Middlesex Water Co [NASDAQ: MSEX] traded at a high on Wednesday, posting a 1.04 gain after which it closed the day’ session at $56.17.
The results of the trading session contributed to over 114351 shares changing hands. Over the past one week, the price volatility of Middlesex Water Co stands at 1.13% while the volatility over the past one month is 1.04%.
The market cap for MSEX stock reached $1.01 billion, with 17.89 million shares outstanding and 17.12 million shares in the current float. Compared to the average trading volume of 158.23K shares, MSEX reached a trading volume of 114351 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Middlesex Water Co [MSEX]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MSEX shares is $66.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MSEX stock is a recommendation set at 2.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Janney have made an estimate for Middlesex Water Co shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 04, 2025. The new note on the price target was released on March 03, 2025, representing the official price target for Middlesex Water Co stock. Previously, the target price had yet another raise to $56, while BofA Securities analysts kept a Underperform rating on MSEX stock.
The Average True Range (ATR) for Middlesex Water Co is set at 1.48, with the Price to Sales ratio for MSEX stock in the period of the last 12 months amounting to 5.14. The Price to Book ratio for the last quarter was 2.24, with the Price to Cash per share for the same quarter was set at 0.15.
How has MSEX stock performed recently?
Middlesex Water Co [MSEX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.68. With this latest performance, MSEX shares dropped by -4.99% in over the last four-week period, additionally sinking by -5.47% over the last 6 months – not to mention a rise of 9.60% in the past year of trading.
Middlesex Water Co [MSEX]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Middlesex Water Co [MSEX] shares currently have an operating margin of 28.06% and a Gross Margin at 39.40%. Middlesex Water Co’s Net Margin is presently recorded at 22.00%.
Return on Equity for this stock inclined to 3.41%, with Return on Assets sitting at 3.41%.
Insider trade positions for Middlesex Water Co [MSEX]
There are presently around $80.52%, or 81.63%% of MSEX stock, in the hands of institutional investors. The top three institutional holders of MSEX stocks are: BLACKROCK INC. with ownership of 3.36 million shares, which is approximately 18.8509%. VANGUARD GROUP INC, holding 1.39 million shares of the stock with an approximate value of $$72.54 million in MSEX stocks shares; and VANGUARD GROUP INC, currently with $$65.83 million in MSEX stock with ownership which is approximately 7.0651%.
