The price-to-earnings ratio for Mueller Water Products Inc (NYSE: MWA) is 36.58x, which is above its average ratio. Moreover, the 36-month beta value for MWA is 1.31. 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 1.95% of that float. On May 07, 2024, MWA’s average trading volume was 1.25M shares.
MWA) stock’s latest price update
The stock of Mueller Water Products Inc (NYSE: MWA) has increased by 8.82 when compared to last closing price of 16.55. Despite this, the company has experienced a 13.70% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-29 that Mueller Water Products (MWA) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MWA’s Market Performance
Mueller Water Products Inc (MWA) has experienced a 13.70% rise in stock performance for the past week, with a 15.60% rise in the past month, and a 31.56% rise in the past quarter. The volatility ratio for the week is 1.92%, and the volatility levels for the past 30 days are at 2.04% for MWA. The simple moving average for the last 20 days is 13.96% for MWA stock, with a simple moving average of 26.54% for the last 200 days.
Analysts’ Opinion of MWA
Many brokerage firms have already submitted their reports for MWA stocks, with Oppenheimer repeating the rating for MWA by listing it as a “Outperform.” The predicted price for MWA in the upcoming period, according to Oppenheimer is $19 based on the research report published on April 18, 2024 of the current year 2024.
TD Cowen gave a rating of “Outperform” to MWA, setting the target price at $19 in the report published on May 05th of the previous year.
MWA Trading at 14.70% 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 able to rebound, for now settling with 6.38% of gains for the given period.
Volatility was left at 2.04%, however, over the last 30 days, the volatility rate increased by 1.92%, as shares surge +15.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.65% upper at present.
During the last 5 trading sessions, MWA rose by +13.01%, which changed the moving average for the period of 200-days by +10.77% in comparison to the 20-day moving average, which settled at $15.92. In addition, Mueller Water Products Inc saw 25.07% 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 2.53. 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.
