The Williams Companies, Inc. (NYSE:WMB) registered a -1.62% decrease, still its new closing price is 201.91% up from the company’s 1 year high of 32.69.It posted 1.03% gains in previous 5 sessions and is now the subject of 6 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 4 buy or better ratings. The 17 stock analysts following this company have an average price target at $31.79, with individual PT in the $28.00-$35.00 range. The shares moved at $28.50, implying that brokerage firms see shares gaining about 59.95% in twelve months time.
The Williams Companies, Inc. (WMB) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -8.48% fall year to date. A Sr. Vice President at The Williams Companies, Inc. (WMB) offloaded shares in a transaction closed on Tuesday November 08, 2016. Miller Rory Lee sold 40,000 shares in the company at $29.4 each and collected $1,176,000 in proceeds. Miller Rory Lee now owns 79,780 shares in the company after this transaction. A Vice President and Controller in the company, Timmermans Ted T, disclosed a transaction on Thursday November 03, 2016 that ended up generating $14,000 from the sale of 500 shares at $28.32 per share.
The Williams Companies, Inc. (NYSE:WMB) Upcoming Results on Tap
The Williams Companies, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.20 in that period. Sales during the quarter are predicted to arrive at $1.81 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.91 billion in revenue and EPS of $0.20. The mean forecast was for $1.73 billion and $0.19 a share, respectively. One quarter earlier, revenue for the stock was at $1.74 billion, with earnings at $0.19/share.
The Williams Companies, Inc. (WMB) Brokerage Update
The Williams Companies, Inc. (WMB) is in Jefferies’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Hold by Jefferies, according to news reported on Monday January 23, 2017.Another important research note was issued by Jefferies on Tuesday January 10, 2017.The firm downgraded WMB to Hold from Buy. Over the last six months and over the last three months, the shares of The Williams Companies, Inc. (WMB), have changed 25.13% and -2.97%, respectively.