Alert: Positive Investment/Fundamental Signals (12/4/23)-The Williams Cos Inc. (NYSE: WMB)


The Williams Cos Inc. (NYSE: WMB) has benefited from notable positive changes in investment behavior: the stock’s recent price rise disrupted its longer term downtrend.

Recent important positive changes in fundamentals have benefitted The Williams Cos Inc. (NYSE: WMB): the consensus estimate for December, 2024 increased significantly, the consensus estimate for December, 2023 increased significantly, and significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

WMB’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Williams has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Williams has a slightly negative Appreciation Score of 39 but a very high Power Rating of 97, leading to the Positive Value Trend Rating.

Recent Price Action

The Williams Cos Inc. (NYSE: WMB) stock declined slightly by -0.8% on 12/4/23. The stock closed at $36.99. This decline was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 1.8% during the last week.

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