MSA Safety - MSA Stock Forecast, Price & News

MSA Safety Incorporated develops, manufactures, and supplies safety products that protect people and facility infrastructures in the oil, gas, petrochemical, fire service, construction, industrial manufacturing applications, utilities, military, and mining industries in North America, Latin America, and internationally. The company's core product offerings include permanently installed fixed gas and flame detection instruments, such as permanently installed gas detection monitoring systems, and flame detectors and open-path infrared gas detectors, as well as replacement components and related services to detect the presence or absence of various gases in the air. Its core product offerings also comprise breathing apparatus products, such as self-contained breathing apparatus; hand-held portable gas detection instruments; industrial head protection products; firefighter helmets and protective apparel; and fall protection equipment, including confined space equipment, harnesses, lanyards, and self-retracting lifelines, as well as engineered systems. In addition, the company offers air-purifying respirators, eye and face protection products, ballistic helmets, and gas masks. It serves distributors and end-users through indirect and direct sales channels. The company offers its product under the V-Gard, Cairns, and Gallet brand names. MSA Safety Incorporated was founded in 1914 and is based in Cranberry Township, Pennsylvania.

Wall Street Analyst Weigh In

Separately, StockNews.com raised MSA Safety from a "hold" rating to a "buy" rating in a research note on Friday, August 5th.

MSA Safety Price Performance

Shares of NYSE:MSA traded down $1.60 on Friday, reaching $130.26. 247 shares of the company were exchanged, compared to its average volume of 94,742. The company has a current ratio of 2.51, a quick ratio of 1.50 and a debt-to-equity ratio of 0.74. MSA Safety has a 1-year low of $112.89 and a 1-year high of $167.49. The company has a 50-day moving average of $124.10 and a 200-day moving average of $128.45. The firm has a market cap of $5.10 billion, a price-to-earnings ratio of 129.27 and a beta of 0.91.

MSA Safety (NYSE:MSA - Get Rating) last posted its quarterly earnings results on Wednesday, July 27th. The industrial products company reported $1.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.25 by $0.04. The company had revenue of $372.31 million during the quarter, compared to the consensus estimate of $363.70 million. MSA Safety had a net margin of 2.79% and a return on equity of 23.65%. The company's revenue for the quarter was up 9.1% on a year-over-year basis. During the same period last year, the firm earned $1.06 EPS. Equities analysts forecast that MSA Safety will post 5.3 earnings per share for the current fiscal year.

MSA Safety Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Saturday, September 10th. Shareholders of record on Tuesday, August 16th will be issued a dividend of $0.46 per share. The ex-dividend date of this dividend is Monday, August 15th. This represents a $1.84 annualized dividend and a yield of 1.41%. MSA Safety's dividend payout ratio (DPR) is currently 180.39%.

Insiders Place Their Bets

In other news, Director William M. Lambert sold 28,767 shares of the stock in a transaction that occurred on Tuesday, August 9th. The shares were sold at an average price of $126.11, for a total value of $3,627,806.37. Following the sale, the director now directly owns 42,869 shares in the company, valued at $5,406,209.59. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Robert A. Bruggeworth sold 885 shares of MSA Safety stock in a transaction dated Friday, August 12th. The shares were sold at an average price of $131.00, for a total transaction of $115,935.00. Following the completion of the sale, the director now directly owns 2,423 shares in the company, valued at $317,413. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director William M. Lambert sold 28,767 shares of the company's stock in a transaction that occurred on Tuesday, August 9th. The shares were sold at an average price of $126.11, for a total transaction of $3,627,806.37. Following the transaction, the director now directly owns 42,869 shares in the company, valued at approximately $5,406,209.59. The disclosure for this sale can be found here. 6.29% of the stock is currently owned by company insiders.