Mueller Water Products Inc. (MWA) Is A Stock You Should Watch

At the last check on Friday, Mueller Water Products Inc.’s (NYSE:MWA) stock was down -$1.34, moving down -10.21 percent to $11.78. The average number of shares traded per day over the past five days has been 560,849 shares. 2 times new highs have been achieved over the past 5 days, with a -$1.13 fall in that time frame. In the last twenty days, the average volume was 628,577, while in the previous 50 days, it was 828,685.

Since last month, MWA stock rose 10.72%. Shares of the company fell to $11.01 on 08/05/22, the lowest level in the past month. A 52-week high of $17.37 was reached on 01/03/22 after having rallying from a 52-week low of $10.88. Since the beginning of this year, MWA’s stock price has dropped by -8.89% or -$2.51, and marked a new high 1 time. However, the stock has declined by -32.18% since its 52-week high.


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Mueller Water Products Inc. (MWA) last reported insider trading activity 65 days ago on Jun 01. FRANKLIN SHIRLEY C., the Director of the company, disposed of 7,000 shares for $11.94 on Jun 01. It resulted in a $83,548 divestment by the insider. Heinrichs Steven S sold 17,000 shares at an average price of $11.54 on May 16. The insider now owns 55,316 shares following the transaction. On May 13, SVP and CHRO Helms Todd P sold 3,875 shares at $11.63 apiece. The transaction was valued at $45,058.

Valuation Metrics

Right now, Mueller Water Products Inc. (MWA) has a P/E ratio of about 27.51. The stock’s beta is 1.26. Besides these, the trailing price-to-sales (P/S) ratio of 1.72, the price-to-book (PB) ratio of 2.92, and the price-to-cash flow ratio of 2042.78 may also be considered.

The latest dividend of $0.0580 per share was paid out, remained unchanged from last year’s $0.0580. On Friday October 22 2021, a $0.0030 dividend increase was announced.

Financial Health

In the three months ended March 30, Mueller Water Products Inc.’s quick ratio stood at 2.10, while its current ratio was 3.20, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.63, and the total debt-to-equity ratio was 0.63. On the profitability front, the trailing twelve-month gross margin is 31.30% percent. In the year ended March 30, EBITDA margin amounted to 17.94%, whereas operating margins totaled 9.80%. Based on annual data, MWA earned $358.5 million in gross profit and brought in $1.11 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 7.90%. Return on equity (ROE) for the past 12 months was 10.90%.

In Mueller Water Products Inc.’s quarter-end financial report for March 30, it reported total debt of $446.1 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. MWA’s revenue rose 13.85% to $272.3 million during the quarter, while net income inched up to $310.5 million. While analysts expected Mueller Water Products Inc. to report $0.14 quarterly earnings, the actual figure was $0.15 per share, beating the consensus estimate by 7.10%. During the quarter, the company generated $49.0 million in EBITDA. The liabilities of Mueller Water Products Inc. were 805.4 million at the end of its most recent quarter ended March 30, and its total debt was $473.9 million. The value of shareholders’ equity is $157.03 million.

Technical Picture

This quick technical analysis looks at Mueller Water Products Inc.’s (MWA) price momentum. With a historical volatility rate of 53.08%, the RSI 9-day stood at 33.43% on 04 August.

With respect to its five-day moving average, the current Mueller Water Products Inc. price is down by -8.68% percent or -$1.13. At present, MWA shares trade +0.34% above its 20-day simple moving average and -2.38% percent below its 100-day simple moving average. However, the stock is currently trading approximately +1.97% above its SMA50 and -26.92% below its SMA200.

Stochastic coefficient K was 78.61% and Stochastic coefficient D was 89.20%, while ATR was 0.46. Given the Stochastic reading of 41.41% for the 14-day period, the RSI (14) reading has been calculated as 41.25%. As of today, the MACD Oscillator reading stands at -0.15, while the 14-day reading stands at 0.03.

Analyst Ratings

Northcoast launched its rating on Mueller Water Products Inc. (NYSE: MWA) to a Neutral in a note to investors on July 15, 2022. Mueller Water Products Inc. (MWA) has been rated Hold by analysts. According to 0 brokerage firms, MWA is a sell, and 8 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Mueller Water Products Inc. stock as buy, with 1 recommending it as overweight.

With a median target price of $13.00, the current consensus forecast for the stock is $11.00 – $17.00. Based on these forecasts, analysts predict Mueller Water Products Inc. (MWA) will achieve an average price target of $13.36.

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