Market Recap: Mueller Industries, Inc (MLI)’s Negative Momentum, Closing at 80.77

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

The closing price of Mueller Industries, Inc (NYSE: MLI) was $80.77 for the day, down -0.07% from the previous closing price of $80.83. In other words, the price has decreased by -$0.07 from its previous closing price. On the day, 0.69 million shares were traded. MLI stock price reached its highest trading level at $82.49 during the session, while it also had its lowest trading level at $80.48.

Ratios:

Our analysis of MLI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.95. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 9193240576 and an Enterprise Value of 8280203776. As of this moment, Mueller’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.70, and their Forward P/E ratio for the next fiscal year is 15.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.57 while its Price-to-Book (P/B) ratio in mrq is 3.43. Its current Enterprise Value per Revenue stands at 2.314 whereas that against EBITDA is 10.729.

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 $40.52. The 50-Day Moving Average of the stock is 0.51%, while the 200-Day Moving Average is calculated to be 25.46%.

Shares Statistics:

MLI traded an average of 1.21M shares per day over the past three months and 3297730 shares per day over the past ten days. 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 93.15% stake in the company. Shares short for MLI as of 1731628800 were 3655250 with a Short Ratio of 3.01, compared to 1728950400 on 3611017. Therefore, it implies a Short% of Shares Outstanding of 3655250 and a Short% of Float of 4.58.

Dividends & Splits

With its trailing 12-month dividend rate of 0.75, MLI has a forward annual dividend rate of 0.75. Against a Trailing Annual Dividend Yield of 0.009278733The stock’s 5-year Average Dividend Yield is 1.24.

Most Popular