” WSM’s market-leading e-commerce segment drives its growth, and we project it will grow at a five-year CAGR of 14% vs. 4% growth in the retail segment. In our view, the threat of Amazon is not as great as perceived, as our cross checks show AMZN’s average discount to be less than 1%. We expect WSM to continue to protect its dominant position online through greater product exclusivity and more effective marketing. The company has taken a more-aggressive approach to free shipping, and we believe there are multiple levers to offset the margin impact.,” the firm’s analyst wrote.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse initiated coverage on shares of Williams Sonoma in a research note to investors on Tuesday, February 5th. They set a neutral rating and a $49.00 price target on the stock. Separately, analysts at Raymond James downgraded shares of Williams Sonoma from a strong-buy rating to a market perform rating in a research note to investors on Thursday, January 17th. They now have a $51.00 price target on the stock. Finally, analysts at Goldman Sachs downgraded shares of Williams Sonoma from a buy rating to a neutral rating in a research note to investors on Thursday, January 17th. They now have a $51.00 price target on the stock.
Seven investment analysts have rated the stock with a buy rating, one has assigned an overweight rating, and seventeen have assigned a hold rating to the company. The company presently has a consensus rating of overweight and an average target price of $48.32.
Shares of Williams Sonoma traded down 0.07% during mid-day trading on Monday, hitting $45.50. Williams Sonoma has a one year low of $32.67 and a one year high of $48.07. The stock’s 50-day moving average is currently $45.46. The company has a market cap of $4.461 billion and a P/E ratio of 19.04.
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