Analysts Set MSA Safety Incorporporated (NYSE:MSA) Target Price at $189.20

Key Points

• MSA Safety Incorporated has received an average consensus rating of "Hold" from five brokerages, with three holding and two buying recommendations, while the average 1-year target price is $189.20.
• The company recently reported $1.93 EPS for the quarter, surpassing expectations, and had a revenue of $474.12 million, which is 2.5% higher than the previous year.
• MSA Safety Incorporated declared a quarterly dividend of $0.53 per share, with a dividend yield of 1.2%, scheduled for payment on September 10th.

Shares of MSA Safety Incorporporated (NYSE:MSA - Get Free Report) have been assigned an average recommendation of "Hold" from the five ratings firms that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $189.20.

Several analysts recently commented on MSA shares. DA Davidson raised their target price on MSA Safety Incorporporated from $183.00 to $203.00 and gave the company a "buy" rating in a research report on Tuesday, July 22nd. Stifel Nicolaus started coverage on MSA Safety Incorporporated in a research report on Wednesday, July 16th. They issued a "hold" rating and a $182.00 target price on the stock. Robert W. Baird set a $166.00 target price on MSA Safety Incorporporated in a research report on Monday, May 5th. Finally, Wall Street Zen upgraded MSA Safety Incorporporated from a "hold" rating to a "buy" rating in a research report on Saturday, August 16th.

MSA Safety Incorporporated Stock Performance

Shares of MSA Safety Incorporporated stock traded down $2.38 on Tuesday, reaching $170.50. 186,663 shares of the company were exchanged, compared to its average volume of 228,205. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.90 and a current ratio of 3.11. The company's 50-day moving average is $173.46 and its two-hundred day moving average is $161.43. The firm has a market cap of $6.67 billion, a price-to-earnings ratio of 24.32 and a beta of 0.96. MSA Safety Incorporporated has a 1-year low of $127.86 and a 1-year high of $187.41.

MSA Safety Incorporporated (NYSE:MSA - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The industrial products company reported $1.93 earnings per share for the quarter, topping analysts' consensus estimates of $1.76 by $0.17. The business had revenue of $474.12 million for the quarter, compared to analysts' expectations of $446.46 million. MSA Safety Incorporporated had a return on equity of 26.03% and a net margin of 15.15%.The business's quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the firm earned $2.01 EPS. As a group, research analysts expect that MSA Safety Incorporporated will post 8.06 earnings per share for the current fiscal year.

MSA Safety Incorporporated Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Investors of record on Friday, August 15th will be given a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, August 15th. MSA Safety Incorporporated's dividend payout ratio (DPR) is currently 30.24%.

Institutional Trading of MSA Safety Incorporporated

Large investors have recently added to or reduced their stakes in the business. Brown Lisle Cummings Inc. increased its position in MSA Safety Incorporporated by 57.1% in the 1st quarter. Brown Lisle Cummings Inc. now owns 4,881 shares of the industrial products company's stock valued at $716,000 after acquiring an additional 1,775 shares during the period. GAMMA Investing LLC boosted its stake in MSA Safety Incorporporated by 39.4% during the 1st quarter. GAMMA Investing LLC now owns 269 shares of the industrial products company's stock valued at $39,000 after purchasing an additional 76 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in MSA Safety Incorporporated by 2.0% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 29,074 shares of the industrial products company's stock valued at $4,265,000 after purchasing an additional 563 shares in the last quarter. SG Americas Securities LLC bought a new position in MSA Safety Incorporporated during the 1st quarter valued at $1,273,000. Finally, Envestnet Asset Management Inc. boosted its stake in MSA Safety Incorporporated by 13.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 82,418 shares of the industrial products company's stock valued at $12,090,000 after purchasing an additional 9,593 shares in the last quarter. 92.51% of the stock is currently owned by institutional investors and hedge funds.

About MSA Safety Incorporporated

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.