The Williams Companies, Inc. (NYSE:WMB) stock is presently standing at about $28.50 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 14 analysts covering the company is $32.50, which suggests the stock could still rise over 12 percent. The highest analyst price target is $39.00, which implies a rally of 63 percent. And a quick view of analyst notes show that 7 are rating the stock a buy while 4 rate WMB a strong buy. There are 5 equity research firms advocating a Hold and 0 consider it Sell.
Jefferies analysts provided their view on The Williams Companies, Inc. (NYSE:WMB) recently. The rating firm issued a Hold rating to this company in a research note released on Jan 10, 2017. Morgan Stanley analysts disclosed their opinion on The Williams Companies, Inc. (NYSE:WMB) recently. The rating firm gave a Overweight rating to this stock in a research note published on Dec 19, 2016. According to a research note disclosed on Aug 03, 2016, analysts at Raymond James have upped their rating on these shares from Mkt Perform to Outperform.
The Williams Companies, Inc. (NYSE:WMB) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its Sr. Vice President Miller Rory Lee sold 40,000 company shares for $1176000, in a transaction on 2016-11-08. Following the transaction, the Sr. Vice President is left with a stake of 1176 shares, currently valued at $33516. Meanwhile, Vice President and Controller Timmermans Ted T sold 500 shares worth $14000.16, through a transaction dated 2016-11-03. Following the completion of the transaction, the insider is left with a stake of 11,803 shares, amounting $336385.5. WMB Director CHAZEN STEPHEN I also purchased 5,000 shares, at a stock price of $28.23. This transaction occurred on 2016-11-02 totals $141000.15. After this transaction, the insider’s stake stands at 5,000 shares, with a market value of $142500.
Executives hold 0.45 percent of the stock. Steven J. Malcolm is one of the biggest insider owners in The Williams Companies, Inc. (NYSE:WMB), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 711,844 shares which have current market value of around $20287554.Joseph H. Williams is another major inside shareholder in the company. The insider owns 496,852 shares as of less than 0.1%, currently worth $14160282. Phillip D. Wright is ranked as third insider holder of the stock. This insider holds 322,148 shares with a market value around $9181218 as of recent close.
The Williams Companies, Inc. (NYSE:WMB) Earnings Outlook
In The Williams Companies, Inc. (NYSE:WMB)’s latest quarter, EPS moved to $0.20 from $0.19 in preceding quarter and revenues reached at $1,905.00M compared to $1,736.00M. Analysts had expected The Williams Companies, Inc. (NYSE:WMB) to post net income of about $0.19 per share on $1,729.21M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.18 to $0.27. That is compared with the $0.01 in EPS it reported during the same period a year ago.