DA Davidson Brokers Reduce Earnings Estimates for MSA Safety

MSA Safety Incorporated (NYSE:MSA - Free Report) - Research analysts at DA Davidson reduced their FY2025 earnings per share estimates for shares of MSA Safety in a report released on Monday, May 5th. DA Davidson analyst M. Shlisky now anticipates that the industrial products company will post earnings of $8.06 per share for the year, down from their previous forecast of $8.12. DA Davidson currently has a "Buy" rating and a $183.00 target price on the stock. The consensus estimate for MSA Safety's current full-year earnings is $8.06 per share.

Other equities research analysts have also recently issued reports about the stock. B. Riley restated a "buy" rating and set a $195.00 price objective (down from $200.00) on shares of MSA Safety in a research report on Thursday, May 1st. Robert W. Baird set a $166.00 price target on shares of MSA Safety in a research note on Monday, May 5th. Finally, StockNews.com raised shares of MSA Safety from a "hold" rating to a "buy" rating in a research report on Saturday. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, MSA Safety presently has an average rating of "Moderate Buy" and a consensus price target of $191.80.

MSA Safety Trading Up 2.4%

Shares of NYSE MSA traded up $3.74 during trading on Wednesday, hitting $161.30. 41,129 shares of the company were exchanged, compared to its average volume of 178,814. The company has a fifty day moving average price of $149.12 and a 200-day moving average price of $160.85. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.76 and a current ratio of 2.79. The firm has a market capitalization of $6.34 billion, a PE ratio of 22.37 and a beta of 0.96. MSA Safety has a 12-month low of $127.86 and a 12-month high of $200.61.

MSA Safety (NYSE:MSA - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $1.68 EPS for the quarter, topping analysts' consensus estimates of $1.59 by $0.09. The firm had revenue of $421.34 million for the quarter, compared to the consensus estimate of $402.60 million. MSA Safety had a return on equity of 28.64% and a net margin of 15.76%. The firm's revenue was up 1.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.61 earnings per share.

Institutional Trading of MSA Safety

Several institutional investors have recently added to or reduced their stakes in MSA. Barclays PLC boosted its position in shares of MSA Safety by 62.0% during the third quarter. Barclays PLC now owns 16,688 shares of the industrial products company's stock worth $2,959,000 after buying an additional 6,384 shares during the period. Tidal Investments LLC lifted its stake in MSA Safety by 1.1% during the 3rd quarter. Tidal Investments LLC now owns 8,060 shares of the industrial products company's stock worth $1,429,000 after acquiring an additional 90 shares in the last quarter. Diversified Trust Co grew its position in MSA Safety by 63.4% in the 4th quarter. Diversified Trust Co now owns 10,837 shares of the industrial products company's stock valued at $1,796,000 after acquiring an additional 4,205 shares in the last quarter. ORG Partners LLC acquired a new stake in shares of MSA Safety during the fourth quarter worth about $1,131,000. Finally, Hilltop National Bank increased its stake in MSA Safety by 23.5% during the 4th quarter. Hilltop National Bank now owns 520 shares of the industrial products company's stock worth $86,000 after buying an additional 99 shares during the period. Institutional investors and hedge funds own 92.51% of the company's stock.

Insider Buying and Selling at MSA Safety

In other news, CAO Jonathan D. Buck sold 717 shares of the company's stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $159.00, for a total value of $114,003.00. Following the transaction, the chief accounting officer now directly owns 3,673 shares in the company, valued at approximately $584,007. This represents a 16.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.70% of the company's stock.

MSA Safety Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.53 per share. The ex-dividend date is Thursday, May 15th. This is a boost from MSA Safety's previous quarterly dividend of $0.51. This represents a $2.12 dividend on an annualized basis and a dividend yield of 1.31%. MSA Safety's dividend payout ratio (DPR) is currently 29.24%.

MSA Safety Company Profile

MSA Safety Incorporated develops, manufactures, and supplies safety products and technology solutions that protect people and facility infrastructures in the fire service, energy, utility, construction, and industrial manufacturing applications, as well as heating, ventilation, air conditioning, and refrigeration industries worldwide.