Williams Cos Inc (NYSE:WMB) price on current trading day, fall -0.90% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $56.64.
A look at the stock’s price movement, the level at last check in today’s session was $57.16, moving within a range at $56.4655 and $57.41. The beta value (5-Year monthly) was 1.062 while the PE ratio in trailing twelve months stood at 24.10. Turning to its 52-week performance, $60.36 and $32.65 were the 52-week high and 52-week low respectively. Overall, WMB moved 2.37% over the past month.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Williams Cos Inc’s market cap currently stands at around $69.05 billion, with investors looking forward to this quarter’s earnings report slated for in January. The company has a Forward Dividend ratio of 1.87, with its dividend yield at 3.31%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 2.73B for the company’s revenue for the quarter, with a low and high estimate of 2.17B and 2.95B respectively. The average forecast suggests down to a -1.84% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 10.47B, representing a -3.97% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that WMB is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
8 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 4 analyst(s) rate the stock as a Hold, 4 recommend WMB as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
The technical evaluation for the stock shows the PEG ratio is 4.69, with WMB’s current price about -1.37% and 5.89% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 53.56, while 7-day volatility ratio is 2.22% and 2.21% in the 30-day chart. Further, Williams Cos Inc (WMB) has a beta value of 1.08, and an average true range (ATR) of 1.18. Analysts have given the company’s stock an average 52-week price target of $47, forecast between a low of $42 and high of $62. Looking at the price targets, the low is 25.85% off recent price level in today’s trading while to achieve the yearly target high, it has to move -9.46%. Nonetheless, investors will most likely welcome a 17.02% jump to $47 which is the analysts’ median price.
If we refocus on Williams Cos Inc (NYSE:WMB), historical trading data shows that trading volumes averaged 7.29 over the past 10 days and 6.02 million over the past 3 months. The company’s latest data on shares outstanding shows there are 1.22 billion shares.
The 0.46% of Williams Cos Inc’s shares are in the hands of company insiders while institutional holders own 88.15% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 14.45 million on 2024-11-15, giving us a short ratio of 2.44. The data shows that as of 2024-11-15 short interest in Williams Cos Inc (WMB) stood at 133.00001 of shares outstanding, with shares short falling to 20.89 million registered in 2024-10-15. Current price change has pushed the stock 62.63% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the WMB stock continues to rise going into the next quarter.
