Stock Price & Analysis

Based on the analysis of MLI's recent performance and fundamentals, it is recommended to hold the stock as it shows stability with a recent dividend increase and positive valuation metrics, despite some market uncertainty.

The price prediction for MLI stock in 2025 is expected to reach $82 per share, driven by its recent dividend increase and strong earnings performance. The stock's technical indicators and Fibonacci levels suggest moderate upside potential.

The S1 support level for MLI Stock is $77.22 ,The R1 resistant level for MLI Stock is $81.93.

As of the end of day on 2025-03-26, the price of MLI Stock was $80.06.

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 $9.0B.

MLI may be undervalued based on its current valuation metrics. Its PE ratio of 14.01 (Q3 2024) and 15.07 (Q4 2024) is lower than the industry average of 20, suggesting reasonable pricing. The EV/EBITDA ratio of 9.37 (Q3 2024) and 9.87 (Q4 2024) is also below the industry standard of 10-12, indicating undervaluation. The PS ratio of 2.3 (Q3 2024) and 2.42 (Q4 2024) aligns with industry peers, showing fair valuation. However, the PB ratio of 3.06 (Q3 2024) and 3.28 (Q4 2024) is slightly above the industry average of 2.5-3, suggesting mild overvaluation. The dividend yield of 1.04% (Q3 2024) and 1% (Q4 2024) is below the industry average of 1.5-2.5%, making it less attractive for income investors. Recent dividend increases and strong financial performance support its valuation.

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.

The price prediction for MLI stock by 2030 is estimated to reach $100-$120 per share, driven by steady growth trends and moderate technical indicators. Current Fibonacci levels suggest potential upside if resistance is broken. Historical performance supports this moderate growth outlook.

MLI has a total of 4509 employees.