Williams-Sonoma (NYSE:WSM)‘s stock had its “hold” rating reiterated by research analysts at Robert W. Baird in a research note issued on Monday. They currently have a $62.00 target price on the specialty retailer’s stock. Robert W. Baird’s price target indicates a potential upside of 20.93% from the company’s previous close.

Several other brokerages have also recently issued reports on WSM. Wedbush set a $63.00 target price on Williams-Sonoma and gave the company a “hold” rating in a research report on Friday, November 16th. Jefferies Financial Group reiterated a “hold” rating and set a $57.00 price target on shares of Williams-Sonoma in a report on Monday. Zacks Investment Research upgraded Williams-Sonoma from a “sell” rating to a “hold” rating in a report on Saturday. Loop Capital lifted their price target on Williams-Sonoma to $65.00 and gave the stock a “hold” rating in a report on Thursday, August 23rd. They noted that the move was a valuation call. Finally, ValuEngine lowered Williams-Sonoma from a “buy” rating to a “hold” rating in a report on Thursday, September 13th. Three analysts have rated the stock with a sell rating, eighteen have given a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $59.45.

Shares of NYSE:WSM opened at $51.27 on Monday. The company has a market cap of $4.33 billion, a P/E ratio of 14.20, a P/E/G ratio of 1.59 and a beta of 0.95. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.38 and a current ratio of 1.54. Williams-Sonoma has a 12-month low of $45.30 and a 12-month high of $73.99.

Williams-Sonoma (NYSE:WSM) last announced its earnings results on Thursday, November 15th. The specialty retailer reported $0.95 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.94 by $0.01. The company had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.37 billion. Williams-Sonoma had a return on equity of 29.75% and a net margin of 4.97%. As a group, research analysts predict that Williams-Sonoma will post 4.33 earnings per share for the current fiscal year.

In other Williams-Sonoma news, EVP David Randolph King sold 24,323 shares of the business’s stock in a transaction on Friday, August 31st. The stock was sold at an average price of $68.88, for a total value of $1,675,368.24. Following the sale, the executive vice president now directly owns 17,589 shares in the company, valued at $1,211,530.32. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Janet Hayes sold 14,376 shares of the business’s stock in a transaction on Friday, September 14th. The shares were sold at an average price of $68.10, for a total value of $979,005.60. Following the completion of the sale, the insider now owns 44,889 shares in the company, valued at $3,056,940.90. The disclosure for this sale can be found here. Company insiders own 0.87% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the business. Itau Unibanco Holding S.A. bought a new stake in shares of Williams-Sonoma in the second quarter valued at $101,000. Csenge Advisory Group bought a new stake in shares of Williams-Sonoma in the third quarter valued at $124,000. Moody Aldrich Partners LLC bought a new stake in shares of Williams-Sonoma in the second quarter valued at $125,338,000. JNBA Financial Advisors bought a new stake in shares of Williams-Sonoma in the third quarter valued at $168,000. Finally, Point72 Hong Kong Ltd raised its stake in shares of Williams-Sonoma by 98.4% in the third quarter. Point72 Hong Kong Ltd now owns 2,670 shares of the specialty retailer’s stock valued at $175,000 after buying an additional 1,324 shares during the period.

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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Analyst Recommendations for Williams-Sonoma (NYSE:WSM)

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