Williams Companies (WMB) Getting Somewhat Favorable News Coverage, Analysis Shows
News headlines about Williams Companies (NYSE:WMB) have been trending somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Williams Companies earned a coverage optimism score of 0.24 on Accern’s scale. Accern also assigned news headlines about the pipeline company an impact score of 47.1537655694042 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the media headlines that may have effected Accern’s rankings:
- Latest Stocks: Ecofin Ltd. Acquires 77106 Shares of Williams Companies Inc (WMB) (nismagazine.com)
- Williams Companies Inc (WMB) to Post FY2017 Earnings of $0.66 Per Share, Jefferies Group Forecasts (americanbankingnews.com)
- Q1 2018 Earnings Forecast for Williams Companies Inc Issued By Jefferies Group (WMB) (americanbankingnews.com)
- Williams Companies Inc (WMB) Expected to Announce Earnings of $0.21 Per Share (americanbankingnews.com)
- Critical Analysis: Williams Companies (WMB) & Phillips 66 Partners (PSXP) (americanbankingnews.com)
A number of analysts have commented on WMB shares. Royal Bank of Canada reissued a “buy” rating and issued a $36.00 target price on shares of Williams Companies in a report on Monday, October 16th. Morgan Stanley reduced their target price on Williams Companies from $34.00 to $33.00 and set an “overweight” rating for the company in a report on Friday, November 17th. Finally, Wolfe Research initiated coverage on Williams Companies in a report on Monday, September 25th. They issued an “outperform” rating and a $34.00 target price for the company. Four investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $33.83.
Shares of Williams Companies (NYSE WMB) traded down $0.01 on Monday, hitting $30.31. The company had a trading volume of 4,144,200 shares, compared to its average volume of 6,406,294. The company has a quick ratio of 0.91, a current ratio of 0.97 and a debt-to-equity ratio of 1.38. Williams Companies has a one year low of $26.82 and a one year high of $32.69. The company has a market capitalization of $25,060.00, a price-to-earnings ratio of 53.18, a P/E/G ratio of 3.64 and a beta of 1.37.
Williams Companies (NYSE:WMB) last released its earnings results on Wednesday, November 1st. The pipeline company reported $0.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.04). The company had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.79 billion. Williams Companies had a net margin of 5.90% and a return on equity of 3.23%. Williams Companies’s revenue for the quarter was down .7% on a year-over-year basis. During the same quarter last year, the firm posted $0.20 earnings per share. research analysts anticipate that Williams Companies will post 0.64 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 26th. Investors of record on Friday, December 8th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $1.20 annualized dividend and a yield of 3.96%. Williams Companies’s dividend payout ratio (DPR) is presently 210.53%.
In related news, CEO Alan S. Armstrong acquired 6,000 shares of Williams Companies stock in a transaction on Wednesday, November 15th. The shares were bought at an average cost of $27.23 per share, with a total value of $163,380.00. Following the completion of the purchase, the chief executive officer now directly owns 345,527 shares of the company’s stock, valued at approximately $9,408,700.21. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Donald R. Chappel sold 272,088 shares of the company’s stock in a transaction that occurred on Tuesday, September 26th. The shares were sold at an average price of $30.32, for a total value of $8,249,708.16. Following the transaction, the insider now directly owns 60,032 shares in the company, valued at approximately $1,820,170.24. The disclosure for this sale can be found here. Insiders have sold 283,501 shares of company stock worth $8,590,124 over the last quarter. 0.53% of the stock is owned by company insiders.
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Williams Companies Company Profile
The Williams Companies, Inc is an energy infrastructure company. The Company is focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGL), and olefins. As of December 31, 2016, its interstate gas pipelines, midstream and olefins production interests were held through its investment in Williams Partners L.P.
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