Mueller Water Products (MWA) Projected to Post Quarterly Earnings on Tuesday

Mueller Water Products (NYSE:MWA) is projected to issue its quarterly earnings data before the market opens on Tuesday, February 4th. Analysts expect the company to announce earnings of $0.19 per share and revenue of $293,122.80 billion for the quarter. Mueller Water Products has set its FY 2025 guidance at EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Mueller Water Products (NYSE:MWA) last posted its quarterly earnings data on Wednesday, November 6th. The industrial products company reported $0.22 EPS for the quarter, meeting analysts’ consensus estimates of $0.22. The firm had revenue of $348.20 million for the quarter, compared to the consensus estimate of $324.80 million. Mueller Water Products had a net margin of 8.82% and a return on equity of 19.38%. The firm’s revenue was up 15.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.19 EPS. On average, analysts expect Mueller Water Products to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Mueller Water Products Stock Performance

Shares of Mueller Water Products stock opened at $23.01 on Tuesday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 2.16 and a current ratio of 3.33. Mueller Water Products has a 1 year low of $13.49 and a 1 year high of $26.28. The firm’s 50-day simple moving average is $23.68 and its 200-day simple moving average is $22.11. The firm has a market cap of $3.60 billion, a PE ratio of 31.51, a price-to-earnings-growth ratio of 1.34 and a beta of 1.38.

Mueller Water Products Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Monday, February 10th will be paid a dividend of $0.067 per share. This represents a $0.27 annualized dividend and a yield of 1.16%. The ex-dividend date of this dividend is Monday, February 10th. Mueller Water Products’s payout ratio is currently 35.62%.

Insiders Place Their Bets

In other Mueller Water Products news, CAO Suzanne G. Smith sold 26,138 shares of the company’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $24.99, for a total value of $653,188.62. Following the completion of the transaction, the chief accounting officer now owns 9,378 shares in the company, valued at approximately $234,356.22. This represents a 73.59 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Lydia W. Thomas sold 10,791 shares of the stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $24.40, for a total value of $263,300.40. Following the completion of the transaction, the director now directly owns 136,405 shares of the company’s stock, valued at $3,328,282. This trade represents a 7.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 98,433 shares of company stock valued at $2,494,144 over the last three months. Company insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on MWA. StockNews.com downgraded Mueller Water Products from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 30th. Oppenheimer reissued an “outperform” rating and set a $27.00 target price (up from $26.00) on shares of Mueller Water Products in a report on Friday, November 8th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, Mueller Water Products has an average rating of “Hold” and a consensus price target of $22.20.

About Mueller Water Products

Mueller Water Products, Inc manufactures and markets products and services for the transmission, distribution, and measurement of water used by municipalities, and the residential and non-residential construction industries in the United States, Israel, and internationally. It operates in two segments, Water Flow Solutions and Water Management Solutions.