Middlesex Water Company (NASDAQ:MSEX) currently has an Average Broker Rating of 1. The ABR rank within the industry stands at 137. This number is based on the 1 sell-side firms polled by Zacks.
The ABR is provided by Zacks which simplfies analyst ratings into an integer based number. They use a one to five scale where they translate brokerage firm Buy/Sell/Hold recommendations into an average broker rating. A low number in the 1-2 range typically indicates a Buy, 3 represents a Hold and 4-5 represents a consensus Sell rating. Analysts on a consensus basis are expecting that the stock will reach $46 within the year.
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Most recently Middlesex Water Company (NASDAQ:MSEX) posted quarterly earnings of $0.46 which compared to the sell-side estimates of 0.55. The stock’s 12-month trailing earnings per share stands at $1.25. Shares have moved $3.77 over the past month and more recently, $2.48 over the past week heading into the earnings announcement. There are 1 analyst projections that were taken into consideration from respected brokerage firms.
Research analysts are predicting that Middlesex Water Company (NASDAQ:MSEX) will report earnings of $0.33 per share when the firm issues their next quarterly report. This is the consensus earnings per share number according to data from Zack’s Research.
Middlesex Water Company (NASDAQ:MSEX) closed the last session at $45.11 and sees an average of 27717.2 shares trade hands in each session. The 52-week low of the stock stands at $32.99 while the current level stands at 90.38% of the 52-week High-Low range. Looking further out we can see that the stock has moved 15.05% over the past 12 weeks and 5.05% year to date.
1 analysts rate Middlesex Water Company a Buy or Strong Buy, which is 100% of all the analyst ratings.
This article is informational purposes only and should not be considered a recommendation to buy or sell the stock.