MUELLER WATER PRODUCTS which can be found using ticker (MWA) have now 8 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 18 and 11 calculating the average target price we see $14.31. Given that the stocks previous close was at $13.56 this indicates there is a potential upside of 5.5%. It’s also worth noting that there is a 50 day moving average of $13.55 while the 200 day moving average is $11.99. The market capitalization for the company is $2,119m. Company Website: https://www.muellerwaterproducts.com
The potential market cap would be $2,236m based on the market consensus.
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. The company operates in two segments, Water Flow Solutions and Water Management Solutions. The Water Flow Solutions segment provides iron gate and specialty valves, and service brass products; and valves for water systems, such as iron gate, butterfly, tapping, check, knife, plug, and ball valves, which are used to control distribution and transmission of potable water and non-potable water, as well as in water transmission or distribution, water treatment facilities, or industrial applications. The Water Management Solutions segment offers dry-barrel and wet-barrel fire hydrants for water infrastructure development, fire protection systems, and water infrastructure repair and replacement projects; pipe repair products, such as couplings, grips, and clamps used to repair leaks; residential, fire line, and commercial water metering products, systems, and services; water leak detection and pipe condition assessment products and services; machines and tools for tapping, drilling, extracting, installing, and stopping-off; gas valve products for use in gas distribution systems; and intelligent water solutions, including pressure control valves, advanced pressure management, network analytics, event management, and date logging. It sells its products under the Canada Valve, Centurion, Ez-Max, Hydro Gate, Hydro-Guard, HYMAX, HYMAX VERSA, Jones, Krausz, Milliken, Mueller, Pratt, Pratt Industrial, Repamax, Repaflex, Singer, Echologics, Echoshore, ePulse, Hersey, i2O Water Ltd, LeakFinderRT, LeakFinderST, LeakListener, LeakTuner, Mi.Echo, Mi.Data, Mi.Hydrant, Mi.Net, Mueller Systems, Sentryx, and U.S. Pipe Valve and Hydrant brands. The company was founded in 1857 and is headquartered in Atlanta, Georgia.
The company has a dividend yield of 1.8% with the ex dividend date set at 9-2-2023 (DMY).
Other points of data to note are a P/E ratio of 27.12, revenue per share of 8.22 and a 5.31% return on assets.
