On Friday, Mueller Industries, Inc (NYSE: MLI) was -4.14% drop from the session before settling in for the closing price of $91.70. A 52-week range for MLI has been $40.43 – $96.81.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 8.86%. When this article was written, the company’s average yearly earnings per share was at -1.89%. With a float of $109.71 million, this company’s outstanding shares have now reached $114.16 million.
The extent of productivity of a business whose workforce counts for 4509 workers is very important to gauge. In terms of profitability, gross margin is 27.28%, operating margin of 20.56%, and the pretax margin is 22.92%.
Mueller Industries, Inc (MLI) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Mueller Industries, Inc stocks. The insider ownership of Mueller Industries, Inc is 3.54%, while institutional ownership is 93.16%. The most recent insider transaction that took place on Nov 21 ’24, was worth 1,380,600. In this transaction Director of this company sold 15,000 shares at a rate of $92.04, taking the stock ownership to the 17,733 shares. Before that another transaction happened on Nov 21 ’24, when Company’s Director proposed sale 15,000 for $90.81, making the entire transaction worth $1,362,150.
Mueller Industries, Inc (MLI) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 1.24 earnings per share (EPS) during the time that was better than consensus figure (set at 0.65) by 0.59. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.31 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.00% during the next five years compared to 42.21% growth over the previous five years of trading.
Mueller Industries, Inc (NYSE: MLI) Trading Performance Indicators
You can see what Mueller Industries, Inc (MLI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.68. Likewise, its price to free cash flow for the trailing twelve months is 15.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.15, a number that is poised to hit 1.12 in the next quarter and is forecasted to reach 5.30 in one year’s time.
Technical Analysis of Mueller Industries, Inc (MLI)
The latest stats from [Mueller Industries, Inc, MLI] show that its last 5-days average volume of 1.06 million was superior to 0.73 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 30.04%. Additionally, its Average True Range was 2.85.
During the past 100 days, Mueller Industries, Inc’s (MLI) raw stochastic average was set at 78.31%, which indicates a significant increase from 39.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.92% in the past 14 days, which was higher than the 40.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $79.58, while its 200-day Moving Average is $63.74. Now, the first resistance to watch is $89.74. This is followed by the second major resistance level at $91.59. The third major resistance level sits at $93.70. If the price goes on to break the first support level at $85.78, it is likely to go to the next support level at $83.67. Assuming the price breaks the second support level, the third support level stands at $81.82.
Mueller Industries, Inc (NYSE: MLI) Key Stats
There are 113,735K outstanding shares of the company, which has a market capitalization of 9.58 billion. As of now, sales total 3,420 M while income totals 602,900 K. Its latest quarter income was 997,830 K while its last quarter net income were 168,700 K.
