FY2025 Earnings Forecast for MSM Issued By Wolfe Research

MSC Industrial Direct Company, Inc. (NYSE:MSM - Free Report) - Investment analysts at Wolfe Research boosted their FY2025 earnings estimates for shares of MSC Industrial Direct in a report released on Monday, July 7th. Wolfe Research analyst R. Cooke now expects that the industrial products company will post earnings of $3.65 per share for the year, up from their previous forecast of $3.55. Wolfe Research has a "Strong-Buy" rating on the stock. The consensus estimate for MSC Industrial Direct's current full-year earnings is $3.57 per share. Wolfe Research also issued estimates for MSC Industrial Direct's Q4 2025 earnings at $0.98 EPS, Q2 2026 earnings at $0.89 EPS, Q4 2026 earnings at $1.11 EPS, FY2026 earnings at $4.13 EPS, Q1 2027 earnings at $1.16 EPS, Q2 2027 earnings at $1.13 EPS, Q3 2027 earnings at $1.43 EPS, FY2027 earnings at $5.07 EPS, FY2028 earnings at $5.85 EPS and FY2029 earnings at $6.56 EPS.

MSC Industrial Direct (NYSE:MSM - Get Free Report) last announced its quarterly earnings results on Tuesday, July 1st. The industrial products company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.05. MSC Industrial Direct had a net margin of 5.30% and a return on equity of 14.99%. The company had revenue of $971.15 million for the quarter, compared to analyst estimates of $969.72 million. During the same period in the previous year, the firm posted $1.33 EPS. The firm's revenue was down .8% on a year-over-year basis.

A number of other equities analysts also recently issued reports on the company. Stephens raised their price objective on MSC Industrial Direct from $85.00 to $90.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 2nd. JPMorgan Chase & Co. raised MSC Industrial Direct from a "neutral" rating to an "overweight" rating and upped their target price for the stock from $73.00 to $89.00 in a research report on Tuesday, May 27th. Loop Capital lifted their price target on MSC Industrial Direct from $74.00 to $84.00 and gave the company a "hold" rating in a research note on Wednesday, July 2nd. Industrial Alliance Securities set a $89.00 target price on shares of MSC Industrial Direct in a research note on Tuesday, May 27th. Finally, Robert W. Baird lifted their price target on MSC Industrial Direct from $84.00 to $95.00 and gave the stock a "neutral" rating in a report on Wednesday, July 2nd. Three analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $90.33.

MSC Industrial Direct Trading Up 1.1%

Shares of NYSE:MSM traded up $0.96 during mid-day trading on Thursday, reaching $91.66. 1,017,311 shares of the company's stock were exchanged, compared to its average volume of 623,194. The firm has a market capitalization of $5.11 billion, a price-to-earnings ratio of 25.89 and a beta of 0.87. MSC Industrial Direct has a twelve month low of $68.10 and a twelve month high of $92.65. The business's fifty day moving average price is $81.87 and its 200-day moving average price is $79.75. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 1.92.

Institutional Investors Weigh In On MSC Industrial Direct

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Proficio Capital Partners LLC purchased a new position in MSC Industrial Direct during the fourth quarter valued at $920,000. Raymond James Financial Inc. bought a new position in MSC Industrial Direct in the fourth quarter valued at about $4,871,000. Edgestream Partners L.P. purchased a new position in shares of MSC Industrial Direct in the fourth quarter worth approximately $930,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of MSC Industrial Direct by 8.7% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,844 shares of the industrial products company's stock worth $959,000 after purchasing an additional 1,024 shares in the last quarter. Finally, Wealthfront Advisers LLC bought a new position in shares of MSC Industrial Direct in the fourth quarter worth about $1,975,000. Institutional investors own 79.26% of the company's stock.

Insider Activity

In related news, SVP Kimberly Shacklett sold 2,129 shares of the company's stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $90.60, for a total transaction of $192,887.40. Following the sale, the senior vice president owned 14,657 shares of the company's stock, valued at approximately $1,327,924.20. This represents a 12.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 18.30% of the company's stock.

MSC Industrial Direct Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 23rd. Shareholders of record on Wednesday, July 9th will be issued a dividend of $0.85 per share. The ex-dividend date is Wednesday, July 9th. This represents a $3.40 dividend on an annualized basis and a yield of 3.71%. MSC Industrial Direct's payout ratio is 96.05%.

About MSC Industrial Direct

MSC Industrial Direct Co, Inc, together with its subsidiaries, distributes metalworking and maintenance, repair, and operations (MRO) products and services in the United States, Canada, Mexico, the United Kingdom, and internationally. The company's MRO products include cutting tools, measuring instruments, tooling components, metalworking products, fasteners, flat stock products, raw materials, abrasives, machinery hand and power tools, safety and janitorial supplies, plumbing supplies, materials handling products, power transmission components, and electrical supplies.