Mueller Water Products Inc (MWA) Shares Rise Despite Market Challenges

Mueller Water Products Inc (NYSE: MWA)’s stock price has plunge by 0.49relation to previous closing price of 24.31. Nevertheless, the company has seen a -5.93% plunge in its stock price over the last five trading sessions. zacks.com reported 2024-11-15 that Here is how Mueller Water Products (MWA) and Packaging Corp. (PKG) have performed compared to their sector so far this year.

Is It Worth Investing in Mueller Water Products Inc (NYSE: MWA) Right Now?

Mueller Water Products Inc (NYSE: MWA) has a price-to-earnings ratio of 33.04x that is above its average ratio. Additionally, the 36-month beta value for MWA is 1.35. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 3 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”

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The public float for MWA is 153.21M and currently, short sellers hold a 2.06% ratio of that float. The average trading volume of MWA on November 19, 2024 was 1.22M shares.

MWA’s Market Performance

MWA’s stock has seen a -5.93% decrease for the week, with a 8.58% rise in the past month and a 20.58% gain in the past quarter. The volatility ratio for the week is 2.27%, and the volatility levels for the past 30 days are at 2.47% for Mueller Water Products Inc The simple moving average for the past 20 days is 5.13% for MWA’s stock, with a 30.04% simple moving average for the past 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 10.07% 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 -7.03% of loss for the given period.

Volatility was left at 2.47%, however, over the last 30 days, the volatility rate increased by 2.27%, as shares surge +9.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.80% upper at present.

During the last 5 trading sessions, MWA fell by -5.93%, which changed the moving average for the period of 200-days by +75.63% in comparison to the 20-day moving average, which settled at $23.24. In addition, Mueller Water Products Inc saw 69.65% 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 THOMAS LYDIA W, who proposed sale 10,791 shares at the price of $24.40 back on Nov 18 ’24. After this action, THOMAS LYDIA W now owns shares of Mueller Water Products Inc, valued at $263,287 using the latest closing price.

Healy Brian C., the Director of Mueller Water Products Inc, purchase 1,125 shares at $21.99 during a trade that took place back on Oct 07 ’24, which means that Healy Brian C. is holding 5,025 shares at $24,739 based on the most recent closing price.

Stock Fundamentals for MWA

Current profitability levels for the company are sitting at:

  • 0.14 for the present operating margin
  • 0.35 for the gross margin

The net margin for Mueller Water Products Inc stands at 0.09. The total capital return value is set at 0.14. Equity return is now at value 15.23, with 7.38 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 0.53. The debt to equity ratio resting at 0.55. The interest coverage ratio of the stock is 12.12.

Currently, EBITDA for the company is 181.7 million with net debt to EBITDA at 0.58. 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 6.29for 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 3.33.

Conclusion

In conclusion, Mueller Water Products Inc (MWA) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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