Analyst Ratings for Mueller Water Products Inc. (MWA)Updated: 2017-07-27
Analysts covering Mueller Water Products Inc. (NYSE:MWA) have given it a consensus rating of Overweight. A consensus rating of Overweight was previously issued for MWA last month.
12 analysts issued ratings on the stock, where 8 gave MWA a buy rating, 0 issued an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for MWA. The highest price target was 16, implying potential capital gains of 39.25 percent. The most pessimistic analyst gave a price target of 12, implying potential capital losses of 4.44 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -11.11 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -7.21 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.
MWA has an estimated earnings growth rate of 39.14 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. MWA has a PEG ratio of 0.91.
In the trailing 52-weeks, MWA hit 14.20 at the highest peak, while it's lowest trading point was 10.45. The current market price is above the trailing year's low by 9.95 percent, and 19.08 percent lower than its 52-week high. MWA has a P/E ratio of 35.55. Investors typically compare the P/E ratio to a company's peers in the industry. The MWA value stock report compares MWA to some of its peers using value stock charts. The market cap of MWA is $1.82 billion. MWA's next earnings release will be on 0000-00-00, which is days away.