Mueller Water Products Inc (MWA) average volume reaches $1.33M: Is Wall Street expecting a rally?

On Tuesday, Mueller Water Products Inc (NYSE: MWA) opened lower -0.85% from the last session, before settling in for the closing price of $22.26. Price fluctuations for MWA have ranged from $12.12 to $23.12 over the past 52 weeks.

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During the last 5-year period, the sales growth of Industrials Sector giant was 7.34%. Company’s average yearly earnings per share was noted 48.71% at the time writing. With a float of $153.17 million, this company’s outstanding shares have now reached $155.87 million.

Let’s determine the extent of company efficiency that accounts for 3200 employees. In terms of profitability, gross margin is 34.43%, operating margin of 14.54%, and the pretax margin is 12.6%.

Mueller Water Products Inc (MWA) Insider Activity

A key investor’s attitude towards the stock of the Specialty Industrial Machinery industry is another important factor to consider. The insider ownership of Mueller Water Products Inc is 1.69%, while institutional ownership is 92.26%. The most recent insider transaction that took place on Oct 07 ’24, was worth 24,739. In this transaction Director of this company bought 1,125 shares at a rate of $21.99, taking the stock ownership to the 5,025 shares. Before that another transaction happened on Aug 19 ’24, when Company’s Director sold 10,791 for $20.55, making the entire transaction worth $221,800. This insider now owns 102,792 shares in total.

Mueller Water Products Inc (MWA) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.19 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.14) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 48.71% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% 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

Check out the current performance indicators for Mueller Water Products Inc (MWA). In the past quarter, the stock posted a quick ratio of 2.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.71. Likewise, its price to free cash flow for the trailing twelve months is 21.24.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.79, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 1.04 in one year’s time.

Technical Analysis of Mueller Water Products Inc (MWA)

Looking closely at Mueller Water Products Inc (NYSE: MWA), its last 5-days average volume was 1.09 million, which is a drop from its year-to-date volume of 1.25 million. As of the previous 9 days, the stock’s Stochastic %D was 47.35%. Additionally, its Average True Range was 0.48.

During the past 100 days, Mueller Water Products Inc’s (MWA) raw stochastic average was set at 82.61%, which indicates a significant increase from 41.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.97% in the past 14 days, which was lower than the 27.45% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $21.12, while its 200-day Moving Average is $17.90. However, in the short run, Mueller Water Products Inc’s stock first resistance to watch stands at $22.19. Second resistance stands at $22.32. The third major resistance level sits at $22.40. If the price goes on to break the first support level at $21.99, it is likely to go to the next support level at $21.91. Should the price break the second support level, the third support level stands at $21.78.

Mueller Water Products Inc (NYSE: MWA) Key Stats

There are currently 155,713K shares outstanding in the company with a market cap of 3.44 billion. Presently, the company’s annual sales total 1,276 M according to its annual income of 85,500 K. Last quarter, the company’s sales amounted to 356,700 K and its income totaled 47,300 K.