Mueller Water Products Inc [NYSE: MWA] price plunged by -0.62 percent to reach at -$0.17.
The one-year MWA stock forecast points to a potential upside of 5.69. The average equity rating for MWA stock is currently 2.33, trading closer to a bullish pattern in the stock market.
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 $28.67 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 0.95, with the Price to Sales ratio for MWA stock in the period of the last 12 months amounting to 3.11. The Price to Book ratio for the last quarter was 5.08, with the Price to Cash per share for the same quarter was set at 2.16. Price to Free Cash Flow for MWA in the course of the last twelve months was 24.84 with Quick ratio for the last quarter at 2.38.
MWA Stock Performance Analysis:
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 4.04. With this latest performance, MWA shares gained by 11.23% in over the last four-week period, additionally plugging by 22.19% over the last 6 months – not to mention a rise of 69.96% 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 60.64, with the RSI for the last a single of trading hit 66.35, and the three-weeks RSI is set at 57.60 for Mueller Water Products Inc [MWA]. The present Moving Average for the last 50 days of trading for this stock 25.75, while it was recorded at 26.64 for the last single week of trading, and 23.37 for the last 200 days.
Insight into Mueller Water Products Inc Fundamentals:
Mueller Water Products Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.38 and a Current Ratio set at 3.83.
MWA Stock EPS
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 13.40%.
Mueller Water Products Inc [MWA] Institutonal Ownership Details
The top three institutional holders of MWA stocks are: VANGUARD GROUP INC with ownership of 15.9 million shares, which is approximately 10.2098%. 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 5.0271%.
