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Williams-Sonoma (WSM) Rises Higher Than Market: Key Facts
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Williams-Sonoma (WSM - Free Report) ended the recent trading session at $231.90, demonstrating a +1.42% change from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.51%. Elsewhere, the Dow saw an upswing of 0.93%, while the tech-heavy Nasdaq appreciated by 0.48%.
Shares of the seller of cookware and home furnishings have depreciated by 4.09% over the course of the past month, outperforming the Retail-Wholesale sector's loss of 6.89%, and lagging the S&P 500's gain of 0.74%.
Analysts and investors alike will be keeping a close eye on the performance of Williams-Sonoma in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $2.16, reflecting a 10.2% increase from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $1.99 billion, up 5.43% from the prior-year quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $9.51 per share and a revenue of $8.23 billion, indicating changes of +7.58% and +5.46%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Williams-Sonoma. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 1.32% rise in the Zacks Consensus EPS estimate. As of now, Williams-Sonoma holds a Zacks Rank of #3 (Hold).
From a valuation perspective, Williams-Sonoma is currently exchanging hands at a Forward P/E ratio of 24.05. This denotes a premium relative to the industry average Forward P/E of 18.73.
Meanwhile, WSM's PEG ratio is currently 2.48. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Retail - Home Furnishings industry was having an average PEG ratio of 1.93.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 191, which puts it in the bottom 23% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
View the Zacks #1 Rank List
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Williams-Sonoma (WSM) Rises Higher Than Market: Key Facts
Williams-Sonoma (WSM - Free Report) ended the recent trading session at $231.90, demonstrating a +1.42% change from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.51%. Elsewhere, the Dow saw an upswing of 0.93%, while the tech-heavy Nasdaq appreciated by 0.48%.
Shares of the seller of cookware and home furnishings have depreciated by 4.09% over the course of the past month, outperforming the Retail-Wholesale sector's loss of 6.89%, and lagging the S&P 500's gain of 0.74%.
Analysts and investors alike will be keeping a close eye on the performance of Williams-Sonoma in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $2.16, reflecting a 10.2% increase from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $1.99 billion, up 5.43% from the prior-year quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $9.51 per share and a revenue of $8.23 billion, indicating changes of +7.58% and +5.46%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Williams-Sonoma. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 1.32% rise in the Zacks Consensus EPS estimate. As of now, Williams-Sonoma holds a Zacks Rank of #3 (Hold).
From a valuation perspective, Williams-Sonoma is currently exchanging hands at a Forward P/E ratio of 24.05. This denotes a premium relative to the industry average Forward P/E of 18.73.
Meanwhile, WSM's PEG ratio is currently 2.48. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Retail - Home Furnishings industry was having an average PEG ratio of 1.93.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 191, which puts it in the bottom 23% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
You can find more information on all of these metrics, and much more, on Zacks.com.