Williams-Sonoma To Acquire Augmented Reality Technology Company

Ivan Schwartz
November 18, 2017

For this year, Williams-Sonoma, Inc. (WSM)'s current share price. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Williams-Sonoma by 10.4% in the second quarter.

Analysts use volume trends to assess the level of conviction behind a stock's price changes. As of the end of the quarter Neuberger Berman Group LLC had acquired a total of 12,226 shares growing its holdings by 1.7%. Eight equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and five have assigned a buy rating to the company. Ffcm LLC bought a new stake in Williams-Sonoma in the third quarter worth $125,000. Benjamin F. Edwards & Company Inc. now owns 3,750 shares of the specialty retailer's stock valued at $182,000 after acquiring an additional 250 shares in the last quarter. IFP Advisors Inc raised its position in Williams-Sonoma by 39.8% during the second quarter. (NYSE:WSM) traded up 0.54% during trading on Friday, reaching $48.39. (WSM)'s latest closing price was 7.69% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 5.42% and 3.40% compared with the 20 Day Moving Average. The price/earnings to growth ratio (PEG ratio) is a stock's price-to-earnings (P/E) ratio divided by the growth rate of its earnings for a specified time period. (NYSE:WSM) are experiencing unusual volume during today's trading. That translated to a 2.8% increase in net income to $71.3 million, and - thanks to share repurchases over the past year - 7.7% growth in earnings per share to $0.84.

The company said it expects revenue in the range of $1.61 billion to $1.68 billion for the fiscal fourth quarter. Williams-Sonoma's revenue was up 1.1% compared to the same quarter previous year. During the same quarter in the prior year, the company posted $0.78 EPS. Vident Investment Advisory Limited Liability Company has invested 0.03% of its portfolio in Williams-Sonoma, Inc.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 22nd. Shareholders of record on Thursday, January 26th will be given a dividend of $0.37 per share. It has a dividend yield of 2.95%. The rating was initiated by Jefferies on Thursday, October 8 with "Hold". Wayfair, for example, has been aggressive in establishing a large 3-D image library, and Williams-Sonoma may be intent on doing the same.

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WSM has been the topic of a number of other research reports. Wedbush reiterated a "neutral" rating and issued a $53.00 target price on shares of Williams-Sonoma in a research report on Monday, October 10th. Zacks Investment Research cut Williams-Sonoma from a "buy" rating to a "hold" rating in a research report on Friday, October 13th. (WSM). The consensus rating is 2.9, suggesting the market has given up on the stock.

In other news, insider James W. Jr. The total value of its holdings decreased 12.7%. The stock showed rise in half yearly performance of 6.89% and maintained strong performance for the year at 1.85%. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

The report stated that Outward will continue to operate independently as a subsidiary of Williams-Sonoma, and will continue to work with other clients in addition to the brands owned by its new parent company. The e-commerce segment has various merchandising strategies, such as Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which sell its products through the Business's e-commerce Websites and direct-mail catalogs.

Oxford Metrics plc, formerly OMG plc, is the United Kingdom worldwide software company.

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