The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a weak stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
The company's current financial score is 7.19, which is lower than the Water & Related Utilities industry's average of 7.42. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 54.09M, representing a year-over-year decrease of 1.83%, while its net profit experienced a year-over-year decrease of 2.45%.
Key Metrics
The company’s current valuation score is 5.35, which is lower than the Water & Related Utilities industry's average of 6.75. Its current P/E ratio is 20.89, which is 95.89% below the recent high of 40.93 and 6.04% above the recent low of 19.63.
The company’s current earnings forecast score is 8.00, which is lower than the Water & Related Utilities industry's average of 8.32. The average price target for Middlesex Water Co is 63.00, with a high of 65.00 and a low of 53.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The company’s current price momentum score is 7.12, which is higher than the Water & Related Utilities industry's average of 6.97. Sideways: Currently, the stock price is trading between the resistance level at 60.01 and the support level at 42.00, making it suitable for range-bound swing trading.
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The company’s current institutional recognition score is 7.00, which is higher than the Water & Related Utilities industry's average of 6.00. The latest institutional shareholding proportion is 85.43%, representing a quarter-over-quarter increase of 4.33%. The largest institutional shareholder is The Vanguard, holding a total of 1.42M shares, representing 7.88% of shares outstanding, with 1.44% increase in holdings.
The company’s current risk assessment score is 9.00, which is higher than the Water & Related Utilities industry's average of 7.84. The company's beta value is 0.85. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.
