Somewhat Positive Press Coverage Somewhat Unlikely to Impact Mueller Water Products (MWA) Stock Price

Media coverage about Mueller Water Products (NYSE:MWA) has trended somewhat positive recently, Accern reports. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Mueller Water Products earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 46.2142994604876 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Shares of Mueller Water Products (NYSE:MWA) opened at $12.66 on Friday. The company has a market capitalization of $2,010.00, a price-to-earnings ratio of 37.24, a P/E/G ratio of 1.56 and a beta of 1.33. Mueller Water Products has a 12-month low of $10.84 and a 12-month high of $14.02. The company has a debt-to-equity ratio of 0.97, a current ratio of 4.73 and a quick ratio of 3.75.

Mueller Water Products (NYSE:MWA) last released its quarterly earnings results on Wednesday, November 1st. The industrial products company reported $0.15 EPS for the quarter, meeting analysts’ consensus estimates of $0.15. The business had revenue of $226.90 million during the quarter, compared to analyst estimates of $227.14 million. Mueller Water Products had a return on equity of 15.43% and a net margin of 14.93%. Mueller Water Products’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.17 EPS. equities analysts anticipate that Mueller Water Products will post 0.54 earnings per share for the current fiscal year.

A number of equities analysts have recently weighed in on the company. Oppenheimer reaffirmed an “outperform” rating and set a $15.00 target price on shares of Mueller Water Products in a research report on Thursday, December 28th. They noted that the move was a valuation call. Robert W. Baird reaffirmed a “hold” rating and set a $14.00 target price on shares of Mueller Water Products in a research report on Friday, November 10th. Boenning Scattergood reaffirmed a “buy” rating and set a $14.00 target price on shares of Mueller Water Products in a research report on Thursday, November 2nd. Royal Bank of Canada reaffirmed a “buy” rating and set a $14.00 target price on shares of Mueller Water Products in a research report on Wednesday, October 11th. Finally, Cowen reaffirmed a “hold” rating and set a $12.00 target price on shares of Mueller Water Products in a research report on Thursday, September 21st. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $14.00.

In related news, insider Gregory E. Hyland sold 84,514 shares of the stock in a transaction on Friday, November 24th. The stock was sold at an average price of $12.27, for a total value of $1,036,986.78. Following the completion of the sale, the insider now directly owns 979,481 shares of the company’s stock, valued at approximately $12,018,231.87. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Evan Hart sold 100,000 shares of the stock in a transaction 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 completion of the sale, the chief financial officer now directly owns 275,058 shares of the company’s stock, valued at $3,429,973.26. The disclosure for this sale can be found here. Insiders sold a total of 693,656 shares of company stock valued at $8,514,160 over the last three months. 3.00% of the stock is currently owned by insiders.

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Mueller Water Products Company Profile

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.

Insider Buying and Selling by Quarter for Mueller Water Products (NYSE:MWA)

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