Mueller Industries Stock Today

MLI Stock  USD 80.77  0.06  0.07%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Mueller Industries is trading at 80.77 as of the 30th of November 2024. This is a 0.07 percent decrease since the beginning of the trading day. The stock's open price was 80.83. Mueller Industries has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Mueller Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of October 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
25th of February 1991
Category
Industrials
Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. The company was founded in 1917 and is headquartered in Collierville, Tennessee. The company has 113.73 M outstanding shares of which 3.66 M shares are now shorted by investors with about 4.35 days to cover. More on Mueller Industries

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Mueller Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanGregory Christopher
Thematic IdeaSteel Works Etc (View all Themes)
Old Names[Industrials REIT Ltd., Mintails Ltd, Industrials REIT Ltd]
Business ConcentrationIndustrial Machinery & Supplies & Components, Metal Fabrication, Industrials, NYSE Composite, SP Midcap 400, Steel Works Etc, Industrials, Machinery, Metal Fabrication, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.230.2185
Notably Up
Slightly volatile
Asset Turnover1.221.2396
Fairly Down
Pretty Stable
Gross Profit Margin0.30.2885
Sufficiently Up
Slightly volatile
Total Current Liabilities208.2 M317.1 M
Way Down
Slightly volatile
Non Current Liabilities Total79.3 M83.4 M
Notably Down
Pretty Stable
Total Assets2.9 B2.8 B
Sufficiently Up
Slightly volatile
Total Current Assets2.1 BB
Sufficiently Up
Slightly volatile
Debt Levels
Mueller Industries can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Mueller Industries' financial leverage. It provides some insight into what part of Mueller Industries' total assets is financed by creditors.
Liquidity
Mueller Industries has 35.56 M in debt with debt to equity (D/E) ratio of 0.02, which may show that the company is not taking advantage of profits from borrowing. Mueller Industries has a current ratio of 3.71, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Mueller to invest in growth at high rates of return.

Change In Working Capital

38.35 Million
Mueller Industries (MLI) is traded on New York Stock Exchange in USA. It is located in 150 Schilling Boulevard, Collierville, TN, United States, 38017 and employs 4,509 people. Mueller Industries is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 9.19 B. Mueller Industries runs under Machinery sector within Industrials industry. The entity has 113.73 M outstanding shares of which 3.66 M shares are now shorted by investors with about 4.35 days to cover. Mueller Industries has about 461.02 M in cash with 672.77 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.5.
Check Mueller Industries Probability Of Bankruptcy
Ownership Allocation
Mueller Industries maintains a total of 113.73 Million outstanding shares. The majority of Mueller Industries outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Mueller Industries to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Mueller Industries. Please pay attention to any change in the institutional holdings of Mueller Industries as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Mueller Ownership Details

Mueller Stock Institutional Holders

InstituionRecorded OnShares
Fuller & Thaler Asset Management Inc2024-09-30
2.3 M
American Century Companies Inc2024-09-30
1.9 M
Gabelli Funds Llc2024-09-30
1.7 M
Charles Schwab Investment Management Inc2024-09-30
1.5 M
Amvescap Plc.2024-06-30
1.4 M
Rockefeller Capital Management L.p.2024-06-30
1.4 M
Norges Bank2024-06-30
1.4 M
Northern Trust Corp2024-09-30
1.2 M
Bank Of New York Mellon Corp2024-06-30
1.2 M
Blackrock Inc2024-06-30
18.1 M
Vanguard Group Inc2024-09-30
12.7 M
View Mueller Industries Diagnostics

Mueller Industries Historical Income Statement

As of now, Mueller Industries' EBITDA is increasing as compared to previous years. The Mueller Industries' current Income Before Tax is estimated to increase to about 887.5 M, while Depreciation And Amortization is projected to decrease to under 36.6 M. View More Fundamentals

Mueller Stock Against Markets

Mueller Industries Corporate Directors

Charles HerzogIndependent DirectorProfile
Gennaro FulvioIndependent DirectorProfile
Elizabeth DonovanIndependent DirectorProfile
Mark MillerchipExecutive Director - European OperationsProfile
When determining whether Mueller Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mueller Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mueller Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mueller Industries Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mueller Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.
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Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mueller Industries. If investors know Mueller will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mueller Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.265
Dividend Share
0.75
Earnings Share
5.14
Revenue Per Share
32.118
Quarterly Revenue Growth
0.217
The market value of Mueller Industries is measured differently than its book value, which is the value of Mueller that is recorded on the company's balance sheet. Investors also form their own opinion of Mueller Industries' value that differs from its market value or its book value, called intrinsic value, which is Mueller Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mueller Industries' market value can be influenced by many factors that don't directly affect Mueller Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mueller Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mueller Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mueller Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.