Alert: Positive Investment/Fundamental Signals (6/28/24)-Mueller Water Products Inc (NYSE: MWA)

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Extremely important positive changes in investment behavior have recently occurred for Mueller Water Products Inc (NYSE: MWA): positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.

Mueller Water Products Inc (NYSE: MWA). Notable positive changes in fundamentals have recently occurred: the consensus estimate for September, 2025 increased significantly, the consensus estimate for September, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

MWA’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

Mueller Water Products has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Mueller Water Products has a poor Appreciation Score of 20 but a good Power Rating of 76, and the Low Neutral Value Trend Rating results.

Recent Price Action

Mueller Water Products Inc (NYSE: MWA) stock increased 1.8% on 6/28/24. The shares closed at $17.92. Moreover, this advance was accompanied by exceptionally high trading volume at 242% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 3.5% during the last week.

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