Williams-Sonoma Inc (NYSE: WSM) has reported earnings for its fourth fiscal quarter (ending January 31) of $5.53 versus $5.35 for the same period a year ago — an increase of 3%. This result exceeded the consensus estimate of $5.18 by $0.35. For the latest four quarters through January 31, E.P.S. were $14.71 versus $16.58 for the same period a year ago — a decline of -11%.
Recent Price Action
Williams-Sonoma Inc (NYSE: WSM) stock enjoyed a major increase of 17.8% on 3/13/24. The shares closed at $283.87. Moreover, exceptionally high trading volume at 495% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 18.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, WSM is expected to continue to be a major Value Builder.
Williams-Sonoma has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Williams-Sonoma has a neutral Appreciation Score of 51 but a very high Power Rating of 91, with the Positive Value Trend Rating the result.
Rating Review
In light of this encouraging new earnings information and very positive price change we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
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