Mueller Water Products (MWA) Earns Daily News Impact Rating of 0.17
News stories about Mueller Water Products (NYSE:MWA) have been trending somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. 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 coverage optimism score of 0.17 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 45.6840436253873 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- Zacks: Brokerages Expect Mueller Water Products (MWA) Will Post Quarterly Sales of $177.82 Million (americanbankingnews.com)
- Mueller Water Products, Inc. (MWA) Files 10-K for the Fiscal Year Ended on September 30, 2017 (finance.yahoo.com)
- $0.06 EPS Expected for Mueller Water Products (MWA) This Quarter (americanbankingnews.com)
- Mueller Water Products Breaks Above 200-Day Moving Average – Bullish for MWA (nasdaq.com)
Several analysts recently commented on the stock. Robert W. Baird reissued a “hold” rating and set a $14.00 price objective on shares of Mueller Water Products in a research report on Friday, November 10th. Boenning Scattergood reissued a “buy” rating and set a $14.00 price objective on shares of Mueller Water Products in a research report on Thursday, November 2nd. Royal Bank Of Canada reissued a “buy” rating and set a $14.00 price objective on shares of Mueller Water Products in a research report on Wednesday, October 11th. Cowen and Company reissued a “hold” rating and set a $12.00 price objective on shares of Mueller Water Products in a research report on Thursday, September 21st. Finally, BidaskClub downgraded shares of Mueller Water Products from a “buy” rating to a “hold” rating in a research report on Friday, August 25th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $13.75.
Mueller Water Products (NYSE MWA) traded up $0.18 on Wednesday, reaching $12.11. 1,251,400 shares of the company’s stock traded hands, compared to its average volume of 1,253,156. The company has a quick ratio of 4.63, a current ratio of 5.90 and a debt-to-equity ratio of 1.03. The company has a market cap of $1,891.98, a PE ratio of 27.74, a P/E/G ratio of 1.50 and a beta of 1.32. Mueller Water Products has a 1-year low of $10.84 and a 1-year high of $14.20.
Mueller Water Products (NYSE:MWA) last posted its earnings results on Wednesday, November 1st. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.15. The business had revenue of $226.90 million for the quarter, compared to analysts’ expectations of $227.14 million. Mueller Water Products had a net margin of 14.93% and a return on equity of 15.83%. The business’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.17 EPS. research analysts forecast that Mueller Water Products will post 0.53 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Monday, November 20th. Shareholders of record on Friday, November 10th were paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 1.32%. The ex-dividend date was Thursday, November 9th. Mueller Water Products’s dividend payout ratio is currently 21.05%.
In other Mueller Water Products news, CFO Evan Hart sold 167,016 shares of the company’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $12.11, for a total transaction of $2,022,563.76. Following the transaction, the chief financial officer now owns 355,862 shares in the company, valued at approximately $4,309,488.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 4.30% of the stock is currently owned by corporate 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.
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