A share price of Mueller Water Products Inc [MWA] is currently trading at $22.66, up 1.12%. An important factor to consider is whether the stock is rising or falling in short-term value. The MWA shares have gain 3.05% over the last week, with a monthly amount drifted -7.55%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Mueller Water Products Inc [NYSE: MWA] stock has seen the most recent analyst activity on August 09, 2024, when TD Cowen downgraded its rating to a Hold and also boosted its price target to $20 from $19. Previously, Oppenheimer upgraded its rating to Outperform on April 18, 2024, and kept the price target unchanged to $19. On August 04, 2023, downgrade downgraded it’s rating to Neutral. TD Cowen upgraded its rating to a Outperform and increased its price target to $19 on May 05, 2023. Northcoast upgraded its rating to a Buy. Deutsche Bank started tracking with a Hold rating for this stock on August 18, 2022, and assigned it a price target of $12. In a note dated July 15, 2022, Northcoast initiated an Neutral rating.
Mueller Water Products Inc experienced fluctuations in its stock price throughout the past year between $13.49 and $26.28. 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 $22.66 at the most recent close of the market. An investor can expect a potential drop of -22.77% based on the average MWA price forecast.
Analyzing the MWA fundamentals
Trailing Twelve Months sales for Mueller Water Products Inc [NYSE:MWA] were 1.31B which represents 15.53% growth. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.15 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 0.55.
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 22.37 points at the first support level, and at 22.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.88, and for the 2nd resistance point, it is at 23.10.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Mueller Water Products Inc [NYSE:MWA] is 3.33. On the other hand, the Quick Ratio is 2.16, and the Cash Ratio is 1.2. Considering the valuation of this stock, the price to sales ratio is 2.70, the price to book ratio is 4.37 and price to earnings (TTM) ratio is 30.65.
Transactions by insiders
Recent insider trading involved Healy Brian C., Director, that happened on Jan 06 ’25 when 1115.0 shares were purchased. VP and CAO, Smith Suzanne G completed a deal on Dec 09 ’24 to sell 26138.0 shares. Meanwhile, Officer Smith Suzanne G bought 26138.0 shares on Dec 09 ’24.
