Trading Review for Mueller Water Products Inc. Issued by StockPreacher.com

DALLAS, Oct. 23, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring Mueller Water Products Inc. MWA. The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.

The investment report on Mueller Water Products Inc. MWA should be of particular interest to other comparable companies: CIRCOR International Inc. CIR, Watts Water Technologies Inc. WTS, American Water Works Co. Inc. AWK and Sun Hydraulics Corp. SNHY.

The full report is available at: http://www.stockpreacher.com/n/MWA

Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/StockPreacher

Mueller Water Products Inc. (MWA) manufactures and markets various water infrastructure and flow control products for use in water distribution networks and facilities in the United States and Canada. The Company's product portfolio includes engineered valves, fire hydrants, pipe fittings, water meters and ductile iron pipe, which are used by municipalities, as well as the commercial and residential construction, heating, ventilation and air conditioning, fire protection, and oil and gas industries.

Message Board Search for MWA: http://www.boardcentral.com/boards/MWA

In the report, the analyst notes:

"Due to severe economic conditions, the demand for MWA's products has been very depressed. Shipments into the residential construction market have been minimal in the past three quarters. The Company also saw an accelerating drop in demand from non-residential construction market. In addition, MWA expects that prices could continue to deteriorate in the next quarter. However, the Company considers that demand in water infrastructure markets has already hit its low point and should experience a slow recovery. Moreover, concerning municipal spending, the Company expects to see positive movement in this segment as the American Recovery and Reinvestment Act spending for drinking water may soon begin to make its way into the market.

"The Company amended its 2007 Credit Agreement in June 2009. The amendment provides more financial covenant flexibility and, among other things, resulted in increased interest rates and new financial covenants. MWA repaid $126.5 million of debt in the third quarter."

To read the entire report visit: http://www.stockpreacher.com/n/MWA

See what investors are saying about these stocks at: http://www.stockhideout.com/

StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com

StockPreacher.com Disclosure

StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly-owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.

CONTACT: StockPreacher.com Jeff Bishop (469)-252-3505 press@beaconequity.com
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Industrial MachineryIndustrialsUtilities
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!