Mueller Water Products Inc (MWA) concluded trading on Wednesday at a closing price of $28.24, with 2.96 million shares of worth about $83.48 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 38.50% during that period and on Wednesday the price saw a gain of about 1.77%. Currently the company’s common shares owned by public are about 156.56M shares, out of which, 153.25M shares are available for trading.
Stock saw a price change of 5.49% in past 5 days and over the past one month there was a price change of 4.32%. Year-to-date (YTD), MWA shares are showing a performance of 25.51% which increased to 83.14% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $14.81 but also hit the highest price of $28.28 during that period. The average intraday trading volume for Mueller Water Products Inc shares is 1.60 million. The stock is currently trading 8.38% above its 20-day simple moving average (SMA20), while that difference is up 13.21% for SMA50 and it goes to 27.33% higher than SMA200.
Mueller Water Products Inc (NYSE: MWA) currently have 156.56M outstanding shares and institutions hold larger chunk of about 92.94% of that.
The stock has a current market capitalization of $4.42B and its 3Y-monthly beta is at 1.21. PE ratio of stock for trailing 12 months is 32.38, while it has posted earnings per share of $0.87 in the same period. Its PEG reads 2.20 and has Quick Ratio of 2.38 while making debt-to-equity ratio of 0.57. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MWA, volatility over the week remained 3.40% while standing at 3.20% over the month.
Analysts are in expectations that Mueller Water Products Inc (MWA) stock would likely to be making an EPS of 0.31 in the current quarter, while forecast for next quarter EPS is 0.36 and it is 1.35 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.29 which is 0.33 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.3 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 27.08% while it is estimated to increase by 10.52% in next year. EPS is likely to grow at an annualized rate of 14.74% for next 5-years, compared to annual growth of 12.98% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on August 09, 2024 offering a Hold rating for the stock and assigned a target price range of between $19 and $20 to it. Coverage by Oppenheimer stated Mueller Water Products Inc (MWA) stock as an Outperform in their note to investors on April 18, 2024, suggesting a price target of $19 for the stock. On August 04, 2023, Northcoast Downgrade their recommendations, while on May 05, 2023, TD Cowen Upgrade their ratings for the stock with a price target of $19. Stock get a Buy rating from Northcoast on November 21, 2022.
