Mueller Water Products (MWA) Projected to Post Quarterly Earnings on Tuesday

Mueller Water Products (NYSE:MWAGet Free Report) is anticipated to issue its quarterly earnings data after the market closes on Tuesday, February 4th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $293.12 million for the quarter. Mueller Water Products has set its FY 2025 guidance at EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.

Mueller Water Products (NYSE:MWAGet Free Report) last announced its earnings results on Wednesday, November 6th. The industrial products company reported $0.22 earnings per share for the quarter, hitting the consensus estimate of $0.22. Mueller Water Products had a return on equity of 19.38% and a net margin of 8.82%. The firm had revenue of $348.20 million for the quarter, compared to the consensus estimate of $324.80 million. During the same period in the previous year, the business earned $0.19 EPS. The firm’s revenue for the quarter was up 15.5% on a year-over-year basis. On average, analysts expect Mueller Water Products to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Mueller Water Products Stock Performance

Mueller Water Products stock opened at $23.01 on Friday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 2.16 and a current ratio of 3.33. The stock has a market cap of $3.60 billion, a PE ratio of 31.52, a price-to-earnings-growth ratio of 1.30 and a beta of 1.38. The stock has a 50-day moving average of $23.50 and a two-hundred day moving average of $22.21. Mueller Water Products has a one year low of $13.49 and a one year high of $26.28.

Mueller Water Products Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Monday, February 10th will be given a $0.067 dividend. This represents a $0.27 annualized dividend and a dividend yield of 1.16%. The ex-dividend date is Monday, February 10th. Mueller Water Products’s payout ratio is currently 35.62%.

Insider Buying and Selling

In other Mueller Water Products news, Director Lydia W. Thomas sold 10,791 shares of the stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $24.40, for a total transaction of $263,300.40. Following the sale, the director now directly owns 136,405 shares of the company’s stock, valued at approximately $3,328,282. This trade represents a 7.33 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Suzanne G. Smith sold 26,138 shares of the company’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $24.99, for a total value of $653,188.62. Following the completion of the sale, the chief accounting officer now owns 9,378 shares in the company, valued at $234,356.22. The trade was a 73.59 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 98,433 shares of company stock worth $2,494,144. 1.10% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on MWA shares. StockNews.com downgraded shares of Mueller Water Products from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 30th. Oppenheimer reissued an “outperform” rating and set a $27.00 price objective (up from $26.00) on shares of Mueller Water Products in a report on Friday, November 8th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Mueller Water Products currently has an average rating of “Hold” and an average price target of $22.20.

Check Out Our Latest Research Report on Mueller Water Products

About Mueller Water Products

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Mueller Water Products, Inc manufactures and markets products and services for the transmission, distribution, and measurement of water used by municipalities, and the residential and non-residential construction industries in the United States, Israel, and internationally. It operates in two segments, Water Flow Solutions and Water Management Solutions.

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Earnings History for Mueller Water Products (NYSE:MWA)

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