Canaccord Genuity Reiterates Buy on Williams Sonoma (WSM)

By admin | 6 years ago

Williams Sonoma (NYSE: WSM)‘s stock had its “buy” rating restated by analysts at Canaccord Genuity in a research report issued to clients and investors on Friday.

A number of other firms have also recently commented on WSM. Analysts at Janney Montgomery Scott upgraded shares of Williams Sonoma from a “sell” rating to a “neutral” rating in a research note to investors on Tuesday, May 29th. Separately, analysts at UBS AG (NYSE: UBS) reiterated a “neutral” rating on shares of Williams Sonoma in a research note to investors on Wednesday, May 23rd. Finally, analysts at Goldman Sachs (NYSE: GS) reiterated a “buy” rating on shares of Williams Sonoma in a research note to investors on Wednesday, May 23rd.

Shares of Williams Sonoma traded down 1.93% during mid-day trading on Friday, hitting $33.49. Williams Sonoma has a one year low of $27.90 and a one year high of $40.76. The company has a market cap of $3.355 billion and a P/E ratio of 15.23.

Williams Sonoma last issued its quarterly earnings data on Tuesday, May 22nd. The company reported $0.34 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.32 by $0.02. The company’s quarterly revenue was up 6.1% on a year-over-year basis. On average, analysts predict that Williams Sonoma will post $0.43 earnings per share next quarter.

Williams-Sonoma, Inc. is a multi-channel specialty retailer of products for the home. The direct-to-customer segment of the Company’s business sells its products through its six e-commerce Websites (williams-sonoma.

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