During the last session, The Williams Companies Inc. (NYSE:WMB)’s traded shares were 7.09 million, with the beta value of the company hitting 1.47. At the end of the trading day, the stock’s price was $28.93, reflecting an intraday loss of 0.00% or $0.0. The 52-week high for the WMB share is $29.02, that puts it down -0.31 from that peak though still a striking 36.88% gain since the share price plummeted to a 52-week low of $18.26. The company’s market capitalization is $34.30B, and the average intraday trading volume over the past 10 days was 11.88 million shares, and the average trade volume was 7.83 million shares over the past three months.
The Williams Companies Inc. (WMB) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 1.90. WMB has a Sell rating from 0 analyst(s) out of 25 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 2 suggest Overweight, and 18 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.28.
The Williams Companies Inc. (NYSE:WMB) trade information
The Williams Companies Inc. (WMB) registered a 0.00% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet 0.00% in intraday trading to $28.93 this Wednesday, 10/13/21, hitting a weekly high. The stock’s 5-day price performance is 6.91%, and it has moved by 16.89% in 30 days. Based on these gigs, the overall price performance for the year is 48.97%. The short interest in The Williams Companies Inc. (NYSE:WMB) is 23.79 million shares and it means that shorts have 2.99 day(s) to cover.
The consensus price target of analysts on Wall Street is $29.26, which implies an increase of 1.13% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $27.00 and $32.00 respectively. As a result, WMB is trading at a discount of -10.61% off the target high and 6.67% off the low.
The Williams Companies Inc. (WMB) estimates and forecasts
Statistics show that The Williams Companies Inc. has underperformed its competitors in share price, compared to the industry in which it operates. The Williams Companies Inc. (WMB) shares have gone up 21.35% during the last six months, with a year-to-date growth rate less than the industry average at 8.18% against 16.10. Yet analysts are ramping up their growth forecast for the fiscal year 2021. Revenue is predicted to grow 12.00% this quarter and then jump 233.30% in the quarter after that. In the rating firms’ projections, revenue will increase 21.90% compared to the previous financial year.
Revenue for the current quarter is expected to be $2.06 billion as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to $2.12 billion by the end of Dec 2021. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $1.75 billion and $2.09 billion respectively. In this case, analysts expect current quarter sales to grow by 17.90% and then jump by 1.30% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 17.30%. While earnings are projected to return -75.90% in 2021, the next five years will return 5.00% per annum.
The Williams Companies Inc. is due to release its next quarterly earnings between November 01 and November 05. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for The Williams Companies Inc. is 1.64, with the dividend yield indicating at 5.67 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 5.87%.
The Williams Companies Inc. (NYSE:WMB)’s Major holders
The Williams Companies Inc. insiders own 0.21% of total outstanding shares while institutional holders control 85.72%, with the float percentage being 85.90%. Vanguard Group, Inc. (The) is the largest shareholder of the company, while 1,251 institutions own stock in it. As of Jun 29, 2021, the company held over 108.68 million shares (or 8.94% of all shares), a total value of $2.89 billion in shares.
The next largest institutional holding, with 100.6 million shares, is of Blackrock Inc.’s that is approximately 8.28% of outstanding shares. At the market price on Jun 29, 2021, these shares were valued at $2.67 billion.
Also, the Mutual Funds coming in first place with the largest holdings of The Williams Companies Inc. (WMB) shares are Dodge & Cox Stock Fund and Select Sector SPDR Fund-Energy Select. Data provided on Jun 29, 2021 indicates that Dodge & Cox Stock Fund owns about 49.54 million shares. This amounts to just over 4.08 percent of the company’s overall shares, with a $1.32 billion market value. The same data shows that the other fund manager holds slightly less at 32.44 million, or about 2.67% of the stock, which is worth about $801.01 million.