-side analysts anticipate that Williams-Sonoma will post 4.64 earnings per share for the current fiscal year.

The firm also recently declared 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. The ex-dividend date of this dividend was Thursday, April 25th. This represents a $1.92 dividend on an annualized basis and a yield of 3.29%. This is an increase from Williams-Sonoma’s previous quarterly dividend of $0.43. Williams-Sonoma’s payout ratio is currently 43.05%.

A number of institutional investors and hedge funds have recently bought and sold shares of WSM. BlackRock Inc. lifted its holdings in shares of Williams-Sonoma by 3.0% during the first quarter. BlackRock Inc. now owns 7,594,827 shares of the specialty retailer’s stock valued at $427,359,000 after acquiring an additional 221,007 shares during the period. Vanguard Group Inc grew its position in Williams-Sonoma by 7.6% during the third quarter. Vanguard Group Inc now owns 7,270,491 shares of the specialty retailer’s stock worth $477,817,000 after buying an additional 515,402 shares in the last quarter. FMR LLC grew its position in Williams-Sonoma by 48.8% during the fourth quarter. FMR LLC now owns 6,115,918 shares of the specialty retailer’s stock worth $308,548,000 after buying an additional 2,004,426 shares in the last quarter. Aristotle Capital Management LLC grew its position in Williams-Sonoma by 0.4% during the first quarter. Aristotle Capital Management LLC now owns 5,049,844 shares of the specialty retailer’s stock worth $284,155,000 after buying an additional 21,892 shares in the last quarter. Finally, AQR Capital Management LLC grew its position in Williams-Sonoma by 2.7% during the first quarter. AQR Capital Management LLC now owns 1,653,591 shares of the specialty retailer’s stock worth $93,048,000 after buying an additional 43,146 shares in the last quarter.

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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Analyst Recommendations for Williams-Sonoma (NYSE:WSM)

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