The Williams Companies, Inc. (NYSE:WMB) stock is currently pricing at roughly $30.33. Our analysis shows that the stock is widely covered by equity research firms, and target prices are revealing. From a summary standpoint, we track the median one-year price target among 18 analysts covering the company at $33.00. That suggests shares of the stock may have another 8 percent to the upside left to run. Of those analysts we surveyed, the highest price target on recordsits at $38.00, which would imply another 75 percent in upside potential. If we look for a little more qualitative data on the range of expectations, we find in analyst notes that the stock has 8 “Buy” ratings in place. At the same time, 4 rate the stock a “strong buy”, suggesting more conviction in the story. As for the doubters, 8 equity research analyst firms call this stock a “Hold” and 0 consider it bad enough to warrant a “Sell” rating.
Analysts at Citigroup took a look at WMB shares in a research note released on Apr 07, 2017, and issued a Buy rating to this company. Deutsche Bank analysts provided their own take on company recently as well. In a research note published on Feb 10, 2017,the house assigned a Hold rating to this stock. According to a piece that hit the wires on Jan 23, 2017, researchers at Jefferies reconsidered their prior rating on the stock, and upped it from Hold Perform to Buy.
The Williams Companies, Inc. (WMB) Cap Table Analysis
Breaking down the capitalization table is our next goal. From a bird’s eye view, Executives hold 0.44 percent of the stock.
If we take a more granular look, Steven J. Malcolm is one of the largest owners in company capital stock among insiders. According to U.S. Securities and Exchange Commission (SEC) filings, this investor owns 711,844 shares, representing a total current market value of roughly $21590228.52. Joseph H. Williams is another major player among company insiders, currently holding 496,852 shares as of less than 0.1%, carrying a current market value of $15069521.16. Mr. Donald R. Chappel is currently ranked as the number three insider in terms of representation on the cap table for the stock, holding 424,486 shares, valued at around $12874660.38 as of recent close.
We noted a few insider transactions for the stock recently as well.
In a transaction on 2016-11-08, the company’s Sr. Vice President Miller Rory Lee sold 40,000 company shares for 1176000. That means, once accounting for this transaction, the Sr. Vice President is left with a stake of 79,780 shares, carrying a current total market value of $2419727. In addition, by means of a transaction dated 2016-11-03, Vice President and Controller Timmermans Ted T sold 500 shares worth $14160. After that transaction, this investor is left with a total holding of 11,803 shares, representing a total investment value of $357984.99. We also noted a 2016-11-02 transaction in which WMB Director CHAZEN STEPHEN I purchased 5,000 shares at a stock price of $28.23, carrying a total value of $141150, after which, this insider’s investment stands at 5,000 shares, with an overall financial value of $151650.
The Williams Companies, Inc. (NYSE:WMB) Earnings View
In the company’s last quarter, WMB EPS moved to $-0.02 from $0.20 compared sequentially with the prior quarter. Revenues for the company came in at $2.2BM. This stacks up against $1.91BM, on a sequential basis.
How does this compare with bottom and top-line expectations? Well, according to what we could find, analysts had been looking for the company to post net income of about $0.18 per share on $1.85BM in revenue. That sets up an interesting next quarter report card. We would note that analysts seem to be projecting earnings, on average, for this quarter in the range of $0.12 to $0.34. On a year-over-year basis, that compares with an EPS comp of $0.03.