Middlesex Water Company (MSEX)
NASDAQ: MSEX · Real-Time Price · USD
54.77
-0.07 (-0.13%)
Dec 20, 2024, 4:00 PM EST - Market closed
Middlesex Water Company Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for MSEX stock have an average target of 58.5, with a low estimate of 56 and a high estimate of 61. The average target predicts an increase of 6.81% from the current stock price of 54.77.
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for MSEX stock from 2 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Sell Initiates $56 | Sell | Initiates | $56 | +2.25% | Dec 11, 2024 |
| Baird | Baird | Hold Maintains $58 → $61 | Hold | Maintains | $58 → $61 | +11.37% | Nov 1, 2024 |
| Baird | Baird | Buy → Hold Downgrades $58 | Buy → Hold | Downgrades | $58 | +5.90% | Aug 5, 2024 |
| Baird | Baird | Buy Maintains $56 → $58 | Buy | Maintains | $56 → $58 | +5.90% | May 9, 2024 |
| Baird | Baird | Buy Maintains $69 → $59 | Buy | Maintains | $69 → $59 | +7.72% | Mar 1, 2024 |
Financial Forecast
Revenue This Year
189.98M
from 166.27M
Increased by 14.26%
Revenue Next Year
201.40M
from 189.98M
Increased by 6.01%
EPS This Year
2.39
from 1.76
Increased by 35.55%
EPS Next Year
2.45
from 2.39
Increased by 2.56%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 199.3M | 218.0M | 230.6M |
| Avg | 190.0M | 201.4M | 216.6M |
| Low | 179.3M | 188.2M | 200.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.9% | 14.7% | 14.5% |
| Avg | 14.3% | 6.0% | 7.5% |
| Low | 7.8% | -1.0% | -0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.47 | 2.57 | 2.68 |
| Avg | 2.39 | 2.45 | 2.59 |
| Low | 2.29 | 2.32 | 2.48 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 39.9% | 7.6% | 9.2% |
| Avg | 35.5% | 2.6% | 5.7% |
| Low | 30.0% | -2.8% | 1.1% |
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.