Williams Cos Inc (NYSE: WMB)’s stock price has gone decline by -1.35 in comparison to its previous close of 38.60, however, the company has experienced a -2.93% decrease in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-10 that Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
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 14.66x, Company’s 36-month beta value is 1.08.Analysts have differing opinions on the stock, with 8 analysts rating it as a “buy,” 6 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for WMB is 1.21B, and currently, short sellers hold a 1.87% ratio of that floaft. The average trading volume of WMB on April 15, 2024 was 7.09M shares.
WMB’s Market Performance
WMB stock saw an increase of -2.93% in the past week, with a monthly gain of 3.09% and a quarterly increase of 9.49%. The volatility ratio for the week is 1.88%, and the volatility levels for the last 30 days are 1.50% for Williams Cos Inc (WMB). The simple moving average for the last 20 days is -0.93% for WMB’s stock, with a simple moving average of 8.67% for the last 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 4.49% 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 -4.23% of loss for the given period.
Volatility was left at 1.50%, however, over the last 30 days, the volatility rate increased by 1.88%, as shares surge +3.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.87% upper at present.
During the last 5 trading sessions, WMB fell by -2.93%, which changed the moving average for the period of 200-days by +21.39% in comparison to the 20-day moving average, which settled at $38.50. In addition, Williams Cos Inc saw 9.33% 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 6.48. 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 a nutshell, Williams Cos Inc (WMB) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
