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MSEX

BEARISH
$51.86 Live
Middlesex Water Company · NASDAQ
Target $57.0 (+9.9%)
$44.17 52W Range $63.8

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AI Analysis

AI-powered fundamental assessment

Confidence
85%
MSEX exhibits a stable but stagnant financial profile with a Piotroski F-Score of 5/9, yet it is fundamentally overvalued. The current price of $51.86 trades at a significant premium to both the Graham Number ($37.63) and the growth-based Intrinsic Value ($16.52). Negative revenue and earnings growth, coupled with a consistent track record of missing quarterly estimates (0/4 in the last year), suggest a lack of operational momentum. Severe liquidity constraints, evidenced by a current ratio of 0.45, further heighten the risk profile.

Key Strengths

Strong profit margins (22%) and operating margins (26.33%)
Sustainable dividend payout ratio of 58.47%
Stable Piotroski F-Score (5/9) indicating baseline financial health
Manageable Debt/Equity ratio (0.84) relative to utility sector averages
Regulated utility business model providing a baseline of revenue stability

Key Risks

Severe liquidity risk with a Current Ratio of 0.45 and Quick Ratio of 0.33
Consistent earnings misses (Average surprise -9.75% over last 4 quarters)
Negative growth trajectory in both revenue (-0.30%) and earnings (-4.70%)
Significant overvaluation relative to Graham and Intrinsic value benchmarks
Strongly bearish technical trend (0/100) and negative 5-year price performance (-30.5%)
AI Fair Value Estimate
Based on comprehensive analysis
$34.2
-34.1% below current price

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