Williams-Sonoma, Inc. [WSM] stock is trading at $283.87, up 17.76%. An important factor to consider is whether the stock is rising or falling in short-term value. The WSM shares have gain 18.42% over the last week, with a monthly amount glided 25.18%, and seem to be holding up well over a long-time horizon.
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On 13, March 2024, Williams-Sonoma, Inc. announces a 26% quarterly dividend increase and a new $1 billion stock repurchase authorization. In a post published today on Yahoo Finance, Williams-Sonoma, Inc. (NYSE: WSM) announced today that its Board of Directors has authorized a 26% increase in the company’s quarterly cash dividend to $1.13 per common share. The quarterly dividend is payable on May 24, 2024, to stockholders of record as of the close of business on April 19, 2024. The Board of Directors also approved a new $1 billion stock repurchase authorization, which supersedes the company’s current stock repurchase authorization.
From an analyst’s perspective:
Williams-Sonoma, Inc. [NYSE: WSM] stock has seen the most recent analyst activity on March 11, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $265 from $215. Previously, Loop Capital downgraded its rating to Hold on March 05, 2024, and elevated its price target to $220. On January 11, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $230 on the stock. Jefferies upgraded its rating to a Hold and increased its price target to $144 on October 31, 2023. BofA Securities upgraded its rating to a Neutral and raised its price target to $146 on August 24, 2023. Telsey Advisory Group reiterated a Outperform rating for this stock on August 24, 2023, and upped its price target to $170. In a note dated July 07, 2023, Barclays downgraded an Underweight rating on this stock and revised its target price from $126 to $115.
Williams-Sonoma, Inc. [WSM] stock has fluctuated between $109.44 and $249.04 over the past year. Currently, Wall Street analysts expect the stock to reach $148 within the next 12 months. Williams-Sonoma, Inc. [NYSE: WSM] shares were valued at $283.87 at the most recent close of the market. An investor can expect a potential drop of -47.86% based on the average WSM price forecast.
Analyzing the WSM fundamentals
Williams-Sonoma, Inc. [NYSE:WSM] reported sales of 7.75B for the trailing twelve months, which represents a drop of -7.10%. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.18, Equity is 0.54 and Total Capital is 0.37. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.65.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 266.79 points at the first support level, and at 249.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 295.38, and for the 2nd resistance point, it is at 306.88.
Williams-Sonoma, Inc. [WSM] reported earnings per share of $3.66 for its fiscal quarter that ended on 10/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $3.33/share, meaning a difference of $0.33 and a surprise factor of 9.90%. By comparison, the stated earnings for the previous quarter ended on 7/30/2023 were $3.12 per share as compared to estimates of $2.71 per share, a difference of $0.41 representing a surprise of 15.10%.
Ratios To Look Out For
For context, Williams-Sonoma, Inc.’s Current Ratio is 1.45. On the other hand, the Quick Ratio is 0.78, and the Cash Ratio is 0.67. Considering the valuation of this stock, the price to sales ratio is 2.35, the price to book ratio is 8.56 and price to earnings (TTM) ratio is 19.48.
Transactions by insiders
Recent insider trading involved ALBER LAURA, PRESIDENT & CEO, that happened on Jan 16 ’24 when 20000.0 shares were sold. EVP CHIEF TALENT OFFICER, Smith Karalyn completed a deal on Nov 22 ’23 to sell 1945.0 shares. Meanwhile, CEO POTTERY BARN BRANDS Benson Marta sold 5374.0 shares on Nov 21 ’23.
