Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Williams-Sonoma (WSM) Share Price
News articles about Williams-Sonoma (NYSE:WSM) have trended somewhat positive recently, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Williams-Sonoma earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave headlines about the specialty retailer an impact score of 45.7643455626002 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news headlines that may have impacted Accern Sentiment’s analysis:
- Williams-Sonoma, Inc. (WSM) Set to Announce Earnings on Wednesday (americanbankingnews.com)
- Notable Two Hundred Day Moving Average Cross – WSM (nasdaq.com)
- How Salesforce-Google will help buck Amazon (finance.yahoo.com)
- Zacks: Brokerages Expect Williams-Sonoma, Inc. (WSM) Will Post Quarterly Sales of $1.29 Billion (americanbankingnews.com)
- Williams Sonoma Launches In Store Pick Up Services for Online Purchases (finance.yahoo.com)
Williams-Sonoma (WSM) traded up $0.13 during trading hours on Wednesday, reaching $47.98. The company’s stock had a trading volume of 102,611 shares, compared to its average volume of 1,336,827. The company has a market capitalization of $4,281.70, a PE ratio of 14.43, a PEG ratio of 0.99 and a beta of 0.91. Williams-Sonoma has a twelve month low of $42.68 and a twelve month high of $56.94.
Williams-Sonoma (NYSE:WSM) last issued its quarterly earnings data on Wednesday, August 23rd. The specialty retailer reported $0.61 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.59 by $0.02. The firm had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.20 billion. Williams-Sonoma had a return on equity of 25.43% and a net margin of 5.96%. The business’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.58 earnings per share. research analysts anticipate that Williams-Sonoma will post 3.59 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 22nd. Stockholders of record on Friday, October 27th will be given a dividend of $0.39 per share. The ex-dividend date is Thursday, October 26th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.25%. Williams-Sonoma’s payout ratio is 44.96%.
Several analysts recently weighed in on WSM shares. Credit Suisse Group downgraded Williams-Sonoma from a “neutral” rating to an “underperform” rating and set a $44.00 price target on the stock. in a research note on Thursday, October 12th. BidaskClub downgraded Williams-Sonoma from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th. Zacks Investment Research downgraded Williams-Sonoma from a “buy” rating to a “hold” rating in a research note on Friday, October 13th. Deutsche Bank AG cut their target price on Williams-Sonoma from $52.00 to $50.00 and set a “hold” rating on the stock in a research note on Thursday, August 24th. Finally, Loop Capital reiterated a “hold” rating and set a $54.00 target price on shares of Williams-Sonoma in a research note on Monday, August 21st. Five analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $52.18.
Williams-Sonoma, Inc is a multi-channel specialty retailer of products for the home. The Company operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom. It operates through two segments: 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.
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