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Williams-Sonoma (WSM) Soars: Stock Adds 13.4% in Session
Williams-Sonoma, Inc. (WSM - Free Report) was a big mover last session, as the company saw its shares rise more than 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $51.13 to $56.64 in the past one-month time frame.
The upmove came after the company reported better-than-expected fiscal first quarter (ended May 5, 2019) 2019 results.
The company has seen a mixed track record when it comes to estimate revisions of two increase and three decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Williams-Sonoma currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.
Williams-Sonoma, Inc. Price
Williams-Sonoma, Inc. price | Williams-Sonoma, Inc. Quote
Investors interested in the Retail – Home Furnishings industry may consider Ethan Allen Interiors Inc. (ETH - Free Report) , which has a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is WSM going up? Or down? Predict to see what others think:Up or Down
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