Mueller Water Products (NYSE:MWA) Posts Earnings Results, Beats Estimates By $0.06 EPS

Mueller Water Products (NYSE:MWAGet Free Report) issued its quarterly earnings data on Tuesday. The industrial products company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.06, Zacks reports. Mueller Water Products had a return on equity of 19.38% and a net margin of 8.82%. During the same quarter last year, the business posted $0.13 EPS. Mueller Water Products updated its FY 2025 guidance to EPS.

Mueller Water Products Price Performance

Shares of Mueller Water Products stock traded up $0.09 during midday trading on Thursday, hitting $27.02. 354,683 shares of the company were exchanged, compared to its average volume of 1,359,617. The company has a debt-to-equity ratio of 0.55, a current ratio of 3.33 and a quick ratio of 2.16. The firm has a market cap of $4.23 billion, a P/E ratio of 37.33, a PEG ratio of 1.31 and a beta of 1.38. Mueller Water Products has a 52 week low of $13.64 and a 52 week high of $28.25. The firm has a 50 day simple moving average of $23.45 and a 200-day simple moving average of $22.31.

Mueller Water Products Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Monday, February 10th will be given a dividend of $0.067 per share. The ex-dividend date is Monday, February 10th. This represents a $0.27 annualized dividend and a dividend yield of 0.99%. Mueller Water Products’s dividend payout ratio (DPR) is presently 36.99%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on MWA. Oppenheimer reissued an “outperform” rating and set a $27.00 price objective (up previously from $26.00) on shares of Mueller Water Products in a report on Friday, November 8th. StockNews.com lowered Mueller Water Products from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 30th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $22.20.

Check Out Our Latest Research Report on MWA

Insider Buying and Selling

In other news, SVP Todd P. Helms sold 57,948 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $25.69, for a total transaction of $1,488,684.12. Following the completion of the sale, the senior vice president now owns 43,224 shares in the company, valued at $1,110,424.56. The trade was a 57.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Lydia W. Thomas sold 10,791 shares of the business’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $24.40, for a total value of $263,300.40. Following the sale, the director now owns 136,405 shares of the company’s stock, valued at approximately $3,328,282. The trade was a 7.33 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 98,433 shares of company stock worth $2,494,144 in the last 90 days. 1.10% of the stock is owned by company insiders.

Mueller Water Products Company Profile

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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.

See Also

Earnings History for Mueller Water Products (NYSE:MWA)

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