With 4.2 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.42 million shares. The 52-week range on MWA shows that it touched its highest point at $28.58 and its lowest point at $17.09 during that stretch. It currently has a 1-year price target of $28.67. With its current market cap of 3.70 billion, MWA has annualized dividend of $0.26 while the current yield stands at 1.11%. Beta for the stock currently stands at 1.26.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MWA was down-trending over the past week, with a drop of -9.91%, but this was up by 3.55% over a month. Three-month performance dropped to -12.22% while six-month performance rose 7.90%. The stock gained 45.66% in the past year, while it has gained 5.07% so far this year. A look at the trailing 12-month EPS for MWA yields 0.92 with Next year EPS estimates of 1.34. For the next quarter, that number is 0.34. This implies an EPS growth rate of 28.57% for this year and 8.51% for next year. EPS is expected to grow by 13.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 12.98%.
Float and Shares Shorts:
At present, 156.66 million MWA shares are outstanding with a float of 153.16 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MWA since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.94033 being high and $0.92744 being low. For MWA, this leads to a yearly average estimate of $0.9369.
