Middlesex Water Company (MSEX)
NASDAQ: MSEX · Real-Time Price · USD
64.27
-1.00 (-1.53%)
Nov 4, 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 -5.09% from the current stock price of 64.27.
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 | -5.09% | Nov 1, 2024 |
| Baird | Baird | Buy → Hold Downgrades $58 | Buy → Hold | Downgrades | $58 | -9.76% | Aug 5, 2024 |
| Baird | Baird | Buy Maintains $56 → $58 | Buy | Maintains | $56 → $58 | -9.76% | May 9, 2024 |
| Baird | Baird | Buy Maintains $69 → $59 | Buy | Maintains | $69 → $59 | -8.20% | Mar 1, 2024 |
| Baird | Baird | Buy Maintains $88 → $85 | Buy | Maintains | $88 → $85 | +32.25% | May 2, 2023 |
Financial Forecast
Revenue This Year
188.90M
from 166.27M
Increased by 13.61%
Revenue Next Year
202.37M
from 188.90M
Increased by 7.13%
EPS This Year
2.27
from 1.76
Increased by 28.70%
EPS Next Year
2.38
from 2.27
Increased by 4.94%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 198.9M | 215.0M | 228.5M |
| Avg | 188.9M | 202.4M | 222.0M |
| Low | 177.4M | 188.2M | 213.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.6% | 13.8% | 12.9% |
| Avg | 13.6% | 7.1% | 9.7% |
| Low | 6.7% | -0.4% | 5.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.35 | 2.48 | 2.65 |
| Avg | 2.27 | 2.38 | 2.57 |
| Low | 2.17 | 2.26 | 2.47 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 33.4% | 9.2% | 11.1% |
| Avg | 28.7% | 4.9% | 7.9% |
| Low | 22.8% | -0.3% | 3.7% |
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.