MSA Safety Incorporporated (NYSE:MSA) Receives $189.20 Average Target Price from Analysts

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 earned a consensus recommendation of "Hold" from the five ratings firms that are presently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $189.20.

Several analysts have recently weighed in on MSA shares. B. Riley reaffirmed a "buy" rating and set a $195.00 price objective (down previously from $200.00) on shares of MSA Safety Incorporporated in a report on Thursday, May 1st. Robert W. Baird set a $166.00 price objective on shares of MSA Safety Incorporporated in a report on Monday, May 5th. Stifel Nicolaus started coverage on shares of MSA Safety Incorporporated in a report on Wednesday, July 16th. They set a "hold" rating and a $182.00 price objective for the company. DA Davidson raised their price objective on shares of MSA Safety Incorporporated from $183.00 to $203.00 and gave the stock a "buy" rating in a report on Tuesday, July 22nd. Finally, Wall Street Zen raised shares of MSA Safety Incorporporated from a "hold" rating to a "buy" rating in a report on Saturday, August 16th.

MSA Safety Incorporporated Price Performance

NYSE:MSA traded down $1.16 during mid-day trading on Tuesday, hitting $172.97. The company's stock had a trading volume of 204,415 shares, compared to its average volume of 232,029. MSA Safety Incorporporated has a fifty-two week low of $127.86 and a fifty-two week high of $187.41. The company has a current ratio of 3.11, a quick ratio of 1.90 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $6.77 billion, a price-to-earnings ratio of 24.67 and a beta of 0.96. The stock has a fifty day moving average of $173.35 and a 200-day moving average of $161.42.

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

MSA Safety Incorporporated Announces Dividend

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

Institutional Trading of MSA Safety Incorporporated

A number of hedge funds and other institutional investors have recently modified their holdings of MSA. Bayforest Capital Ltd raised its position in shares of MSA Safety Incorporporated by 3,400.0% during the 1st quarter. Bayforest Capital Ltd now owns 175 shares of the industrial products company's stock valued at $26,000 after acquiring an additional 170 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of MSA Safety Incorporporated by 94.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 198 shares of the industrial products company's stock valued at $33,000 after acquiring an additional 96 shares during the last quarter. Penserra Capital Management LLC bought a new stake in shares of MSA Safety Incorporporated during the 2nd quarter valued at $33,000. Steward Partners Investment Advisory LLC raised its position in shares of MSA Safety Incorporporated by 397.7% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 219 shares of the industrial products company's stock valued at $37,000 after acquiring an additional 175 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in MSA Safety Incorporporated by 39.4% during the first quarter. GAMMA Investing LLC now owns 269 shares of the industrial products company's stock worth $39,000 after buying an additional 76 shares during the last quarter. Institutional investors and hedge funds own 92.51% of the company's stock.

MSA Safety Incorporporated 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.