What are analysts'target prices for Mueller Water Products'stock?
4 Wall Street analysts have issued 12-month target prices for Mueller Water Products' stock. Their predictions range from $8.00 to $13.00. On average, they anticipate Mueller Water Products' stock price to reach $11.00 in the next year. This suggests that the stock has a possible downside of 6.5%.
How much is a Muel stock worth?
One share of MUEL stock can currently be purchased for approximately $40.11. How much money does Paul Mueller make? Paul Mueller has a market capitalization of $43.64 million and generates $201.12 million in revenue each year. The company earns $-2.56 million in net income (profit) each year or ($4.82) on an earnings per share basis.
Where can I buy Paul Mueller shares?
Shares of MUEL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Paul Mueller's stock price today?
Is Mueller Water Products (MVW) stock a buy or sell?
Mueller Water Products has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings. According to analysts' consensus price target of $15.25, Mueller Water Products has a forecasted upside of 10.4% from its current price of $13.81.
Is MWA stock a buy right now?
3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mueller Water Products in the last twelve months. There are curre...
What is Mueller Water Products' stock price forecast for 2022?
3 brokers have issued twelve-month price targets for Mueller Water Products' shares. Their forecasts range from $16.00 to $17.00. On average, they...
How has Mueller Water Products' stock price performed in 2022?
Mueller Water Products' stock was trading at $14.40 on January 1st, 2022. Since then, MWA shares have decreased by 14.7% and is now trading at $12....
Are investors shorting Mueller Water Products?
Mueller Water Products saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,200,000 shares, an...
When is Mueller Water Products' next earnings date?
Mueller Water Products is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022. View our earnings forecast...
How were Mueller Water Products' earnings last quarter?
Mueller Water Products, Inc. (NYSE:MWA) posted its earnings results on Monday, May, 2nd. The industrial products company reported $0.15 earnings pe...
How often does Mueller Water Products pay dividends? What is the dividend yield for Mueller Water Products?
Mueller Water Products declared a quarterly dividend on Friday, April 22nd. Investors of record on Tuesday, May 10th will be given a dividend of $0...
Is Mueller Water Products a good dividend stock?
Mueller Water Products(NYSE:MWA) pays an annual dividend of $0.23 per share and currently has a dividend yield of 1.87%. Mueller Water Products has...
What guidance has Mueller Water Products issued on next quarter's earnings?
Mueller Water Products issued an update on its FY 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share guidance of f...
What is the ticker symbol for Mueller Water Products?
When is Mueller Water Products' dividend?
Mueller Water Products trades on the New York Stock Exchange (NYSE) under the ticker symbol "MWA."
What is the dividend payout ratio of Mueller Water Products?
Mueller Water Products declared a quarterly dividend on Monday, April 26th. Investors of record on Monday, May 10th will be given a dividend of $0.055 per share on Thursday, May 20th. This represents a $0.22 annualized dividend and a yield of 1.50%. The ex-dividend date of this dividend is Friday, May 7th.
What is the peg ratio of Mueller water?
The dividend payout ratio of Mueller Water Products is 51.11%. This payout ratio is at a healthy, sustainable level, below 75%.
How much does Mueller Water make?
Mueller Water Products has a PEG Ratio of 1.85. PEG Ratios above 1 indicate that a company could be overvalued.
What is Mueller Water Products?
Mueller Water Products has a market capitalization of $2.33 billion and generates $964.10 million in revenue each year. The industrial products company earns $72 million in net income (profit) each year or $0.52 on an earnings per share basis.
Is Marketbeat better than Mueller Water Products?
Mueller Water Products, Inc. engages in the manufacture and sale of products used in the transmission, distribution and measurement of water. It operates though the following segments: Infrastructure, and Technologies. The Infrastructure segment involves in the manufacture of valves for water and gas systems including butterfly, iron gate, tapping, check, knife, plug and ball valves, and dry-barrel and wet-barrel fire hydrants. The Technologies segment offers metering, leak detection, pipe condition assessment, and other products and services for the water infrastructure industry. The company was founded in 1857 and is headquartered in Atlanta, GA.
3 Stocks Insiders Are Buying
What stocks does MarketBeat like better than Mueller Water Products? Wall Street analysts have given Mueller Water Products a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains.
Last Week's Notable Insider Buys: Navitas Semiconductor, Truist Financial And More
When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision.
When is Paul Mueller's dividend due?
Insider buying can be an encouraging signal for potential investors, especially when markets are uncertain or near highs. The initial public offering of a SPAC merger prompted some insider purchases. The chief executive officer of a financial services outfit was among the week's notable buyers.
What is Paul Mueller's stock repurchase program?
SPRINGFIELD, Mo., Nov. 04, 2021 (GLOBE NEWSWIRE) -- Paul Mueller Company (OTC: MUEL) today announced that its Board of Directors has declared a cash dividend of 15 cents ($0.15) per share on its outstanding common stock. The action was taken November 4, 2021 at a special meeting of the Board of Directors. The dividend of 15 cents ($0.15) per share is payable on December 22, 2021 to shareholders of record on November 19, 2021. Press Contact: Ken Jeffries | Paul Mueller Company | Springfield, MO 6
What is Paul Mueller's earnings for 2021?
SPRINGFIELD, Mo., March 19, 2021 (GLOBE NEWSWIRE) -- The Paul Mueller Company (OTC Pink: MUEL) (the “Company”) today announced that the Board of Directors had approved a share repurchase authorization (the “Repurchase Program”) for up to $2,000,000 of the shares of the Company’s common stock. The Board believes that this Repurchase Program reinforces the Company’s commitment to return excess cash to its shareholders. Stock repurchases may be made from time to time in the open market pursuant to a pre-arranged stock trading plan (a “10b5-1 Plan”) adopted by the Company for the purpose of executing such repurchases in compliance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, or in privately negotiated transactions in compliance with applicable state and federal securities laws. The timing and amounts of any repurchases made pursuant to the 10b5-1 Plan will be in accordance with the terms of the Plan, which will be administered through an independent broker without further direction or discretion of the Company. The 10b5-1 Plan will cover the repurchase of shares beginning on April 2, 2021, through September 24. 2021. The timing and amounts of any repurchases outside the 10b5-1 Plan will be based on market conditions and other factors, including price, regulatory requirements, and capital availability. The Repurchase Program, including the 10b5-1 Plan, does not require the repurchase of any minimum number of shares and may be suspended, modified, or discontinued at any time, without prior notice. This press release contains forward-looking statements that provide current expectations of future events based on certain assumptions. All statements regarding future performance growth, conditions, or developments are forward-looking statements. Actual future results may differ materially from those described in the forward-looking statement due to a variety of factors, including, but not limited to, the factors stated in the Company’s Annual Report under “Safe Harbor for Forward-Looking Statements,” which is available at paulmueller.com. The Company expressly disclaims any obligation or undertaking to update these forward-looking statements to reflect any future events or circumstances. Press Contact: Jay Holden | Paul Mueller Company | Springfield, MO 65802 | (417) 575-9422 [email protected] | http://paulmueller.com
What is Paul Mueller?
PAUL MUELLER COMPANY THREE-MONTH REPORT Unaudited (In thousands) CONSOLIDATED STATEMENTS OF INCOME Three Months Ended Twelve Months Ended March 31 March 31 2021 2020 2021 2020 Net Sales $ 45,279 $ 42,160 $ 204,235 $ 197,455 Cost of Sales 31,838 30,299 141,852 140,908 Gross Profit $ 13,441 $ 11,861 $ 62,383 $ 56,547 Selling, General and Administrative Expense 11,308 10,505 44,958 44,678 Goodwill Impairment Expense - - 15,397 - Operating Income $ 2,133 $ 1,356 $ 2,028 $ 11,869 Interest Expense (451) (615) (828) (1,034) Other Income 38 437 809 511 Income before Provision for Income Taxes $ 1,720 $ 1,178 $ 2,009 $ 11,346 Provision for Income Taxes 419 303 4,140 2,802 Net Income (Loss) $ 1,301 $ 875 $ (2,131) $ 8,544 Earnings (Loss) per Common Share ––Basic $1.19 $0.73 ($1.94) $7.15 Diluted $1.19 $0.73 ($1.94) $7.15 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME Three Months Ended March 31 2021 2020 Net Income $ 1,301 $ 875 Other Comprehensive Income, Net of Tax: Foreign Currency Translation Adjustment (1,275) (647) Comprehensive Income $ 26 $ 228 CONSOLIDATED BALANCE SHEETS March 31 December 31 2021 2020 Cash and Short-Term Investments $ 15,559 $ 22,943 Accounts Receivable 21,954 20,462 Inventories 21,612 17,926 Current Net Investments in Sales-Type Leases 3 3 Other Current Assets 2,368 1,771 Current Assets $ 61,496 $ 63,105 Net Property, Plant, and Equipment 43,908 46,570 Right of Use Assets 2,379 2,448 Other Assets 9,285 8,732 Long-Term Net Investments in Sales-Type Leases 98 83 Total Assets $ 117,166 $ 120,938 Accounts Payable $ 13,541 $ 11,316 Current Maturities and Short-Term debt 1,510 2,115 Current Lease Liabilities 492 519 Other Current Liabilities 24,898 24,656 Current Liabilities $ 40,441 $ 38,606 Long-Term Debt 17,465 18,440 Long-Term Pension Liabilities 29,087 30,047 Other Long-Term Liabilities 2,647 2,226 Lease Liabilities 957 1,075 Total Liabilities $ 90,597 $ 90,394 Shareholders' Investment 26,569 30,544 Total Liabilities and Shareholders' Investment $ 117,166 $ 120,938 SELECTED FINANCIAL DATA March 31 December 31 2021 2020 Book Value per Common Share $24.25 $25.54 Total Shares Outstanding 1,095,718 1,195,747 Backlog $ 69,013 $ 61,563 CONSOLIDATED STATEMENT OF SHAREHOLDERS' INVESTMENT Accumulated Other Comprehensive Income (Loss) Common Stock Paid-in Surplus Retained Earnings Treasury Stock Total Balance, December 31, 2020 $ 1,508 $ 9,708 $ 65,927 $ (6,344) $ (40,255) $ 30,544 Add (Deduct): Net Income 1,301 1,301 Other Comprehensive Income, Net of Tax (1,275) (1,275) Treasury Stock Acquisition (4,001) (4,001) Balance, March 31, 2021 $ 1,508 $ 9,708 $ 67,228 $ (10,345) $ (41,530) $ 26,569 CONSOLIDATED STATEMENT OF CASH FLOWS Three Months Ended March 31, 2021 Three Months Ended March 31, 2020 Operating Activities: Net Income $ 1,301 $ 875 Adjustment to Reconcile Net Income to Net Cash (Required) Provided by Operating Activities: Pension Contributions (Greater) Less than Expense (960) (903) Bad Debt Expense (Recovery) (32) (10) Depreciation & Amortization 1,652 1,604 (Gain) Loss on Sales of Equipment (3) (2) Change in Assets and Liabilities (Inc) Dec in Accts and Notes Receivable (1,460) 5,572 (Inc) Dec in Cost in Excess of Estimated Earnings and Billings (478) 274 (Inc) in Inventories (3,213) (4,728) (Inc) Dec in Prepayments (118) 154 (Inc) in Net Investment in Sales-type leases (15) (26) (Inc) Dec in Other LT Assets (72) 52 Inc in Accounts Payable 2,225 2,215 (Dec) Inc in Other Accrued Expenses (4,131) 1,387 Inc in Advanced Billings 5,580 7,871 (Dec) Inc in Billings in Excess of Costs and Estimated Earnings (1,204) 1,941 Inc (Dec) in Lease Liability for Operating 24 (14) Inc (Dec) in Lease Liability for Financing 43 (11) Principal payments of Lease Liability for Operating (69) (25) (Dec) Inc in Long Term Liabilities (72) 58 Net Cash (Required) Provided by Operating Activities $ (1,002) $ 16,284 Investing Activities Proceeds from Sales of Equipment 9 2 Additions to Property, Plant, and Equipment (812) 216 Net Cash (Required) Provided for Investing Activities $ (803) $ 218 Financing Activities Principal payments of Lease Liability for Financing (69) - (Repayment) of Short-Term Borrowings, Net (605) (4,896) (Repayment) Proceeds of Long-Term Debt (353) 1,112 Treasury Stock Acquisitions (4,001) (3) Net Cash (Required) for Financing Activities $ (5,028) $ (3,787) Effect of Exchange Rate Changes (551) (765) Net (Decrease) Increase in Cash and Cash Equivalents $ (7,384) $ 11,950 Cash and Cash Equivalents at Beginning of Year 22,943 1,072 Cash and Cash Equivalents at End of Quarter $ 15,559 $ 13,022 PAUL MUELLER COMPANYSUMMARIZED NOTES TO THE FINANCIAL STATEMENTS (In thousands) A. The chart below depicts the net revenue on a consolidating basis for the three months ended March 31. Three Months Ended March 31 Revenue 2021 2020 Domestic$33,497 $29,624 Mueller BV$12,027 $12,801 Eliminations$ (245)$ (265) Net Revenue$45,279 $42,160 The chart below depicts the net revenue on a consolidating basis for the twelve months ended March 31. Twelve Months Ended March 31 Revenue 2021 2020 Domestic$158,761 $146,212 Mueller BV$46,439 $52,574 Eliminations$ (965)$ (1,331) Net Revenue$204,235 $197,455 The chart below depicts the net income on a consolidating basis for the three months ended March 31. Three Months Ended March 31 Net Income 2021 2020 Domestic$1,683 $925 Mueller BV$ (394)$ (54) Eliminations$12 $4 Net Income$1,301 $875 The chart below depicts the net income on a consolidating basis for the twelve months ended March 31. Twelve Months Ended March 31 Net Income 2021 2020 Domestic$12,942 $9,393 Mueller BV$ (15,098)$ (865) Eliminations$25 $16 Net Income$ (2,131)$8,544 B. March 31, 2021 backlog is $69.0 million compared to $61.6 million at December 31, 2020. However, when comparing current backlog to the March 31, 2020 backlog, it has dropped 35.7% from $107.3 million. Of this $38.3 million reduction, $17.7 million is the pharmaceutical divisions finishing up the large pharmaceutical orders and $29.1 million as Mueller Field Operations (MFO) made significant progress on the large juice storage facility project. The backlog in the other U.S. business units is up $11.0 million (48.7%) led by Dairy Farm Equipment (DFE), and the other Industrial Equipment business units. Mueller BV backlog is down $2.2 million from a year ago to $8.5 million.C. Revenue for the three months is up 7.4% from a year ago led by a rebound in DFE and MFO’s continued work on the juice storage facility. Revenue for the trailing twelve months is up 3.4% driven by the large juice facility project. In the Netherlands, revenue is down slightly from the year before for three months and down 11.7% for the trailing twelve months as the general economy and Covid-19 continue to have a negative effect. D. Net income for the three months was $1.3 million which is an improvement of $0.4 million over the first quarter of last year even after a negative $0.7 million after tax LIFO effect. The largest contributor to the improvement in the U.S. is the rebound of DFE from historical lows. In the Netherlands, net income is down $0.3 million primarily from lower revenues.Net income for the trailing twelve months is a $2.1 million loss. However, when the $15.4 million goodwill impairment for the Mueller BV acquisition is excluded, net income would be $13.3 million, a $4.7 million (55.3%) improvement over the previous trailing twelve months’ net income even after absorbing a $0.9 million after tax negative impact from the LIFO reserve. Almost every business segment had improved profits, led by the pharmaceutical groups, DFE and MFO. In the Netherlands, net income would be $0.3 million when excluding the goodwill impairment. This is an improvement over the $0.9 million loss in the prior twelve months even with lower revenue. E. The Company was granted a loan in the amount of $1.9 million, pursuant to the Paycheck Protection Program under Division A, Title I of the CARES Act, which was enacted March 27, 2020. The loan, which was in the form of a note dated June 12, 2020, issued to the Company, matures on June 11, 2025, and bears interest at a rate of 1% per annum, with a deferral of payments for the first six months. The note may be prepaid by the Company at any time prior to maturity with no prepayment penalties. The loans and accrued interest are forgivable after eight weeks as long as the borrower uses the loan proceeds for eligible purposes, including payroll, benefits, rent, utilities, and maintains its payroll levels. The Company filed for forgiveness of the loan on November 17, 2020, and is waiting for a response.F. On February 5, 2021, the Company repurchased 100,000 shares of stock at $40 a share from a shareholder in a private transaction. In addition, as of March 31, 2021, the Company purchased 29 shares under the buyback program announced on March 19, 2021. G. The pre-tax results for three months ended March 31, 2021, were unfavorably affected by $0.9 million increase in the LIFO reserve. The pre-tax results for the twelve months ended March 31, 2021, were unfavorably affected by $0.5 million increase in the LIFO reserve. The pre-tax results for the twelve months ended March 31, 2020, were favorably affected by a $0.7 million decrease in the LIFO reserve.H. The consolidated financials are affected by the euro to dollar exchange rate when consolidating Mueller B.V., the Dutch subsidiary. The month-end euro to dollar exchange rate was 1.10 for March, 2020; 1.23 for December, 2020 and 1.17 for March, 2021, respectively. This press release contains forward-looking statements that provide current expectations of future events based on certain assumptions. All statements regarding future performance growth, conditions, or developments are forward-looking statements. Actual future results may differ materially from those described in the forward-looking statements due to a variety of factors, including, but not limited to, the factors described in the Company’s Annual Report under “Safe Harbor for Forward-Looking Statements”, which is available at paulmueller.com. The Company expressly disclaims any obligation or undertaking to update these forward-looking statements to reflect any future events or circumstances. The accounting policies related to this report and additional management discussion and analysis are provided in the 2020 annual report, available at www.paulmueller.com. Press Contact: Ken Jeffries | Paul Mueller Company | Springfield, MO 65802 | (417) [email protected] | http://paulmueller.com
What is the Euro to Dollar exchange rate?
SPRINGFIELD, Mo., Dec. 30, 2020 (GLOBE NEWSWIRE) -- Paul Mueller Company, Inc. (OTC: MUEL), a global stainless steel processing equipment manufacturer , today announced the mutual agreement to terminate the letter of intent dated December 11, 2020, pursuant to which Paul Mueller Company was to sell its entire equity interest in its wholly-owned subsidiary, Mueller Field Operations, Inc. (MFO) to the management of MFO. MFO will continue to provide its customers with complex, on-site tank fabrication and other field-installed equipment as a Paul Mueller Company subsidiary. For additional information about Paul Mueller Company, MFO, or any of the products and services they provide, please go to http://www.paulmueller.com.Press Contact: Jay Holden | Paul Mueller Company | Springfield, MO 65802 | (417) [email protected] | http://paulmueller.com
How many shares of stock did the company buy in 2021?
The month end euro to dollar exchange rate was 1.12 for December, 2019 and 1.23 for December, 2020, respectively.
What is fair value in accounting?
On February 5, 2021, the Company repurchased 100,000 shares of stock at $40 a share from a shareholder in a private transaction. In addition, as of March 31, 2021, the Company purchased 29 shares under the buyback program announced on March 19, 2021. G.
What is Paul Mueller?
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
What is Paul Mueller's P/E ratio?
Paul Mueller Co. engages in the provision of equipment used in a variety of industries. It operates through the following segments: Dairy Farm Equipment, Industrial Equipment, Field Fabrication, Transportation, and Other and Corporate. The Dairy Farm Equipment segment includes standard products that are built to stock and are available for sale from inventory. The Industrial Equipment segment sells products directly to industrial customers such as food, beverage, chemical, and industrial processing equipment; biopharmaceutical equipment; and pure water equipment. The Field Fabrication segment offers a large field-fabricated tanks and vessels that cannot be built and shipped from the plant. The Transportation segment focuses on the delivery of products to customers, and backhauls of materials and components. The Other and Corporate segment represents s other revenues, unallocated corporate assets and expenses, and corporate other income. The company was founded by Paul J. Mueller and Gordon Mann in 1940 and is headquartered in Springfield, MO.
What companies does Paul Mueller own?
The P/E ratio of Paul Mueller is -8.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Does Paul Mueller pay dividends?
Based on aggregate information from My MarketBeat watchlists, some companies that other Paul Mueller investors own include Costamare (CMRE), Compass Diversified (CODI), Euronav (EURN), FormFactor (FORM), Outfront Media (OUT), (SMCI), Skyworks Solutions (SWKS), Allergan (AGN), AerCap (AER) and Aegion (AEGN).