Analysts’ Weekly Ratings Changes for Williams Sonoma Inc (NYSE: WSM)
ByA number of equity research firms have modified their stock ratings and price targets on shares of Williams Sonoma Inc (NYSE: WSM) in the last week:
RBC Capital analysts raised their price target on shares of Williams Sonoma Inc from $35.00 to $37.00. They now have a “sector perform” rating on the stock.
Goldman Sachs analysts raised their EPS on shares of Williams Sonoma Inc. They now have a “neutral” rating and a $42.00 price target on the stock. They previously had a $37.00 price target on the stock.
Deutsche Bank analysts raised their price target on shares of Williams Sonoma Inc from $34.00 to $38.00. They now have a “hold” rating on the stock.
About Williams Sonoma Inc:
Williams-Sonoma, Inc. is a specialty retailer of products for the home. The retail segment of the Company’s business sells its products through its five retail store concepts (Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm and Williams-Sonoma Home). The direct-to-customer segment of its business sells similar products through its seven direct-mail catalogs (Williams-Sonoma, Pottery Barn, Pottery Barn Kids, Pottery Barn Bed and Bath, PBteen, West Elm and Williams-Sonoma Home) and six e-commerce Websites (williams-sonoma.com, potterybarn.com, potterybarnkids.com, pbteen.com, westelm.com and wshome.com). During the fiscal year ended January 31, 2010 (fiscal 2009), retail net revenues accounted for 60.5% of the Company’s business and direct-to-customer net revenues accounted for 39.5% of its business.
Williams Sonoma Inc last announced its quarterly results on Tuesday, March 15th. The company reported $1.08 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.98 EPS by $0.10. During the same quarter in the prior year, the company posted $0.86 earnings per share. The company’s quarterly revenue was up 9.6% on a year-over-year basis. On average, analysts predict that Williams Sonoma Inc will post $0.36 EPS next quarter.
Shares of Williams Sonoma Inc opened at 38.03 on Monday. Williams Sonoma Inc has a 52 week low of $23.34 and a 52 week high of $39.75. The stock’s 50-day moving average is $36.03 and its 200-day moving average is $33.75. The company has a market cap of $3.997 billion and a price-to-earnings ratio of 24.35.
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