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Middlesex Water Company (MSEX)
NASDAQ:MSEX
RESEARCH TOOLSreports
Middlesex Water Company (MSEX) Stock Price & Analysis
201 Followers
MSEX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$45.16 - $82.64
Previous Close$61.93
Volume108.05K
Average Volume (3M)114.95K
Market Cap
$1.10B
Enterprise Value$1.51B
Total Cash (Recent Filing)$2.39M
Total Debt (Recent Filing)$411.71M
Price to Earnings (P/E)30.6
Beta0.67
Next Earnings
Nov 01, 2024EPS EstimateN/A
Last Dividend Ex-Date
May 14, 2024Dividend Yield2.08%
Share Statistics
EPS (TTM)2.03
Shares Outstanding17,828,604
10 Day Avg. Volume115,453
30 Day Avg. Volume114,949
Standard Deviation0.09
R-Squared0.23
Alpha-0.00631
Financial Highlights & Ratios
Price to Book (P/B)2.17
Price to Sales (P/S)5.51
Price to Cash Flow (P/CF)17.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.10
Enterprise Value/Gross Profit18.20
Enterprise Value/Ebitda21.72
Forecast
1Y Price Target
$58.00Price Target Upside-6.35% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Middlesex Water Company News
Bulls Say, Bears Say
Bulls Say
Financial OutlookAnalysts are raising the price target to $58 for MSEX based on its scarcity value and a friendlier regulatory environment, which could signal a positive trajectory for the stock's performance.
Leadership TransitionThe recent appointment of CEO successor Nadine Leslie, with over 25 years of experience in the water industry, is expected to lead to a smooth transition and maintain strong relationships with NJ regulatory authorities.
Regulatory ComplianceMSEX's preemptive implementation of a plan to achieve compliance with the EPA's recent PFAS regulations shows proactive management and positions the company ahead of regulatory challenges.
Bears Say
Earnings ReportThe company's Q1 results missed revenue expectations, indicating potential challenges in sales growth and market demand.
Financial PerformanceInflationary costs pose a significant threat to the company's profitability, especially for smaller systems which might be less able to absorb the increased expenses.
Regulatory And Environmental RisksThe stock faces heightened risks due to potential changes in state regulations and the unpredictability of weather-related events that could affect earnings.
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Ownership Overview
4.73% Insiders
16.31% Mutual Funds
28.42% Other Institutional Investors
50.55% 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 $82.64 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 101 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 Overvalued.
Does Middlesex Water Company pay dividends?
Middlesex Water Company pays a Quarterly dividend of $0.32 which represents an annual dividend yield of 2.08%. 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 Gotham Asset Management LLC. It holds Middlesex Water Company’s shares valued at 258K.
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Middlesex Water Company Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$58.00 (-6.35% Downside)
$58.00 (-6.35% Downside)
Blogger Sentiment
Bullish
MSEX Sentiment 80%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 4.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $49.0K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-23.24%
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
▼(-6.35% Downside)
Technical Analysis
American Water
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Essential Utilities
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California Water Service
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American States Water
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Best Analysts Covering MSEX
1 Year
1 Year Success Rate
7/15 ratings generated profit
1 Year Average Return
-3.00%
assigned a buy rating 3 months ago
Copying Ben Kallo's trades and holding each position for 1 Year would result in 46.67% of your transactions generating a profit, with an average return of -3.00% per trade.
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