The stock of Williams Cos Inc (NYSE:WMB) last traded at $37.87, up 0.32% from the previous session.
WMB stock price is now 7.84% away from the 50-day moving average and 10.11% away from the 200-day moving average. The market capitalization of the company currently stands at $46.08B.
On May 16, 2023, Citigroup Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $36, while ‘Raymond James’ rates the stock as ‘Outperform’
In other news, Larsen Larry C, Senior Vice President sold 5,000 shares of the company’s stock on Mar 06 ’24. The stock was sold for $183,250 at an average price of $36.65. Upon completion of the transaction, the Senior Vice President now directly owns 81,016 shares in the company, valued at $3.07 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 07 ’23, SVP Transmission & Gulf of Mex Hallam Scott A. sold 7,193 shares of the business’s stock. A total of $237,369 was realized by selling the stock at an average price of $33.00. This leaves the insider owning 226,973 shares of the company worth $8.6 million. A total of 0.43% of the company’s stock is owned by insiders.
During the past 12 months, Williams Cos Inc has had a low of $27.80 and a high of $37.83. As of last week, the company has a debt-to-equity ratio of 2.15, a current ratio of 0.77, and a quick ratio of 0.73. According to the stock market information, the enterprise value for the company is $70.49B, which is based on a 14.58 price-to-earnings ratio, a 7.29 price-to-earnings-growth ratio, and a beta of 1.06. The fifty day moving average price for WMB is $35.16 and a two-hundred day moving average price translates $34.43 for the stock.
The latest earnings results from Williams Cos Inc (NYSE: WMB) was released for Dec, 2023. According to the Oil & Gas Midstream Company, earnings per share came in at $0.48, beating analysts’ expectations of $0.46 by 0.02. This compares to $0.54 EPS in the same period last year. The net profit margin was 31.92% and return on equity was 27.43% for WMB. The company reported revenue of $2.78 billion for the quarter, compared to $2.93 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -4.98 percent. For the current quarter, analysts expect WMB to generate $2.82B in revenue.
