Williams-Sonoma Inc. (NYSE:WSM) currently has a daily average trading volume of 976.10K but it saw 1438572 shares traded on Wednesday. With a market cap of 8.10B USD, stock’s current market price of $118.61 came falling about -0.28 while comparing to the previous closing price of $118.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $176.89 and as low as $101.58. In the recent trading on the day, stock has struck highest price mark of $119.33 while lowest mark touched by it was $115.57.
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Taking a look at 20-day trading activity of Williams-Sonoma Inc. (WSM) gives us an average price of $124.66, while its current price level is -32.95% below from 52-week high level whereas it is 16.77% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $126.25 while that of 200 days or SMA-200 reads an average of $128.88. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.44% during that period while stretching the period over a month that decreases to 2.90%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 38.32 which implies that the stock is in neutral territory.
Williams-Sonoma Inc. (WSM)’s stock is currently under the radar of 25 analysts who are in consensus at a 12-month price target range of between $98.00 and $205.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $98.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $205.00. Average price target assigned by them is $129.39 which highlights an upside potential of 8.33% for the stock over that period. And to attain the median price target of $123.50 assigned by those analysts, stock has to add about 3.96% of value to its current levels.
Data by FactSet Research shows that 25 analysts have issued their ratings for the stock. 5 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 6 analysts suggested the investors to Buy the stock while 13 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Hold for the stock and that issued by Wall Street to investors is Hold.
Morgan Stanley downgraded its recommendation for the stock as a “Underweight” from “Equal-Weight” on November 28, 2022 while assigning a price target range of $150-$100. Barclays issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $192 and $114.
Over the week, WSM’s stock price is moving -4.26% down while it is -9.12% when we observe its performance for the past one month. Year-to-date it is 3.21% up and over the past year, the stock is showing a downside performance of -17.99%.
The latest quarterly earnings report issued by the company was for quarter ended 10/30/2022, when its quarterly earnings per share (EPS) of $3.72 beat the consensus estimate of $3.71 for the same. The company is expected to be releasing its next quarterly report in 05/24/2023, for which analysts forecasted an EPS of $5.46 while estimate for next year EPS is $16.46. For WSM, analysts are forecasting an EPS-growth rate of 10.80% for current year and estimate for EPS growth in next year is -13.70%. In next quarter, company is expected to be making quarterly sales of $1.87 billion as analysts are expecting the sales for current fiscal year at $8.82 billion and seeing the company making $8.56 billion in sales next year. Moreover, analysts are in estimates of $2.6 billion for current-quarter revenue.
Currently, Williams-Sonoma Inc.’s total number of outstanding shares is 66.70M with 1.17% of that held by the insiders while 102.91% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 67.80% and return on equity (ROE) at 83.00%. It has a price to earnings ratio (P/E ratio) of 7.19 while having a 8.39 of forward P/E ratio. Stock’s beta reads 1.61. Stock has a price to book (P/B) ratio of 5.60 while price to sale or P/S ratio amounts to 0.93. Its return on asset (ROA) is 26.50% on average.
A filing at the U.S. Securities and Exchange Commission revealed that iShares Core S&P Mid Cap ETF came shrinking its share ownership by 0.23% in the Williams-Sonoma Inc. (WSM) increasing its stake to 3.13% with control over 4716.0 shares in the company. As per SEC documents, iShares Core S&P Mid Cap ETF sought 2,082,183 of company’s common stock of worth $260.11 million as per recent closing price of the stock. iShares Core S&P Mid Cap ETF is not the only institutional holder which restructured its stake in Williams-Sonoma Inc., as Vanguard Total Stock Market Index picked 2,043,473 shares of worth $255.27 million to bring its holdings to a total of 23319.0 shares. In the most recent quarter, Fidelity Contrafund came cutting its stake by -0.08% in the company and now holds 1.93 million or 2.90% of the company’s stake having worth of about 240.7 million.
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