Mueller Water Products Inc (MWA) Shares Soar Above 1-Year High

Mueller Water Products Inc (NYSE: MWA)’s stock price has soared by 1.09 in relation to previous closing price of 22.87. Nevertheless, the company has seen a loss of -4.86% in its stock price over the last five trading days. globenewswire.com reported 2024-12-18 that Nominates Bentina Chisolm Terry and Leland Weaver to Join Board of Directors Two Long-Tenured Directors to Retire at Upcoming 2025 Annual Meeting of Stockholders   ATLANTA, Dec. 18, 2024 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA) announced that its Board of Directors has nominated Bentina Chisolm Terry and Leland Weaver to join the Board for election at the Company’s Annual Meeting of Stockholders on February 6, 2025. As part of the previously announced Board refreshment plan, Dr. Lydia Thomas and Ms.

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 31.27x compared to its average ratio, The 36-month beta value for MWA is at 1.38. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”

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The public float for MWA is 153.48M, and currently, shorts hold a 1.74% of that float. The average trading volume for MWA on December 20, 2024 was 1.25M shares.

MWA’s Market Performance

The stock of Mueller Water Products Inc (MWA) has seen a -4.86% decrease in the past week, with a -6.85% drop in the past month, and a 8.85% gain in the past quarter. The volatility ratio for the week is 2.82%, and the volatility levels for the past 30 days are at 2.07% for MWA. The simple moving average for the past 20 days is -6.36% for MWA’s stock, with a 16.36% 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 -2.96% 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 -12.02% of loss for the given period.

Volatility was left at 2.07%, however, over the last 30 days, the volatility rate increased by 2.82%, as shares sank -7.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.86% upper at present.

During the last 5 trading sessions, MWA fell by -5.02%, which changed the moving average for the period of 200-days by +46.54% in comparison to the 20-day moving average, which settled at $24.69. In addition, Mueller Water Products Inc saw 60.56% 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 Smith Suzanne G, who sale 26,138 shares at the price of $24.99 back on Dec 09 ’24. After this action, Smith Suzanne G now owns 9,378 shares of Mueller Water Products Inc, valued at $653,306 using the latest closing price.

Smith Suzanne G, the Officer of Mueller Water Products Inc, proposed sale 26,138 shares at $24.99 during a trade that took place back on Dec 09 ’24, which means that Smith Suzanne G is holding shares at $653,306 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 0.53. When we switch over and look at the enterprise to sales, we see a ratio of 2.85. 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 had a mixed performance lately. Opinion on the stock among analysts is mixed, 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.

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