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Williams-Sonoma (WSM) Dips More Than Broader Market: What You Should Know
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Williams-Sonoma (WSM - Free Report) ended the recent trading session at $183.42, demonstrating a -1.64% change from the preceding day's closing price. This change lagged the S&P 500's 0.38% loss on the day. Elsewhere, the Dow lost 0.63%, while the tech-heavy Nasdaq lost 0.13%.
The seller of cookware and home furnishings's stock has dropped by 0.57% in the past month, falling short of the Retail-Wholesale sector's gain of 11.17% and the S&P 500's gain of 11.41%.
Analysts and investors alike will be keeping a close eye on the performance of Williams-Sonoma in its upcoming earnings disclosure. The company is predicted to post an EPS of $1.8, indicating a 2.7% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.8 billion, indicating a 4.25% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $9.24 per share and a revenue of $8.15 billion, demonstrating changes of +4.52% and +4.39%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Williams-Sonoma. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Williams-Sonoma is currently a Zacks Rank #3 (Hold).
From a valuation perspective, Williams-Sonoma is currently exchanging hands at a Forward P/E ratio of 20.18. This denotes a discount relative to the industry average Forward P/E of 21.5.
One should further note that WSM currently holds a PEG ratio of 2.34. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Retail - Home Furnishings industry stood at 1.85 at the close of the market yesterday.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 214, this industry ranks in the bottom 13% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow WSM in the coming trading sessions, be sure to utilize Zacks.com.
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Williams-Sonoma (WSM) Dips More Than Broader Market: What You Should Know
Williams-Sonoma (WSM - Free Report) ended the recent trading session at $183.42, demonstrating a -1.64% change from the preceding day's closing price. This change lagged the S&P 500's 0.38% loss on the day. Elsewhere, the Dow lost 0.63%, while the tech-heavy Nasdaq lost 0.13%.
The seller of cookware and home furnishings's stock has dropped by 0.57% in the past month, falling short of the Retail-Wholesale sector's gain of 11.17% and the S&P 500's gain of 11.41%.
Analysts and investors alike will be keeping a close eye on the performance of Williams-Sonoma in its upcoming earnings disclosure. The company is predicted to post an EPS of $1.8, indicating a 2.7% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.8 billion, indicating a 4.25% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $9.24 per share and a revenue of $8.15 billion, demonstrating changes of +4.52% and +4.39%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Williams-Sonoma. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Williams-Sonoma is currently a Zacks Rank #3 (Hold).
From a valuation perspective, Williams-Sonoma is currently exchanging hands at a Forward P/E ratio of 20.18. This denotes a discount relative to the industry average Forward P/E of 21.5.
One should further note that WSM currently holds a PEG ratio of 2.34. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Retail - Home Furnishings industry stood at 1.85 at the close of the market yesterday.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 214, this industry ranks in the bottom 13% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow WSM in the coming trading sessions, be sure to utilize Zacks.com.