The price-to-earnings ratio for Mueller Water Products Inc (NYSE: MWA) is 31.42x, which is above its average ratio. Moreover, the 36-month beta value for MWA is 1.34. Analysts have varying opinions on the stock, with 6 analysts rating it as a “buy,” 3 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for MWA is 153.30M and currently, short sellers hold a 1.97% of that float. On April 05, 2024, MWA’s average trading volume was 974.74K shares.
MWA) stock’s latest price update
Mueller Water Products Inc (NYSE: MWA) has experienced a decline in its stock price by -0.77 compared to its previous closing price of 15.59. However, the company has seen a fall of -3.13% in its stock price over the last five trading days. MarketBeat reported 2024-03-11 that The numbers are in, and the professional traders on Wall Street have begun to give Main Street investors like yourself a taste of where the big money is about to be made. Their many hours of analysis and rigorous search for the best place to put their capital to work have landed analysts at The Goldman Sachs Group Inc. NYSE: GS in one simple yet elegant play for this cycle.
MWA’s Market Performance
Mueller Water Products Inc (MWA) has experienced a -3.13% fall in stock performance for the past week, with a 0.85% rise in the past month, and a 11.70% rise in the past quarter. The volatility ratio for the week is 2.06%, and the volatility levels for the past 30 days are at 1.59% for MWA. The simple moving average for the past 20 days is -1.37% for MWA’s stock, with a 8.49% simple moving average for the past 200 days.
Analysts’ Opinion of MWA
TD Cowen, on the other hand, stated in their research note that they expect to see MWA reach a price target of $19, previously predicting the price at $11. The rating they have provided for MWA stocks is “Outperform” according to the report published on May 05th, 2023.
MWA Trading at 1.84% from the 50-Day Moving Average
After a stumble in the market that brought MWA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.62% of loss for the given period.
Volatility was left at 1.59%, however, over the last 30 days, the volatility rate increased by 2.06%, as shares surge +0.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.79% upper at present.
During the last 5 trading sessions, MWA fell by -3.13%, which changed the moving average for the period of 200-days by -1.15% in comparison to the 20-day moving average, which settled at $15.69. In addition, Mueller Water Products Inc saw 7.43% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MWA starting from Van Arsdell Stephen C, who purchase 10,000 shares at the price of $15.42 back on Mar 01 ’24. After this action, Van Arsdell Stephen C now owns 80,603 shares of Mueller Water Products Inc, valued at $154,200 using the latest closing price.
Takeuchi Kenji, the SVP Water Management Solutions of Mueller Water Products Inc, sale 6,658 shares at $15.62 during a trade that took place back on Feb 28 ’24, which means that Takeuchi Kenji is holding 34,196 shares at $104,013 based on the most recent closing price.
Stock Fundamentals for MWA
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.31 for the gross margin
The net margin for Mueller Water Products Inc stands at 0.06. The total capital return value is set at 0.09. Equity return is now at value 10.89, with 5.13 for asset returns.
Based on Mueller Water Products Inc (MWA), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.38. The debt to equity ratio resting at 0.65. The interest coverage ratio of the stock is 7.35.
Currently, EBITDA for the company is 196.4 million with net debt to EBITDA at 1.33. When we switch over and look at the enterprise to sales, we see a ratio of 2.2. The receivables turnover for the company is 7.04for trailing twelve months and the total asset turnover is 0.8. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.29.
Conclusion
To wrap up, the performance of Mueller Water Products Inc (MWA) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
