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Added to YB: 2024-01-31

Pitch date: 2024-01-29

MWA [bullish]

Mueller Water Products, Inc.

+82.71%

current return

Author Info

No bio for this author

Company Info

Mueller Water Products, Inc. manufactures and markets products and services for the transmission, distribution, and measurement of water used by municipalities, and the residential and non-residential construction industries in the United States, Canada, and internationally.

Market Cap

$3.6B

Pitch Price

$13.68

Price Target

20.00 (-20%)

Dividend

1.15%

EV/EBITDA

11.47

P/E

19.09

EV/Sales

2.58

Sector

Machinery

Category

turnaround

Show full summary:
Mueller Water: Margins Poised For Rebound As Manufacturing Challenges Fade

MWA: Water infra player set to rebound to 20%+ EBITDA margins post $150M foundry upgrade. High market share, switching costs & reg barriers. Board changes signal value focus. Undervalued at 12x FY23 EBITDA w/ upside from $1T infra bill ($55B for water). Risks: housing mkt, costs, cust concentration.

Read full article (6 min)