Mueller Water Products (MWA) Stock

Mueller Water Products is poised for revenue growth due to easing comps, pricing increases, and secular demand for U.S. water infrastructure repair and replacement. The company's margins should benefit from operating leverage, pricing carryover, and cost savings from closing the old foundry. MWA's valuation is attractive, trading at a discount to historical levels and peers, with potential for upward re-rating.

Mueller Water Products' long history and innovative water products make it a strong long-term investment, supported by demand and federal infrastructure investments. The company has achieved its highest sales in a decade, with a 15.5% net sales growth YoY and margin expansion that has exceeded expectations. Mueller's strong cash flow and reduced debt-to-equity ratio enhance financial flexibility, allowing for growth initiatives and shareholder returns through dividends and share repurchases.

Nominates Bentina Chisolm Terry and Leland Weaver to Join Board of Directors Two Long-Tenured Directors to Retire at Upcoming 2025 Annual Meeting of Stockholders   ATLANTA, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced that its Board of Directors has nominated Bentina Chisolm Terry and Leland Weaver to join the Board for election at the Company's Annual Meeting of Stockholders on February 6, 2025. As part of the previously announced Board refreshment plan, Dr. Lydia Thomas and Ms.

Here is how Mueller Water Products (MWA) and Packaging Corp. (PKG) have performed compared to their sector so far this year.

Mueller Water Products, Inc. (NYSE:MWA ) Q4 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Martie Zakas - CEO Steve Heinrichs - CFO Paul McAndrew - President & COO Whit Kincaid - IR Conference Call Participants Deane Dray - RBC Capital Markets Mike Halloran - Robert W. Baird Joe Giordano - TD Cowen Brian Lee - Goldman Sachs Walt Liptak - Seaport Research Operator Good morning, and thank you for standing by.

Achieved Net Sales of $348.2 Million in Quarter, $1.3 Billion in Fiscal Year Earned Net Income per Diluted Share of $0.06 in Quarter, $0.74 in Fiscal Year Reported Adjusted Net Income per Diluted Share of $0.22 in Quarter, $0.96 in Fiscal Year Generated Adjusted EBITDA of $72.5 Million in Quarter, $284.7 Million in Fiscal Year   ATLANTA, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) today announced financial results for its fourth quarter and fiscal year ended September 30, 2024. In the fourth quarter, the Company: Increased net sales 15.5 percent to $348.2 million as compared with $301.4 million in the prior year quarter Reported operating income of $28.4 million as compared with $24.9 million in the prior year quarter and increased adjusted operating income 41.6 percent to $56.5 million as compared with $39.9 million in the prior year quarter Reported operating margin of 8.2 percent as compared with 8.3 percent in the prior year quarter and increased adjusted operating margin to 16.2 percent as compared with 13.2 percent in the prior year quarter Generated net income of $10.0 million as compared with $17.2 million in the prior year quarter, with net income margin of 2.9 percent as compared with 5.7 percent in the prior year quarter, and increased adjusted net income 14.1 percent to $33.9 million as compared with $29.7 million in the prior year quarter Reported net income per diluted share of $0.06 as compared with $0.11 in the prior year quarter and increased adjusted net income per diluted share 15.8 percent to $0.22 as compared with $0.19 in the prior year quarter Increased adjusted EBITDA 30.9 percent to $72.5 million as compared with $55.4 million in the prior year quarter and improved adjusted EBITDA margin to 20.8 percent as compared with 18.4 percent in the prior year quarter In the fiscal year, the Company: Increased net sales 3.1 percent to $1,314.7 million as compared with the prior year of $1,275.7 million Reported operating income of $181.7 million as compared with $127.4 million in the prior year and increased adjusted operating income 55.3 percent to $222.5 million as compared with $143.3 million in the prior year Reported operating margin of 13.8 percent as compared with 10.0 percent in the prior year and increased adjusted operating margin to 16.9 percent as compared with 11.2 percent in the prior year Generated net income of $115.9 million as compared with $85.5 million in the prior year, with net income margin of 8.8 percent as compared with 6.7 percent in the prior year, and increased adjusted net income 53.3 percent to $150.2 million as compared with $98.0 million in the prior year Reported net income per diluted share of $0.74 as compared with $0.55 in the prior year, and increased adjusted net income per diluted share 52.4 percent to $0.96 as compared with $0.63 in the prior year Increased adjusted EBITDA 40.9 percent to $284.7 million as compared with $202.1 million in the prior year, resulting in adjusted EBITDA margin of 21.7 percent as compared with 15.8 percent in the prior year Increased net cash provided by operating activities $129.8 million to $238.8 million as compared with $109.0 million in the prior year and increased free cash flow $130.0 million to $191.4 million as compared with $61.4 million in the prior year Returned $49.9 million to shareholders through dividends and common stock repurchases “We delivered a strong fourth quarter with healthy order levels supported by steady end market demand and focused customer service.

ATLANTA, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) plans to release financial results for its fourth quarter and full year ended September 30, 2024, after U.S. markets close on Wednesday, November 6, 2024. On Thursday, November 7, 2024, at 10:00 a.m. ET, the Company will hold a conference call to discuss earnings and business results. Interested parties are invited to listen via webcast available on the Investor Relations section of the Company's website www.muellerwaterproducts.com . An archive of the webcast will be available for approximately 90 days following the call.

ATLANTA, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced that its Board of Directors has declared an increase to the Company's quarterly dividend by approximately 4.7% to $0.067 per share from $0.064, payable on or about November 20, 2024, to stockholders of record as of the close of business on November 8, 2024.

The water flow solutions segment continues to drive revenue growth, offsetting the decline in the water management solutions segment. Improved margins from pricing strategies and cost control are key factors behind the company's financial performance. Net debt has decreased consistently over recent quarters, strengthening the company's balance sheet.