Williams Companies (NYSE:WMB – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.850-2.100 for the period, compared to the consensus earnings per share estimate of 2.130. The company issued revenue guidance of -. Williams Companies also updated its FY 2024 guidance to 1.830-1.930 EPS.
Williams Companies Price Performance
Shares of Williams Companies stock traded up $0.87 during mid-day trading on Friday, reaching $56.31. 7,120,229 shares of the stock were exchanged, compared to its average volume of 6,255,060. The company has a current ratio of 0.45, a quick ratio of 0.39 and a debt-to-equity ratio of 1.64. The company has a market cap of $68.63 billion, a price-to-earnings ratio of 23.76, a price-to-earnings-growth ratio of 6.19 and a beta of 1.03. The firm has a 50-day simple moving average of $48.81 and a 200 day simple moving average of $44.34. Williams Companies has a fifty-two week low of $32.65 and a fifty-two week high of $56.80.
Williams Companies (NYSE:WMB – Get Free Report) last released its earnings results on Wednesday, November 6th. The pipeline company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.42 by $0.01. The business had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.52 billion. Williams Companies had a return on equity of 15.90% and a net margin of 27.36%. The company’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.45 earnings per share. On average, sell-side analysts predict that Williams Companies will post 1.91 EPS for the current fiscal year.
Williams Companies Dividend Announcement
Analyst Ratings Changes
A number of brokerages recently commented on WMB. Bank of America started coverage on Williams Companies in a research report on Thursday, October 17th. They issued a “buy” rating and a $55.00 target price for the company. Morgan Stanley upgraded shares of Williams Companies from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $52.00 to $58.00 in a research report on Friday, October 4th. Truist Financial lifted their price objective on shares of Williams Companies from $42.00 to $52.00 and gave the company a “hold” rating in a research note on Tuesday. Mizuho boosted their target price on Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. Finally, Royal Bank of Canada raised their target price on Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 16th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $50.38.
Read Our Latest Stock Report on WMB
Insider Transactions at Williams Companies
In related news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $45.29, for a total value of $90,580.00. Following the completion of the transaction, the senior vice president now directly owns 304,200 shares of the company’s stock, valued at $13,777,218. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.44% of the company’s stock.
About Williams Companies
The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region.
Read More
- Five stocks we like better than Williams Companies
- Upcoming IPO Stock Lockup Period, Explained
- Airbnb Stock Attracts Attention With Strong Cash Flow Strategy
- Utilities Stocks Explained – How and Why to Invest in Utilities
- MarketBeat Week in Review – 11/4 – 11/8
- How to Use Stock Screeners to Find Stocks
- Trump’s Return: Which Sectors Will Benefit Most?
Receive News & Ratings for Williams Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams Companies and related companies with MarketBeat.com's FREE daily email newsletter.