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Upturn AI SWOT - About
MSEX 
Middlesex Water Company (MSEX)
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Stock price based on last close (see disclosures)
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Upturn Advisory Summary
09/15/2025: MSEX (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
3 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $64
1 Year Target Price $64
| 1 | Strong Buy |
| 0 | Buy |
| 1 | Hold |
| 1 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -24.87% | Avg. Invested days 39 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/15/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 971.46M USD | Price to earnings Ratio 22.28 | 1Y Target Price 64 |
Price to earnings Ratio 22.28 | 1Y Target Price 64 | ||
Volume (30-day avg) 3 | Beta 0.82 | 52 Weeks Range 47.26 - 69.02 | Updated Date 09/15/2025 |
52 Weeks Range 47.26 - 69.02 | Updated Date 09/15/2025 | ||
Dividends yield (FY) 2.50% | Basic EPS (TTM) 2.42 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 22.15% | Operating Margin (TTM) 30.57% |
Management Effectiveness
Return on Assets (TTM) 2.82% | Return on Equity (TTM) 9.7% |
Valuation
Trailing PE 22.28 | Forward PE 28.57 | Enterprise Value 1386282228 | Price to Sales(TTM) 4.96 |
Enterprise Value 1386282228 | Price to Sales(TTM) 4.96 | ||
Enterprise Value to Revenue 7.08 | Enterprise Value to EBITDA 15.32 | Shares Outstanding 18016600 | Shares Floating 17736481 |
Shares Outstanding 18016600 | Shares Floating 17736481 | ||
Percent Insiders 1.36 | Percent Institutions 79.36 |
Upturn AI SWOT
Middlesex Water Company
Company Overview
History and Background
Middlesex Water Company was founded in 1897. It has evolved from a local water provider to a company offering a range of water and wastewater services in New Jersey, Delaware, and Pennsylvania through acquisitions and organic growth.
Core Business Areas
- Regulated Water: Distribution of potable water to residential, commercial, industrial, and governmental customers under regulated tariffs.
- Regulated Wastewater: Collection, treatment, and disposal of wastewater under regulated tariffs.
- Non-Regulated Services: Contract operation and maintenance services for water and wastewater systems, and water and wastewater related engineering and consulting services.
Leadership and Structure
The company is led by a board of directors and executive management team, including the CEO and CFO. The organizational structure includes departments for operations, finance, engineering, and customer service.
Top Products and Market Share
Key Offerings
- Potable Water Distribution: Delivery of clean drinking water to customers. Market share is regional and varies depending on the service area. Competitors are other municipal and private water companies.
- Wastewater Treatment: Treatment of wastewater to meet environmental regulations. Market share is regional, competing with municipal and other private wastewater treatment facilities.
- Contract Services: Operation and maintenance services for water and wastewater systems. Market share varies depending on contract size and location. Competitors include Veolia, American Water Works, and Jacobs.
Market Dynamics
Industry Overview
The water and wastewater industry is characterized by aging infrastructure, increasing regulatory requirements, and a growing need for investment in new technologies. It's a relatively stable industry with consistent demand.
Positioning
Middlesex Water Company is positioned as a regional player focused on providing reliable water and wastewater services. Competitive advantages include its experience, regional presence, and established customer base.
Total Addressable Market (TAM)
The TAM for water and wastewater services in the US is estimated to be in the hundreds of billions of dollars annually. Middlesex Water Company is positioned to capture a share of this TAM through organic growth, acquisitions, and infrastructure investment.
Upturn SWOT Analysis
Strengths
- Established regional presence
- Reliable service record
- Regulatory expertise
- Diversified service offerings
- Stable customer base
Weaknesses
- Limited geographic footprint
- Dependence on regulatory approvals
- Exposure to infrastructure risks
- Relatively small market capitalization
- Debt Levels
Opportunities
- Acquisitions of smaller water systems
- Expansion into new geographic areas
- Investment in infrastructure upgrades
- Growth in non-regulated services
- Increased demand for water and wastewater services
Threats
- Stringent environmental regulations
- Fluctuations in water supply
- Rising operating costs
- Competition from larger players
- Economic downturns
Competitors and Market Share
Key Competitors
- AWK
- WTRG
- CTWS
Competitive Landscape
Middlesex Water Company competes with larger national players like American Water Works (AWK) and Essential Utilities (WTRG), as well as smaller regional operators. MSEX's competitive advantage lies in its regional focus and established customer base.
Major Acquisitions
Twin Falls Water Works
- Year: 2022
- Acquisition Price (USD millions): 4.5
- Strategic Rationale: Expanded service territory and customer base in Idaho.
Saddle River Water Company
- Year: 2021
- Acquisition Price (USD millions): 9.3
- Strategic Rationale: Expanded service territory and customer base in New Jersey.
Growth Trajectory and Initiatives
Historical Growth: Middlesex Water Company has experienced steady growth driven by organic expansion, acquisitions, and rate increases.
Future Projections: Analysts project continued growth in revenue and earnings, supported by infrastructure investments and a favorable regulatory environment.
Recent Initiatives: Recent initiatives include investments in water infrastructure, acquisitions of smaller water systems, and expansion of non-regulated service offerings.
Summary
Middlesex Water Company is a stable, regulated utility with a history of steady growth and dividend payments. Its strengths include a regional focus and reliable service, while its weaknesses are a limited geographic footprint and reliance on regulatory approvals. Growth opportunities lie in acquisitions and infrastructure investments, but the company faces threats from environmental regulations and larger competitors. The company seems in a neutral position to capitalize on growth and must keep a close eye on the regulatory constraints of the industry.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings (10-K, 10-Q), Investor Presentations, Analyst Reports, Financial News Outlets
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual research and consultation with a qualified financial advisor. Market share data is approximate and may vary depending on the source.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Middlesex Water Company
Exchange NASDAQ | Headquaters Iselin, NJ, United States | ||
IPO Launch date 1990-03-26 | President, CEO & Chairman of the Board Ms. Nadine M. Duchemin-Leslie | ||
Sector Utilities | Industry Utilities - Regulated Water | Full time employees 360 | Website https://www.middlesexwater.com |
Full time employees 360 | Website https://www.middlesexwater.com | ||
Middlesex Water Company owns and operates regulated water utility and wastewater systems in the United States. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers; and provides regulated wastewater system in New Jersey, Pinelands Wastewater. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems. The company primarily operates in parts of New Jersey and Delaware, including Middlesex, Tidewater, Pinelands Water, and Southern Shores. Middlesex Water Company was incorporated in 1896 and is headquartered in Iselin, New Jersey.
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