With 1.08 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.89 million shares. During the session, the Metal Fabrication company that operates in wider Industrials sector, reached to the highest price of $80.04 whereas the lowest price it dropped to was $78.11. The 52-week range on MLI shows that it touched its highest point at $96.81 and its lowest point at $50.84 during that stretch. It currently has a 1-year price target of $105.00. With its current market cap of 8.86 billion, MLI has annualized dividend of $0.80 while the current yield stands at 1.02%. MLI paid its most recent dividend on 1733443200, while the ex-dividend date for that was 1741910400. Beta for the stock currently stands at 0.95.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MLI was down-trending over the past week, with a drop of -1.68%, but this was down by -3.24% over a month. Three-month performance surged to 0.18% while six-month performance rose 16.49%. The stock gained 50.53% in the past year, while it has lost -1.46% so far this year. A look at the trailing 12-month EPS for MLI yields 5.31 with Next year EPS estimates of 6.35. For the next quarter, that number is 1.31. This implies an EPS growth rate of 6.40% for this year and 12.39% for next year.
Float and Shares Shorts:
At present, 113.75 million MLI shares are outstanding with a float of 109.28 million shares on hand for trading. On 2025-02-28, short shares totaled 3.66 million, which was 323.00000000000006 higher than short shares on 1738281600. In addition to Mr. Gregory L. Christopher as the firm’s Chairman of the Board & CEO, Mr. Jeffrey A. Martin serves as its Executive VP, CFO & Treasurer.
Institutional Ownership:
Through their ownership of 0.93628997 of MLI’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-12-28, MLI reported revenue of $923536000.0 and operating income of $166213000.0. The EBITDA in the recently reported quarter was $197046000.0 and diluted EPS was $1.21.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With MLI analysts setting a high price target of 105.0 and a low target of 105.0, the average target price over the next 12 months is 105.0. Based on these targets, MLI could surge 34.27% to reach the target high and rise by 34.27% to reach the target low. Reaching the average price target will result in a growth of 34.27% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $5.2 being high and $5.2 being low. For MLI, this leads to a yearly average estimate of $5.2. Based on analyst estimates, the high estimate for the next quarter is $1.58 and the low estimate is $1.58. The average estimate for the next quarter is thus $1.58.
