Mueller Water Products Inc (NYSE: MWA) is 73.40% higher on its value in year-to-date trading and has touched a low of $13.08 and a high of $26.28 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 $24.82 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $24.97, the stock is 5.59% and 10.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing 0.60% at the moment leaves the stock 31.75% off its SMA200. MWA registered 90.76% gain for a year compared to 6-month gain of 32.12%. The firm has a 50-day simple moving average (SMA 50) of $22.394 and a 200-day simple moving average (SMA200) of $18.8963.
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The stock witnessed a 13.35% loss in the last 1 month and extending the period to 3 months gives it a 19.76%, and is 2.25% 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 1.77% over the week and 2.56% over the month.
Mueller Water Products Inc (MWA) has around 3400 employees, a market worth around $3.89B and $1.31B in sales. Current P/E ratio is 33.78 and Fwd P/E is 19.36. Profit margin for the company is 8.82%. Distance from 52-week low is 90.90% and -4.98% from its 52-week high. The company has generated returns on investments over the last 12 months (9.05%).
Mueller Water Products Inc quarterly earnings per share for the current quarter are estimated at 0.19 with sales reaching $293.52M over the same period.The EPS is expected to grow by 20.49% this year, but quarterly earnings will post 3.10% year-over-year. Quarterly sales are estimated to grow 14.48% in year-over-year returns.
455.0 institutions hold shares in Mueller Water Products Inc (MWA), with institutional investors hold 96.78% of the company’s shares. The shares outstanding are 156.23M, and float is at 153.21M with Short Float at 2.06%. Institutions hold 94.90% 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 sale by THOMAS LYDIA W, the company’s Director. SEC filings show that THOMAS LYDIA W sold 10,791 shares of the company’s common stock on Nov 18 ’24 at a price of $24.40 per share for a total of $0.26 million. Following the sale, the insider now owns 0.14 million shares.
Still, SEC filings show that on Oct 07 ’24, Healy Brian C. (Director) acquired 1,125 shares at an average price of $21.99 for $24739.0. The insider now directly holds 5,025 shares of Mueller Water Products Inc (MWA).
