Middlesex Water Co (MSEX)

$51.45

+0.6

(+1.18%)

Market is closed - opens 7 PM, 20 Jun 2024

Insights on Middlesex Water Co

  • Increasing Revenue

    Revenue is up for the last 2 quarters, 38.60M → 40.52M (in $), with an average increase of 4.7% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 2 quarters, 5.76M → 10.68M (in $), with an average increase of 46.0% per quarter

  • Vs CWT

    In the last 1 year, Middlesex Water Co has experienced a drawdown of -38.4%, however California Water Service Group resisted the overall trend and outperformed by 28.6%

  • Vs AWR

    In the last 3 years, Middlesex Water Co has experienced a drawdown of -39.7%, however American States Water Co resisted the overall trend and outperformed by 24.1%

Performance

  • $50.31
    $51.78
    $51.45
    downward going graph

    2.23%

    Downside

    Day's Volatility :2.85%

    Upside

    0.64%

    downward going graph
  • $44.91
    $80.97
    $51.45
    downward going graph

    12.71%

    Downside

    52 Weeks Volatility :44.54%

    Upside

    36.46%

    downward going graph

Returns

PeriodMiddlesex Water CoSector (Utilities)Index (Russel 2000)
3 Months
-1.05%
9.4%
0.0%
6 Months
-26.6%
9.4%
0.0%
1 Year
-38.62%
2.8%
0.0%
3 Years
-39.65%
7.9%
-20.9%

Highlights

Market Capitalization
913.7M
Book Value
$24.01
Dividend Share
1.275
Dividend Yield
2.54%
Earnings Per Share (EPS)
2.02
PE Ratio
25.37
PEG Ratio
10.95
Wall Street Target Price
62.5
Profit Margin
21.55%
Operating Margin TTM
27.47%
Return On Assets TTM
2.39%
Return On Equity TTM
8.7%
Revenue TTM
168.6M
Revenue Per Share TTM
9.49
Quarterly Revenue Growth YOY
6.2%
Gross Profit TTM
83.3M
EBITDA
73.0M
Diluted Eps TTM
2.02
Quarterly Earnings Growth YOY
0.81
EPS Estimate Current Year
2.29
EPS Estimate Next Year
2.36
EPS Estimate Current Quarter
0.46
EPS Estimate Next Quarter
0.62

Analyst Recommendation

Buy
    87%Buy
    12%Hold
    0
    0%Sell
Based on 8 Wall street analysts offering stock ratings for Middlesex Water Co(by analysts ranked 0 to 5 stars)
Based on 8 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
7
7
7
Hold
1
1
1
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 21.48%

Current $51.45
Target $62.50

Company Financials

FY18Y/Y Change
Revenue
138.1M
↑ 5.58%
Net Income
32.5M
↑ 42.28%
Net Profit Margin
23.5%
↑ 6.06%
FY19Y/Y Change
Revenue
134.6M
↓ 2.52%
Net Income
33.9M
↑ 4.42%
Net Profit Margin
25.18%
↑ 1.68%
FY20Y/Y Change
Revenue
141.6M
↑ 5.2%
Net Income
38.4M
↑ 13.39%
Net Profit Margin
27.14%
↑ 1.96%
FY21Y/Y Change
Revenue
143.1M
↑ 1.09%
Net Income
36.5M
↓ 4.9%
Net Profit Margin
25.53%
↓ 1.61%
FY22Y/Y Change
Revenue
162.4M
↑ 13.48%
Net Income
42.4M
↑ 16.11%
Net Profit Margin
26.12%
↑ 0.59%
FY23Y/Y Change
Revenue
166.3M
↑ 2.36%
Net Income
31.5M
↓ 25.7%
Net Profit Margin
18.96%
↓ 7.16%
Q4 FY22Q/Q Change
Revenue
38.8M
↓ 18.66%
Net Income
7.2M
↓ 49.82%
Net Profit Margin
18.47%
↓ 11.47%
Q1 FY23Q/Q Change
Revenue
38.2M
↓ 1.72%
Net Income
5.9M
↓ 18.17%
Net Profit Margin
15.38%
↓ 3.09%
Q2 FY23Q/Q Change
Revenue
42.8M
↑ 12.17%
Net Income
9.9M
↑ 68.73%
Net Profit Margin
23.13%
↑ 7.75%
Q3 FY23Q/Q Change
Revenue
46.7M
↑ 9.14%
Net Income
10.0M
↑ 0.9%
Net Profit Margin
21.38%
↓ 1.75%
Q4 FY23Q/Q Change
Revenue
38.6M
↓ 17.37%
Net Income
5.8M
↓ 42.29%
Net Profit Margin
14.93%
↓ 6.45%
Q1 FY24Q/Q Change
Revenue
40.5M
↑ 4.98%
Net Income
10.7M
↑ 85.29%
Net Profit Margin
26.36%
↑ 11.43%
FY18Y/Y Change
Total Assets
767.8M
↑ 16.14%
Total Liabilities
516.6M
↑ 20.27%
FY19Y/Y Change
Total Assets
909.9M
↑ 18.5%
Total Liabilities
584.0M
↑ 13.05%
FY20Y/Y Change
Total Assets
976.5M
↑ 7.32%
Total Liabilities
628.2M
↑ 7.56%
FY21Y/Y Change
Total Assets
1.0B
↑ 4.46%
Total Liabilities
650.2M
↑ 3.51%
FY22Y/Y Change
Total Assets
1.1B
↑ 5.34%
Total Liabilities
672.0M
↑ 3.36%
FY23Y/Y Change
Total Assets
1.2B
↑ 15.04%
Total Liabilities
811.0M
↑ 20.67%
Q4 FY22Q/Q Change
Total Assets
1.1B
↑ 0.92%
Total Liabilities
672.0M
↑ 1.13%
Q1 FY23Q/Q Change
Total Assets
1.1B
↑ 2.28%
Total Liabilities
693.5M
↑ 3.19%
Q2 FY23Q/Q Change
Total Assets
1.1B
↑ 2.61%
Total Liabilities
714.0M
↑ 2.96%
Q3 FY23Q/Q Change
Total Assets
1.2B
↑ 10.27%
Total Liabilities
821.7M
↑ 15.09%
Q4 FY23Q/Q Change
Total Assets
1.2B
↓ 0.59%
Total Liabilities
811.0M
↓ 1.31%
Q1 FY24Q/Q Change
Total Assets
1.3B
↑ 1.14%
Total Liabilities
820.3M
↑ 1.15%
FY18Y/Y Change
Operating Cash Flow
45.9M
↑ 7.05%
Investing Cash Flow
-72.1M
↑ 43.33%
Financing Cash Flow
25.5M
↑ 167.32%
FY19Y/Y Change
Operating Cash Flow
36.1M
↓ 21.39%
Investing Cash Flow
-89.1M
↑ 23.62%
Financing Cash Flow
93.9M
↑ 268.36%
FY20Y/Y Change
Operating Cash Flow
53.4M
↑ 47.99%
Investing Cash Flow
-105.6M
↑ 18.51%
Financing Cash Flow
16.2M
↓ 82.78%
FY21Y/Y Change
Operating Cash Flow
33.0M
↓ 38.1%
Investing Cash Flow
-79.4M
↓ 24.84%
Financing Cash Flow
39.5M
↑ 144.16%
FY22Y/Y Change
Operating Cash Flow
61.4M
↑ 85.78%
Investing Cash Flow
-88.2M
↑ 11.13%
Financing Cash Flow
27.1M
↓ 31.24%
Q4 FY22Q/Q Change
Operating Cash Flow
17.1M
↓ 1.5%
Investing Cash Flow
-25.4M
↓ 4.51%
Financing Cash Flow
9.2M
↑ 17.84%
Q1 FY23Q/Q Change
Operating Cash Flow
16.0M
↓ 6.72%
Investing Cash Flow
-24.5M
↓ 3.47%
Financing Cash Flow
9.6M
↑ 4.16%
Q2 FY23Q/Q Change
Operating Cash Flow
13.3M
↓ 16.61%
Investing Cash Flow
-26.1M
↑ 6.55%
Financing Cash Flow
12.3M
↑ 28.59%

Technicals Summary

Sell

Neutral

Buy

Middlesex Water Co is currently in a neutral trading position according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Middlesex Water Co
Middlesex Water Co
-10.29%
-26.6%
-38.62%
-39.65%
-14.22%
American States Water Co
American States Water Co
-9.26%
-14.01%
-19.6%
-12.36%
-4.17%
American Water Works Company, Inc.
American Water Works Company, Inc.
-3.63%
-1.64%
-13.09%
-18.29%
10.36%
Essential Utilities Inc.
Essential Utilities Inc.
-5.65%
2.74%
-9.87%
-20.5%
-10.05%
Sjw Group
Sjw Group
-12.01%
-21.56%
-27.04%
-17.66%
-14.21%
California Water Service Group
California Water Service Group
-10.29%
-9.42%
-8.79%
-15.57%
-4.96%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Middlesex Water Co
Middlesex Water Co
25.37
25.37
10.95
2.29
0.09
0.02
0.03
24.01
American States Water Co
American States Water Co
23.04
23.04
6.85
3.01
0.15
0.05
0.02
21.5
American Water Works Company, Inc.
American Water Works Company, Inc.
26.17
26.17
2.92
5.24
0.1
0.03
0.02
51.37
Essential Utilities Inc.
Essential Utilities Inc.
17.6
17.6
2.27
2.07
0.1
0.03
0.03
22.23
Sjw Group
Sjw Group
19.47
19.47
3.46
2.75
0.07
0.02
0.03
38.52
California Water Service Group
California Water Service Group
18.88
18.88
2.7
3.16
0.1
0.03
0.02
25.41
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Middlesex Water Co
Middlesex Water Co
Buy
$913.7M
-14.22%
25.37
21.55%
American States Water Co
American States Water Co
Sell
$2.6B
-4.17%
23.04
19.96%
American Water Works Company, Inc.
American Water Works Company, Inc.
Buy
$25.2B
10.36%
26.17
22.27%
Essential Utilities Inc.
Essential Utilities Inc.
Buy
$10.2B
-10.05%
17.6
29.52%
Sjw Group
Sjw Group
Buy
$1.7B
-14.21%
19.47
12.48%
California Water Service Group
California Water Service Group
Buy
$2.7B
-4.96%
18.88
15.42%

Institutional Holdings

  • BlackRock Inc

    19.09%
  • Vanguard Group Inc

    8.02%
  • T. Rowe Price Investment Management,Inc.

    5.82%
  • State Street Corporation

    4.10%
  • Morgan Stanley - Brokerage Accounts

    3.37%
  • Dimensional Fund Advisors, Inc.

    2.55%

Company Information

middlesex water company (nasdaq:msex) provides a full range of regulated and non-regulated water, wastewater utility and related services in parts of new jersey, delaware and pennsylvania. middlesex water engages in collecting, treating, distributing and selling water for domestic, commercial, municipal, industrial and fire protection purposes. through its comprehensive suite of services including its latest offering -- turnkey renewable energy services, the middlesex water family of companies provide customers, small system owners, developers and municipalities with practical water and wastewater solutions that enhance quality of life and serve as the framework for economic development.

Organization
Middlesex Water Co
Employees
355
CEO
Mr. A. Bruce O'Connor CPA
Industry
Utilities

FAQs