Mueller Water Products Inc (NYSE: MWA)’s Stock Performance and Outlook

In the latest trading session, 1.84 million Mueller Water Products Inc (NYSE:MWA) shares changed hands as the company’s beta touched 1.31. With the company’s most recent per share price at $17.86 changing hands around $1.31 or 7.95% at last look, the market valuation stands at $2.79B. MWA’s last price was a premium, traded about 5.21% off its 52-week high of $16.93. The share price had its 52-week low at $12.11, which suggests the last value was 32.19% up since then. When we look at Mueller Water Products Inc’s average trading volume, we note the 3-month average coming to 1.25 million.

Mueller Water Products Inc (NYSE:MWA) trade information

Instantly MWA is in green as seen in intraday trades today. With action 12.78%, the performance over the past five days has been green. The jump to weekly highs of 18.99 added 7.95% to the stock’s daily price. The company’s shares are showing year-to-date upside of 24.06%, with the 5-day performance at 12.78% in the green. However, in the 30-day time frame, Mueller Water Products Inc (NYSE:MWA) is 14.67% up.

Mueller Water Products Inc (MWA) estimates and forecasts

Data shows that the Mueller Water Products Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 37.21% over the past 6 months, a 9.52% in annual growth rate that is considerably higher than the industry average of -9.50%. Year-over-year growth is forecast to reach -4.50% down from the last financial year.

Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of 324.63M. 6 analysts are of the opinion that Mueller Water Products Inc’s revenue for the current quarter will be 338.19M. The estimates for the next quarter sales put growth at 12.20%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -3.78%. The 2024 estimates are for Mueller Water Products Inc earnings to increase by 7.67%, but the outlook for the next 5-year period is at 10.00% per year.

MWA Dividends

Mueller Water Products Inc is expected to release its next quarterly earnings report in June. The 1.40% annual yield figure for the share gives it an annual dividend of 0.25. It is important to note, however, that the 1.40% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.