Don't Miss Today's Strong And Under The Radar Stock: Mueller Water Products (MWA)
Trade-Ideas LLC identified
(
) as a strong and under the radar candidate. In addition to specific proprietary factors, Trade-Ideas identified Mueller Water Products as such a stock due to the following factors:
- MWA has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $9.9 million.
- MWA has traded 25.731300000000000949285094975493848323822021484375 options contracts today.
- MWA is making at least a new 3-day high.
- MWA has a PE ratio of 31.
- MWA is mentioned 0.90 times per day on StockTwits.
- MWA has not yet been mentioned on StockTwits today.
- MWA is currently in the upper 20% of its 1-year range.
- MWA is in the upper 35% of its 20-day range.
- MWA is in the upper 45% of its 5-day range.
- MWA is currently trading above yesterday's high.
'Strong and Under the Radar' stocks tend to be worthwhile stocks to watch for a variety of factors including historical back testing and price action. Market technicians refer to such stocks as being in an accumulation phase before a mark-up and peak. Traders and hedge funds have frequently found that these types of stocks continue to build a solid price base and then ultimately spike higher and peak when others 'discover' how good the stock is performing. By leveraging the social discovery aspect of StockTwits we are highlighting stocks that don't currently receive much attention from retail investors, but we suspect may soon garner more attention.
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More details on MWA:
Mueller Water Products, Inc. manufactures and markets products and services for the use in transmission, distribution, and measurement of water in the United States, Canada, China, and Australia. The company operates in three segments: Mueller Co., Anvil, and Mueller Technologies. The stock currently has a dividend yield of 1%. MWA has a PE ratio of 31. Currently there are 7 analysts that rate Mueller Water Products a buy, no analysts rate it a sell, and 5 rate it a hold.
The average volume for Mueller Water Products has been 1.2 million shares per day over the past 30 days. Mueller Water has a market cap of $1.9 billion and is part of the industrial goods sector and industrial industry. The stock has a beta of 1.38 and a short float of 2.8% with 4.83 days to cover. Shares are up 33.8% year-to-date as of the close of trading on Monday.
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Analysis:
rates Mueller Water Products as a
. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, good cash flow from operations, notable return on equity, solid stock price performance and impressive record of earnings per share growth. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
Highlights from the ratings report include:
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Machinery industry. The net income increased by 27.6% when compared to the same quarter one year prior, rising from $12.30 million to $15.70 million.
- Net operating cash flow has significantly increased by 137.28% to $4.40 million when compared to the same quarter last year. In addition, MUELLER WATER PRODUCTS INC has also vastly surpassed the industry average cash flow growth rate of -8.63%.
- Current return on equity exceeded its ROE from the same quarter one year prior. This is a clear sign of strength within the company. Compared to other companies in the Machinery industry and the overall market on the basis of return on equity, MUELLER WATER PRODUCTS INC has underperformed in comparison with the industry average, but has exceeded that of the S&P 500.
- Investors have apparently begun to recognize positive factors similar to those we have mentioned in this report, including earnings growth. This has helped drive up the company's shares by a sharp 33.64% over the past year, a rise that has exceeded that of the S&P 500 Index. We feel that the stock's sharp appreciation over the last year has driven it to a price level which is now somewhat expensive compared to the rest of its industry. The other strengths this company shows, however, justify the higher price levels.
- MUELLER WATER PRODUCTS INC has improved earnings per share by 25.0% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, MUELLER WATER PRODUCTS INC reported lower earnings of $0.19 versus $0.34 in the prior year. This year, the market expects an improvement in earnings ($0.48 versus $0.19).
- You can view the full Mueller Water Products Ratings Report.
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