Mueller Water Products, Inc. (MWA)

Mueller Water Products Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for MWA stock have an average target of 22.2, with a low estimate of 17 and a high estimate of 27. The average target predicts a decrease of -3.23% from the current stock price of 22.94.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$17	$22.2	$23	$27
Change	-25.89%	-3.23%	+0.26%	+17.70%

* Price targets were last updated on Nov 8, 2024.

Analyst Ratings

The average analyst rating for MWA stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	1
Hold	4	4	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Bryan Blair Oppenheimer	Oppenheimer	Buy Reiterates $26 → $27	Buy	Reiterates	$26 → $27	+17.70%	Nov 8, 2024
Joseph Giordano TD Cowen	TD Cowen	Strong Buy → Hold Downgrades $19 → $20	Strong Buy → Hold	Downgrades	$19 → $20	-12.82%	Aug 9, 2024
Deane Dray RBC Capital	RBC Capital	Hold Maintains $20 → $23	Hold	Maintains	$20 → $23	+0.26%	Aug 7, 2024
Bryan Blair Oppenheimer	Oppenheimer	Buy Maintains $22 → $24	Buy	Maintains	$22 → $24	+4.62%	Aug 7, 2024
Bryan Blair Oppenheimer	Oppenheimer	Buy Maintains $21 → $22	Buy	Maintains	$21 → $22	-4.10%	Jul 2, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.37B

Increased by 4.13%

from 1.31B

Revenue Next Year

1.44B

Increased by 5.41%

from 1.37B

EPS This Year

1.17

Increased by 57.87%

from 0.74

EPS Next Year

1.30

Increased by 11.53%

from 1.17

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Sep 30, 2020	Sep 30, 2021	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024	Sep 30, 2025	Sep 30, 2026	Sep 30, 2027
Revenue	964.10M	1.11B	1.25B	1.28B	1.31B	1.37B	1.44B	1.45B
Revenue Growth	-0.40%	15.24%	12.28%	2.27%	3.06%	4.13%	5.41%	0.14%
EPS	0.45	0.44	0.48	0.55	0.74	1.17	1.30	1.27
EPS Growth	12.50%	-2.22%	9.09%	13.96%	35.28%	57.87%	11.53%	-2.33%
Forward PE	-	-	-	-	-	19.64	17.61	18.03
No. Analysts	-	-	-	-	-	7	7	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	1.4B	1.5B	1.5B
Avg	1.4B	1.4B	1.4B
Low	1.3B	1.4B	1.4B

Revenue Growth

Revenue Growth	2025	2026	2027
High	8.6%	11.1%	4.1%
Avg	4.1%	5.4%	0.1%
Low	0.6%	-0.2%	-2.8%

EPS Forecast

EPS	2025	2026	2027
High	1.26	1.42	1.32
Avg	1.17	1.30	1.27
Low	1.08	1.16	1.23

EPS Growth

EPS Growth	2025	2026	2027
High	70.3%	21.3%	1.5%
Avg	57.9%	11.5%	-2.3%
Low	45.7%	-1.0%	-5.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.