Alert: New Earnings Report (8/22/24)-Williams-Sonoma Inc (NYSE: WSM).

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Williams-Sonoma Inc (NYSE: WSM) has reported E.P.S. of $1.76 for its second fiscal quarter (ending July 31) versus $3.14 for the same period a year ago. For the latest four quarters through July 31, E.P.S. were $8.44 versus $14.63 for the same period a year ago.

Recent Price Action

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Williams-Sonoma Inc (NYSE: WSM) stock suffered a large decline of -9.3% on 8/22/24. The stock closed at $130.50. Moreover, exceptionally high trading volume at 337% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -5.9% during the last week.

Current PriceTarget Research Rating

WSM is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Williams-Sonoma has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Williams-Sonoma has a slightly negative Appreciation Score of 34 but a very high Power Rating of 87, leading to the High Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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