Forecasting The Future: 4 Analyst Projections For Mueller Water Products
Portfolio Pulse from Benzinga Insights
Over the past three months, four analysts have evaluated Mueller Water Products (NYSE:MWA), with ratings ranging from bullish to bearish. The average 12-month price target has increased by 8.54% to $22.25. Analysts from TD Cowen, RBC Capital, and Oppenheimer have raised their price targets, reflecting positive sentiment. Mueller Water Products has shown strong financial performance with a 9.22% revenue growth rate, a net margin of 13.26%, and a return on equity of 6.12%. However, the company's debt-to-equity ratio is higher than the industry average.
August 09, 2024 | 12:00 pm
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Analysts have raised their price targets for Mueller Water Products, reflecting positive sentiment. The average 12-month price target is now $22.25, up 8.54%. The company has shown strong financial performance but has a higher debt-to-equity ratio.
The increase in price targets by multiple analysts indicates a positive outlook for Mueller Water Products. The company's strong financial performance, including revenue growth and high net margin, supports this sentiment. However, the higher debt-to-equity ratio is a concern that investors should monitor.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100