While Mueller Water Products Inc has overperformed by 3.30%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, MWA rose by 104.71%, with highs and lows ranging from $27.35 to $13.49, whereas the simple moving average jumped by 32.54% in the last 200 days.
On August 09, 2024, TD Cowen Downgraded Mueller Water Products Inc (NYSE: MWA) to Hold. A report published by Oppenheimer on April 18, 2024, Upgraded its rating to ‘Outperform’ for MWA. TD Cowen May 05, 2023d the rating to Outperform on May 05, 2023, and set its price target from $11 to $19. Northcoast November 21, 2022d its ‘Neutral’ rating to ‘Buy’ for MWA, as published in its report on November 21, 2022. Deutsche Bank’s report from August 18, 2022 suggests a price prediction of $12 for MWA shares, giving the stock a ‘Hold’ rating. Northcoast also rated the stock as ‘Neutral’.
Analysis of Mueller Water Products Inc (MWA)
MWA currently pays a dividend of $0.26 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter increase in sales is 18.68%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Mueller Water Products Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 17.49% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.38, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 1.25M can be a very valuable indicator of volatility for MWA stock. On a monthly basis, the volatility of the stock is set at 3.03%, whereas on a weekly basis, it is put at 5.61%, with a gain of 20.90% over the past seven days. Furthermore, long-term investors anticipate a median target price of $28.50, showing growth from the present price of $27.82, which can serve as yet another indication of whether MWA is worth investing in or should be passed over.
How Do You Analyze Mueller Water Products Inc Shares?
The USA based company Mueller Water Products Inc (MWA) is one of the biggest names in Specialty Industrial Machinery. When comparing Mueller Water Products Inc shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 31.90, there is a growth in quarterly earnings of 145.45%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.51%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 92.18% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
MWA shares are owned by institutional investors to the tune of 92.18% at present.
