How Guggenheim Currently Rates Williams-Sonoma (NYSE:WSM)
Guggenheim launched its coverage on Williams-Sonoma (NYSE:WSM), today Thursday morning. The firm finds the stock of Williams-Sonoma (NYSE:WSM) attractive and has given it Neutral rating.
From a total of 23 analysts covering Williams-Sonoma (NYSE:WSM) stock, 14 rate it a ”Buy”, 0 a “Sell”, and 14 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is $100 while the lowest target price is $51. The mean of all analyst targets is $76.78 with a 28.30% above today’s ($60.07) stock price. Williams-Sonoma was the topic of 26 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on November 20 with “Sector Perform” rating. Canaccord Genuity maintained shares with “Hold” rating and $75 target share price in a report from an August 27. Morgan Stanley maintained WSM stock in a recent report from November 20 with “Equal-Weight” rating. Cantor Fitzgerald maintained the rating on August 27. Cantor Fitzgerald has a “Hold” rating and a $75 price target on shares. Finally, Deutsche Bank maintained the stock with “Hold” rating in a report issued on an August 30.
Approximately 561,512 shares of stock traded hands. Williams-Sonoma, Inc. (NYSE:WSM) has declined 19.26% since May 14, 2015 and is downtrending. It has underperformed by 16.99% the S&P500.
The overall sentiment of institutions has increased to 1.17 in Q2 2015. Its up 0.31, from 0.86 in 2015Q2. The ratio is positive, as 45 institutions have sold all the shares of Williams-Sonoma, Inc. that they owned while 99 funds have taken shares off the table. 44 funds have purchased shares for the first time while 124 added to their positions. These institutions now hold 69.88 million shares or 6.08% less than the 74.41 million shares they owned in 2015Q2.
The Fund Blackhill Capital Inc currently is holding shares equating to 50.97% of its total portfolio in Williams-Sonoma, Inc. representing a total of 4.95 million shares. Another fund,Hs Management Partners Llc, is holding a total of 1.47 million shares equating to 4.5% of their holdings. Additionally, Reik & Co. Llc has a 165,060 share stake in Williams-Sonoma, Inc. which represents 4.48% of their total portfolio. The Fund, Aristotle Capital Management Llc, based out of California, has also built up a stake in the stock, which represents a total of 4.31% of their total portfolio. Finally Bodri Capital Management Llc, a fund which is based in the state of California reported a total holdings of 50,000 shares.
Williams-Sonoma, Inc. is an e-commerce and multi-channel specialty retailer of products for the home with some brands in home furnishings. The company has a market cap of $5.48 billion. The Firm operates in two divisions: e-commerce and retail. It has 17.71 P/E ratio. The e-commerce segment has the merchandising strategies, which include Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which sells its products through its e-commerce Websites and direct-mail catalogs.
According to Zacks Investment Research, “Williams-Sonoma, Inc. is specialty retailer of products for the home. The retail segment sells its products through its three retail concepts: Williams-Sonoma, Pottery Barn and Hold Everything. The direct-to-customer segment sells similar products through its five direct-mail catalogs, Williams-Sonoma, Pottery Barn, Pottery Barn Kids, Hold Everything and Chambers, and the Internet.”