Williams-Sonoma Inc. (NYSE:WSM) saw an upside of 10.01% to $154.02 after adding $14.01 on Monday. The 5-day average trading volume is 1,487,571 shares of the company’s common stock. It has gained $154.74 in the past week and touched a new high 3 times within the past 5 days. An average of 1,097,303 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,117,583.
WSM’s 1-month performance is 10.38% or $13.69 on its low of $138.40 reached on 09/12/23. The company’s shares have touched a 52-week low of $109.22 and high of $146.29, with the stock’s rally to the 52-week high happening on 09/25/23. YTD, WSM has achieved 34.03% or $39.24 and has reached a new high 12 times. However, the current price is up 5.29% from the 52-week high price.
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Insider Transactions
WSM stock investors last saw insider trading activity on Aug 28.Benson Marta (CEO POTTERY BARN BRANDS) most recently sold 10,000 shares at $140.68 per share on Aug 28. This transaction cost the insider $1,406,772. EVP CHIEF TALENT OFFICER, Smith Karalyn, sold 1,533 shares at a price of $131.64 on Jul 12. Then, on Dec 02, PRESIDENT POTTERY BARN BRAND Benson Marta sold 10,000 shares at a price of $114.88 per share. This transaction amounted to $1,148,790.
Valuation Metrics
WSM stock has a beta of 1.57. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.20 while the price-to-book (PB) in the most recent quarter is 6.09, with the price to cash flow ratio at 9.10.
Williams-Sonoma Inc.’s quick ratio for the period ended July 30 was 0.44, with the current ratio over the same period at 1.22. As well, the company’s long term debt to equity for the quarter ending July 30 was 0.72, while the total debt to equity was 0.86. In terms of profitability, the gross margin trailing 12 months is 40.57%. The trailing 12-month EBITDA margin is 22.68% while for the period ending July 30, Williams-Sonoma Inc.’s operating margin was 15.78%. The firm’s gross profit as reported stood at $3.68 billion against revenue of $8.67 billion.
Earnings Surprise
For the quarterly period ending July 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -32.54% to $201.51 million, while revenue of $156.53 million was 22.32% off the previous quarter. Analysts expected WSM to announce $2.71 per share in earnings in its latest quarter, but it posted $3.12, representing a 15.10% surprise. EBITDA for the quarter stood at more than $326.79 million. WSM stock balance sheet for the quarter ending July 30 shows that total liabilities totaled 2.95 billion, with total debt at $1.39 billion. Shareholders hold equity totaling $64.14 million.
Let’s look briefly at Williams-Sonoma Inc. (WSM) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 September was 72.32% to suggest the stock is trending Overbought, with historical volatility in this time period at 50.31%.
The stock’s 5-day moving average is $144.29, reflecting a +6.76% or $9.76 change from its current price. WSM is currently trading +9.75% above its 20-day SMA, +31.22% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +21.55% and SMA200 by+38.00%.
Stochastic %K and %D was 52.54% and 49.73% and the average true range (ATR) pointed at 4.61. The RSI (14) points at 67.57%, while the 14-day stochastic is at 96.45% with the period’s ATR at 4.35. The stock’s 9-day MACD Oscillator is pointing at 0.98 and 1.70 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Williams-Sonoma Inc. (NYSE: WSM), BofA Securities upgraded it to a Neutral rating. They previously had an Underperform rating on the stock. Analysts offering their rating for WSM stock have a consensus rating for the stock as Hold. Currently, 6 brokerage advisors rate WSM as a “sell,”, while 14 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 5 have offered a “buy” rating.
What is WSM’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $110.00 and a high of $185.00, with their median price target at $146.00. Looking at these predictions, the average price target given by analysts is for Williams-Sonoma Inc. (WSM) stock is $143.76.
