Media headlines about Williams-Sonoma (NYSE:WSM) have trended somewhat positive this week, according to Accern. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Williams-Sonoma earned a coverage optimism score of 0.20 on Accern’s scale. Accern also assigned news headlines about the specialty retailer an impact score of 47.1557006660869 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern’s analysis:
- Williams-Sonoma: Wait for the Heat or Get Out of the Kitchen? (finance.yahoo.com)
- Why Technical Analysis Matters on Williams-Sonoma, Inc. (WSM) – Wall Street Morning (wallstreetmorning.com)
- Brokers Issue Forecasts for Williams-Sonoma, Inc.’s FY2019 Earnings (WSM) (americanbankingnews.com)
- William Blair Comments on Williams-Sonoma, Inc.’s FY2019 Earnings (WSM) (americanbankingnews.com)
- Q1 2019 Earnings Forecast for Williams-Sonoma, Inc. (WSM) Issued By Wedbush (americanbankingnews.com)
Williams-Sonoma (WSM) traded down $0.62 during midday trading on Tuesday, hitting $53.28. 2,023,660 shares of the company’s stock were exchanged, compared to its average volume of 1,747,101. The stock has a market capitalization of $4,656.57, a PE ratio of 17.58, a P/E/G ratio of 1.02 and a beta of 0.82. Williams-Sonoma has a fifty-two week low of $42.68 and a fifty-two week high of $56.38. The company has a current ratio of 1.62, a quick ratio of 0.57 and a debt-to-equity ratio of 0.25.
The business also recently declared a quarterly dividend, which will be paid on Friday, May 25th. Shareholders of record on Friday, April 27th will be issued a $0.43 dividend. The ex-dividend date of this dividend is Thursday, April 26th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 3.23%. This is a boost from Williams-Sonoma’s previous quarterly dividend of $0.39. Williams-Sonoma’s dividend payout ratio (DPR) is currently 51.49%.
Williams-Sonoma declared that its board has initiated a share buyback program on Wednesday, March 14th that authorizes the company to repurchase $286.00 million in shares. This repurchase authorization authorizes the specialty retailer to buy shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.
A number of equities research analysts recently commented on WSM shares. Zacks Investment Research raised shares of Williams-Sonoma from a “sell” rating to a “hold” rating in a research report on Tuesday, November 21st. Moffett Nathanson started coverage on shares of Williams-Sonoma in a research report on Monday, December 4th. They set a “neutral” rating for the company. Goldman Sachs cut shares of Williams-Sonoma from a “buy” rating to a “neutral” rating in a research report on Tuesday, January 16th. Gordon Haskett raised shares of Williams-Sonoma from a “reduce” rating to a “hold” rating and set a $61.00 target price for the company in a research report on Wednesday, March 14th. Finally, Loop Capital increased their target price on shares of Williams-Sonoma to $55.00 and gave the company a “hold” rating in a research report on Thursday, March 15th. They noted that the move was a valuation call. Six research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and two have issued a buy rating to the stock. Williams-Sonoma presently has a consensus rating of “Hold” and an average target price of $51.21.
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Williams-Sonoma Company Profile
Williams-Sonoma, Inc is a multi-channel specialty retailer of products for the home. The Company operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom. It operates through two segments: e-commerce and retail. The e-commerce segment has various merchandising strategies, such as Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which sell its products through the Company’s e-commerce Websites and direct-mail catalogs.
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