Middlesex Water Co (MSEX)

$48.78

-0.3

(-0.61%)▲

Market is closed - opens 7 PM, 26 Apr 2024

Insights on Middlesex Water Co

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 46.71M → 38.60M (in $), with an average decrease of 17.4% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, 9.99M → 5.76M (in $), with an average decrease of 42.3% per quarter

  • Vs WTRG

    In the last 1 year, Middlesex Water Co has experienced a drawdown of -34.6%, however Essential Utilities Inc. resisted the overall trend and outperformed by 19.6%

  • Vs AWR

    In the last 3 years, Middlesex Water Co has experienced a drawdown of -41.0%, however American States Water Co resisted the overall trend and outperformed by 17.8%

Performance

  • $48.02
    $49.16
    $48.78
    downward going graph

    1.56%

    Downside

    Day's Volatility :2.32%

    Upside

    0.77%

    downward going graph
  • $45.42
    $81.92
    $48.78
    downward going graph

    6.89%

    Downside

    52 Weeks Volatility :44.56%

    Upside

    40.45%

    downward going graph

Returns

PeriodMiddlesex Water CoSector (Utilities)Index (Russel 2000)
3 Months
-15.38%
9.0%
0.0%
6 Months
-22.35%
11.5%
0.0%
1 Year
-36.58%
-2.2%
2.2%
3 Years
-40.99%
0.8%
-23.0%

Highlights

Market Capitalization
859.3M
Book Value
$23.74
Dividend Share
1.263
Dividend Yield
2.69%
Earnings Per Share (EPS)
1.76
PE Ratio
27.41
PEG Ratio
10.95
Wall Street Target Price
61.5
Profit Margin
18.96%
Operating Margin TTM
23.04%
Return On Assets TTM
2.26%
Return On Equity TTM
7.62%
Revenue TTM
166.3M
Revenue Per Share TTM
9.38
Quarterly Revenue Growth YOY
-0.6%
Gross Profit TTM
83.3M
EBITDA
71.3M
Diluted Eps TTM
1.76
Quarterly Earnings Growth YOY
-0.2
EPS Estimate Current Year
2.22
EPS Estimate Next Year
2.35
EPS Estimate Current Quarter
0.52
EPS Estimate Next Quarter
0.47

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 26.08%

Current $48.78
Target $61.50

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%
Q3 FY22Q/Q Change
Revenue
47.7M
↑ 20.28%
Net Income
14.3M
↑ 61.15%
Net Profit Margin
29.94%
↑ 7.59%
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%
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%
Q3 FY22Q/Q Change
Total Assets
1.1B
↑ 2.57%
Total Liabilities
664.5M
↑ 2.17%
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%
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%
Q3 FY22Q/Q Change
Operating Cash Flow
17.4M
↑ 34.88%
Investing Cash Flow
-26.6M
↑ 17.1%
Financing Cash Flow
7.8M
↓ 28.09%
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 favorable trading position ( BUY ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Middlesex Water Co
Middlesex Water Co
-2.75%
-22.35%
-36.58%
-40.99%
-12.06%
American States Water Co
American States Water Co
0.44%
-9.88%
-21.23%
-12.01%
1.36%
American Water Works Company, Inc.
American Water Works Company, Inc.
3.6%
2.83%
-18.58%
-23.05%
13.55%
Essential Utilities Inc.
Essential Utilities Inc.
2.67%
10.66%
-15.04%
-23.17%
-5.43%
Sjw Group
Sjw Group
-0.7%
-7.41%
-28.54%
-18.16%
-8.83%
California Water Service Group
California Water Service Group
1.9%
0.5%
-19.94%
-22.85%
-6.65%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Middlesex Water Co
Middlesex Water Co
27.41
27.41
10.95
2.22
0.08
0.02
0.03
23.74
American States Water Co
American States Water Co
20.89
20.89
6.85
3.02
0.17
0.06
0.02
20.99
American Water Works Company, Inc.
American Water Works Company, Inc.
24.46
24.46
2.92
5.25
0.11
0.03
0.02
50.31
Essential Utilities Inc.
Essential Utilities Inc.
19.49
19.49
2.27
1.98
0.09
0.03
0.03
21.57
Sjw Group
Sjw Group
20.55
20.55
3.46
2.76
0.07
0.02
0.03
38.52
California Water Service Group
California Water Service Group
50.8
50.8
2.7
2.43
0.04
0.01
0.02
24.72
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Middlesex Water Co
Middlesex Water Co
Buy
$859.3M
-12.06%
27.41
18.96%
American States Water Co
American States Water Co
Sell
$2.6B
1.36%
20.89
20.97%
American Water Works Company, Inc.
American Water Works Company, Inc.
Buy
$23.4B
13.55%
24.46
22.3%
Essential Utilities Inc.
Essential Utilities Inc.
Buy
$9.9B
-5.43%
19.49
24.26%
Sjw Group
Sjw Group
Hold
$1.8B
-8.83%
20.55
12.68%
California Water Service Group
California Water Service Group
Sell
$2.7B
-6.65%
50.8
6.53%

Institutional Holdings

  • BlackRock Inc

    18.37%

  • Vanguard Group Inc

    8.01%

  • First Trust Advisors L.P.

    6.82%

  • Pictet Asset Manangement SA

    4.21%

  • State Street Corporation

    3.97%

  • Dimensional Fund Advisors, Inc.

    2.62%

Corporate Announcements

  • Middlesex Water Co Dividends March,2024

    In the quarter ending March,2024. Middlesex Water Co has declared dividend of $0.33

    Read More

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

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