Mueller Water Products Inc (NYSE: MWA)’s stock price has plunge by -2.19relation to previous closing price of 15.51. Nevertheless, the company has seen a -2.69% plunge in its stock price over the last five trading sessions. 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.
Is It Worth Investing in Mueller Water Products Inc (NYSE: MWA) Right Now?
Mueller Water Products Inc (NYSE: MWA) has a higher price-to-earnings ratio of 30.81x compared to its average ratio, The 36-month beta value for MWA is at 1.34. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 3 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for MWA is 153.30M, and currently, shorts hold a 1.95% of that float. The average trading volume for MWA on April 11, 2024 was 986.19K shares.
MWA’s Market Performance
The stock of Mueller Water Products Inc (MWA) has seen a -2.69% decrease in the past week, with a -3.50% drop in the past month, and a 10.17% gain in the past quarter. The volatility ratio for the week is 1.78%, and the volatility levels for the past 30 days are at 1.60% for MWA. The simple moving average for the last 20 days is -3.11% for MWA stock, with a simple moving average of 6.40% for the last 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 -0.95% 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 -10.40% of loss for the given period.
Volatility was left at 1.60%, however, over the last 30 days, the volatility rate increased by 1.78%, as shares sank -2.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.44% upper at present.
During the last 5 trading sessions, MWA fell by -2.69%, which changed the moving average for the period of 200-days by -1.17% in comparison to the 20-day moving average, which settled at $15.63. In addition, Mueller Water Products Inc saw 5.35% 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 2.16. 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
In conclusion, Mueller Water Products Inc (MWA) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
