J.P. Morgan analyst Christopher Horvers maintained a Sell rating on Williams-Sonoma (NYSE:WSM) on Monday, setting a price target of $75, which is approximately 9.87% below the present share price of $83.21.
Horvers expects Williams-Sonoma to post earnings per share (EPS) of $0.46 for the second quarter of 2020.
The current consensus among 14 TipRanks analysts is for a Hold rating of shares in Williams-Sonoma, with an average price target of $77.43.
The analysts price targets range from a high of $95 to a low of $54.
In its latest earnings report, released on 04/30/2020, the company reported a quarterly revenue of $1.24 billion and a net profit of $48.65 million. The company's market cap is $6.47 billion.
According to TipRanks.com, J.P. Morgan analyst Christopher Horvers is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.6% and a 66.49% success rate.
Williams-Sonoma, Inc. engages in the business of retailing home products. It operates through the E-commerce and Retail segment. The E-commerce segment comprises of the following merchandising strategies: Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation, and Mark and Graham (NYSE:GHM), which markets its products through its e-commerce websites, and direct-mail catalogs. The Retail segment includes franchise operations, which sell its products through its retail stores. The company was founded by Charles E. Williams (NYSE:WMB) on September 15, 1956 and is headquartered in San Francisco, CA.