Collins Stewart Starts Williams-Sonoma (WSM) at Buy; Dominates the e-Commerce Channel in Home Furnishings
Tweet
Share
E-mailGet Alerts WSM Hot Sheet
Price: $237.58 +0.80%
Rating Summary:
16 Buy, 27 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
16 Buy, 27 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
Collins Stewart initiates coverage on Williams-Sonoma (NYSE: WSM) with a Buy. PT $55.00.
Collins analyst says, "Williams-Sonoma stands out in the home-furnishings space on the strength of its multichannel, multi-brand platform. The company operates its Williams-Sonoma, Pottery Barn, Pottery Barn Kids, PBteen, and West Elm brands through brick-and-mortar locations and a direct-to-consumer business that marks WSM as the industry’s dominant online retailer, with approximately $1.4B in 2011E online revenues. We estimate that E-commerce sales will climb from 38% of total revenues in FY11 to 47% by FY15. Despite WSM’s significant E-commerce penetration, there is still vast growth potential for the company online...As a result, we expect EPS to double, from $1.95 in FY10 to $3.89 in FY15."
For an analyst ratings summary and ratings history on Williams-Sonoma click here. For more ratings news on Williams-Sonoma click here.
Shares of Williams-Sonoma closed at $37.72 yesterday.
Collins analyst says, "Williams-Sonoma stands out in the home-furnishings space on the strength of its multichannel, multi-brand platform. The company operates its Williams-Sonoma, Pottery Barn, Pottery Barn Kids, PBteen, and West Elm brands through brick-and-mortar locations and a direct-to-consumer business that marks WSM as the industry’s dominant online retailer, with approximately $1.4B in 2011E online revenues. We estimate that E-commerce sales will climb from 38% of total revenues in FY11 to 47% by FY15. Despite WSM’s significant E-commerce penetration, there is still vast growth potential for the company online...As a result, we expect EPS to double, from $1.95 in FY10 to $3.89 in FY15."
For an analyst ratings summary and ratings history on Williams-Sonoma click here. For more ratings news on Williams-Sonoma click here.
Shares of Williams-Sonoma closed at $37.72 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Williams-Sonoma, Inc. announces release date for second quarter results: Wednesday, August 26th, 2026
- Keefe, Bruyette & Woods Resumes Royal Bank of Canada (RY:CN) (RY) at Market Perform
- DA Davidson Starts Everus (ECG) at Buy
Create E-mail Alert Related Categories
New CoverageRelated Entities
Collins StewartSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
