For its first fiscal quarter (ending March 31), The Williams Cos Inc. (NYSE: WMB) has reported a -32% decline in E.P.S. from $0.76 a year ago to $0.52 in the current quarter. This result was in line with the consensus estimate of $0.52. For the latest four quarters through March 31, E.P.S. were $2.45 versus $2.13 for the same period a year ago — an increase of 15%.
Recent Price Action
The Williams Cos Inc. (NYSE: WMB) stock closed at $39.06 on 5/6/24 after an increase of 1.0%. NORMAL trading volume accompanied the advance. The stock has declined -0.5% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, WMB is expected to continue to be a major Value Builder.
Williams has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Williams has a poor Appreciation Score of 17 but a neutral Power Rating of 59, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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