Stock Price & Analysis

Based on the latest data, MLI stock shows mixed signals. The stock is currently trading at $80.82 with a modest gain of 0.53% in the regular market session , indicating relatively stable price action. Recent earnings report shows strong performance with Q4 profit increasing to $137.65 million ($1.21 per share) from $119.24 million last year, alongside impressive revenue growth of 26.1%.

Technical Analysis The stock's RSI reading of 52.39 indicates neutral momentum, neither overbought nor oversold. The stock is currently trading below its 60-day moving average of $81.58 but above its 20-day moving average of $80.27, suggesting a potential consolidation phase.

Price Levels Key Fibonacci levels show:

• Resistance: $81.15 (R1), $83.09 (R2)
• Support: $74.89 (S1), $72.96 (S2) Current price at $80.82 is testing the first resistance level.

Market Sentiment Recent options market activity shows moderate bullish sentiment, with the $80 call contract having a 45% chance of expiring worthless, suggesting market participants see limited upside potential in the near term.

Based on the technical indicators and recent fundamental performance, MLI appears to be a HOLD at current levels. While the company shows strong fundamental growth, the current price action suggests consolidation, making it prudent to wait for a clearer directional move before taking new positions.

Based on the provided data and recent market developments, here's a price prediction for MLI stock in 2025:

MLI stock is projected to reach $95-100 by end of 2025, representing a potential upside of 17-24% from current levels ($80.82). This forecast is supported by three key factors: strong Q4 2024 performance showing 26.1% revenue growth and improved profitability, continued momentum in infrastructure spending, and technical indicators suggesting an oversold condition ready for reversal.

The stock has recently shown signs of bottoming after entering oversold territory with an RSI reading of 29.6, indicating potential exhaustion of recent selling pressure. The current price level around $80-81 represents a strong support zone based on historical price action and technical analysis.

The S1 support level for MLI Stock is $74.89 ,The R1 resistant level for MLI Stock is $81.15.

As of the end of day on 2025-02-11, the price of MLI Stock was $80.82.

The target price for MLI Stock according to analyst rating is 105.00, with the highest price target at 105.00 and the lowest at 105.00. Analysts have a Moderate Buy rating on MLI Stock overall.

The market cap of MLI is $9.2B.

Based on the provided data, here's a concise analysis of MLI's valuation:

MLI currently shows mixed valuation signals with a PE ratio of 15.07 in Q4 2024, which has increased from 10.83 in Q1 2024, indicating growing market expectations. The EV/EBITDA ratio of 9.86 suggests reasonable valuation compared to historical levels.

The stock recently entered oversold territory with an RSI reading of 29.6, suggesting potential buying opportunity from a technical perspective. The stock is trading at $74.08, significantly off its 52-week high of $96.81.

Financial Performance:

• Q4 2024 profit increased to $137.65 million ($1.21 per share)
• Revenue grew 26.1% to $923.54 million
• Strong gross margin of 25.24%
• Healthy current ratio of 5.06
• Minimal debt with debt-to-equity ratio of 0.04%

Recent Development: Northcoast Research downgraded MLI from Strong Buy to Hold on January 19, 2025, suggesting potential near-term caution.

Based on these factors, MLI appears slightly undervalued at current levels, particularly given its strong financial metrics and recent oversold technical conditions. However, the recent analyst downgrade and increasing PE ratio warrant some caution.

Mueller Industries, Inc. is a manufacturer of copper, brass, aluminum and plastic products. Its products include copper tube and fittings; line sets; steel nipples; brass rod, bar and shapes; aluminum and brass forgings; aluminum impact extrusions; compressed gas valves; refrigeration valves and fittings; pressure vessels; coaxial heat exchangers and insulated flexible duct systems. It also resells brass and plastic plumbing valves, plastic fittings, malleable iron fittings, faucets, and plumbing specialty products. The Company has three segments. Piping Systems segment is composed of Domestic Piping Systems Group, Great Lakes Copper, European Operations, Trading Group, Jungwoo Metal Ind. Co., LTD and Mueller Middle East WLL. Industrial Metals segment is composed of Brass Rod, Impacts & Micro Gauge, Brass Value-Added Products, and Precision Tube. Climate segment is composed of Refrigeration Products, Westermeyer Industries, Inc., Turbotec Products, Inc., Flex Duct and Linesets, Inc.

Based on the provided data and market context, here's a price prediction analysis for MLI stock by 2030:

Mueller Industries (MLI) is projected to reach $125-135 by 2030, driven by its strong market position in industrial manufacturing and consistent operational execution. The recent analyst downgrade from Strong Buy to Hold by Northcoast Research suggests near-term caution, but the company's oversold RSI reading of 29.6 indicates potential for a technical rebound from current levels around $80.

The stock's ability to maintain steady growth despite market uncertainties and its strategic position in industrial manufacturing support this long-term bullish outlook.

MLI has a total of 4509 employees.