Williams-Sonoma, Inc. (NYSE:WSM) stock is presently standing at about $47.62 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 19 analysts covering the company is $52.00, which suggests the stock could still rise over 8 percent. The highest analyst price target is $65.00, which implies a rally of 64 percent. And a quick view of analyst notes show that 6 are rating the stock a buy while 3 rate WSM a strong buy. There are 17 equity research firms advocating a Hold and 1 consider it Sell.
Telsey Advisory Group analysts provided their view on Williams-Sonoma, Inc. (NYSE:WSM) recently. The rating firm issued a Market Perform rating to this company in a research note released on Feb 13, 2017. Loop Capital analysts disclosed their opinion on Williams-Sonoma, Inc. (NYSE:WSM) recently. The rating firm gave a Hold rating to this stock in a research note published on Jan 04, 2017. According to a research note disclosed on Nov 14, 2016, analysts at Robert W. Baird have lowered their rating on these shares from Outperform to Neutral.
Williams-Sonoma, Inc. (NYSE:WSM) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its PRESIDENT WEST ELM BRAND Brett James W. Jr. sold 16,355 company shares for 891180, in a transaction on 2016-11-22. Following the transaction, the PRESIDENT WEST ELM BRAND is left with a stake of 27,091 shares, currently valued at $1290073. Meanwhile, PRESIDENT WS BRAND Hayes Janet sold 15,027 shares worth $747440, through a transaction dated 2016-09-23. Following the completion of the transaction, the insider is left with a stake of 32,776 shares, amounting $1560793.12. WSM PRESIDENT & CEO ALBER LAURA also sold 80,000 shares, at a stock price of $53.19. This transaction occurred on 2016-08-29 totals $4255200. After this transaction, the insider’s stake stands at 321,650 shares, with a market value of $15316973.
Executives hold 16.42 percent of the stock. W. Howard Lester is one of the biggest insider owners in Williams-Sonoma, Inc. (NYSE:WSM), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 2,025,362 shares which have current market value of around $96447738.44.Patrick J. Connolly is another major inside shareholder in the company. The insider owns 480,914 shares as of 0.55%, currently worth $22901124.68. Ms. Laura J. Alber is ranked as third insider holder of the stock. This insider holds 307,860 shares with a market value around $14660293.2 as of recent close.
Williams-Sonoma, Inc. (NYSE:WSM) Earnings Outlook
In Williams-Sonoma, Inc. (NYSE:WSM)’s latest quarter, EPS moved to $0.79 from $0.58 in preceding quarter and revenues reached at $1,245.39M compared to $1,159.03M. Analysts had expected Williams-Sonoma, Inc. (NYSE:WSM) to post net income of about $0.77 per share on $1,261.12M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.49 to $0.60. That is compared with the $1.55 in EPS it reported during the same period a year ago.