Evaluating NYSE:MWA for high Growth Investment Opportunities.

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.

Analyzing the Technical Aspects

At ChartMill, a crucial aspect of their analysis is the assignment of a Technical Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous technical indicators and properties.

Taking everything into account, MWA scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MWA is showing a nice and steady performance.

• The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
• Looking at the yearly performance, MWA did better than 92% of all other stocks. On top of that, MWA also shows a nice and consistent pattern of rising prices.
• MWA is part of the Machinery industry. There are 129 other stocks in this industry. MWA outperforms 93% of them.
• MWA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MWA is performing more or less in line with the market.
• In the last month MWA has a been trading in the 22.29 - 28.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

For an up to date full technical analysis you can check the technical report of MWA

How does the Setup look for NYSE:MWA

ChartMill also assign a Setup Rating to every stock. With this score it is determined to what extend the stock has been trading in a range in the recent days and weeks. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. NYSE:MWA scores a 8 out of 10:

MWA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 24.63, a Stop Loss order could be placed below this zone.

Some of the high growth metrics of NYSE:MWA highlighted

• MUELLER WATER PRODUCTS INC-A has demonstrated consistent growth in its earnings per share (EPS) from one quarter to another (Q2Q), with a 92.31% increase. This indicates improving financial performance and the company's effective management of its operations.
• MUELLER WATER PRODUCTS INC-A has seen a 17.59% change in the average next Quarter EPS Estimate by analysts over the last 3 months, signaling the shifting perception of the company's EPS outlook.
• In the most recent financial report, MUELLER WATER PRODUCTS INC-A reported a 92.31% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• accelerating EPS growth for MUELLER WATER PRODUCTS INC-A: the current Q2Q growth of 92.31% exceeds the previous year Q2Q growth of 0.0%.
• MUELLER WATER PRODUCTS INC-A has experienced notable growth in its operating margin over the past year, reflecting improved operational performance. This growth suggests the company's ability to generate higher profits from its core business activities.
• With a favorable trend in its free cash flow (FCF) over the past year, MUELLER WATER PRODUCTS INC-A demonstrates its ability to generate robust cash flows and maintain financial stability. This growth reflects the company's focus on efficient capital allocation and cash management.
• In terms of Return on Equity(ROE), MUELLER WATER PRODUCTS INC-A is performing well, achieving a 16.41% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
• MUELLER WATER PRODUCTS INC-A exhibits a favorable Debt-to-Equity ratio at 0.54. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
• 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.
• MUELLER WATER PRODUCTS INC-A has exhibited strong Relative Strength(RS) in recent periods, with a current 92.63 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. MUELLER WATER PRODUCTS INC-A shows promising potential for continued price momentum.

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

Keep in mind

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.