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In the latest session, Mueller Industries, Inc (NYSE: MLI) closed at $80.11 up 0.75% from its previous closing price of $79.51. In other words, the price has increased by $0.75 from its previous closing price. On the day, 0.61 million shares were traded. MLI stock price reached its highest trading level at $80.98 during the session, while it also had its lowest trading level at $79.62.
Ratios:
For a deeper understanding of Mueller Industries, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.83. 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.
Boenning & Scattergood Upgraded its Neutral to Outperform on December 14, 2020, while the target price for the stock was maintained at $55.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 9111311360 and an Enterprise Value of 8205138944. As of this moment, Mueller’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.57, and their Forward P/E ratio for the next fiscal year is 14.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.55 while its Price-to-Book (P/B) ratio in mrq is 3.40. Its current Enterprise Value per Revenue stands at 2.293 whereas that against EBITDA is 10.632.
Stock Price History:
The Beta on a monthly basis for MLI is 0.99, which has changed by 0.6124518 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, MLI has reached a high of $96.81, while it has fallen to a 52-week low of $47.46. The 50-Day Moving Average of the stock is -1.90%, while the 200-Day Moving Average is calculated to be 14.28%.
Shares Statistics:
For the past three months, MLI has traded an average of 1.29M shares per day and 713400 over the past ten days. A total of 113.73M shares are outstanding, with a floating share count of 109.71M. Insiders hold about 3.54% of the company’s shares, while institutions hold 91.59% stake in the company. Shares short for MLI as of 1736899200 were 3235584 with a Short Ratio of 2.50, compared to 1734048000 on 3892462. Therefore, it implies a Short% of Shares Outstanding of 3235584 and a Short% of Float of 4.05.
Dividends & Splits
According to the company, the forward annual dividend rate for MLI is 0.80, from 0.75 in the trailing year. Against a Trailing Annual Dividend Yield of 0.009432776The stock’s 5-year Average Dividend Yield is 1.24. The current Payout Ratio is 11.31% for MLI, which recently paid a dividend on 2024-12-06 with an ex-dividend date of 1733443200. Stock splits for the company last occurred on 2023-10-23 when the company split stock in a 2:1 ratio.