Cowen raised the price target for the Williams-Sonoma Inc. (NYSE:WSM) stock to “an Outperform”. The rating was released on April 08, 2021. We previously noted in another research note published on April 01, 2021 by Telsey Advisory Group that reiterated the stock to an Outperform with a price target of $195 for WSM stock. The stock was reiterated by Telsey Advisory Group, who disclosed in a research note on March 18, 2021, to Outperform and set the price objective to $175. In their research brief published March 09, 2021, Citigroup analysts initiated the Williams-Sonoma Inc. stock to Neutral with a price target of $127.
Historical Earnings Surprises and Revenue Forecasts
Profit is the most critical financial performance measure. Every investor in a business is looking forward to the earnings report as stock price to increase when earnings exceed market expectations and progressively decrease when earnings do not meet expectations. The firm reported an earnings per share (EPS) of $3.95 during the last quarter as opposed to a consensus estimate of $3.39, which indicates the company beat its estimate by $0.56, which implies that the company surprised the market by 16.50%. It appears that the average earnings per share estimate for the current quarter (ending in Apr 2021) is $1.75. This is an average of 20 analysts’ earnings, where the high earnings per share estimate is $2.19 and the low earnings per share estimate is $0.86. According to 18 analyst estimates, an average revenue estimate of $1.51B is projected for the current quarter with a high revenue estimate of $1.63B and a low estimate of $1.36B.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of Williams-Sonoma Inc. (NYSE:WSM) raised 2.48% to close Friday’s market session at $171.77, higher as compared to yesterday’s close. The stock price fluctuated between $168.59 and $172.285 throughout the trading session with the volume trading being 992077 shares, which represented a significant variation when compared to the three months average volume of 1.42 million shares. The firm’s stock price fluctuated -8.00% within the last five trades and -0.18% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 79.34% in the last 6 months and 35.67% was added to its value over the previous 3 months. WSM stock is trading at a margin of -1.85%, 2.47% and 42.12% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, WSM deals in the Consumer Cyclical domain. The stock is trading -11.77 percent below its 52-week high and 174.39 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 122.67. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Williams-Sonoma Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 13.40 percent and the profit margin is 10.00 percent, and the company has reported a gross margin of 39.00 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $12.62 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Williams-Sonoma Inc. (NYSE:WSM) is 19.98. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 16.90. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 1.86 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 7.96, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Whalen Julie, the EVP CHIEF FINANCIAL OFFICER at Williams-Sonoma Inc. (WSM) has sold 3,000 shares of firm on Apr 15 at a price of $172.42 against the total amount of $0.52 million. In another inside trade, ALBER LAURA, PRESIDENT & CEO of Williams-Sonoma Inc. (NYSE:WSM) sold 25,000 shares of the firm on Apr 12 for a total worth of $4.43 million at a price of $177.09. An inside trade which took place on Mar 23, PRESIDENT WS BRAND of Williams-Sonoma Inc. Ross Ryan sold 4,420 shares of firm against total price of $0.8 million at the cost of $180.00 per share.