The stock of Williams-Sonoma, Inc. (NYSE:WSM) is a huge mover today! About 281,694 shares traded hands. Williams-Sonoma, Inc. (NYSE:WSM) has declined 10.38% since April 26, 2016 and is downtrending. It has underperformed by 15.64% the S&P500.
The move comes after 7 months positive chart setup for the $4.85B company. It was reported on Nov, 29 by Barchart.com. We have $58.72 PT which if reached, will make NYSE:WSM worth $339.50 million more.
Analysts await Williams-Sonoma, Inc. (NYSE:WSM) to report earnings on March, 15. They expect $1.53 earnings per share, down 1.29% or $0.02 from last year’s $1.55 per share. WSM’s profit will be $135.21 million for 8.97 P/E if the $1.53 EPS becomes a reality. After $0.79 actual earnings per share reported by Williams-Sonoma, Inc. for the previous quarter, Wall Street now forecasts 93.67% EPS growth.
Williams-Sonoma, Inc. (NYSE:WSM) Ratings Coverage
Out of 22 analysts covering Williams-Sonoma (NYSE:WSM), 6 rate it a “Buy”, 2 “Sell”, while 14 “Hold”. This means 27% are positive. Williams-Sonoma has been the topic of 57 analyst reports since July 29, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained the stock with “Hold” rating in Sunday, August 30 report. The stock has “Neutral” rating given by Buckingham Research on Friday, January 8. The stock of Williams-Sonoma, Inc. (NYSE:WSM) has “Hold” rating given on Thursday, August 25 by Jefferies. RBC Capital Markets maintained Williams-Sonoma, Inc. (NYSE:WSM) rating on Thursday, March 17. RBC Capital Markets has “Sector Perform” rating and $54 price target. The rating was maintained by RBC Capital Markets on Thursday, August 27 with “Sector Perform”. The rating was maintained by Credit Suisse with “Neutral” on Thursday, March 17. The firm has “Hold” rating by Cantor Fitzgerald given on Thursday, August 27. The stock of Williams-Sonoma, Inc. (NYSE:WSM) has “Neutral” rating given on Sunday, August 30 by Sterne Agee CRT. The stock of Williams-Sonoma, Inc. (NYSE:WSM) earned “Equal-Weight” rating by Morgan Stanley on Thursday, March 17. On Thursday, August 27 the stock rating was downgraded by Bank of America to “Buy”.
According to Zacks Investment Research, “Williams-Sonoma, Inc. is specialty retailer of products for the home. The retail segment sells its products through its three retail concepts: Williams-Sonoma, Pottery Barn and Hold Everything. The direct-to-customer segment sells similar products through its five direct-mail catalogs, Williams-Sonoma, Pottery Barn, Pottery Barn Kids, Hold Everything and Chambers, and the Internet.”
Insitutional Activity: The institutional sentiment decreased to 1.31 in Q2 2016. Its down 0.05, from 1.36 in 2016Q1. The ratio is negative, as 50 funds sold all Williams-Sonoma, Inc. shares owned while 90 reduced positions. 64 funds bought stakes while 127 increased positions. They now own 83.72 million shares or 5.85% more from 79.09 million shares in 2016Q1.
Spears Abacus Advisors Ltd Liability has invested 0.03% of its portfolio in Williams-Sonoma, Inc. (NYSE:WSM). Federated Investors Pa holds 53,038 shares or 0.01% of its portfolio. Timessquare Mgmt Ltd Com holds 1.98 million shares or 0.68% of its portfolio. The Texas-based Maverick Capital has invested 0.04% in Williams-Sonoma, Inc. (NYSE:WSM). Moreover, Ls Inv Limited Liability has 0.02% invested in Williams-Sonoma, Inc. (NYSE:WSM) for 5,033 shares. Commonwealth Equity Service holds 70,869 shares or 0.03% of its portfolio. Hightower Ltd Co owns 15,475 shares or 0.01% of their US portfolio. Point72 Asset Mgmt L P, a Connecticut-based fund reported 330,215 shares. Airain holds 0.08% or 27,923 shares in its portfolio. Perkins Limited Liability holds 0.43% of its portfolio in Williams-Sonoma, Inc. (NYSE:WSM) for 548,862 shares. Columbia Wanger Asset Management Ltd Co reported 1.24M shares or 0.75% of all its holdings. Aperio Group Ltd Liability Corporation holds 0.04% or 110,396 shares in its portfolio. Tocqueville Asset Mngmt Limited Partnership owns 406,727 shares or 0.27% of their US portfolio. Moreover, Principal Grp has 0.02% invested in Williams-Sonoma, Inc. (NYSE:WSM) for 316,491 shares. Advisory Svcs Networks accumulated 0.02% or 1,855 shares.
Insider Transactions: Since August 29, 2016, the stock had 0 insider purchases, and 3 selling transactions for $5.89 million net activity. ALBER LAURA sold 80,000 shares worth $4.26M. Hayes Janet also sold $747,510 worth of Williams-Sonoma, Inc. (NYSE:WSM) on Wednesday, September 21. Another trade for 16,355 shares valued at $891,184 was sold by Brett James W. Jr..
More news for Williams-Sonoma, Inc. (NYSE:WSM) were recently published by: Fool.com, which released: “Williams-Sonoma, Inc. Moves Forward in a Tough Environment” on November 17, 2016. Seekingalpha.com‘s article titled: “Williams-Sonoma: Getting Ahead Of Itself” and published on November 25, 2016 is yet another important article.
WSM Company Profile
Williams-Sonoma, Inc., incorporated on March 8, 2011, is a multi-channel specialty retailer of products for the home. The Firm operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom. It operates through two divisions: e-commerce and retail. The e-commerce segment has various merchandising strategies, such as Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which sell its products through the Company’s e-commerce Websites and direct-mail catalogs. The retail segment has various merchandising strategies, such as Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm and Rejuvenation, which sell its products through the Company’s retail stores.
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