WSM investors were likely spooked this afternoon by Barrons's report: "Williams-Sonoma Says Outlook Is Getting Harder to Read." For more coverage, read the full article here. On the back of this news, Williams-Sonoma sank -6.4% to a price of $122.1. Are the markets overreacting?
Williams-Sonoma, Inc. operates as an omni-channel specialty retailer of various products for home. The company belongs to the Consumer Cyclical sector, which has an average price to earnings (P/E) ratio of 24.11 and an average price to book (P/B) ratio of 3.11. In contrast, Williams-Sonoma has a trailing 12 month P/E ratio of 14.2 and a P/B ratio of 5.6.
Williams-Sonoma has moved -39.54% over the last year compared to -15.99% for the S&P 500 -- a difference of 23.55%. Williams-Sonoma has a 52 week high of $223.32 and a 52 week low of $101.58. At today's price of $122.1 per share, Williams-Sonoma is -23.43% away from its target price of $159.47, and on average, analysts give the stock a rating of hold.22.3% of the company's shares are linked to short positions, and 106.8% of the shares are owned by institutional investors.
If you are interested in keeping up to date with equity markets, subscribe to our free newsletter today!
