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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
10/17/2025: MSEX (1-star) has a low Upturn Star Rating. Not recommended to BUY.
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 -22.56% | Avg. Invested days 34 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/17/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.05B USD | Price to earnings Ratio 24.09 | 1Y Target Price 64 |
Price to earnings Ratio 24.09 | 1Y Target Price 64 | ||
Volume (30-day avg) 3 | Beta 0.82 | 52 Weeks Range 47.26 - 69.02 | Updated Date 10/17/2025 |
52 Weeks Range 47.26 - 69.02 | Updated Date 10/17/2025 | ||
Dividends yield (FY) 2.30% | 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 24.09 | Forward PE 28.57 | Enterprise Value 1364662260 | Price to Sales(TTM) 5.38 |
Enterprise Value 1364662260 | Price to Sales(TTM) 5.38 | ||
Enterprise Value to Revenue 6.97 | Enterprise Value to EBITDA 15.08 | Shares Outstanding 18016640 | Shares Floating 17736481 |
Shares Outstanding 18016640 | Shares Floating 17736481 | ||
Percent Insiders 1.36 | Percent Institutions 85.54 |
Upturn AI SWOT
Middlesex Water Company
Company Overview
History and Background
Middlesex Water Company was founded in 1897 and provides regulated water and wastewater services. It has grown through acquisitions and organic expansion, focusing on infrastructure investment and service quality.
Core Business Areas
- Regulated Water Utilities: Distribution, treatment, and supply of potable water to residential, commercial, and industrial customers. Largest segment.
- Regulated Wastewater Utilities: Collection, treatment, and disposal of wastewater.
- Non-Regulated Contract Services: Operation and maintenance of water and wastewater systems for municipal and private clients.
Leadership and Structure
The company is led by a CEO and a senior management team. It operates through various regional subsidiaries, reporting to a corporate headquarters. The board of directors provides oversight and strategic direction.
Top Products and Market Share
Key Offerings
- Potable Water: Provision of treated drinking water. Market share data is highly fragmented geographically and dependent on service territory. Competitors include other regional water utilities (e.g., American Water Works, Essential Utilities) and municipal water systems. Revenue is primarily based on regulated rates.
- wastewater: Provision of wastewater treatement. Market share data is highly fragmented geographically and dependent on service territory. Competitors include other regional wastewater utilities (e.g., American Water Works, Essential Utilities) and municipal wastewater systems. Revenue is primarily based on regulated rates.
- Wastewater Treatment: Treatment of sewage and other wastewater. Market share data is highly fragmented geographically and dependent on service territory. Competitors include other regional wastewater utilities (e.g., American Water Works, Essential Utilities) and municipal wastewater systems. Revenue is primarily based on regulated rates.
- Contract Operations: Management of water and wastewater systems for third parties. Market share is relatively small and competitive, involving both large and small firms. Competitors are firms specialized in operation and maintenance.
Market Dynamics
Industry Overview
The water and wastewater utility industry is characterized by stable demand, regulated rates, and significant capital investment requirements. Aging infrastructure, stricter environmental regulations, and population growth are key drivers.
Positioning
Middlesex Water Company is a regional player focused on operational efficiency and infrastructure improvements. Its competitive advantages include a long operating history, a stable service territory, and strong relationships with regulators.
Total Addressable Market (TAM)
The TAM for water and wastewater services in the U.S. is estimated to be in the hundreds of billions of dollars annually. Middlesex Water Company's position is relatively small, focusing on specific regional markets within this large TAM.
Upturn SWOT Analysis
Strengths
- Stable, regulated revenue streams
- Strong track record of infrastructure investment
- Experienced management team
- Geographic concentration provides operational efficiencies
Weaknesses
- Limited geographic diversification
- Exposure to regulatory risk
- High capital expenditure requirements
- Dependence on regulatory approvals for rate increases
Opportunities
- Acquisitions of smaller water and wastewater systems
- Expansion into new service territories
- Infrastructure modernization projects
- Increased demand for water services due to population growth
Threats
- Changes in environmental regulations
- Increased competition from larger utilities
- Economic downturns affecting customer demand
- Rising interest rates impacting borrowing costs
Competitors and Market Share
Key Competitors
- AWK
- WTRG
- SJW
Competitive Landscape
Middlesex Water Company is smaller than many of its competitors. Its strengths lie in its regional focus and operational expertise. Its disadvantages include its limited geographic diversification and exposure to regulatory risks.
Major Acquisitions
Pioneer Business Services
- Year: 2018
- Acquisition Price (USD millions): 6.2
- Strategic Rationale: Acquired to expand wastewater operations in Delaware.
Growth Trajectory and Initiatives
Historical Growth: Middlesex Water Company has experienced moderate growth through a combination of organic expansion and acquisitions.
Future Projections: Analyst estimates project continued growth, driven by infrastructure investment and rate increases.
Recent Initiatives: Recent initiatives include infrastructure upgrades, acquisitions of smaller water systems, and cost-efficiency programs.
Summary
Middlesex Water Company is a stable, regulated utility with a long operating history. It benefits from predictable revenue streams and a strong focus on infrastructure. However, its limited geographic diversification and exposure to regulatory risks are challenges it must address. Opportunities for growth lie in acquisitions and infrastructure modernization.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Analyst reports
- Industry publications
Disclaimers:
This analysis is for informational purposes only and does not constitute investment advice. Market share data is estimated and may vary.
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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