Williams-Sonoma, Inc. [WSM] stock prices are down -0.66% to $283.77 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The WSM shares have gain 20.80% over the last week, with a monthly amount glided 27.59%, 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 14, 2024, when Morgan Stanley upgraded its rating to a Equal-Weight and also boosted its price target to $270 from $155. Previously, Goldman upgraded its rating to Neutral on March 14, 2024, and elevated its price target to $263. On March 14, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $320 on the stock. Telsey Advisory Group reiterated its Outperform rating and increased its price target to $265 on March 11, 2024. Loop Capital downgraded its rating to a Hold and raised its price target to $220 on March 05, 2024. Wedbush upgraded its rating to Outperform for this stock on January 11, 2024, and upped its price target to $230. In a note dated October 31, 2023, Jefferies upgraded an Hold rating on this stock and boosted its target price from $116 to $144.
The stock price of Williams-Sonoma, Inc. [WSM] has been fluctuating between $109.44 and $292.40 over the past year. Currently, Wall Street analysts expect the stock to reach $157.63 within the next 12 months. Williams-Sonoma, Inc. [NYSE: WSM] shares were valued at $283.77 at the most recent close of the market. An investor can expect a potential drop of -44.45% based on the average WSM price forecast.
Analyzing the WSM fundamentals
The Williams-Sonoma, Inc. [NYSE:WSM] reported sales of 7.75B for trailing twelve months, representing 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.65.
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 279.51 points at the first support level, and at 275.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 287.06, and for the 2nd resistance point, it is at 290.35.
Williams-Sonoma, Inc. [WSM] reported earnings per share of $5.44 for its fiscal quarter that ended on 1/30/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $5.12/share, meaning a difference of $0.32 and a surprise factor of 6.30%. By comparison, the stated earnings for the previous quarter ended on 10/30/2023 were $3.66 per share as compared to estimates of $3.33 per share, a difference of $0.33 representing a surprise of 9.90%.
Ratios To Look Out For
It’s worth pointing out that Williams-Sonoma, Inc. [NYSE:WSM]’s Current Ratio is 1.45. In addition, the Quick Ratio stands at 0.78 and the Cash Ratio stands at 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 19.47.
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.
