MS

Middlesex Water CoNASDAQ MSEX Stock Report

Last reporting period 30 Jun, 2024

Updated 19 Sep, 2024

Last price

Market cap $B

1.205

Small

Exchange

XNAS - Nasdaq

MSEX Stock Analysis

MS

Avoid

Based on Eyestock quantitative analysis, MSEX`s fundamental data and valuation indicate an investment grade of Avoid at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

40/100

Low score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

5.8 %

Undervalued

Market cap $B

1.205

Dividend yield

2.12 %

Shares outstanding

17.642 B

Middlesex Water Co. owns and operates regulated water utility and wastewater systems. The company is headquartered in Iselin, New Jersey and currently employs 350 full-time employees. The firm owns and operates regulated water utility and wastewater systems primarily in New Jersey and Delaware. The company also operates water and wastewater systems under contract on behalf of municipal and private clients primarily in New Jersey and Delaware. The firm operates through two segments: Regulated and Non-Regulated. The Regulated segment is engaged in the business of collecting, treating and distributing water on a retail and wholesale basis to residential, commercial, industrial and fire protection customers in parts of New Jersey and Delaware. The Non-Regulated segment primarily consists of non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The firm's subsidiaries include Tidewater Utilities, Inc. (Tidewater), Southern Shores Water Company, LLC (Southern Shores) and White Marsh Environmental Systems, Inc. (White Marsh).

View Section: Eyestock Rating