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Williams-Sonoma (WSM) Stock Dips While Market Gains: Key Facts
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Williams-Sonoma (WSM - Free Report) closed at $211.78 in the latest trading session, marking a -1.3% move from the prior day. This change lagged the S&P 500's daily gain of 0.1%. Elsewhere, the Dow saw an upswing of 0.07%, while the tech-heavy Nasdaq appreciated by 0.14%.
Shares of the seller of cookware and home furnishings have appreciated by 1.45% over the course of the past month, outperforming the Retail-Wholesale sector's loss of 5.35%, and the S&P 500's loss of 1.43%.
Market participants will be closely following the financial results of Williams-Sonoma in its upcoming release. The company's earnings per share (EPS) are projected to be $2.89, reflecting a 11.89% decrease from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $2.4 billion, down 2.49% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $8.7 per share and a revenue of $7.86 billion, demonstrating changes of -1.02% and +1.91%, respectively, from the preceding year.
Any recent changes to analyst estimates for Williams-Sonoma should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.1% higher. Williams-Sonoma currently has a Zacks Rank of #2 (Buy).
In the context of valuation, Williams-Sonoma is at present trading with a Forward P/E ratio of 23.58. This expresses a premium compared to the average Forward P/E of 22.05 of its industry.
It's also important to note that WSM currently trades at a PEG ratio of 3.21. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Retail - Home Furnishings industry had an average PEG ratio of 2.12.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 168, putting it in the bottom 32% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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Williams-Sonoma (WSM) Stock Dips While Market Gains: Key Facts
Williams-Sonoma (WSM - Free Report) closed at $211.78 in the latest trading session, marking a -1.3% move from the prior day. This change lagged the S&P 500's daily gain of 0.1%. Elsewhere, the Dow saw an upswing of 0.07%, while the tech-heavy Nasdaq appreciated by 0.14%.
Shares of the seller of cookware and home furnishings have appreciated by 1.45% over the course of the past month, outperforming the Retail-Wholesale sector's loss of 5.35%, and the S&P 500's loss of 1.43%.
Market participants will be closely following the financial results of Williams-Sonoma in its upcoming release. The company's earnings per share (EPS) are projected to be $2.89, reflecting a 11.89% decrease from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $2.4 billion, down 2.49% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $8.7 per share and a revenue of $7.86 billion, demonstrating changes of -1.02% and +1.91%, respectively, from the preceding year.
Any recent changes to analyst estimates for Williams-Sonoma should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.1% higher. Williams-Sonoma currently has a Zacks Rank of #2 (Buy).
In the context of valuation, Williams-Sonoma is at present trading with a Forward P/E ratio of 23.58. This expresses a premium compared to the average Forward P/E of 22.05 of its industry.
It's also important to note that WSM currently trades at a PEG ratio of 3.21. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Retail - Home Furnishings industry had an average PEG ratio of 2.12.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 168, putting it in the bottom 32% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.