Lumida
/MSEX
⌘K
Middlesex Water Co

Middlesex Water Co

MSEX
$56.69USD-0.86%-0.49 today

MARKET CAP

1.1B

P/E (TTM)

23.6x

FWD P/E

DAY RANGE

$56 – $58

52W RANGE

$44
$62

AI Summary

Stalk
Sell NowMedium

Recent decisive breakdown below the $57.30 60 support zone on heavy volume, confirmed by EMAs rolling over and neutral OB/OS context, establishes a medium-term bearish bias. We recommend selling now into any rallies toward the former support band, with an expectation of further downside toward the 200-day moving average near $53.65. We will monitor any clean reclaim of the zone with volume for potential invalidation.

  • Q2 2026 sales rose to $56.36m; net income $14.77m.
  • EPS of $0.79 topped consensus $0.66 estimate.
  • Negative profitability factor indicates operational inefficiencies.
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$143.1M$162.4M$166.3M$191.9M$194.7M
YoY %+1.1%+13.5%+2.4%+15.4%+1.5%
P / Sales14.8x8.7x6.9x4.9x4.7x
EV / Sales16.3x12.1x11.1x8.2x8.2x
Gross Profit, Adj.$143.1M$162.4M$166.3M$191.9M$194.7M
YoY %+1.1%+13.5%+2.4%+15.4%+1.5%
Margin %100.0%100.0%100.0%100.0%100.0%
EV / Gross Profit16.3x12.1x11.1x8.2x8.2x
EBITDA, Adj.$60.0M$69.6M$68.7M$81.2M$86.9M
YoY %+3.0%+15.9%-1.3%+18.3%+6.9%
Margin %41.9%42.8%41.3%42.3%44.6%
EV / EBITDA38.8x28.4x26.8x19.3x18.3x
EBIT$33.2M$42.1M$39.2M$53.2M$54.4M
YoY %-11.2%+26.8%-6.8%+35.7%+2.2%
Margin %23.2%25.9%23.6%27.7%27.9%
EV / EBIT70.2x46.9x46.9x29.5x29.3x
Net Income$36.4M$42.3M$31.4M$44.2M$42.7M
YoY %-4.9%+16.2%-25.8%+40.9%-3.4%
Net Margin25.4%26.0%18.9%23.1%22.0%
EPS (GAAP)$2.07$2.39$1.76$2.47$2.36
YoY %-5.0%+15.5%-26.4%+40.3%-4.5%