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Williams-Sonoma (WSM) Outperforms Broader Market: What You Need to Know
Williams-SonomaWilliams-Sonoma(US:WSM) ZACKSยท2024-08-15 22:51

Group 1: Stock Performance - Williams-Sonoma (WSM) closed at $141.03, reflecting a +1.74% change from the previous session, outperforming the S&P 500's gain of 1.61% [1] - The stock has decreased by 7.64% over the past month, underperforming the Retail-Wholesale sector's loss of 4.92% and the S&P 500's loss of 2.88% [1] Group 2: Earnings Projections - The upcoming earnings report projects earnings per share (EPS) of $1.45, a decrease of 7.05% from the same quarter last year [2] - Revenue is estimated at $1.82 billion, indicating a 2.53% decrease compared to the same quarter of the previous year [2] - For the entire fiscal year, earnings are projected at $7.24 per share and revenue at $7.76 billion, representing changes of -2.56% and +0.14% from the prior year, respectively [3] Group 3: Analyst Projections and Rankings - Recent shifts in analyst projections for Williams-Sonoma are important as they reflect changing business trends, with positive revisions indicating analyst optimism [4] - The Zacks Rank system, which includes estimate changes, currently ranks Williams-Sonoma at 3 (Hold), with a recent downward shift of 0.19% in the EPS estimate [5][6] Group 4: Valuation Metrics - Williams-Sonoma has a Forward P/E ratio of 19.16, which is higher than the industry's average Forward P/E of 18.83 [7] - The company's PEG ratio stands at 2.35, compared to the industry average PEG ratio of 2.14 [7] Group 5: Industry Context - The Retail - Home Furnishings industry is part of the Retail-Wholesale sector and holds a Zacks Industry Rank of 215, placing it in the bottom 16% of over 250 industries [8]