The stock of Williams Cos Inc (NYSE: WMB) has increased by 0.31 when compared to last closing price of 39.11. Despite this, the company has experienced a 0.67% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-03 that The Williams Companies (WMB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Is It Worth Investing in Williams Cos Inc (NYSE: WMB) Right Now?
The price-to-earnings ratio for Williams Cos Inc (NYSE: WMB) is above average at 15.10x. The 36-month beta value for WMB is also noteworthy at 1.07. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 6 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
The public float for WMB is 1.21B, and at present, short sellers hold a 1.84% of that float. The average trading volume of WMB on April 08, 2024 was 7.12M shares.
WMB’s Market Performance
WMB’s stock has seen a 0.67% increase for the week, with a 7.39% rise in the past month and a 9.52% gain in the past quarter. The volatility ratio for the week is 1.38%, and the volatility levels for the past 30 days are at 1.37% for Williams Cos Inc The simple moving average for the past 20 days is 3.77% for WMB’s stock, with a 12.61% simple moving average for the past 200 days.
Analysts’ Opinion of WMB
Many brokerage firms have already submitted their reports for WMB stocks, with Goldman repeating the rating for WMB by listing it as a “Neutral.” The predicted price for WMB in the upcoming period, according to Goldman is $35 based on the research report published on October 06, 2023 of the previous year 2023.
Citigroup, on the other hand, stated in their research note that they expect to see WMB reach a price target of $36. The rating they have provided for WMB stocks is “Buy” according to the report published on May 16th, 2023.
Raymond James gave a rating of “Outperform” to WMB, setting the target price at $36 in the report published on April 21st of the previous year.
WMB Trading at 8.94% from the 50-Day Moving Average
After a stumble in the market that brought WMB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.33% of loss for the given period.
Volatility was left at 1.37%, however, over the last 30 days, the volatility rate increased by 1.38%, as shares surge +9.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.28% upper at present.
During the last 5 trading sessions, WMB rose by +0.67%, which changed the moving average for the period of 200-days by +28.04% in comparison to the 20-day moving average, which settled at $37.97. In addition, Williams Cos Inc saw 12.63% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WMB starting from Larsen Larry C, who sale 5,000 shares at the price of $36.65 back on Mar 06 ’24. After this action, Larsen Larry C now owns 81,016 shares of Williams Cos Inc, valued at $183,250 using the latest closing price.
Hallam Scott A., the SVP Transmission & Gulf of Mex of Williams Cos Inc, sale 7,193 shares at $33.00 during a trade that took place back on Jul 07 ’23, which means that Hallam Scott A. is holding 226,973 shares at $237,369 based on the most recent closing price.
Stock Fundamentals for WMB
Current profitability levels for the company are sitting at:
- 0.4 for the present operating margin
- 0.68 for the gross margin
The net margin for Williams Cos Inc stands at 0.29. The total capital return value is set at 0.09. Equity return is now at value 27.43, with 6.25 for asset returns.
Based on Williams Cos Inc (WMB), the company’s capital structure generated 0.68 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 2.13. The interest coverage ratio of the stock is 3.49.
Currently, EBITDA for the company is 6.22 billion with net debt to EBITDA at 3.79. When we switch over and look at the enterprise to sales, we see a ratio of 6.61. The receivables turnover for the company is 6.59for trailing twelve months and the total asset turnover is 0.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.77.
Conclusion
In summary, Williams Cos Inc (WMB) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
