The price of Williams Cos Inc (NYSE:WMB) shares last traded on Wall Street rose 1.77% to $40.36.
WMB stock price is now 5.52% away from the 50-day moving average and 13.21% away from the 200-day moving average. The market capitalization of the company currently stands at $49.19B.
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With the price target maintained at $34, Wolfe Research recently Downgraded its rating from Peer Perform to Underperform for Williams Cos Inc (NYSE: WMB). , while ‘Citigroup’ rates the stock as ‘Buy’
In other news, PICKLE DEBBIE L., SVP & Chief HR Officer sold 38,200 shares of the company’s stock on May 09 ’24. The stock was sold for $1,513,102 at an average price of $39.61. Upon completion of the transaction, the SVP & Chief HR Officer now directly owns 60,410 shares in the company, valued at $2.44 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 06 ’24, Senior Vice President Larsen Larry C sold 5,000 shares of the business’s stock. A total of $183,250 was realized by selling the stock at an average price of $36.65. This leaves the insider owning 81,016 shares of the company worth $3.27 million. A total of 0.38% of the company’s stock is owned by insiders.
During the past 12 months, Williams Cos Inc has had a low of $28.27 and a high of $39.99. As of last week, the company has a debt-to-equity ratio of 2.16, a current ratio of 0.52, and a quick ratio of 0.48.
According to the Oil & Gas Midstream Company, earnings per share came in at 0.38, missing analysts’ expectations of 0.39 by -0.01. This compares to $0.76 EPS in the same period last year. The net profit margin was 28.37% and return on equity was 24.60% for WMB. The company reported revenue of $2.77 billion for the quarter, compared to $3.08 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -10.06 percent. For the current quarter, analysts expect WMB to generate $2.4B in revenue.
