Mueller Industries, Inc. Shares Close the Day 14.5% Higher - Daily Wrap

The company saw its shares close the day 14.5% higher than yesterday, with trading volume lower than its 30 day average.

Jul 19, 2022 by Kwhen Finance Editors

Mueller Industries, Inc. Shares Close the Day 14.5% Higher - Daily Wrap
Mueller Industries, Inc. (MLI) shares closed today 14.5% higher than it did at the end of yesterday. The stock is currently down 8.2% year-to-date, up 35.4% over the past 12 months, and up 85.9% over the past five years. Today, the Dow Jones Industrial Average rose 2.4%, and the S&P 500 rose 2.7%.

Trading Activity

  • Shares traded as high as $54.07 and as low as $51.07 this week.
  • Shares closed 1.1% below its 52-week high and 59.4% above its 52-week low.
  • Trading volume this week was 26.8% higher than the 10-day average and 20.2% higher than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.9.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
  • MACD, a trend-following momentum indicator, indicates an upward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Fundamentals & Catalysts

  • Over the past 12 months the company generated $319 million in earnings before interest and taxes from $2 billion in revenue. It currently holds $129 million in cash and $444 million in debt.
  • Its forward price-to-earnings (P/E) ratio of 11.324390507311717 is higher than its current P/E ratio of 5.45, implying that analysts are expecting a decrease in earnings.
  • The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at 0.35. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
  • The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 2.02 which means it currently has $2.02 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
  • The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 3.15. This means that the stock is trading at a premium of 3 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
  • The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 1.01.
  • The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 1.12.

P/E

5.45

EBITDA

$319M

P/Book

3.15

Mkt Cap

$3B

P/Sales

1.01

Revenue

$2B

EPS (TTM)

9.91

PEG Ratio

0.35

EV/Revenue

1.12

Total Cash

$129M

Debt/Equity

2.02

Forward P/E

11.32

Current Debt

$444M

Gross Profit

$487M

Dividend Date

-

Earnings Date

-

Profit Margin

0.07

Revenue/Share

45.74

Total Revenue

$2B

Enterprise Val

$2B

Put/Call Ratio

0.70

Revenue/Employee

0.00

Market Comparative Performance

  • The company's share price beats the S&P 500 Index today, beats it on a 1-year basis, and beats it on a 5-year basis
  • The company's share price beats the Dow Jones Industrial Average today, beats it on a 1-year basis, and beats it on a 5-year basis
  • The company share price beats the performance of its peers in the Industrials industry sector today, beats it on a 1-year basis, and beats it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Mueller Industries, Inc.14.5-8.235.4-10.544.3
Dow Jones Industrial Average2.4-13.6-8.8-14.45.7
S&P 500 Index2.7-19.0-10.2-18.96.6
Industrials0.6-21.0-19.5-21.84.8

Peer Group Comparative Performance

  • The company's stock price performance year-to-date beats the peer average by -32.7%
  • The company's stock price performance over the past 12 months beats the peer average by 683.8%
  • The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -144.6% higher than the average peer.
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Mueller Industries, Inc.MLI5.5-8.235.4-10.544.3
Peer AvgN/A-12.2-12.14.5InfinityInfinity
Berkshire Hathaway Inc. - Class ABRK.A000InfinityInfinity
Alcoa CorpAA11.1-26.932.4-56.038.6
Kaiser Aluminum CorpKALU-77.5-21.5-34.7-42.85.1
Steel Partners Holdings LP - UnitSPLP00.443.0-7.152.9
Tredegar Corp.TG5.3-12.6-18.1-20.95.7

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