Mueller Water Products Inc (NYSE: MWA) is 67.36% higher on its value in year-to-date trading and has touched a low of $12.39 and a high of $24.73 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 $23.97 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $24.10, the stock is 7.52% and 11.90% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.95 million and changing 0.54% at the moment leaves the stock 30.99% off its SMA200. MWA registered 89.17% gain for a year compared to 6-month gain of 25.78%. The firm has a 50-day simple moving average (SMA 50) of $21.4794 and a 200-day simple moving average (SMA200) of $18.3476.
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The stock witnessed a 8.80% loss in the last 1 month and extending the period to 3 months gives it a 21.29%, and is 11.63% 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 3.06% over the week and 2.20% over the month.
Mueller Water Products Inc (MWA) has around 3200 employees, a market worth around $3.75B and $1.31B in sales. Current P/E ratio is 32.60 and Fwd P/E is 19.92. Profit margin for the company is 8.82%. Distance from 52-week low is 94.59% and -2.55% from its 52-week high. The company has generated returns on investments over the last 12 months (9.21%).
The EPS is expected to grow by 10.48% this year
430.0 institutions hold shares in Mueller Water Products Inc (MWA), with institutional investors hold 95.40% of the company’s shares. The shares outstanding are 156.23M, and float is at 153.17M with Short Float at 2.60%. Institutions hold 93.55% 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).
