At the time of writing, Mueller Industries, Inc [MLI] stock is trading at $80.16, up 2.69%. An important factor to consider is whether the stock is rising or falling in short-term value. The MLI shares have gain 1.62% over the last week, with a monthly amount drifted -15.08%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Mueller Industries, Inc [NYSE: MLI] stock has seen the most recent analyst activity on January 19, 2024, when Northcoast downgraded its rating to a Neutral. Previously, Boenning & Scattergood upgraded its rating to Outperform on December 14, 2020, and kept the price target unchanged to $55. On February 04, 2020, upgrade upgraded it’s rating to Outperform but maintained its price target of $40 on the stock. Boenning & Scattergood started tracking the stock assigning a Neutral rating. Monness Crespi & Hardt downgraded its rating to a Neutral.
For the past year, the stock price of Mueller Industries, Inc fluctuated between $41.94 and $96.81. Mueller Industries, Inc [NYSE: MLI] shares were valued at $80.16 at the most recent close of the market.
Analyzing the MLI fundamentals
According to Mueller Industries, Inc [NYSE:MLI], the company’s sales were 3.58B for trailing twelve months, which represents an 21.72% jump. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.18, Equity is 0.23 and Total Capital is 0.26. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
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 78.43 points at the first support level, and at 76.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 81.19, and for the 2nd resistance point, it is at 82.22.
Ratios To Look Out For
It is important to note that Mueller Industries, Inc [NYSE:MLI] has a current ratio of 4.86. On the other hand, the Quick Ratio is 3.85, and the Cash Ratio is 2.45. Considering the valuation of this stock, the price to sales ratio is 2.55, the price to book ratio is 3.40 and price to earnings (TTM) ratio is 15.58.
Transactions by insiders
Recent insider trading involved Herzog Charles P Jr, Director, that happened on Nov 21 ’24 when 15000.0 shares were sold. Director, Herzog Charles P Jr completed a deal on Nov 21 ’24 to buy 15000.0 shares. Meanwhile, Director HANSEN JOHN B sold 1000.0 shares on Oct 30 ’24.
