A Director at Mueller Water Products is Exercising Options


Today it was reported that a Director at Mueller Water Products (MWA), Lydia Thomas, exercised options to sell 9,546 MWA shares at $7.76 a share, for a total transaction value of $100.1K. The options were close to expired and Lydia Thomas disposed stocks.

This is Thomas’ first transaction since reporting a Sell transaction on CBT back in February 2015

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Based on Mueller Water Products’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $254 million and quarterly net profit of $25 million. In comparison, last year the company earned revenue of $227 million and had a net profit of $19.3 million. MWA’s market cap is $1.66B and the company has a P/E ratio of 16.10. Currently, Mueller Water Products has an average volume of 22.26K.

Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $14.33, reflecting a 35.8% upside.

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Mueller Water Products, Inc. engages in the manufacture and sale of products used in the transmission, distribution and measurement of water. It operates though the following segments: Infrastructure, and Technologies.

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