Somewhat Favorable News Coverage Somewhat Unlikely to Impact Williams Companies, Inc. (The) (WMB) Stock Price
News coverage about Williams Companies, Inc. (The) (NYSE:WMB) has trended somewhat positive recently, Accern reports. Accern scores the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Williams Companies, Inc. (The) earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news stories about the pipeline company an impact score of 46.1627538900903 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news stories that may have impacted Accern Sentiment’s scoring:
- Williams Companies, Inc. (The) (WMB) Downgraded by BidaskClub (americanbankingnews.com)
- ETFs with exposure to The Williams Cos., Inc. : August 18, 2017 (finance.yahoo.com)
- Constitution Pipeline developers lose federal appeal – Albany Business Review (bizjournals.com)
- It’s worth it to have a look at The Williams Companies, Inc. (WMB) – StockNewsGazette (stocknewsgazette.com)
- 3 Things Williams Companies Inc. Want You to Know About the Progress of Its Transformation (fool.com)
Shares of Williams Companies, Inc. (WMB) traded down 0.03% during mid-day trading on Friday, reaching $29.07. The company’s stock had a trading volume of 4,842,778 shares. The stock has a market cap of $24.03 billion, a P/E ratio of 45.85 and a beta of 1.38. Williams Companies, Inc. has a one year low of $26.89 and a one year high of $32.69. The stock has a 50 day moving average of $30.84 and a 200-day moving average of $29.72.
Williams Companies, Inc. (The) (NYSE:WMB) last posted its quarterly earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by $0.06. The business had revenue of $1.92 billion during the quarter, compared to analyst estimates of $2.26 billion. Williams Companies, Inc. (The) had a return on equity of 3.43% and a net margin of 6.24%. During the same quarter last year, the firm earned $0.19 EPS. On average, equities research analysts expect that Williams Companies, Inc. will post $1.01 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Friday, September 8th will be paid a $0.30 dividend. The ex-dividend date is Thursday, September 7th. This represents a $1.20 annualized dividend and a dividend yield of 4.13%. Williams Companies, Inc. (The)’s dividend payout ratio (DPR) is 196.72%.
Several equities research analysts have recently weighed in on the company. BidaskClub upgraded Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. Wells Fargo & Company raised Williams Companies, Inc. (The) from a “market perform” rating to an “outperform” rating in a research note on Monday, May 15th. Royal Bank Of Canada increased their price objective on Williams Companies, Inc. (The) from $34.00 to $36.00 and gave the stock an “outperform” rating in a research note on Friday, August 4th. Scotiabank reissued a “hold” rating and issued a $30.00 price objective on shares of Williams Companies, Inc. (The) in a research note on Thursday, April 27th. Finally, Zacks Investment Research cut Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. Williams Companies, Inc. (The) presently has an average rating of “Buy” and an average target price of $34.00.
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In related news, VP Ted T. Timmermans sold 2,000 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $30.66, for a total transaction of $61,320.00. Following the completion of the transaction, the vice president now owns 11,094 shares in the company, valued at $340,142.04. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Robyn L. Ewing sold 10,000 shares of the business’s stock in a transaction on Tuesday, May 23rd. The stock was sold at an average price of $30.57, for a total transaction of $305,700.00. Following the transaction, the insider now owns 42,903 shares of the company’s stock, valued at approximately $1,311,544.71. The disclosure for this sale can be found here. In the last 90 days, insiders acquired 37,750 shares of company stock valued at $1,076,480. Insiders own 0.53% of the company’s stock.
About Williams Companies, Inc. (The)
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.
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