Media stories about Mueller Water Products (NYSE:MWA) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog 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 media sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 45.1769200556107 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- Brokerages Expect Mueller Water Products, Inc. (MWA) Will Post Quarterly Sales of $177.54 Million (americanbankingnews.com)
- Mueller Water Products Inc.: Title Mueller Water Products Announces Dates for First Quarter 2018 Earnings Release and Conference Call (twst.com)
- Brokerages Anticipate Mueller Water Products, Inc. (MWA) Will Announce Earnings of $0.06 Per Share (americanbankingnews.com)
Shares of Mueller Water Products (MWA) traded up $0.19 during trading on Friday, hitting $12.66. The stock had a trading volume of 1,341,005 shares, compared to its average volume of 781,298. The company has a current ratio of 4.73, a quick ratio of 3.75 and a debt-to-equity ratio of 0.97. Mueller Water Products has a 1-year low of $10.84 and a 1-year high of $14.02. The firm has a market capitalization of $1,977.00, a PE ratio of 16.66, a PEG ratio of 1.55 and a beta of 1.33.
Mueller Water Products (NYSE:MWA) last announced its quarterly earnings data on Wednesday, November 1st. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.15. Mueller Water Products had a return on equity of 15.43% and a net margin of 14.93%. The business had revenue of $226.90 million during the quarter, compared to analyst estimates of $227.14 million. During the same period last year, the company earned $0.17 earnings per share. Mueller Water Products’s quarterly revenue was up 5.2% compared to the same quarter last year. research analysts anticipate that Mueller Water Products will post 0.54 earnings per share for the current fiscal year.
MWA has been the topic of several research analyst reports. Royal Bank of Canada reiterated a “buy” rating and set a $14.00 price target on shares of Mueller Water Products in a research report on Wednesday, October 11th. Robert W. Baird reiterated a “hold” rating and set a $14.00 price target on shares of Mueller Water Products in a research report on Wednesday, October 4th. Boenning Scattergood reissued a “buy” rating and set a $14.00 price objective on shares of Mueller Water Products in a research note on Thursday, November 2nd. Cowen reissued a “hold” rating and set a $12.00 price objective on shares of Mueller Water Products in a research note on Thursday, September 21st. Finally, Oppenheimer reissued an “outperform” rating and set a $15.00 price objective on shares of Mueller Water Products in a research note on Thursday, December 28th. They noted that the move was a valuation call. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Mueller Water Products presently has an average rating of “Buy” and an average price target of $14.00.
In other Mueller Water Products news, CFO Evan Hart sold 49,883 shares of the firm’s stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $12.28, for a total transaction of $612,563.24. Following the transaction, the chief financial officer now directly owns 145,530 shares in the company, valued at $1,787,108.40. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Chairman Gregory E. Hyland sold 50,000 shares of the firm’s stock in a transaction dated Wednesday, November 22nd. The shares were sold at an average price of $12.27, for a total value of $613,500.00. Following the transaction, the chairman now owns 979,481 shares in the company, valued at $12,018,231.87. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 693,656 shares of company stock valued at $8,514,160. 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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