Closing Bell Recap: Mueller Industries, Inc (MLI) Ends at 82.15, Reflecting a -6.54 Downturn

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Mueller Industries, Inc (NYSE: MLI) closed the day trading at $82.15 down -6.54% from the previous closing price of $87.90. In other words, the price has decreased by -$6.54 from its previous closing price. On the day, 23.53 million shares were traded. MLI stock price reached its highest trading level at $88.14 during the session, while it also had its lowest trading level at $81.6.

Ratios:

For a better understanding of MLI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.58. For the most recent quarter (mrq), Quick Ratio is recorded 3.85 and its Current Ratio is at 4.86. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

On December 14, 2020, Boenning & Scattergood Upgraded its rating to Outperform which previously was Neutral but kept the price unchanged to $55.

Boenning & Scattergood Upgraded its Neutral to Outperform on February 04, 2020, while the target price for the stock was maintained at $40.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 21 ’24 when Herzog Charles P Jr sold 15,000 shares for $92.04 per share. The transaction valued at 1,380,600 led to the insider holds 17,733 shares of the business.

Herzog Charles P Jr bought 15,000 shares of MLI for $1,362,150 on Nov 21 ’24. On Oct 30 ’24, another insider, HANSEN JOHN B, who serves as the Director of the company, sold 1,000 shares for $83.09 each. As a result, the insider received 83,090 and left with 94,914 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MLI now has a Market Capitalization of 9343330304 and an Enterprise Value of 8437158400. As of this moment, Mueller’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.96, and their Forward P/E ratio for the next fiscal year is 15.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.50 while its Price-to-Book (P/B) ratio in mrq is 3.49. Its current Enterprise Value per Revenue stands at 2.358 whereas that against EBITDA is 10.932.

Stock Price History:

Over the past 52 weeks, MLI has reached a high of $96.81, while it has fallen to a 52-week low of $40.43. The 50-Day Moving Average of the stock is 2.92%, while the 200-Day Moving Average is calculated to be 28.56%.

Shares Statistics:

Over the past 3-months, MLI traded about 821.17K shares per day on average, while over the past 10 days, MLI traded about 883680 shares per day. A total of 114.16M shares are outstanding, with a floating share count of 109.71M. Insiders hold about 3.54% of the company’s shares, while institutions hold 93.16% stake in the company. Shares short for MLI as of 1730332800 were 3743250 with a Short Ratio of 4.56, compared to 1727654400 on 3413013. Therefore, it implies a Short% of Shares Outstanding of 3743250 and a Short% of Float of 4.6899999999999995.

Dividends & Splits

MLI’s forward annual dividend rate is 0.75, up from 0.75 a year ago. Against a Trailing Annual Dividend Yield of 0.008532423The stock’s 5-year Average Dividend Yield is 1.25.

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