Analyst Expects Mueller Water Products Inc (NYSE: MWA) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Earlier, Yahoo Finance discussed this stock as it revealed Mueller Water Products Announces Dates for First Quarter 2024 Earnings Release and Conference Call.

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Stocks Info

As a NYSE listed company, MWA falls under the Industrials sector while operating within the Specialty Industrial Machinery industry segment. At the end of the last regular session, the stock closed at $13.92 and fluctuated between $13.94 as its day high and $13.69 as its day low. The current market capitalization of Mueller Water Products Inc is $2.17B. A total of 0.61 million shares were traded on the day, compared to an average of 830.52K shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, MWA has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 20 BUYs and 7 SELLs from insiders. Insiders purchased 382,993 shares during that period but sold 68,188.

In the most recent transaction, THOMAS LYDIA W sold 5,961 shares of MWA for 13.95 per share on Jan 19. After the transaction, the Director now owns 128,138 company shares. In a previous transaction on Jan 10, HANSEN THOMAS J sold 6,044 shares at 13.77 per share. MWA shares that Director owns now total 94,525.

Among the insiders who sold shares, OBRIEN MARK J disposed of 6,041 shares on Jan 10 at a per-share price of $13.78. This resulted in the Director holding 134,916 shares of MWA after the transaction. In another insider transaction, TOKARZ MICHAEL T sold 13,269 shares at $13.08 per share on Sep 12. Company shares held by the Director now total 392,502.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Mueller Water Products Inc pays an annual dividend of $0.25, resulting in a dividend yield of 1.77%, and it has a price to earnings (P/E) ratio of 25.56. MWA’s most recent ex-dividend date was 2/8/2024 when it declared a $0.0640 quarterly dividend that was paid in cash on 2/20/2024. Previously, the company paid the dividend on 11/20/2023 with an ex-dividend date of 11/8/2023. The MWA stock dividend was $0.0640 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for MWA in the last 3 months, the mean price target is $15.90 with high estimates of $19.00 and low estimates of $14.00. In terms of 52-week highs and lows, MWA has a high of $16.62 and a low of $12.11.

As of this writing, MWA has an earnings estimate of $0.08 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.1 per share and a lower estimate of $0.06. The company reported an EPS of $0.18 in the last quarter, which was -10.00% lower than expectations of $0.2.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. MWA’s latest balance sheet shows that the firm has $227.50M in Cash & Short Term Investments as of fiscal 2021. There were $475.50M in debt and $220.10M in liabilities at the time. Its Book Value Per Share was $4.56, while its Total Shareholder’s Equity was $694.90M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MWA is Buy with a score of 3.67.

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