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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and GLENN LARKIN

Williams Companies Stock Near Buy Zone Before Next Earnings Report

With its next earnings report set for around Aug. 1, Williams Companies is currently about 11% below a 38.07 buy point. The entry is based on a second-stage consolidation.

Keep in mind that buying a stock just before it reports is risky, since an EPS or sales miss could send it sharply lower. You can minimize your risk by waiting to see how the company reports and how the market reacts. You can also use an options strategy to limit your potential downside.

Looking For Winning Stocks? Try This Simple Routine

Williams Companies posted 17% earnings-per-share growth in its most recent report, while sales growth came in at -3%.

Consensus analyst estimates call for earnings-per-share growth of 44% for the quarter, and 16% growth for the full year.

Williams Companies has a 92 Composite Rating and earns the No. 14 rank among its peers in the Oil & Gas-Integrated industry group. Equinor ASA Adr, EQT and Imperial Oil are among the top 5 highly rated stocks within the group.

Note: Dates for earnings reports are subject to change. Check the company's website for any updates.

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