Middlesex Water Company (MSEX)
NASDAQ: MSEX · Real-Time Price · USD
65.69
-0.41 (-0.62%)
Nov 20, 2024, 4:00 PM EST - Market closed
Middlesex Water Company Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for MSEX stock has a target of 61, which predicts a decrease of -7.14% from the current stock price of 65.69.
Analyst Consensus: Hold
Analyst Ratings
According to 1 stock analyst, the rating for MSEX is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold Maintains $58 → $61 | Hold | Maintains | $58 → $61 | -7.14% | Nov 1, 2024 |
| Baird | Baird | Buy → Hold Downgrades $58 | Buy → Hold | Downgrades | $58 | -11.71% | Aug 5, 2024 |
| Baird | Baird | Buy Maintains $56 → $58 | Buy | Maintains | $56 → $58 | -11.71% | May 9, 2024 |
| Baird | Baird | Buy Maintains $69 → $59 | Buy | Maintains | $69 → $59 | -10.18% | Mar 1, 2024 |
| Baird | Baird | Buy Maintains $88 → $85 | Buy | Maintains | $88 → $85 | +29.40% | May 2, 2023 |
Financial Forecast
Revenue This Year
191.66M
from 166.27M
Increased by 15.27%
Revenue Next Year
203.80M
from 191.66M
Increased by 6.33%
EPS This Year
2.39
from 1.76
Increased by 35.64%
EPS Next Year
2.43
from 2.39
Increased by 1.49%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 199.3M | 218.0M | 230.6M |
| Avg | 191.7M | 203.8M | 216.6M |
| Low | 182.3M | 188.2M | 200.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.9% | 13.7% | 13.1% |
| Avg | 15.3% | 6.3% | 6.3% |
| Low | 9.6% | -1.8% | -1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.47 | 2.51 | 2.68 |
| Avg | 2.39 | 2.43 | 2.59 |
| Low | 2.29 | 2.32 | 2.48 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 39.9% | 4.9% | 10.3% |
| Avg | 35.6% | 1.5% | 6.7% |
| Low | 30.0% | -2.9% | 2.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.