Media headlines about Mueller Water Products (NYSE:MWA) have been trending somewhat positive on Thursday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Mueller Water Products earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news articles about the industrial products company an impact score of 46.6185055968238 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Mueller Water Products (NYSE:MWA) opened at $11.13 on Thursday. The company has a market cap of $1,782.81, a PE ratio of 10.50, a price-to-earnings-growth ratio of 1.65 and a beta of 1.20. The company has a debt-to-equity ratio of 0.89, a quick ratio of 4.68 and a current ratio of 6.19. Mueller Water Products has a 52 week low of $10.54 and a 52 week high of $12.99.
Mueller Water Products (NYSE:MWA) last released its earnings results on Thursday, February 1st. The industrial products company reported $0.06 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.06. The firm had revenue of $178.30 million for the quarter, compared to analysts’ expectations of $176.13 million. Mueller Water Products had a net margin of 20.51% and a return on equity of 15.25%. Mueller Water Products’s quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter last year, the company earned $0.04 EPS. equities research analysts forecast that Mueller Water Products will post 0.54 earnings per share for the current year.
Several analysts recently weighed in on MWA shares. Robert W. Baird reiterated a “hold” rating and issued a $14.00 price objective on shares of Mueller Water Products in a research report on Friday, November 10th. Boenning Scattergood reiterated a “buy” rating and issued a $14.00 price objective on shares of Mueller Water Products in a research report on Thursday, November 2nd. Cowen downgraded shares of Mueller Water Products from a “market perform” rating to an “underperform” rating and set a $11.00 price objective on the stock. in a research report on Friday, January 19th. Oppenheimer reissued an “outperform” rating and set a $15.00 target price on shares of Mueller Water Products in a research note on Thursday, December 28th. They noted that the move was a valuation call. Finally, Nomura lowered their target price on shares of Mueller Water Products from $17.00 to $15.00 and set a “buy” rating on the stock in a research note on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $13.88.
In other news, CFO Evan Hart sold 100,000 shares of Mueller Water Products stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $12.47, for a total value of $1,247,000.00. Following the transaction, the chief financial officer now owns 275,058 shares of the company’s stock, valued at approximately $3,429,973.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Gregory E. Hyland sold 84,514 shares of Mueller Water Products stock in a transaction that occurred on Friday, November 24th. The stock was sold at an average price of $12.27, for a total transaction of $1,036,986.78. Following the completion of the transaction, the insider now directly owns 979,481 shares in the company, valued at approximately $12,018,231.87. The disclosure for this sale can be found here. In the last three months, insiders have sold 426,640 shares of company stock worth $5,273,096. 3.00% of the stock is owned by corporate insiders.
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About Mueller Water Products
Mueller Water Products, Inc is a manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America. The Company operates through three segments: Mueller Co, Anvil and Mueller Technologies. The Mueller Co segment manufactures valves for water and gas systems, and dry-barrel and wet-barrel fire hydrants.
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