Williams-Sonoma (NYSE:WSM) was downgraded by investment analysts at Goldman Sachs Group from a “buy” rating to a “neutral” rating in a report released on Tuesday, MarketBeat.com reports.

Several other research analysts have also recently issued reports on the company. Zacks Investment Research cut Williams-Sonoma from a “hold” rating to a “sell” rating in a research report on Saturday, January 13th. Moffett Nathanson assumed coverage on Williams-Sonoma in a research report on Monday, December 4th. They set a “neutral” rating on the stock. Jefferies Group reaffirmed a “hold” rating on shares of Williams-Sonoma in a research report on Sunday, November 19th. Bank of America cut their price objective on Williams-Sonoma from $40.00 to $38.00 and set an “underperform” rating on the stock in a research report on Friday, November 17th. Finally, Morgan Stanley initiated coverage on Williams-Sonoma in a research report on Friday, November 17th. They issued a “hold” rating and a $48.00 price objective on the stock. Seven equities research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and two have issued a buy rating to the company. Williams-Sonoma currently has an average rating of “Hold” and an average price target of $51.25.

Williams-Sonoma (NYSE:WSM) traded up $0.54 during midday trading on Tuesday, hitting $54.39. The stock had a trading volume of 1,319,500 shares, compared to its average volume of 1,232,509. The company has a market capitalization of $4,580.00, a P/E ratio of 15.41, a price-to-earnings-growth ratio of 1.57 and a beta of 0.89. Williams-Sonoma has a 52-week low of $42.68 and a 52-week high of $55.89.

Williams-Sonoma (NYSE:WSM) last released its quarterly earnings data on Thursday, November 16th. The specialty retailer reported $0.84 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.84. The firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.29 billion. Williams-Sonoma had a return on equity of 25.45% and a net margin of 5.94%. The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.78 earnings per share. sell-side analysts expect that Williams-Sonoma will post 3.55 earnings per share for the current fiscal year.

Several large investors have recently added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Williams-Sonoma by 10.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,911 shares of the specialty retailer’s stock worth $141,000 after acquiring an additional 274 shares during the last quarter. High Falls Advisors Inc increased its stake in Williams-Sonoma by 7.7% in the 2nd quarter. High Falls Advisors Inc now owns 4,343 shares of the specialty retailer’s stock worth $211,000 after acquiring an additional 312 shares during the last quarter. Southeast Asset Advisors Inc. increased its stake in Williams-Sonoma by 1.6% in the 2nd quarter. Southeast Asset Advisors Inc. now owns 31,905 shares of the specialty retailer’s stock worth $1,547,000 after acquiring an additional 505 shares during the last quarter. Oppenheimer & Co. Inc. increased its stake in Williams-Sonoma by 14.3% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 5,206 shares of the specialty retailer’s stock worth $253,000 after acquiring an additional 651 shares during the last quarter. Finally, MML Investors Services LLC increased its stake in Williams-Sonoma by 11.4% in the 2nd quarter. MML Investors Services LLC now owns 7,450 shares of the specialty retailer’s stock worth $361,000 after acquiring an additional 760 shares during the last quarter.

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Williams-Sonoma Company Profile

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.

Analyst Recommendations for Williams-Sonoma (NYSE:WSM)

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