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Stock impact report

Is It Time To Consider Buying Mueller Industries, Inc. (NYSE:MLI)? [Yahoo! Finance]

Mueller Industries, Inc. (MLI) 
Last mueller industries, inc. earnings: 2/4 07:00 am Check Earnings Report
US:NYSE Investor Relations: muellerindustries.com/investors
Company Research Source: Yahoo! Finance
The company's trading levels have reached its high for the past year, following the recent bounce in the share price. As a large-cap stock, it seems odd Mueller Industries is not more well-covered by analysts. However, this is not necessarily a bad thing given that there are less eyes on the stock to push it closer to fair value. Is there still an opportunity to buy? Let's examine Mueller Industries's valuation and outlook in more detail to determine if there's still a bargain opportunity. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. What Is Mueller Industries Worth? The stock seems fairly valued at the moment according to our valuation model. It's trading around 3.6% below our intrinsic value, which means if you buy Mueller Industries today, you'd be paying a reasonable price for it. And if you believe the company's true value is $104.27, then there isn't much room for the share price grow beyond what it's Show less Read more
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