A month has passed by because the final earnings report for Williams-Sonoma (WSM). Shares have misplaced about 15.6% in that timeframe, underperforming the S&P 500.
Will the current unfavourable pattern proceed main as much as its subsequent earnings launch, or is Williams-Sonoma due for a breakout? Earlier than we dive into how traders and analysts have reacted as of late, let’s take a fast have a look at its most up-to-date earnings report as a way to get a greater deal with on the necessary drivers.
How Have Estimates Been Shifting Since Then?
It seems, recent estimates flatlined through the previous month.
VGM Scores
Presently, Williams-Sonoma has a powerful Progress Rating of A, although it’s lagging rather a lot on the Momentum Rating entrance with a C. Following the very same course, the inventory was allotted a grade of C on the worth aspect, placing it within the center 20% for this funding technique.
General, the inventory has an mixture VGM Rating of A. In the event you aren’t targeted on one technique, this rating is the one you need to be involved in.
Outlook
Williams-Sonoma has a Zacks Rank #3 (Maintain). We count on an in-line return from the inventory within the subsequent few months.
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Williams-Sonoma, Inc. (WSM) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
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