Wall Street Analyst Downgrade Mueller Water Products Inc [MWA]. What else is Wall St. saying

MDB

Mueller Water Products Inc [NYSE: MWA] closed the trading session at $22.16.

The stocks have a year to date performance of 53.89 percent and weekly performance of 3.70 percent. The stock has been moved at 42.88 percent over the last six months. The stock has performed 14.11 percent around the most recent 30 days and changed 19.59 percent over the most recent 3-months.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

If compared to the average trading volume of 1.31M shares, MWA reached to a volume of 3682355 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about 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 $23.17 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 2.33. 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.

TD Cowen have made an estimate for Mueller Water Products Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on August 09, 2024. The new note on the price target was released on April 18, 2024, representing the official price target for Mueller Water Products Inc stock. On May 05, 2023, analysts increased their price target for MWA shares from 11 to 19.

The Average True Range (ATR) for Mueller Water Products Inc is set at 0.50, with the Price to Sales ratio for MWA stock in the period of the last 12 months amounting to 2.72. The Price to Book ratio for the last quarter was 4.36, with the Price to Cash per share for the same quarter was set at 1.56. Price to Free Cash Flow for MWA in the course of the last twelve months was 21.33 with Quick ratio for the last quarter at 2.31.

MWA stock trade performance evaluation

Mueller Water Products Inc [MWA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.70. With this latest performance, MWA shares gained by 14.11% in over the last four-week period, additionally plugging by 42.88% over the last 6 months – not to mention a rise of 72.05% 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 62.90, with the RSI for the last a single of trading hit 63.60, and the three-weeks RSI is set at 61.64 for Mueller Water Products Inc [MWA]. The present Moving Average for the last 50 days of trading for this stock 20.62, while it was recorded at 22.02 for the last single week of trading, and 17.49 for the last 200 days.

Mueller Water Products Inc [MWA]: An insightful look at the core fundamentals

Mueller Water Products Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.31 and a Current Ratio set at 3.70.

Earnings per share (EPS) analysis for Mueller Water Products Inc [MWA] stock

With the latest financial reports released by the company, Mueller Water Products Inc posted 0.19/share EPS, while the average EPS was predicted by analysts to be reported at 0.14/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.05. 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 15.00%.

Mueller Water Products Inc [MWA]: Institutional Ownership

There are presently around $96.19%, or 98.10%% of MWA stock, in the hands of institutional investors. The top three institutional holders of MWA stocks are: VANGUARD GROUP INC with ownership of 15.9 million shares, which is approximately 10.1902%. BLACKROCK INC., holding 13.55 million shares of the stock with an approximate value of $$242.79 million in MWA stocks shares; and BLACKROCK INC., currently with $$140.26 million in MWA stock with ownership which is approximately 5.0174%.