Why the high growth investor may take a look at NYSE:MWA.

Our stock screener has flagged MUELLER WATER PRODUCTS INC-A (NYSE:MWA) as a potential breakout candidate. This occurs when the stock shows signs of consolidation after a notable upward trend. While we can't predict the actual breakout, it's worth monitoring NYSE:MWA for potential movement.

In-Depth Technical Analysis of NYSE:MWA

ChartMill assigns a proprietary Technical Rating to each stock. The score is computed daily by evaluating various technical indicators and properties. The score ranges from 0 to 10.

We assign a technical rating of 10 out of 10 to MWA. Both in the recent history as in the last year, MWA has proven to be a steady performer, scoring decent points in every aspect analyzed.

• The long and short term trends are both positive. This is looking good!
• When comparing the yearly performance of all stocks, we notice that MWA is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, MWA also shows a nice and consistent pattern of rising prices.
• MWA is one of the better performing stocks in the Machinery industry, it outperforms 90% of 131 stocks in the same industry.
• MWA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MWA is lagging the market slightly.
• In the last month MWA has a been trading in the 21.50 - 26.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Our latest full technical report of MWA contains the most current technical analsysis.

How do we evaluate the setup for NYSE:MWA?

Besides the Technical Rating, ChartMill also assign a Setup Rating to every stock. This setup score also ranges from 0 to 10 and determines to which extend the stock is consolidating. This is achieved by evaluating multiple short term technical indicators. NYSE:MWA currently has a 7 as setup rating:

MWA has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Some of the high growth metrics of NYSE:MWA highlighted

• In the most recent financial report, MUELLER WATER PRODUCTS INC-A reported a 15.79% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• Over the past 3 months, analysts have adjusted their EPS Estimate for MUELLER WATER PRODUCTS INC-A with a 28.89% change. This highlights the evolving outlook on the company's EPS potential.
• The recent financial report of MUELLER WATER PRODUCTS INC-A demonstrates a 15.79% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• MUELLER WATER PRODUCTS INC-A has shown positive growth in its operating margin over the past year, indicating improved operational efficiency. This growth highlights the company's ability to effectively manage costs and maximize profitability.
• With positive growth in its free cash flow (FCF) over the past year, MUELLER WATER PRODUCTS INC-A showcases its ability to generate strong cash flows and maintain a solid financial position. This growth reflects the company's efficient utilization of capital and its commitment to long-term value creation.
• The Return on Equity (ROE) of MUELLER WATER PRODUCTS INC-A stands at 14.31%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
• Maintaining a Debt-to-Equity ratio of 0.55, MUELLER WATER PRODUCTS INC-A demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
• MUELLER WATER PRODUCTS INC-A has consistently exceeded EPS estimates in the last 4 quarters, demonstrating its ability to outperform market expectations. This trend highlights the company's strong financial performance and its potential for future growth.
• The Relative Strength (RS) of MUELLER WATER PRODUCTS INC-A has consistently been strong, with a current 93.22 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. MUELLER WATER PRODUCTS INC-A demonstrates promising potential for sustained price momentum.

Our High Growth Momentum Breakout screen will find you more ideas suited for high growth momentum breakouts.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.