Mueller Water Products Inc (NYSE: MWA) is 53.89% higher on its value in year-to-date trading and has touched a low of $12.12 and a high of $22.88 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MWA stock was last observed hovering at around $22.79 in the last trading session, with the day’s loss setting it -0.63%.
Currently trading at $22.16, the stock is 4.83% and 7.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.68 million and changing -2.76% at the moment leaves the stock 26.73% off its SMA200. MWA registered 72.05% gain for a year compared to 6-month gain of 42.88%. The firm has a 50-day simple moving average (SMA 50) of $20.6234 and a 200-day simple moving average (SMA200) of $17.4855.
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The stock witnessed a 14.11% loss in the last 1 month and extending the period to 3 months gives it a 19.59%, and is 3.70% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.50% over the week and 1.98% over the month.
Mueller Water Products Inc (MWA) has around 3200 employees, a market worth around $3.45B and $1.27B in sales. Current P/E ratio is 28.21 and Fwd P/E is 21.23. Profit margin for the company is 9.71%. Distance from 52-week low is 82.76% and -3.15% from its 52-week high. The company has generated returns on investments over the last 12 months (9.74%).
with sales reaching $324.8M over the same period.The EPS is expected to grow by 48.71% this year, but quarterly earnings will post 0.90% year-over-year. Quarterly sales are estimated to grow 7.80% in year-over-year returns.
Mueller Water Products Inc (MWA) Top Institutional Holders
424.0 institutions hold shares in Mueller Water Products Inc (MWA), with institutional investors hold 98.10% of the company’s shares. The shares outstanding are 155.87M, and float is at 153.17M with Short Float at 2.17%. Institutions hold 96.19% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 15.9 million shares valued at $284.87 million. The investor’s holdings represent 10.1902% of the MWA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 13.55 million shares valued at $242.79 million to account for 8.6848 of the shares outstanding. The other top investors are FRANKLIN RESOURCES INC which holds 7.83 million shares representing 5.0174% and valued at over $140.26 million, while IMPAX ASSET MANAGEMENT GROUP PLC holds 4.0614 of the shares totaling 6.34 million with a market value of $113.54 million.
Mueller Water Products Inc (MWA) Insider Activity
The most recent transaction is an insider purchase by Healy Brian C., the company’s Director. SEC filings show that Healy Brian C. bought 1,125 shares of the company’s common stock on Oct 07 ’24 at a price of $21.99 per share for a total of $24739.0. Following the purchase, the insider now owns 5025.0 shares.
Mueller Water Products Inc disclosed in a document filed with the SEC on Aug 19 ’24 that HANSEN THOMAS J (Director) sold a total of 10,791 shares of the company’s common stock. The trade occurred on Aug 19 ’24 and was made at $20.55 per share for $0.22 million. Following the transaction, the insider now directly holds 0.1 million shares of the MWA stock.
Still, SEC filings show that on Aug 19 ’24, HANSEN THOMAS J (Director) Proposed Sale 10,791 shares at an average price of $20.55 for $0.22 million. The insider now directly holds shares of Mueller Water Products Inc (MWA).
