Mueller Water Products Inc (MWA) recent activity suggests a positive outlook with the last week’s performance of -0.32%

Mueller Water Products Inc (NYSE: MWA) kicked off on Tuesday, down -0.45% from the previous trading day ,before settling in for the closing price of $15.58. Over the past 52 weeks, MWA has traded in a range of $12.11-$16.93.

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A company in the Industrials sector has jumped its sales by 7.01% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 7.67%. With a float of $153.30 million, this company’s outstanding shares have now reached $155.87 million.

In an organization with 3200 employees, it is important to assess its efficiency.

Mueller Water Products Inc (MWA) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Specialty Industrial Machinery Industry. The insider ownership of Mueller Water Products Inc is 1.84%, while institutional ownership is 93.91%. The most recent insider transaction that took place on Mar 01 ’24, was worth 154,200. In this transaction Director of this company bought 10,000 shares at a rate of $15.42, taking the stock ownership to the 80,603 shares. Before that another transaction happened on Feb 28 ’24, when Company’s SVP Water Management Solutions sold 6,658 for $15.62, making the entire transaction worth $104,013. This insider now owns 34,196 shares in total.

Mueller Water Products Inc (MWA) Latest Financial update

In the latest quarterly report, which was put into the public domain on 12/30/2023, the organization reported $0.13 earnings per share (EPS), higher than consensus estimate (set at $0.08) by $0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 7.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to -3.78% drop over the previous five years of trading.

Mueller Water Products Inc (NYSE: MWA) Trading Performance Indicators

Take a look at Mueller Water Products Inc’s (MWA) current performance indicators. Last quarter, stock had a quick ratio of 1.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.99. Likewise, its price to free cash flow for the trailing twelve months is 17.30.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.49, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.79 in one year’s time.

Technical Analysis of Mueller Water Products Inc (MWA)

Let’s dig in a bit further. During the last 5-days, its volume was 0.81 million. That was inferior than the volume of 0.96 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 20.93%. Additionally, its Average True Range was 0.28.

During the past 100 days, Mueller Water Products Inc’s (MWA) raw stochastic average was set at 63.12%, which indicates a significant increase from 18.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.96% in the past 14 days, which was lower than the 27.94% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $15.32, while its 200-day Moving Average is $14.26. However, in the short run, Mueller Water Products Inc’s stock first resistance to watch stands at $15.67. Second resistance stands at $15.83. The third major resistance level sits at $15.96. If the price goes on to break the first support level at $15.37, it is likely to go to the next support level at $15.24. The third support level lies at $15.08 if the price breaches the second support level.

Mueller Water Products Inc (NYSE: MWA) Key Stats

The company with the Market Capitalisation of 2.42 billion has total of 156,177K Shares Outstanding. Its annual sales at the moment are 1,276 M in contrast with the sum of 85,500 K annual income. Company’s last quarter sales were recorded 256,400 K and last quarter income was 14,300 K.