We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Williams Companies, Inc. The (WMB) Gains But Lags Market: What You Should Know
Read MoreHide Full Article
Williams Companies, Inc. The (WMB - Free Report) closed the most recent trading day at $32.35, moving +0.62% from the previous trading session. This move lagged the S&P 500's daily gain of 0.75%. Meanwhile, the Dow gained 0.4%, and the Nasdaq, a tech-heavy index, added 10.36%.
Prior to today's trading, shares of the pipeline operator had lost 3.94% over the past month. This has was narrower than the Oils-Energy sector's loss of 6.78% and the S&P 500's loss of 5.98% in that time.
Wall Street will be looking for positivity from Williams Companies, Inc. The as it approaches its next earnings report date. On that day, Williams Companies, Inc. The is projected to report earnings of $0.47 per share, which would represent year-over-year growth of 20.51%. Meanwhile, our latest consensus estimate is calling for revenue of $2.99 billion, down 8.15% from the prior-year quarter.
Investors might also notice recent changes to analyst estimates for Williams Companies, Inc. The. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.28% lower. Williams Companies, Inc. The is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, Williams Companies, Inc. The currently has a Forward P/E ratio of 17.89. This valuation marks a premium compared to its industry's average Forward P/E of 15.14.
Meanwhile, WMB's PEG ratio is currently 5.11. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. WMB's industry had an average PEG ratio of 4.18 as of yesterday's close.
The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 18, putting it in the top 8% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Williams Companies, Inc. The (WMB) Gains But Lags Market: What You Should Know
Williams Companies, Inc. The (WMB - Free Report) closed the most recent trading day at $32.35, moving +0.62% from the previous trading session. This move lagged the S&P 500's daily gain of 0.75%. Meanwhile, the Dow gained 0.4%, and the Nasdaq, a tech-heavy index, added 10.36%.
Prior to today's trading, shares of the pipeline operator had lost 3.94% over the past month. This has was narrower than the Oils-Energy sector's loss of 6.78% and the S&P 500's loss of 5.98% in that time.
Wall Street will be looking for positivity from Williams Companies, Inc. The as it approaches its next earnings report date. On that day, Williams Companies, Inc. The is projected to report earnings of $0.47 per share, which would represent year-over-year growth of 20.51%. Meanwhile, our latest consensus estimate is calling for revenue of $2.99 billion, down 8.15% from the prior-year quarter.
Investors might also notice recent changes to analyst estimates for Williams Companies, Inc. The. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.28% lower. Williams Companies, Inc. The is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, Williams Companies, Inc. The currently has a Forward P/E ratio of 17.89. This valuation marks a premium compared to its industry's average Forward P/E of 15.14.
Meanwhile, WMB's PEG ratio is currently 5.11. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. WMB's industry had an average PEG ratio of 4.18 as of yesterday's close.
The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 18, putting it in the top 8% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.