Middlesex Water (MSEX)
Middlesex Water Statistics
Share Statistics
Middlesex Water has 17.89M shares outstanding. The number of shares has increased by 0.33% in one year.
Shares Outstanding | 17.89M |
Shares Change (YoY) | 0.33% |
Shares Change (QoQ) | 0.18% |
Owned by Institutions (%) | 76.14% |
Shares Floating | 17.1M |
Failed to Deliver (FTD) Shares | 7 |
FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 515.98K, so 2.89% of the outstanding shares have been sold short.
Short Interest | 515.98K |
Short % of Shares Out | 2.89% |
Short % of Float | 3.62% |
Short Ratio (days to cover) | 3.33 |
Valuation Ratios
The PE ratio is 21.16 and the forward PE ratio is 22.87. Middlesex Water's PEG ratio is 0.53.
PE Ratio | 21.16 |
Forward PE | 22.87 |
PS Ratio | 4.89 |
Forward PS | 5 |
PB Ratio | 2.11 |
P/FCF Ratio | 15.98 |
PEG Ratio | 0.53 |
Enterprise Valuation
Middlesex Water has an Enterprise Value (EV) of 1.31B.
EV / Sales | 6.83 |
EV / EBITDA | 14.23 |
EV / EBIT | 22.3 |
EV / FCF | 22.3 |
Financial Position
The company has a current ratio of 0.52, with a Debt / Equity ratio of 0.84.
Current Ratio | 0.52 |
Quick Ratio | 0.52 |
Debt / Equity | 0.84 |
Debt / EBITDA | 4.08 |
Debt / FCF | 6.4 |
Interest Coverage | 4.17 |
Financial Efficiency
Return on Equity is 9.96% and Return on Invested Capital is 3.93%.
Return on Equity | 9.96% |
Return on Assets | 3.53% |
Return on Invested Capital | 3.93% |
Revenue Per Employee | $532.99K |
Profits Per Employee | $123.2K |
Employee Count | 360 |
Asset Turnover | 0.15 |
Inventory Turnover | n/a |
Taxes
Income Tax | 6.91M |
Effective Tax Rate | 13.47% |
Stock Price Statistics
The stock price has increased by 21.89% 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 | 21.89% |
50-Day Moving Average | 59.76 |
200-Day Moving Average | 60.3 |
Relative Strength Index (RSI) | 49 |
Average Volume (20 Days) | 167.05K |
Income Statement
In the last 12 months, Middlesex Water had revenue of 191.88M and earned 44.35M in profits. Earnings per share was 2.48.
Revenue | 191.88M |
Gross Profit | 191.88M |
Operating Income | 53.21M |
Net Income | 44.35M |
EBITDA | 92.06M |
EBIT | 64.03M |
Earnings Per Share (EPS) | 2.48 |
Balance Sheet
The company has 4.23M in cash and 375.82M in debt, giving a net cash position of -371.6M.
Cash & Cash Equivalents | 4.23M |
Total Debt | 375.82M |
Net Cash | -371.6M |
Retained Earnings | 197.06M |
Total Assets | 1.26B |
Working Capital | -39.91M |
Cash Flow
In the last 12 months, operating cash flow was 58.73M and capital expenditures 0, giving a free cash flow of 58.73M.
Operating Cash Flow | 58.73M |
Capital Expenditures | 0 |
Free Cash Flow | 58.73M |
FCF Per Share | 3.29 |
Margins
Gross margin is 100%, with operating and profit margins of 27.73% and 23.11%.
Gross Margin | 100% |
Operating Margin | 27.73% |
Pretax Margin | 26.71% |
Profit Margin | 23.11% |
EBITDA Margin | 47.98% |
EBIT Margin | 27.73% |
FCF Margin | 30.61% |
Dividends & Yields
MSEX pays an annual dividend of $1.33, which amounts to a dividend yield of 2.58%.
Dividend Per Share | $1.33 |
Dividend Yield | 2.58% |
Dividend Growth (YoY) | 4.62% |
Payout Ratio | 53.85% |
Earnings Yield | 4.73% |
FCF Yield | 6.26% |
Analyst Forecast
The average price target for MSEX is $58.5, which is -4.8% lower than the current price. The consensus rating is "Hold".
Price Target | $58.5 |
Price Target Difference | -4.8% |
Analyst Consensus | Hold |
Analyst Count | 3 |
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 | 1.33 |
Piotroski F-Score | 7 |