Equities analysts forecast that Williams Companies Inc (NYSE:WMB) will report sales of $2.37 billion for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for Williams Companies’ earnings. The lowest sales estimate is $2.25 billion and the highest is $2.54 billion. Williams Companies reported sales of $2.23 billion in the same quarter last year, which would suggest a positive year-over-year growth rate of 6.3%. The company is scheduled to announce its next earnings report on Wednesday, February 13th.

On average, analysts expect that Williams Companies will report full-year sales of $8.70 billion for the current year, with estimates ranging from $8.38 billion to $9.03 billion. For the next year, analysts forecast that the company will report sales of $9.42 billion, with estimates ranging from $8.72 billion to $10.07 billion. Zacks’ sales averages are an average based on a survey of analysts that follow Williams Companies.

Williams Companies (NYSE:WMB) last announced its earnings results on Wednesday, October 31st. The pipeline company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.04. The business had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.16 billion. Williams Companies had a return on equity of 4.44% and a net margin of 24.15%. During the same period in the prior year, the company earned $0.04 EPS.

Several equities analysts have recently commented on the company. Bank of America reduced their price objective on Williams Companies from $38.00 to $33.00 and set a “buy” rating on the stock in a research report on Friday, November 2nd. US Capital Advisors upgraded Williams Companies from a “hold” rating to an “overweight” rating in a research report on Wednesday, October 17th. ValuEngine upgraded Williams Companies from a “sell” rating to a “hold” rating in a research report on Thursday, July 19th. Zacks Investment Research upgraded Williams Companies from a “sell” rating to a “hold” rating in a research report on Tuesday, July 31st. Finally, Morgan Stanley set a $35.00 price objective on Williams Companies and gave the company an “overweight” rating in a research report on Thursday, August 16th. One research analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have given a buy rating to the stock. Williams Companies currently has an average rating of “Buy” and a consensus price target of $33.07.

In related news, Director Michael A. Creel bought 25,000 shares of the company’s stock in a transaction that occurred on Friday, November 2nd. The stock was bought at an average cost of $25.77 per share, for a total transaction of $644,250.00. Following the acquisition, the director now directly owns 20,907 shares of the company’s stock, valued at approximately $538,773.39. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider John D. Chandler bought 10,000 shares of the company’s stock in a transaction that occurred on Friday, November 2nd. The shares were bought at an average price of $25.94 per share, with a total value of $259,400.00. Following the completion of the acquisition, the insider now directly owns 26,582 shares in the company, valued at $689,537.08. The disclosure for this purchase can be found here. Insiders have purchased a total of 38,500 shares of company stock valued at $993,625 over the last 90 days. 0.53% of the stock is currently owned by company insiders.

A number of hedge funds have recently modified their holdings of the stock. BP Capital Fund Advisors LLC purchased a new stake in Williams Companies during the 3rd quarter valued at about $10,560,000. Crawford Investment Counsel Inc. purchased a new stake in Williams Companies in the 3rd quarter worth approximately $10,685,000. Prescott Group Capital Management L.L.C. purchased a new stake in Williams Companies in the 3rd quarter worth approximately $1,259,000. DekaBank Deutsche Girozentrale lifted its holdings in Williams Companies by 62.2% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 94,999 shares of the pipeline company’s stock worth $2,949,000 after buying an additional 36,417 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Williams Companies by 22.1% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 254,560 shares of the pipeline company’s stock worth $6,921,000 after buying an additional 45,999 shares during the period. Institutional investors own 88.44% of the company’s stock.

Shares of Williams Companies stock traded down $0.22 during trading on Friday, hitting $25.33. 6,699,943 shares of the stock traded hands, compared to its average volume of 10,019,952. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 1.27. The firm has a market capitalization of $21.92 billion, a PE ratio of 40.21, a price-to-earnings-growth ratio of 5.29 and a beta of 1.57. Williams Companies has a 52 week low of $23.54 and a 52 week high of $33.67.

The business also recently announced a quarterly dividend, which will be paid on Monday, December 31st. Investors of record on Friday, December 14th will be issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 5.37%. The ex-dividend date is Thursday, December 13th. Williams Companies’s dividend payout ratio is presently 215.87%.

Williams Companies Company Profile

The Williams Companies, Inc operates as an energy infrastructure company primarily in the United States. It owns and operates natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Delaware, Pennsylvania, and New Jersey to the New York City metropolitan area.

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Earnings History and Estimates for Williams Companies (NYSE:WMB)

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