Mueller Industries traded at $136.44 this Friday May 15th, decreasing $2.86 or 2.05 percent since the previous trading session. Looking back, over the last four weeks, Mueller Industries lost 15.38 percent. Over the last 12 months, its price rose by 71.88 percent. Looking ahead, we forecast Mueller Industries to be priced at 133.70 by the end of this quarter and at 125.80 in one year, according to Trading Economics global macro models projections and analysts expectations.
Mueller Industries, Inc. is a manufacturer of copper, brass, aluminum, and plastic products. The Company operates through three segments: Piping Systems, Industrial Metals and Climate. The Piping Systems segment consists of Domestic Piping Systems Group, Great Lakes Copper, Pexcor Manufacturing Company and Heatlink Group Inc., Die-Mold Tool Limited, European Operations, Trading Group, and Jungwoo Metal Ind. Co., LTD. The Domestic Piping Systems Group manufactures and distributes copper tube, fittings, line sets, and pipe nipples, and resells steel pipe, brass and plastic plumbing valves, malleable iron fittings and faucets, and plumbing specialties. The Industrial Metals segment consists of Brass Rod & Copper Bar Products, Impacts & Micro Gauge, and Brass Value-Added Products. The Climate segment consists of Refrigeration Products, Fabricated Tube Products, Westermeyer Industries, Inc., Turbotec Products, Inc., ATCO Rubber Products, Inc., Linesets, Inc., and Shoals Tubular, Inc.