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July 1, 2014
09:19 EDTMWAMueller Water shares have reached attractive entry point, says Wedbush
Wedbush believes that the recent drop in Mueller's stock has created an attractive entry point. The firm thinks the company's end markets remain healthy, while its free cash flow characteristics are impressive. The firm keeps a $10 price target and Outperform rating on the shares.
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February 4, 2016
09:28 EDTMWAMueller Water says FY16 outlook remains unchanged
Mueller Water said on its Q1 earnings call that its target is for 2016 free cash flow to exceed adjusted net income and that it expects free cash flow to be higher than in 2015. The company sees sales of Mueller Company's domestic valves, hydrants and brass products to grow in the high single digits in the second half of the year. It expects Mueller Technologies to show year-over-year net sales growth of about 10%-15% and for its adjusted operating income to improve about $7M-$10M. The overall outlook for Mueller Water Products for the full year remains unchanged, the company added.
February 3, 2016
17:02 EDTMWAMueller Water reports Q1 adjusted EPS 4c, consensus 3c
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