Williams Rating Reiterated by TheStreet (WMB)
Williams (NYSE: WMB)‘s stock had its “buy” rating restated by analysts at TheStreet in a research report issued to clients and investors on Monday.
The analysts wrote, “Williams Companies (WMB) has been reiterated by TheStreet Ratings as a buy with a ratings score of B- . The company’s strengths can be seen in multiple areas, such as its compelling growth in net income, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.”
Other equities research analysts have also recently issued reports about the stock. Analysts at EVA Dimensions downgraded shares of Williams to an “underweight” rating in a research note to investors on Tuesday, March 5th. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Williams in a research note to investors on Friday, February 22nd. They now have a $36.00 price target on the stock. Finally, analysts at Barclays Capital initiated coverage on shares of Williams in a research note to investors on Monday, January 14th. They set an “overweight” rating and a $38.00 price target on the stock.
Ten research analysts have rated the stock with a buy rating, three have given an overweight rating, and three have issued a hold rating to the stock. The stock has an average rating of “overweight” and a consensus price target of $38.82.
Shares of Williams (NYSE: WMB) opened at 35.43 on Monday. Williams has a one year low of $27.25 and a one year high of $37.56. The stock’s 50-day moving average is currently $34.88. The company has a market cap of $24.147 billion and a P/E ratio of 25.92.
Williams (NYSE: WMB) last issued its quarterly earnings data on Wednesday, February 20th. The company reported $0.25 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.26 by $0.01. During the same quarter in the prior year, the company posted $0.36 earnings per share. Williams has set its FY13 guidance at $0.75-$1.15 EPS. On average, analysts predict that Williams will post $1.03 earnings per share for the current fiscal year.
The Williams Companies, Inc. (Williams) is a natural gas company. The Company primarily finds, produces, gathers, processes and transports natural gas.
To view TheStreet’s full report, visit www.thestreetratings.com
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