Williams Cos Inc (WMB)’s Stock Performance and Outlook

In the latest trading session, 2.23 million Williams Cos Inc (NYSE:WMB) shares changed hands as the company’s beta touched 1.07. With the company’s most recent per share price at $39.68 changing hands around $0.62 or 1.59% at last look, the market valuation stands at $48.35B. WMB’s current price is a discount, trading about -0.2% off its 52-week high of $39.76. The share price had its 52-week low at $28.27, which suggests the last value was 28.76% up since then. When we look at Williams Cos Inc’s average trading volume, we note the 3-month average coming to 7.17 million.

Williams Cos Inc (NYSE:WMB) trade information

Instantly WMB is in green as seen in intraday trades today. With action 3.44%, the performance over the past five days has been green. The jump to weekly highs of 39.99 added 1.59% to the stock’s daily price. The company’s shares are showing year-to-date upside of 13.92%, with the 5-day performance at 3.44% in the green. However, in the 30-day time frame, Williams Cos Inc (NYSE:WMB) is 1.87% up.

Williams Cos Inc (WMB) estimates and forecasts

Data shows that the Williams Cos Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 9.98% over the past 6 months, a -4.71% in annual growth rate that is considerably lower than the industry average of 0.60%. Year-over-year growth is forecast to reach 3.40% up from the last financial year.

Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of 2.52B. 6 analysts are of the opinion that Williams Cos Inc’s revenue for the current quarter will be 2.57B. The company’s revenue for the corresponding quarters a year ago was 2.48B and 2.56B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 1.50%. The estimates for the next quarter sales put growth at 0.50%.

The 2024 estimates are for Williams Cos Inc earnings to decrease by -6.06%, but the outlook for the next 5-year period is at 2.00% per year.

WMB Dividends

Williams Cos Inc is expected to release its next quarterly earnings report in June. The 4.58% annual yield figure for the share gives it an annual dividend of 1.82. It is important to note, however, that the 4.58% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.