Williams Companies Inc (WMB): Today's Featured Basic Materials Laggard
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
.
(
) pushed the Basic Materials sector lower today making it today's featured Basic Materials laggard. The sector as a whole closed the day down 0.3%. By the end of trading, Williams Companies fell 42 cents (-1.3%) to $31.65 on light volume. Throughout the day, 4.1 million shares of Williams Companies exchanged hands as compared to its average daily volume of 5.8 million shares. The stock ranged in price between $31.65-$32.17 after having opened the day at $32.09 as compared to the previous trading day's close of $32.07. Other companies within the Basic Materials sector that declined today were:
Houston American Energy Corporation
(
), down 17.4%,
(
), down 16%,
(
), down 13.4%, and
(
), down 11.8%.
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The Williams Companies, Inc. operates as an energy infrastructure company in the United States. Williams Companies has a market cap of $20.2 billion and is part of the energy industry. The company has a P/E ratio of 30.4, above the S&P 500 P/E ratio of 17.7. Shares are down 2.5% year to date as of the close of trading on Friday. Currently there are nine analysts that rate Williams Companies a buy, no analysts rate it a sell, and one rates it a hold.
TheStreet Ratings rates Williams Companies as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Williams Companies Ratings Report.
On the positive front,
(
), up 291.1%,
(
), up 42.6%,
BMB Munai
(
BMBM
), up 11.6%, and
(
), up 10.7%, were all gainers within the basic materials sector with
(
) being today's featured basic materials sector leader.
- Use our basic materials section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider
(
) while those bearish on the basic materials sector could consider
ProShares Short Basic Materials Fd
(
).
- Find other investment ideas from our top rated ETFs lists.
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