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Middlesex Water Company (MSEX)
NASDAQ:MSEX
RESEARCH TOOLSreports
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MSEX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$45.42 - $70.73
Previous Close$52.88
Volume157.52K
Average Volume (3M)110.79K
Market Cap
$944.18M
Enterprise Value$1.32B
Total Cash (Recent Filing)$6.34M
Total Debt (Recent Filing)$380.12M
Price to Earnings (P/E)23.0
Beta0.78
Next Earnings
Feb 21, 2025EPS Estimate
$0.37Last Dividend Ex-Date
Nov 15, 2024Dividend Yield2.49%
Share Statistics
EPS (TTM)2.30
Shares Outstanding17,855,200
10 Day Avg. Volume286,669
30 Day Avg. Volume110,787
Standard Deviation0.09
R-Squared0.21
Alpha-0.00387
Financial Highlights & Ratios
PEG Ratio0.93
Price to Book (P/B)2.16
Price to Sales (P/S)5.15
Price to Cash Flow (P/CF)12.10
P/FCF Ratio135.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.19
Enterprise Value/Gross Profit15.85
Enterprise Value/Ebitda16.00
Forecast
1Y Price Target
$58.50Price Target Upside9.86% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering2
Middlesex Water Company News
PremiumCompany Announcements
Middlesex Water Secures Executive Retention Amid Changes
PremiumCompany Announcements
Middlesex Water Reports Strong Q3 Earnings Growth
Bulls Say, Bears Say
Bulls Say
Financial PerformanceWater utility comps have gained around 11% with MSEX outperforming at 27%, showcasing strong market performance.
LeadershipZerhouni's track record is viewed positively, indicating confidence in his ability to lead as the new CFO.
ValuationThe company's price target is based on a justified premium due to scarcity value and a favorable regulatory environment.
Bears Say
Earnings VisibilityThe omission of capital investment outlook from the 10-Q may reduce transparency into potential earnings growth.
Financial PerformanceQ2 results were lower than analyst estimates, with regulated capital expenditure significantly missing expectations.
Regulatory RisksChanges in state regulatory climate pose significant risks to the company's operations.
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Ownership Overview
1.69% Insiders
19.59% Mutual Funds
13.26% Other Institutional Investors
34.70% 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 $45.42 and its highest was $70.73 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 Feb 21, 2025 which is in 52 days.
How were Middlesex Water Company’s earnings last quarter?
Middlesex Water Company released its earnings results on Oct 31, 2024. The company reported $0.8 earnings per share for the quarter, beating the consensus estimate of $0.69 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 $0.34 which represents an annual dividend yield of 2.49%. See more information on Middlesex Water Company dividends here
What is Middlesex Water Company’s EPS estimate?
Middlesex Water Company’s EPS estimate is $0.37.
How many shares outstanding does Middlesex Water Company have?
Middlesex Water Company has 17,855,200 shares outstanding.
What happened to Middlesex Water Company’s price movement after its last earnings report?
Middlesex Water Company reported an EPS of $0.8 in its last earnings report, beating expectations of $0.69. Following the earnings report the stock price went up 6.67%.
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 269K.
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Middlesex Water Company Stock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
$58.50 (9.86% Upside)
$58.50 (9.86% Upside)
Blogger Sentiment
Bullish
MSEX Sentiment 75%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 312.0 Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $9.9K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
-19.57%
12-Months-Change
Fundamentals
Return on Equity
9.55%
Trailing 12-Months
Asset Growth
-1.11%
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
$58.50
▲(9.86% Upside)
Technical Analysis
Best Analysts Covering MSEX
1 Year
1 Year Success Rate
1/1 ratings generated profit
1 Year Average Return
+11.70%
initiated a sell rating 20 days ago
Copying Ross Fowler's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +11.70% per trade.
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