Middlesex Water Statistics
Share Statistics
Middlesex Water has 17.86M shares outstanding. The number of shares has increased by 0.19% in one year.
| Shares Outstanding | 17.86M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 0.14% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 17.38M |
| Failed to Deliver (FTD) Shares | 395 |
| FTD / Avg. Volume | 0.32% |
Short Selling Information
The latest short interest is 751.16K, so 4.21% of the outstanding shares have been sold short.
| Short Interest | 751.16K |
| Short % of Shares Out | 4.21% |
| Short % of Float | 4.32% |
| Short Ratio (days to cover) | 7.71 |
Valuation Ratios
The PE ratio is 36.91 and the forward PE ratio is 28.15. Middlesex Water's PEG ratio is 0.8.
| PE Ratio | 36.91 |
| Forward PE | 28.15 |
| PS Ratio | 7 |
| Forward PS | 4.2 |
| PB Ratio | 2.74 |
| P/FCF Ratio | -31.11 |
| PEG Ratio | 0.8 |
Enterprise Valuation
Middlesex Water has an Enterprise Value (EV) of 1.57B.
| EV / Earnings | 49.91 |
| EV / Sales | 9.46 |
| EV / EBITDA | 21.64 |
| EV / EBIT | 40.12 |
| EV / FCF | -42.08 |
Financial Position
The company has a current ratio of 1.05, with a Debt / Equity ratio of 0.97.
| Current Ratio | 1.05 |
| Quick Ratio | 0.98 |
| Debt / Equity | 0.97 |
| Total Debt / Capitalization | 49.24 |
| Cash Flow / Debt | 0.13 |
| Interest Coverage | 3.66 |
Financial Efficiency
Return on equity (ROE) is 0.07% and return on capital (ROIC) is 4.53%.
| Return on Equity (ROE) | 0.07% |
| Return on Assets (ROA) | 0.03% |
| Return on Capital (ROIC) | 4.53% |
| Revenue Per Employee | 468.38K |
| Profits Per Employee | 88.80K |
| Employee Count | 355 |
| Asset Turnover | 0.13 |
| Inventory Turnover | 11.92 |
Taxes
| Income Tax | 1.04M |
| Effective Tax Rate | 0.03 |
Stock Price Statistics
The stock price has increased by -17.56% in the last 52 weeks. The beta is 0.79, so Middlesex Water's price volatility has been higher than the market average.
| Beta | 0.79 |
| 52-Week Price Change | -17.56% |
| 50-Day Moving Average | 60.24 |
| 200-Day Moving Average | 58.56 |
| Relative Strength Index (RSI) | 25.48 |
| Average Volume (20 Days) | 123.09K |
Income Statement
In the last 12 months, Middlesex Water had revenue of 166.27M and earned 31.52M in profits. Earnings per share was 1.77.
| Revenue | 166.27M |
| Gross Profit | 83.16M |
| Operating Income | 39.22M |
| Net Income | 31.52M |
| EBITDA | 72.72M |
| EBIT | 39.22M |
| Earnings Per Share (EPS) | 1.77 |
Balance Sheet
The company has 2.39M in cash and 412.31M in debt, giving a net cash position of -409.92M.
| Cash & Cash Equivalents | 2.39M |
| Total Debt | 412.31M |
| Net Cash | -409.92M |
| Retained Earnings | 176.23M |
| Total Assets | 1.23B |
| Working Capital | -27.77M |
Cash Flow
In the last 12 months, operating cash flow was 52.78M and capital expenditures -90.18M, giving a free cash flow of -37.40M.
| Operating Cash Flow | 52.78M |
| Capital Expenditures | -90.18M |
| Free Cash Flow | -37.40M |
| FCF Per Share | -2.11 |
Margins
Gross margin is 50.01%, with operating and profit margins of 23.59% and 18.96%.
| Gross Margin | 50.01% |
| Operating Margin | 23.59% |
| Pretax Margin | 19.59% |
| Profit Margin | 18.96% |
| EBITDA Margin | 43.73% |
| EBIT Margin | 23.59% |
| FCF Margin | -22.49% |
Dividends & Yields
MSEX pays an annual dividend of $1.36, which amounts to a dividend yield of 2.76%.
| Dividend Per Share | $1.36 |
| Dividend Yield | 2.76% |
| Dividend Growth (YoY) | 4.62% |
| Payout Ratio | 59.13% |
| Earnings Yield | 3.56% |
| FCF Yield | -4.21% |
Analyst Forecast
The average price target for MSEX is $58.5, which is 17.6% higher than the current price. The consensus rating is "Sell".
| Price Target | $58.5 |
| Price Target Difference | 17.6% |
| Analyst Consensus | Sell |
| Analyst Count | 2 |
Stock Splits
The last stock split was on Nov 17, 2003. It was a forward split with a ratio of 4:3.
| Last Split Date | Nov 17, 2003 |
| Split Type | forward |
| Split Ratio | 4:3 |
Scores
| Altman Z-Score | 1.18 |
| Piotroski F-Score | 7 |