For The Williams Companies Inc. [WMB], Analyst sees a drop to $30. What next?

The Williams Companies Inc. [NYSE: WMB] stock went on an upward path that rose over 0.89% on Monday, amounting to a one-week price increase of more than 3.39%. The company report on October 31, 2022 that Williams Reports Higher Third-Quarter Earnings Driven by Strong Business Fundamentals and Natural Gas Demand.


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Williams (NYSE: WMB) today announced its unaudited financial results for the three and nine months ended Sept. 30, 2022.

Upside exposure builds on stable earnings growth of base business.

Over the last 12 months, WMB stock rose by 18.49%. The one-year The Williams Companies Inc. stock forecast points to a potential upside of 9.4. The average equity rating for WMB stock is currently 2.10, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $40.36 billion, with 1.22 billion shares outstanding and 1.21 billion shares in the current float. Compared to the average trading volume of 7.07M shares, WMB stock reached a trading volume of 5812390 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on The Williams Companies Inc. [WMB]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WMB shares is $37.35 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WMB stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Goldman have made an estimate for The Williams Companies Inc. shares, keeping their opinion on the stock as Sell, with their previous recommendation back on September 08, 2022. While these analysts kept the previous recommendation, Truist raised their target price to Buy. The new note on the price target was released on May 02, 2022, representing the official price target for The Williams Companies Inc. stock. Previously, the target price had yet another drop from $28 to $27, while Citigroup kept a Neutral rating on WMB stock.

The Average True Range (ATR) for The Williams Companies Inc. is set at 0.82, with the Price to Sales ratio for WMB stock in the period of the last 12 months amounting to 3.76. The Price to Book ratio for the last quarter was 3.65, with the Price to Cash per share for the same quarter was set at 0.72. Price to Free Cash Flow for WMB in the course of the last twelve months was 10.94 with Quick ratio for the last quarter at 0.80.

WMB Stock Performance Analysis:

The Williams Companies Inc. [WMB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.39. With this latest performance, WMB shares gained by 13.60% in over the last four-week period, additionally sinking by -2.59% over the last 6 months – not to mention a rise of 18.49% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WMB stock in for the last two-week period is set at 66.84, with the RSI for the last a single of trading hit 74.59, and the three-weeks RSI is set at 61.33 for The Williams Companies Inc. [WMB]. The present Moving Average for the last 50 days of trading for this stock 31.58, while it was recorded at 33.40 for the last single week of trading, and 32.68 for the last 200 days.

Insight into The Williams Companies Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and The Williams Companies Inc. [WMB] shares currently have an operating margin of +24.15 and a Gross Margin at +29.37. The Williams Companies Inc.’s Net Margin is presently recorded at +14.35.

Return on Equity for this stock inclined to 13.08, with Return on Assets sitting at 3.16.

The Williams Companies Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 0.90.

WMB Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for WMB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The Williams Companies Inc. go to 9.08%.

The Williams Companies Inc. [WMB] Insider Position Details

There are presently around $35,627 million, or 87.60% of WMB stock, in the hands of institutional investors. The top three institutional holders of WMB stocks are: VANGUARD GROUP INC with ownership of 125,176,437, which is approximately 1.845% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 122,023,275 shares of the stock with an approximate value of $4.13 billion in WMB stocks shares; and STATE STREET CORP, currently with $2.99 billion in WMB stock with ownership of nearly 0.327% of the company’s market capitalization.

Positions in The Williams Companies Inc. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 582 institutional holders increased their position in The Williams Companies Inc. [NYSE:WMB] by around 70,308,410 shares. Additionally, 469 investors decreased positions by around 61,134,277 shares, while 167 investors held positions by with 921,363,309 shares. The mentioned changes placed institutional holdings at 1,052,805,996 shares, according to the latest SEC report filing. WMB stock had 103 new institutional investments in for a total of 8,588,774 shares, while 107 institutional investors sold positions of 8,024,234 shares during the same period.

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