The Williams Cos Inc. (NYSE: WMB) has reported E.P.S. of $0.58 for its third fiscal quarter (ending September 30) versus $0.54 for the same period a year ago — an increase of 7%. For the latest four quarters through September 30, E.P.S. were $2.36 compared to $2.29 a year ago — an increase of 3%.
Recent Price Action
The Williams Cos Inc. (NYSE: WMB) stock closed at $55.33 on 11/6/24 after a large increase of 4.3%. Moreover, above average trading volume at 147% of normal accompanied the advance. The stock has risen 6.7% during the last week and has been exceptionally strong relative to 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 C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Williams has a poor Appreciation Score of 24 but a very high Power Rating of 98, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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