There Is Clear Momentum For Williams-Sonoma, Inc. (NYSE: WSM)

Williams-Sonoma, Inc. (WSM) concluded trading on Wednesday at a closing price of $280.82, with 0.45 million shares of worth about $127.31 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 38.12% during that period and on July 03, 2024 the price saw a gain of about 0.46%. Currently the company’s common shares owned by public are about 64.14M shares, out of which, 61.88M shares are available for trading.

Stock saw a price change of -5.35% in past 5 days and over the past one month there was a price change of -5.67%. Year-to-date (YTD), WSM shares are showing a performance of 39.17% which increased to 121.04% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $120.74 but also hit the highest price of $348.51 during that period. The average intraday trading volume for Williams-Sonoma, Inc. shares is 1.05 million. The stock is currently trading -5.72% below its 20-day simple moving average (SMA20), while that difference is down -5.64% for SMA50 and it goes to 21.99% higher than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Williams-Sonoma, Inc. (NYSE: WSM) currently have 64.14M outstanding shares and institutions hold larger chunk of about 95.25% of that.

The stock has a current market capitalization of $18.06B and its 3Y-monthly beta is at 1.74. PE ratio of stock for trailing 12 months is 17.23, while it has posted earnings per share of $16.29 in the same period. Its PEG reads 1.72 and has Quick Ratio of 0.85 while making debt-to-equity ratio of 0.61. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for WSM, volatility over the week remained 3.80% while standing at 4.31% over the month.

Stock’s fiscal year EPS is expected to rise by 8.98% while it is estimated to increase by 2.23% in next year. EPS is likely to shrink at an annualized rate of 10.00% for next 5-years, compared to annual growth of 29.13% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on May 03, 2024 offering a Neutral rating for the stock and assigned a target price range of between $245 and $275 to it. Coverage by Telsey Advisory Group stated Williams-Sonoma, Inc. (WSM) stock as an Outperform in their note to investors on March 25, 2024, suggesting a price target of $340 for the stock. On March 14, 2024, Morgan Stanley Upgrade their recommendations, while on March 14, 2024, Goldman Upgrade their ratings for the stock with a price target of $263. Stock get an Outperform rating from Telsey Advisory Group on March 14, 2024.

Most Popular

Related Posts