Middlesex Water Co's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 8 out of 14 in the Water & Related Utilities industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 56.00.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, 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.
Media Coverage
The current financial score of Middlesex Water Co is 6.41, ranking 13 out of 14 in the Water & Related Utilities industry. Its financial status is stable, and its operating efficiency is average. 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 current valuation score of Middlesex Water Co is 5.35, ranking 11 out of 14 in the Water & Related Utilities industry. Its current P/E ratio is 21.45, which is 90.85% below the recent high of 40.93 and 8.46% above the recent low of 19.63.
The current earnings forecast score of Middlesex Water Co is 6.67, ranking 9 out of 14 in the Water & Related Utilities industry. The average price target is 63.00, with a high of 65.00 and a low of 51.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Middlesex Water Co is 6.15, ranking 11 out of 14 in the Water & Related Utilities industry. Currently, the stock price is trading between the resistance level at 54.20 and the support level at 49.69, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Middlesex Water Co is 7.00, ranking 4 out of 14 in the Water & Related Utilities industry. The latest institutional shareholding proportion is 82.82%, representing a quarter-over-quarter decrease of 1.30%. The largest institutional shareholder is The Vanguard, holding a total of 1.40M shares, representing 7.61% of shares outstanding, with 3.22% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Water & Related Utilities domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Middlesex Water Co is 6.53, ranking 10 out of 14 in the Water & Related Utilities industry. The company's beta value is 0.91. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
