Stock Rating Downgrade
In recent days the Value Trend Rating for The Williams Cos Inc. (NYSE: WMB) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 3/18/24, The Williams Cos Inc. (NYSE: WMB) stock rose modestly by 0.6%, closing at $37.22. However, trading volume in this advance was unusually low at 60% of normal. Relative to the market the stock has been strong over the last nine months and has risen 3.2% during the last week.
Current PriceTarget Research Rating
With future capital returns 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). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Williams has a poor Appreciation Score of 17 but a slightly positive Power Rating of 69, resulting in the Negative Value Trend Rating.
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