The stock of Mueller Water Products Inc (NYSE: MWA) has decreased by -0.04 when compared to last closing price of 22.91. Despite this, the company has experienced a 3.34% gain in its stock price over the last five trading sessions. zacks.com reported 2024-10-01 that Mueller Water Products (MWA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company’s fundamentals for clues.
Is It Worth Investing in Mueller Water Products Inc (NYSE: MWA) Right Now?
The price-to-earnings ratio for Mueller Water Products Inc (NYSE: MWA) is above average at 29.16x, Company’s 36-month beta value is 1.34.Analysts have differing opinions on the stock, with 6 analysts rating it as a “buy,” 3 as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for MWA is 153.17M, and currently, short sellers hold a 2.04% ratio of that floaft. The average trading volume of MWA on October 16, 2024 was 1.34M shares.
MWA’s Market Performance
MWA stock saw an increase of 3.34% in the past week, with a monthly gain of 12.31% and a quarterly increase of 14.10%. The volatility ratio for the week is 2.67%, and the volatility levels for the last 30 days are 2.20% for Mueller Water Products Inc (MWA). The simple moving average for the last 20 days is 5.35% for MWA stock, with a simple moving average of 29.48% for the last 200 days.
Analysts’ Opinion of MWA
Many brokerage firms have already submitted their reports for MWA stocks, with TD Cowen repeating the rating for MWA by listing it as a “Hold.” The predicted price for MWA in the upcoming period, according to TD Cowen is $20 based on the research report published on August 09, 2024 of the current year 2024.
Oppenheimer, on the other hand, stated in their research note that they expect to see MWA reach a price target of $19. The rating they have provided for MWA stocks is “Outperform” according to the report published on April 18th, 2024.
MWA Trading at 9.69% 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 -0.24% of loss for the given period.
Volatility was left at 2.20%, however, over the last 30 days, the volatility rate increased by 2.67%, as shares surge +11.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.78% upper at present.
During the last 5 trading sessions, MWA rose by +3.34%, which changed the moving average for the period of 200-days by +56.85% in comparison to the 20-day moving average, which settled at $21.74. In addition, Mueller Water Products Inc saw 59.03% 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 Healy Brian C., who purchase 1,125 shares at the price of $21.99 back on Oct 07 ’24. After this action, Healy Brian C. now owns 5,025 shares of Mueller Water Products Inc, valued at $24,739 using the latest closing price.
HANSEN THOMAS J, the Director of Mueller Water Products Inc, sale 10,791 shares at $20.55 during a trade that took place back on Aug 19 ’24, which means that HANSEN THOMAS J is holding 102,792 shares at $221,800 based on the most recent closing price.
Stock Fundamentals for MWA
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.34 for the gross margin
The net margin for Mueller Water Products Inc stands at 0.1. The total capital return value is set at 0.14. Equity return is now at value 16.35, with 8.04 for asset returns.
Based on Mueller Water Products Inc (MWA), the company’s capital structure generated 0.36 points at debt to capital in total, while cash flow to debt ratio is standing at 0.45. The debt to equity ratio resting at 0.57. The interest coverage ratio of the stock is 11.66.
Currently, EBITDA for the company is 196.4 million with net debt to EBITDA at 0.89. When we switch over and look at the enterprise to sales, we see a ratio of 3.0. The receivables turnover for the company is 5.8for trailing twelve months and the total asset turnover is 0.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.70.
Conclusion
In a nutshell, Mueller Water Products Inc (MWA) has experienced a better performance in recent times. The stock has received mixed “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.
