Mueller Water Products Inc (MWA) Shares on the Rise: Short-term Analysis

Mueller Water Products Inc [MWA] stock is trading at $20.09, up 5.96%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MWA shares have lost -2.10% over the last week, with a monthly amount glided 9.18%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Mueller Water Products Inc [NYSE: MWA] stock has seen the most recent analyst activity on April 18, 2024, when Oppenheimer upgraded its rating to a Outperform but kept the price target unchanged to $19 for it. Previously, Northcoast downgraded its rating to Neutral on August 04, 2023. On May 05, 2023, upgrade upgraded it’s rating to Outperform and revised its price target to $19 on the stock. Northcoast upgraded its rating to a Buy. Deutsche Bank initiated its recommendation with a Hold and recommended $12 as its price target on August 18, 2022. In a note dated November 10, 2021, Oppenheimer downgraded an Perform rating on this stock.

Mueller Water Products Inc [MWA] stock has fluctuated between $12.12 and $21.02 over the past year. Currently, Wall Street analysts expect the stock to reach $17.5 within the next 12 months. Mueller Water Products Inc [NYSE: MWA] shares were valued at $20.09 at the most recent close of the market. An investor can expect a potential drop of -12.89% based on the average MWA price forecast.

Analyzing the MWA fundamentals

Mueller Water Products Inc [NYSE:MWA] reported sales of 1.27B for the trailing twelve months, which represents a growth of 9.22%. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.16 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.57.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.49 points at the first support level, and at 18.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.42, and for the 2nd resistance point, it is at 20.75.

Ratios To Look Out For

For context, Mueller Water Products Inc’s Current Ratio is 3.70. Also, the Quick Ratio is 2.31, while the Cash Ratio stands at 1.15. Considering the valuation of this stock, the price to sales ratio is 2.47, the price to book ratio is 3.95 and price to earnings (TTM) ratio is 25.64.

Transactions by insiders

Recent insider trading involved Takeuchi Kenji, SVP Water Management Solutions, that happened on May 16 ’24 when 6658.0 shares were sold. Director, Healy Brian C. completed a deal on May 15 ’24 to buy 2650.0 shares. Meanwhile, SVP Water Management Solutions Takeuchi Kenji sold 51708.0 shares on May 09 ’24.

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