(MLI) Mueller Industries - Ratings and Ratios

Mueller Industries, Inc. (NYSE: MLI) is a leading global manufacturer of copper, brass, and aluminum products, with a diverse portfolio serving various industries. Established in 1917 and headquartered in Collierville, Tennessee, the company operates through three core segments: Piping Systems, Industrial Metals, and Climate. Its products are distributed across the United States, the United Kingdom, Canada, Asia, the Middle East, and Mexico, catering to a broad range of industrial and commercial applications.

The Piping Systems segment specializes in the production of copper tubes, fittings, line sets, and pipe nipples, complemented by the resale of steel pipe, brass and plastic plumbing valves, malleable iron fittings, faucets, and plumbing specialties. This segment primarily serves wholesalers in the plumbing and refrigeration markets, distributors in the manufactured housing and recreational vehicle industries, building material retailers, and air-conditioning original equipment manufacturers (OEMs).

The Industrial Metals segment offers a wide array of products, including brass, bronze, and copper alloy rods; cold-form aluminum and copper products; high-volume machining of aluminum, steel, brass, and cast-iron impacts and castings for automotive applications; brass and aluminum forgings; brass, aluminum, and stainless steel valves; fluid control solutions; and gas train assemblies. These products are supplied to OEMs in the industrial, construction, plumbing, refrigeration, utility, telecommunication, and electrical distribution markets, as well as the heating, ventilation, and air-conditioning (HVAC) markets.

The Climate segment focuses on providing valves, protection devices, and brass fittings; coaxial heat exchangers and twisted tubes to wholesalers and OEMs in the HVAC and refrigeration markets. Additionally, this segment manufactures and distributes high-pressure components and accessories, as well as insulated HVAC flexible duct systems.

Based on the provided and , here is a 3-month forecast:

Over the next three months, Mueller Industries, Inc. (NYSE: MLI) is expected to experience moderate price fluctuations, influenced by its technical and fundamental indicators. The stock is currently trading at $73.98, with a 20-day SMA of $73.33, 50-day SMA of $77.19, and 200-day SMA of $75.83. The ATR of 3.22 suggests moderate volatility. The RSI is not provided but can be inferred to be near equilibrium given the proximity of price to its moving averages.

Fundamentally, the companys market cap of $7,858.14M, P/E of 13.36, and forward P/E of 16.42 indicate a valuation that reflects expectations of steady earnings growth. The P/B ratio of 2.83 and P/S of 2.09 suggest the market is pricing in some premium for the companys assets and revenue streams. The RoE of 21.81% highlights strong profitability.

Technically, the stock is near its 200-day SMA, which often acts as a support level. However, the 50-day SMA is above the current price, indicating potential resistance at higher levels. The ATR of 3.22 suggests that price movements could remain within a range of approximately $70 to $76 over the next three months. The RSI, if calculated, would provide additional insight into potential overbought or oversold conditions.

In summary, while the stock may face some headwinds due to its forward P/E and recent price trend, its strong profitability and moderate volatility suggest a stable outlook in the near term.