ATLANTA, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA), a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water, announced today it has released its fourth Environmental, Social and Governance (ESG) report, sharing the company's ongoing progress to becoming a more sustainable, innovative and impactful organization. 2023 ESG Report Highlights Reduced Scope 1 and 2 emissions intensity by ~3 percent year-over-yea ...

Core Viewpoint - Mueller Water Products (MWA) has shown strong stock performance, with a 45.1% increase since the beginning of the year, outperforming both the Zacks Industrial Products sector and the Zacks Steel - Pipe and Tube industry [1][3]. Financial Performance - The company has consistently exceeded earnings expectations, reporting an EPS of $0.32 against a consensus estimate of $0.23 in its latest earnings report [2]. - For the current fiscal year, Mueller Water Products is projected to achieve earnings of $0.93 per share on revenues of $1.27 billion, reflecting a 47.62% increase in EPS despite a slight revenue decline of -0.27% [3]. - The next fiscal year forecasts an EPS of $1.06 and revenues of $1.35 billion, indicating year-over-year growth of 13.98% in EPS and 5.82% in revenues [3]. Valuation Metrics - The stock currently trades at a valuation of 22.5 times the current fiscal year EPS estimates, which is higher than the peer industry average of 16.2 times [7]. - On a trailing cash flow basis, the stock trades at 20.4 times, compared to the peer group's average of 10.6 times [7]. - The PEG ratio stands at 1.5, suggesting that the stock is not among the top tier from a value perspective [7]. Zacks Rank and Style Scores - Mueller Water Products holds a Zacks Rank of 1 (Strong Buy), supported by favorable earnings estimate revisions from analysts [8]. - The stock has a Value Score of D, while its Growth and Momentum Scores are A and B, respectively, resulting in a combined VGM Score of B [6][9]. - The alignment of a Zacks Rank of 1 and Style Scores of A or B indicates potential for further stock price appreciation in the near term [9].

For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Mueller Water Products (MWA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question. Mueller Water Products is a member of our Industri ...

ATLANTA, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) today announced that its management team will participate in the Raymond James Industrial and Energy Showcase (virtual) on August 8, 2024, with management hosting investor meetings. The presentation will be available on the Investor Relations section of the Company's website www.muellerwaterproducts.com. About Mueller Water Products, Inc. Mueller Water Products, Inc. is a leading manufacturer and marketer of products and ser ...

Company Overview - Mueller Water Products, Inc. is a leading manufacturer and marketer of products and services for the transmission, distribution, and measurement of water in North America [2] - The company's product portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, pipe condition assessment, pressure management products, and software technology [2] - Mueller Water Products aims to help municipalities increase operational efficiencies, improve customer service, and prioritize capital spending [2] Recent Developments - The management team of Mueller Water Products will participate in the Raymond James Industrial and Energy Showcase virtually on August 8, 2024, hosting investor meetings [1] - The presentation will be accessible on the Investor Relations section of the company's website [1]

Where Intelligence Meets Infrastructure® Earnings Conference Call 2024 Third Quarter June 30, 2024 August 6, 2024 These slides are not intended to be a stand-alone presentation, but are for use in conjunction with the earnings call Non-GAAP Measures In an effort to provide investors with additional information regarding the Company's results as determined by accounting principles generally accepted in the United States ("GAAP"), the Company also provides non-GAAP information that management believes is usef ...

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Revenues are expected to be $332.1 million, up 1.7% from the year-ago quarter. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. The Zacks Earnings ESP ...

ATLANTA, July 24, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) plans to release financial results for its third quarter ended June 30, 2024, after U.S. markets close on Monday, August 5, 2024. On Tuesday, August 6, 2024, at 10:00 a.m. ET, the Company will hold a conference call to discuss earnings and business results. Interested parties are invited to listen via webcast available on the Investor Relations section of the Company's website www.muellerwaterproducts.com. An archive of the ...

ATLANTA, July 24, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) plans to release financial results for its third quarter ended June 30, 2024, after U.S. markets close on Monday, August 5, 2024. On Tuesday, August 6, 2024, at 10:00 a.m. ET, the Company will hold a conference call to discuss earnings and business results. Interested parties are invited to listen via webcast available on the Investor Relations section of the Company's website www.muellerwaterproducts.com. An archive of the ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Mueller Water Products (MWA) , which belongs to the Zacks Steel - Pipe and Tube industry. Price and EPS Surprise Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stock ...