Mueller Water Products Inc (MWA) Shares See Highest Trading Level at $15.38

As of close of business last night, Mueller Water Products Inc’s stock clocked out at $15.38, down -1.09% from its previous closing price of $15.55. In other words, the price has decreased by -$0.17 from its previous closing price. On the day, 1729790 shares were traded.

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Ratios:

To gain a deeper understanding of MWA’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.16. For the most recent quarter (mrq), Quick Ratio is recorded 1.89 and its Current Ratio is at 3.29. In the meantime, Its Debt-to-Equity ratio is 0.65 whereas as Long-Term Debt/Eq ratio is at 0.65.

On May 05, 2023, TD Cowen Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $11 to $19.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 28 when Takeuchi Kenji sold 6,658 shares for $15.62 per share. The transaction valued at 104,013 led to the insider holds 34,196 shares of the business.

Helms Todd P sold 37,000 shares of MWA for $560,606 on Feb 13. The SVP and CHRO now owns 41,181 shares after completing the transaction at $15.15 per share. On Feb 13, another insider, McAndrew Paul, who serves as the EVP and COO of the company, sold 23,000 shares for $15.02 each. As a result, the insider received 345,511 and left with 6,701 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, MWA now has a Market Capitalization of 2.40B and an Enterprise Value of 2.66B. As of this moment, Mueller’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.23, and their Forward P/E ratio for the next fiscal year is 19.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.97 while its Price-to-Book (P/B) ratio in mrq is 3.28. Its current Enterprise Value per Revenue stands at 2.19 whereas that against EBITDA is 14.91.

Stock Price History:

Over the past 52 weeks, MWA has reached a high of $16.93, while it has fallen to a 52-week low of $12.11. The 50-Day Moving Average of the stock is 14.50, while the 200-Day Moving Average is calculated to be 14.12.

Shares Statistics:

It appears that MWA traded 1.01M shares on average per day over the past three months and 1.49M shares per day over the past ten days. A total of 155.87M shares are outstanding, with a floating share count of 153.31M. Insiders hold about 1.79% of the company’s shares, while institutions hold 93.96% stake in the company. Shares short for MWA as of Feb 15, 2024 were 2.17M with a Short Ratio of 2.15, compared to 2.52M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.39% and a Short% of Float of 1.41%.

Dividends & Splits

With its trailing 12-month dividend rate of 0.25, MWA has a forward annual dividend rate of 0.25. Against a Trailing Annual Dividend Yield of 1.59%, it implies a Forward Annual Dividend Yield of 1.66%. The stock’s 5-year Average Dividend Yield is 1.82.

Earnings Estimates

As of right now, 6 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.14 for the current quarter, with a high estimate of $0.16 and a low estimate of $0.13, while EPS last year was $0.14. The consensus estimate for the next quarter is $0.19, with high estimates of $0.21 and low estimates of $0.17.

Analysts are recommending an EPS of between $0.7 and $0.64 for the fiscal current year, implying an average EPS of $0.68. EPS for the following year is $0.79, with 6 analysts recommending between $0.86 and $0.72.

Revenue Estimates

A total of 6 analysts have provided revenue estimates for MWA’s current fiscal year. The highest revenue estimate was $1.23B, while the lowest revenue estimate was $1.2B, resulting in an average revenue estimate of $1.22B. In the same quarter a year ago, actual revenue was $1.28B, down -4.50% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $1.3B in the next fiscal year. The high estimate is $1.32B and the low estimate is $1.27B. The average revenue growth estimate for next year is up 6.30% from the average revenue estimate for this year.

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