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Williams-Sonoma (WSM) Stock Drops Despite Market Gains: Important Facts to Note
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Williams-Sonoma (WSM - Free Report) ended the recent trading session at $171.95, demonstrating a -1.96% change from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.59%. Elsewhere, the Dow lost 0.14%, while the tech-heavy Nasdaq added 1.2%.
The seller of cookware and home furnishings's stock has dropped by 9.52% in the past month, falling short of the Retail-Wholesale sector's gain of 3.21% and the S&P 500's gain of 8.64%.
Investors will be eagerly watching for the performance of Williams-Sonoma in its upcoming earnings disclosure. The company is forecasted to report an EPS of $1.8, showcasing a 2.7% downward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $1.8 billion, up 4.25% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $9.26 per share and a revenue of $8.15 billion, indicating changes of +4.75% and +4.39%, respectively, from the former year.
Any recent changes to analyst estimates for Williams-Sonoma should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.58% higher. As of now, Williams-Sonoma holds a Zacks Rank of #3 (Hold).
Looking at its valuation, Williams-Sonoma is holding a Forward P/E ratio of 18.94. This indicates a discount in contrast to its industry's Forward P/E of 20.2.
We can also see that WSM currently has a PEG ratio of 2.2. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Retail - Home Furnishings industry had an average PEG ratio of 1.72 as trading concluded yesterday.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 206, positioning it in the bottom 16% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Williams-Sonoma (WSM) Stock Drops Despite Market Gains: Important Facts to Note
Williams-Sonoma (WSM - Free Report) ended the recent trading session at $171.95, demonstrating a -1.96% change from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.59%. Elsewhere, the Dow lost 0.14%, while the tech-heavy Nasdaq added 1.2%.
The seller of cookware and home furnishings's stock has dropped by 9.52% in the past month, falling short of the Retail-Wholesale sector's gain of 3.21% and the S&P 500's gain of 8.64%.
Investors will be eagerly watching for the performance of Williams-Sonoma in its upcoming earnings disclosure. The company is forecasted to report an EPS of $1.8, showcasing a 2.7% downward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $1.8 billion, up 4.25% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $9.26 per share and a revenue of $8.15 billion, indicating changes of +4.75% and +4.39%, respectively, from the former year.
Any recent changes to analyst estimates for Williams-Sonoma should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.58% higher. As of now, Williams-Sonoma holds a Zacks Rank of #3 (Hold).
Looking at its valuation, Williams-Sonoma is holding a Forward P/E ratio of 18.94. This indicates a discount in contrast to its industry's Forward P/E of 20.2.
We can also see that WSM currently has a PEG ratio of 2.2. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Retail - Home Furnishings industry had an average PEG ratio of 1.72 as trading concluded yesterday.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 206, positioning it in the bottom 16% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.