As of Wednesday close, The Williams Companies Inc.’s (NYSE:WMB) stock traded at $34.29. The average number of shares traded per day over the past five days has been 5,976,520 shares. 1 time new highs have been achieved over the past 5 days, with a $0.03 gain in that time frame. In the last twenty days, the average volume was 5,675,195, while in the previous 50 days, it was 5,950,622.
Since last month, WMB stock retreated -1.55%. Shares of the company fell to $33.54 on 09/11/23, the lowest level in the past month. A 52-week high of $35.46 was reached on 08/09/23 after having rallying from a 52-week low of $27.80. Since the beginning of this year, WMB’s stock price has risen by 4.22% or $1.39, and marked a new high 13 times. However, the stock has declined by -3.30% since its 52-week high.
WMB stock investors should be aware that The Williams Companies Inc. (WMB) stock had its last reported insider trading activity 76 days ago on Jul 07. Hallam Scott A., the SVP Transmission & Gulf of Mex of the company, disposed of 7,193 shares for $33.00 on Jul 07. It resulted in a $237,369 divestment by the insider. Hallam Scott A. sold 7,194 shares at an average price of $32.00 on Jun 28. The insider now owns 234,166 shares following the transaction. On Jun 21, SVP Transmission & Gulf of Mex Hallam Scott A. sold 7,194 shares at $31.00 apiece. The transaction was valued at $223,014.
Valuation Metrics
Right now, The Williams Companies Inc. (WMB) has a P/E ratio of about 15.31. The stock’s beta is 1.20. Besides these, the trailing price-to-sales (P/S) ratio of 3.66, the price-to-book (PB) ratio of 3.59, and the price-to-cash flow ratio of 15.29 may also be considered.
The latest dividend of $0.4475 per share was paid out, remained unchanged from last year’s $0.4475. On Tuesday January 31 2023, a $0.0225 dividend increase was announced.
Financial Health
In the three months ended June 29, The Williams Companies Inc.’s quick ratio stood at 0.40, while its current ratio was 0.50, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.85, and the total debt-to-equity ratio was 2.10. On the profitability front, the trailing twelve-month gross margin is 75.70% percent. In the year ended June 29, EBITDA margin amounted to 47.45%, whereas operating margins totaled 35.80%. Based on annual data, WMB earned $3.02 billion in gross profit and brought in $10.96 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 7.50%. Return on equity (ROE) for the past 12 months was 23.00%.
In The Williams Companies Inc.’s quarter-end financial report for June 29, it reported total debt of $21.53 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. WMB’s revenue fell -0.28% to $3.08 billion during the quarter, while net income inched up to $2.48 billion. While analysts expected The Williams Companies Inc. to report $0.39 quarterly earnings, the actual figure was $0.38 per share, beating the consensus estimate by -2.60%. During the quarter, the company generated $1.41 billion in EBITDA. The liabilities of The Williams Companies Inc. were 34.82 billion at the end of its most recent quarter ended June 29, and its total debt was $24.41 billion. The value of shareholders’ equity is $1.22 billion.
Technical Picture
This quick technical analysis looks at The Williams Companies Inc.’s (WMB) price momentum. With a historical volatility rate of 13.54%, the RSI 9-day stood at 48.25% on 20 September.
With respect to its five-day moving average, the current The Williams Companies Inc. price is up by +0.09% percent or $0.03. At present, WMB shares trade -0.98% below its 20-day simple moving average and +15.03% percent above its 100-day simple moving average. However, the stock is currently trading approximately +2.21% above its SMA50 and -1.80% below its SMA200.
Stochastic coefficient K was 52.08% and Stochastic coefficient D was 55.38%, while ATR was 0.50. Given the Stochastic reading of 49.01% for the 14-day period, the RSI (14) reading has been calculated as 49.51%. As of today, the MACD Oscillator reading stands at 0.11, while the 14-day reading stands at 0.07.
Analyst Ratings
Citigroup upgraded its rating on The Williams Companies Inc. (NYSE: WMB) to a Buy in a note to investors on May 16, 2023. The analysts firm previously had a Neutral rating on the stock.The Williams Companies Inc. (WMB) has been rated Overweight by analysts. According to 0 brokerage firms, WMB is a sell, and 12 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate The Williams Companies Inc. stock as buy, with 9 recommending it as overweight.
With a median target price of $38.50, the current consensus forecast for the stock is $31.00 – $42.00. Based on these forecasts, analysts predict The Williams Companies Inc. (WMB) will achieve an average price target of $37.82.
