Home Sectors Industrials Love or Hate: Mueller Industries (NYSE: MLI)

Love or Hate: Mueller Industries (NYSE: MLI)

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Mueller Industries trades as part of the industrial products industry and is in the industrials sector. The company CEO is Gregory L. Christopher. Mueller Industries Inc is a manufacturer and distributor of copper, brass, aluminum, and plastic products. The product range consists of copper tube and fittings, line sets, brass and copper alloy rod, and aluminum impact extrusions.

Previous Intraday Trading Performance:

The MLI stock showed a previous change of 1.32% with an open at 28.23 and a close of 28.43. It reached an intraday high of 28.50 and a low of 28.02.

Business Wire:  Mueller Industries, Inc. Declares Cash Dividend for Second Quarter

Liquidity:

The stock has a market cap of $1.6b with 56.6m shares outstanding, of which the float is 54.3m shares. Trading volume reached 161,356 shares compared to its average volume of 161,879 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Mueller Industries shares returned 0.64% and in the past 30 trading days it returned -1.92%. Over three months, it changed -12.82%. In one year it has changed -8.18% and within that year its 52-week high was 34.24 and its 52-week low was 21.49. MLI stock is 32.29% above its 52 Week Low.

Our calculations show a 200 day moving average of 27.91 and a 50 day moving average of 29.21. Currently MLI stock is trading 1.86% above its 200 day moving average and may be a good opportunity to buy.

Business Wire:  Mueller Industries, Inc. Declares Cash Dividend for Second Quarter

Earnings:

The last annual fiscal EPS for the company was reported at 1.82 that ended on 31st of December 2018, which according to the previous close, that is a PE of 15.62. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.57.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/23/2019): 0.28
4thQtr of 2018 (Reported on 02/05/2019): 0.47
3rdQtr of 2018 (Reported on 10/23/2018): 0.35
2ndQtr of 2018 (Reported on 07/24/2018): 0.58
1stQtr of 2018 (Reported on 04/24/2018): 0.42

The dividend per share is currently 0.40, which is a dividend yield of 1.41%.

Base on our calculations, the intrinsic value per share is 39.84, which means it is possibly undervalued and has a margin of safety of 28.63%.

Indicators to Watch:

Short-interest was 504,466, which was 0.89% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.65. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.36.

SeekingAlpha:  The Retirees’ Dividend Portfolio – John And Jane’s May Taxable Account Update: Monthly Income Record

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 18.19%, return on assets is 7.13%, profit margin is 4.04%, price-to-sales is 0.64 and price-to-book is 2.81.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 3  :Past Performance Score
 4  :Financial Strength Score
 1  :Future Growth Score
 3  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.