Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Mueller Water Products (MWA) Stock Price

News headlines about Mueller Water Products (NYSE:MWA) have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Mueller Water Products earned a news impact score of 0.12 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 45.8832833517734 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the media headlines that may have impacted Accern’s analysis:

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Several equities analysts recently weighed in on MWA shares. Oppenheimer restated an “outperform” rating and set a $15.00 target price on shares of Mueller Water Products in a report on Thursday, December 28th. They noted that the move was a valuation call. Cowen restated a “sell” rating and set a $10.00 target price on shares of Mueller Water Products in a report on Monday, April 2nd. Nomura reduced their target price on shares of Mueller Water Products from $17.00 to $15.00 and set a “buy” rating on the stock in a report on Friday, February 2nd. Finally, Boenning Scattergood lowered shares of Mueller Water Products from an “outperform” rating to a “neutral” rating in a report on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. Mueller Water Products has an average rating of “Hold” and an average price target of $13.57.

Shares of MWA stock opened at $10.71 on Wednesday. Mueller Water Products has a 12 month low of $10.01 and a 12 month high of $12.99. The company has a current ratio of 6.19, a quick ratio of 4.68 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $1,673.27, a price-to-earnings ratio of 24.34, a PEG ratio of 1.29 and a beta of 1.19.

Mueller Water Products (NYSE:MWA) last issued its quarterly earnings data on Thursday, February 1st. The industrial products company reported $0.06 EPS for the quarter, hitting analysts’ consensus estimates of $0.06. Mueller Water Products had a net margin of 20.51% and a return on equity of 15.25%. The firm had revenue of $178.30 million for the quarter, compared to analyst estimates of $176.13 million. During the same quarter in the previous year, the business posted $0.04 EPS. The firm’s revenue was up 6.6% compared to the same quarter last year. sell-side analysts forecast that Mueller Water Products will post 0.54 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 21st. Shareholders of record on Thursday, May 10th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.87%. Mueller Water Products’s dividend payout ratio is currently 45.45%.

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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.

Insider Buying and Selling by Quarter for Mueller Water Products (NYSE:MWA)

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