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Middlesex Water Company (MSEX)
NASDAQ:MSEX
RESEARCH TOOLSreports
Middlesex Water Company (MSEX) Stock Price & Analysis
199 Followers
MSEX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$45.16 - $82.67
Previous Close$57.38
Volume27.50K
Average Volume (3M)178.19K
Market Cap
$1.02B
Enterprise Value$1.43B
Total Cash (Recent Filing)$2.39M
Total Debt (Recent Filing)$411.71M
Price to Earnings (P/E)28.3
Beta0.59
Next Earnings
Nov 01, 2024EPS EstimateN/A
Last Dividend Ex-Date
May 14, 2024Dividend Yield2.22%
Share Statistics
EPS (TTM)2.03
Shares Outstanding17,828,604
10 Day Avg. Volume119,583
30 Day Avg. Volume178,189
Standard Deviation0.09
R-Squared0.21
Alpha-0.00508
Financial Highlights & Ratios
Price to Book (P/B)2.45
Price to Sales (P/S)6.15
Price to Cash Flow (P/CF)20.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.61
Enterprise Value/Gross Profit8.61
Enterprise Value/Ebitda20.47
Forecast
1Y Price Target
$58.00Price Target Upside1.19% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Middlesex Water Company News
Bulls Say, Bears Say
Bulls Say
Financial OutlookAnalysts raise the price target for MSEX, citing the company's unique position in a favorable regulatory environment and its anticipated benefits from confirmed rate increases.
Leadership TransitionThe recent appointment of Nadine Leslie as CEO, with her extensive experience and familiarity with NJ regulatory bodies, is a positive sign for Middlesex Water's strategic leadership.
Regulatory ComplianceMSEX's proactive approach to meeting the EPA's new PFAS regulations could position the company as a leader in environmental compliance within the utility sector.
Bears Say
Earnings ResultsQ1 results miss revenue, beat bottom-line estimates but Q4 results were below expectations, indicating potential concerns over the company's revenue growth.
Inflation ImpactInflationary costs could have an outsized impact on smaller systems, potentially squeezing profit margins and affecting overall financial health.
RisksRisks such as changes in state regulatory climate, weather-related earnings volatility, and financial market instability could adversely affect the company's performance.
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Ownership Overview
4.70% Insiders
15.55% Mutual Funds
39.72% Other Institutional Investors
40.04% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MSEX FAQ
What was Middlesex Water Company’s price range in the past 12 months?
Middlesex Water Company lowest stock price was $45.16 and its highest was $82.67 in the past 12 months.
What is Middlesex Water Company’s market cap?
Currently, no data Available
When is Middlesex Water Company’s upcoming earnings report date?
Middlesex Water Company’s upcoming earnings report date is Nov 01, 2024 which is in 170 days.
How were Middlesex Water Company’s earnings last quarter?
Middlesex Water Company released its earnings results on May 08, 2024. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.11.
Is Middlesex Water Company overvalued?
According to Wall Street analysts Middlesex Water Company’s price is currently Undervalued.
Does Middlesex Water Company pay dividends?
Middlesex Water Company pays a Quarterly dividend of $0.32 which represents an annual dividend yield of 2.22%. See more information on Middlesex Water Company dividends here
What is Middlesex Water Company’s EPS estimate?
Middlesex Water Company’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Middlesex Water Company have?
Middlesex Water Company has 17,828,604 shares outstanding.
What happened to Middlesex Water Company’s price movement after its last earnings report?
Middlesex Water Company reported an EPS of $0.59 in its last earnings report, beating expectations of $0.48. Following the earnings report the stock price went up 4.655%.
Which hedge fund is a major shareholder of Middlesex Water Company?
Among the largest hedge funds holding Middlesex Water Company’s share is HBK Investments LP. It holds Middlesex Water Company’s shares valued at N/A.
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Middlesex Water Company Stock Smart Score
Neutral
1
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5
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$58.00 (1.19% Upside)
$58.00 (1.19% Upside)
Blogger Sentiment
Bullish
MSEX Sentiment 66%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 14.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $961.8K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-20.24%
12-Months-Change
Fundamentals
Return on Equity
8.70%
Trailing 12-Months
Asset Growth
13.76%
Trailing 12-Months
Company Description
Middlesex Water Company
Middlesex Water Co. owns and operates regulated water utility and wastewater systems. The firm's services include water production, treatment, & distribution, full service municipal contract operations, wastewater collection and treatment. It operates through two segments: Regulated and Non-Regulated. The Regulated segment serves residential, commercial, industrial and municipal customers. The Non-Regulated segment engages in business activities with developers, government entities and other customers. The company was founded in 1897 and is headquartered in Iselin, NJ.
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MSEX Stock 12 Month Forecast
Average Price Target
$58.00
▲(1.19% Upside)
Technical Analysis
Best Analysts Covering MSEX
1 Year
1 Year Success Rate
5/15 ratings generated profit
1 Year Average Return
-5.54%
assigned a buy rating 8 days ago
Copying Ben Kallo's trades and holding each position for 1 Year would result in 33.33% of your transactions generating a profit, with an average return of -5.54% per trade.
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