Williams Companies, Inc. (The) (WMB) Set to Announce Earnings on Monday

Williams Companies, Inc. (The) (NYSE:WMB) will post its quarterly earnings results after the market closes on Monday, July 31st. Analysts expect Williams Companies, Inc. (The) to post earnings of $0.19 per share for the quarter.

Williams Companies, Inc. (The) (NYSE:WMB) last announced its quarterly earnings results on Wednesday, May 3rd. The pipeline company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.20 by $0.06. Williams Companies, Inc. (The) had a net margin of 0.18% and a return on equity of 3.74%. The firm had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.98 billion. During the same quarter in the previous year, the business posted $0.03 EPS. On average, analysts expect Williams Companies, Inc. (The) to post $0.66 EPS for the current fiscal year and $0.82 EPS for the next fiscal year.

Shares of Williams Companies, Inc. (NYSE:WMB) opened at 31.99 on Friday. The firm has a market cap of $26.43 billion, a price-to-earnings ratio of 2132.67 and a beta of 1.38. Williams Companies, Inc. has a 52 week low of $22.39 and a 52 week high of $32.69. The firm has a 50 day moving average of $30.19 and a 200 day moving average of $29.51.

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A number of equities analysts have commented on WMB shares. Zacks Investment Research upgraded shares of Williams Companies, Inc. (The) from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 4th. Wells Fargo & Company upgraded shares of Williams Companies, Inc. (The) from a “market perform” rating to an “outperform” rating in a research report on Monday, May 8th. Scotiabank set a $30.00 target price on shares of Williams Companies, Inc. (The) and gave the stock a “hold” rating in a research report on Saturday, July 22nd. BidaskClub upgraded shares of Williams Companies, Inc. (The) from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. Finally, BMO Capital Markets set a $32.00 target price on shares of Williams Companies, Inc. (The) and gave the stock a “buy” rating in a research report on Thursday, June 15th. Four equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $33.07.

In other news, Director Charles I. Cogut bought 1,000 shares of the stock in a transaction on Wednesday, May 10th. The stock was purchased at an average price of $30.63 per share, with a total value of $30,630.00. Following the completion of the purchase, the director now owns 1,000 shares of the company’s stock, valued at $30,630. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Stephen W. Bergstrom bought 17,750 shares of the stock in a transaction on Tuesday, June 20th. The stock was purchased at an average cost of $28.12 per share, with a total value of $499,130.00. Following the purchase, the director now directly owns 17,750 shares of the company’s stock, valued at approximately $499,130. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 38,750 shares of company stock valued at $1,107,110 and sold 92,561 shares valued at $2,876,240. 0.53% of the stock is currently owned by corporate insiders.

Williams Companies, Inc. (The) Company Profile

The Williams Companies, Inc is an energy infrastructure company. The Company is focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGL), and olefins. As of December 31, 2016, its interstate gas pipelines, midstream and olefins production interests were held through its investment in Williams Partners L.P.

Earnings History for Williams Companies, Inc. (The) (NYSE:WMB)

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