Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $12.72 on MUELLER WATER PRODUCTS (NYSE:MWA) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.49 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of MUELLER WATER PRODUCTS (NYSE:MWA) stands at 33.38.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For MUELLER WATER PRODUCTS Common S, the PEG ratio for coming 3-5 years is 2.00.

Technical Analysis

The technical analysis highlights that MUELLER WATER PRODUCTS Common S current is trading $0.45 points away or +3.81% from its 50-day moving average of $11.90. Further it is trading $1.80 or +17.07% away its 200-day moving average of $10.55.

The 52-week high of MUELLER WATER PRODUCTS (NYSE:MWA) was $12.54 while lowest point recorded in 52-week was $7.39. It implies if stock price makes a movement of over $-0.19, it will record a new 52-week high. In the case of +67.12% drop, it will touch a new 52-week low.

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