Mueller Water Products Inc. (NYSE:MWA) went up by 2.17% during the previous trading session, and it is maintaining the win ahead of Tuesday’s trading session. The share price of the Specialty Industrial Machinery giant went up by $9.43 to trade ended Tuesday trading at $9.23. This is up from the $9.23 price recorded on Monday’s trading session. Thanks to this latest performance, MWA is closer to the higher price 52-week target of $13.00 and further from the lowest price target of $8.00. Its performance from the start of the year has also been negative, with MWA down by -21.29% year-to-date.
Mueller Water Products Inc. (MWA) started the day trading at $9.15 and recorded an intraday high of $9.49. It also recorded an intraday low of $9.11 during Tuesday’s trading session. Mueller Water Products Inc. is a very active stock that recorded a trading volume that is less than -18.88% of the average daily trading volume on Tuesday. The stock’s trading volume on Tuesday was 857988, which is less than -18.88 of the total average daily trading volume of 1.02 million.
Mueller Water Products Inc. (NYSE:MWA) 2020 Performance Impressive
The increase in MWA’s stock price on Tuesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of MWA currently stands at $12.71, which is higher than the current trading price of the stock by 25.81%. However, MWA’s current trading price is -42.02% lower than the 52-week low price of $6.64. In terms of trading volume, Mueller Water Products Inc. currently experienced healthy participation during the last trading session. 857988 shares of Mueller Water Products Inc. were traded on the stock exchange on Tuesday, which is less than -18.88% of the 1.02 million average trading volume of the stock.
The performance of the stock has been positive over the past year. MWA’s performance over the past one year has seen it plunge by -1.98%, while the stock has gone down by -20.96% in the last six months. The quarterly performance of MWA currently stands at 17.73%, and it is up by 2.06% in the last month. The only positive figure was from the weekly performance, which currently reads 3.97%. At the time of writing MWA’s report, the company has a total market cap of $1.47B, making it one of the largest publicly-traded companies in the world.Mueller Water Products Inc. also has over 3100 employees all over the world.
MWA Insider Activities
For Mueller Water Products Inc., insiders hold 94.50% of all company shares. The insider transactions over the past six months are down by 0.00%. During that period, insiders bought 142,853 shares in 15 transactions. In that same period, insiders sold 62,449 of their shares in 4 transactions. After these transactions, insiders at Mueller Water Products Inc. now hold 2.42M shares, which is over 95.07% of the total company stocks. Institutional investors currently hold a large chunk of the MWA shares, as they control 1.53% of the company’s total stock.
MWA Fundamental Analysis
For Mueller Water Products Inc., the stock’s diluted earnings per share (EPS) stands at 0.68. In the coming year, analysts expect the EPS to be 0.54. The EPS growth will up over the next five years to 10.00% after surging by 17.40% in the previous five years. In terms of revenue, Mueller Water Products Inc.’s quarterly sales (YOY) is growing at 0.10, which is lower than the average annual revenue of 17.40% over the past half a decade.
The Return on Investment (ROI) on Mueller Water Products Inc.’s stock currently stands at 8.00%, and it has a net profit margin of 10.70%. The operating margin of the company is 15.60%, and its gross margin is 34.10%.
MWA Analysts Prediction
In April 08, 2020, several analysts reiterated their positions on the Mueller Water Products Inc. stock and predicted its performance to their investors. The analysts at Goldman believe MWA is still a Neutral and set the price target between $10 and $8. Goldman reiterate their Sell position on the stock ($10 and $8)
Analysts at Goldman believe that MWA is Neutral, and they have a price target of between $13 and $11. Berenberg and Goldman also believe that Mueller Water Products Inc.’s stock is outperforming at the moment.
At the moment, Mueller Water Products Inc.’s Total Debt to Equity ratio stands at 0.74, and they have a long-term Debt to Equity ratio of 0.74.
MWA Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of MWA currently stands at 0.59%, while the SMA50 is 3.96%. The biggest one is the SMA200, which is currently reading -10.15% ahead of Tuesday’s trading session. The Relative Strength Index of this stock is 53.22, while its price to earnings ratio (P/E) is 13.85.