Williams Cos Inc (NYSE:WMB) saw an upside of 1.01% to close Monday at $33.96 after adding $0.34 on the day. The 5-day average trading volume is 5,141,980 shares of the company’s common stock. It has gained $34.69 in the past week and touched a new high 1 time within the past 5 days. An average of 5,732,390 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 5,641,948.
WMB’s 1-month performance is -1.62% or -$0.71 on its low of $33.36 reached on 09/21/23. The company’s shares have touched a 52-week low of $27.80 and high of $35.46, with the stock’s rally to the 52-week high happening on 08/09/23. YTD, WMB has achieved 3.22% or $1.06 and has reached a new high 13 times. However, the current price is down -4.23% from the 52-week high price.
Insider Transactions
WMB stock investors last saw insider trading activity on Jul 07.Hallam Scott A. (SVP Transmission & Gulf of Mex) most recently sold 7,193 shares at $33.00 per share on Jul 07. This transaction cost the insider $237,369. SVP Transmission & Gulf of Mex, Hallam Scott A., sold 7,194 shares at a price of $32.00 on Jun 28. Then, on Jun 21, SVP Transmission & Gulf of Mex Hallam Scott A. sold 7,194 shares at a price of $31.00 per share. This transaction amounted to $223,014.
Valuation Metrics
WMB stock has a beta of 1.19. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.83 while the price-to-book (PB) in the most recent quarter is 3.55, with the price to cash flow ratio at 14.98.
Williams Cos Inc’s quick ratio for the period ended June 29 was 0.44, with the current ratio over the same period at 0.49. As well, the company’s long term debt to equity for the quarter ending June 29 was 1.84, while the total debt to equity was 2.09. In terms of profitability, the gross margin trailing 12 months is 36.50%. The trailing 12-month EBITDA margin is 47.45% while for the period ending June 29, Williams Cos Inc’s operating margin was 30.49%. The firm’s gross profit as reported stood at $3.02 billion against revenue of $10.96 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 13.04% to $460.0 million, while revenue of $926.0 million was -101.3% off the previous quarter. Analysts expected WMB to announce $0.39 per share in earnings in its latest quarter, but it posted $0.38, representing a -2.60% surprise. EBITDA for the quarter stood at more than $1.41 billion. WMB stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 34.82 billion, with total debt at $24.41 billion. Shareholders hold equity totaling $1.22 billion.
Let’s look briefly at Williams Cos Inc (WMB) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 25 September was 45.71% to suggest the stock is trending Neutral, with historical volatility in this time period at 17.29%.
The stock’s 5-day moving average is $33.92, reflecting a -1.37% or -$0.47 change from its current price. WMB is currently trading -2.05% above its 20-day SMA, +15.90% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +1.74% and SMA200 by+1.46%.
Stochastic %K and %D was 21.05% and 26.44% and the average true range (ATR) pointed at 0.54. The RSI (14) points at 46.76%, while the 14-day stochastic is at 40.65% with the period’s ATR at 0.54. The stock’s 9-day MACD Oscillator is pointing at -0.47 and -0.40 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Williams Cos Inc (NYSE: WMB), Citigroup upgraded it to a Buy rating. They previously had a Neutral rating on the stock. Analysts offering their rating for WMB stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate WMB as a “sell,”, while 12 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 9 have offered a “buy” rating.
What is WMB’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $31.00 and a high of $42.00, with their median price target at $38.50. Looking at these predictions, the average price target given by analysts is for Williams Cos Inc (WMB) stock is $37.82.
