Thursday, November 26, 2020

Mueller Water Products Inc. [MWA] is -25.04% lower this YTD. Is it still time to buy?

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Mueller Water Products Inc. [NYSE: MWA] price plunged by -6.85 percent to reach at -$0.66. A sum of 2028956 shares traded at recent session while its average daily volume was at 1.11M shares. Mueller Water Products Inc. shares reached a high of $9.195 and dropped to a low of $8.92 until finishing in the latest session at $8.98.

The one-year MWA stock forecast points to a potential upside of 14.07. The average equity rating for MWA stock is currently 2.50, trading closer to a bullish pattern in the stock market.


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Guru’s Opinion on Mueller Water Products Inc. [MWA]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MWA shares is $10.45 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MWA stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Goldman have made an estimate for Mueller Water Products Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 08, 2020. The new note on the price target was released on March 26, 2020, representing the official price target for Mueller Water Products Inc. stock. On June 26, 2019, analysts decreased their price target for MWA shares from 10 to 8.

The Average True Range (ATR) for Mueller Water Products Inc. is set at 0.46, with the Price to Sales ratio for MWA stock in the period of the last 12 months amounting to 1.40. The Price to Book ratio for the last quarter was 2.34, with the Price to Cash per share for the same quarter was set at 0.70.

MWA Stock Performance Analysis:

Mueller Water Products Inc. [MWA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.18. With this latest performance, MWA shares gained by 10.18% in over the last four-week period, additionally sinking by -23.83% over the last 6 months – not to mention a drop of -6.46% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MWA stock in for the last two-week period is set at 45.56, with the RSI for the last a single of trading hit 40.55, and the three-weeks RSI is set at 47.76 for Mueller Water Products Inc. [MWA]. The present Moving Average for the last 50 days of trading for this stock 8.91, while it was recorded at 9.89 for the last single week of trading, and 10.58 for the last 200 days.

Insight into Mueller Water Products Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Mueller Water Products Inc. [MWA] shares currently have an operating margin of +14.28 and a Gross Margin at +33.15. Mueller Water Products Inc.’s Net Margin is presently recorded at +6.59.

Return on Total Capital for MWA is now 13.49, given the latest momentum, and Return on Invested Capital for the company is 6.25. Return on Equity for this stock inclined to 11.06, with Return on Assets sitting at 4.80. When it comes to the capital structure of this company, Mueller Water Products Inc. [MWA] has a Total Debt to Total Equity ratio set at 75.63. Additionally, MWA Total Debt to Total Capital is recorded at 43.06, with Total Debt to Total Assets ending up at 32.61. Long-Term Debt to Equity for the company is recorded at 75.48, with the Long-Term Debt to Total Capital now at 42.98.

Reflecting on the efficiency of the workforce at the company, Mueller Water Products Inc. [MWA] managed to generate an average of $20,581 per employee. Receivables Turnover for the company is 5.66 with a Total Asset Turnover recorded at a value of 0.73.Mueller Water Products Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.30 and a Current Ratio set at 3.90.

MWA Stock EPS

With the latest financial reports released by the company, Mueller Water Products Inc. posted 0.24/share EPS, while the average EPS was predicted by analysts to be reported at 0.2/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 20.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MWA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Mueller Water Products Inc. go to 10.00%.

Mueller Water Products Inc. [MWA] Insider Position Details

There are presently around $1,363 million, or 94.40% of MWA stock, in the hands of institutional investors. The top three institutional holders of MWA stocks are: VANGUARD GROUP INC with ownership of 14,536,495, which is approximately 1.115% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 11,961,099 shares of the stock with an approximate value of $115.31 million in MWA stocks shares; and IMPAX ASSET MANAGEMENT GROUP PLC, currently with $112.1 million in MWA stock with ownership of nearly 8.676% of the company’s market capitalization.

Positions in Mueller Water Products Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 97 institutional holders increased their position in Mueller Water Products Inc. [NYSE:MWA] by around 9,523,223 shares. Additionally, 97 investors decreased positions by around 10,524,341 shares, while 27 investors held positions by with 121,360,728 shares. The mentioned changes placed institutional holdings at 141,408,292 shares, according to the latest SEC report filing. MWA stock had 30 new institutional investments in for a total of 3,185,426 shares, while 21 institutional investors sold positions of 607,976 shares during the same period.

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