For its second fiscal quarter (ending June 30), The Williams Cos Inc. (NYSE: WMB) has reported a -27% decline in E.P.S. from $0.45 a year ago to $0.33 in the current quarter. This result fell short of the consensus estimate of $0.37 by $-0.04. For the latest four quarters through June 30, E.P.S. were $2.32 versus $2.25 for the same period a year ago — an increase of 3%.
Recent Price Action
The Williams Cos Inc. (NYSE: WMB) stock closed at $41.24 on 8/5/24 after a decline of -2.3%. Moreover, above average trading volume at 128% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months but has declined -3.0% during the last week.
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 C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Williams has a poor Appreciation Score of 15 but a good Power Rating of 82, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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