Can Buying Williams Cos Inc (NYSE: WMB) Still Be Worthwhile?

Williams Cos Inc (NYSE:WMB) does about 7.05M shares in volume on a normal day but saw 5048086 shares change hands in Monday trading. The company now has a market cap of 47.77B USD. Its current market price is $39.21, marking a decrease of -0.13% compared to the previous close of $39.26. The 52 week high reached by this stock is $39.76 whilst the lowest price level in 52 weeks is $28.27.

Williams Cos Inc (WMB) has a 20-day trading average at $38.73 and the current price is -1.38% off the 52-week high compared with 38.70% distance from its 52-week low. The 50-day simple moving average of the closing price is $37.46 and its 200-day simple moving average is $35.38. If we look at the stock’s price movements over the week, volatility stands at 1.50%, which increases to 1.67% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 62.47 to suggest the stock is neutral.

The consensus objective for the share price is $39.71, suggesting that the stock has a potential upside of 1.26% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 18, 2024 when Wolfe Research downgraded the stock to “Underperform” and issued a price target of $34. Citigroup upgraded its price target at $36.

Williams Cos Inc (WMB) stock is up 1.42% over the week and 0.62% over the past month. Its price is 12.58% year-to-date and 31.53% over the past year.

To reach the target analysts have set, the stock logically needs to grow 1.26 percent from here.

The company has a return on investment of 8.84% and return on equity of 27.43%. The price to earnings ratio (P/E ratio) amounts to 15.10 while the forward price to earnings ratio is 19.24. The beta has a value of 1.07. Price to book ratio is 3.86 and price to sales ratio is 4.80.