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High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
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After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
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AI Creates New Cancer Drug - In Just 30 Days! (Ad)
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A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
The single greatest medical breakthrough of all time? (Ad)
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The single greatest medical breakthrough of all time? (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
AI Creates New Cancer Drug - In Just 30 Days! (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
The single greatest medical breakthrough of all time? (Ad)
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The single greatest medical breakthrough of all time? (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
AI Creates New Cancer Drug - In Just 30 Days! (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
The single greatest medical breakthrough of all time? (Ad)
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The single greatest medical breakthrough of all time? (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
AI Creates New Cancer Drug - In Just 30 Days! (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
NYSE:MSM

MSC Industrial Direct (MSM) Stock Forecast, Price & News

$95.09
+0.41 (+0.43%)
(As of 09/22/2023 ET)
Compare
Today's Range
$94.54
$95.62
50-Day Range
$94.72
$102.88
52-Week Range
$71.32
$103.95
Volume
228,899 shs
Average Volume
416,602 shs
Market Capitalization
$5.33 billion
P/E Ratio
14.83
Dividend Yield
3.32%
Price Target
$96.17

MSC Industrial Direct MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
1.1% Upside
$96.17 Price Target
Short Interest
Healthy
2.94% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.32
Upright™ Environmental Score
News Sentiment
1.40mentions of MSC Industrial Direct in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$309,091 Sold Last Quarter
Proj. Earnings Growth
0.95%
From $6.29 to $6.35 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.50 out of 5 stars

Industrial Products Sector

72nd out of 177 stocks

Industrial Machinery & Equipment Industry

3rd out of 5 stocks


MSM stock logo

About MSC Industrial Direct (NYSE:MSM) Stock

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, and the United Kingdom. Its 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. The company offers approximately 2.1 million stock-keeping units through its catalogs and brochures; e-commerce channels, including its Website, mscdirect.com; inventory management solutions; and customer care centers, customer fulfillment centers, regional inventory centers, and warehouses. It operates through a distribution network of 6 customer fulfilment centers, 10 regional inventory centers, and 38 warehouses. The company serves individual machine shops, Fortune 1000 manufacturing companies, and government agencies, as well as manufacturers of various sizes. MSC Industrial Direct Co., Inc. was founded in 1941 and is headquartered in Melville, New York.

MSM Price History

MSM Stock News Headlines

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This Stock Could Go Up 66% or More.
Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023.  Click here to get his latest buy.  More here.
MSC Industrial: MRO Play Getting Back On Its Feet
Loop Capital Markets Sticks to Their Hold Rating for MSC Industrial (MSM)
Bullish on MSC Industrial Direct Co. Inc.
The World's First "$20 Trillion Drug
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MSM - MSC Industrial Direct Co., Inc.
What 8 Analyst Ratings Have To Say About MSC Industrial Direct Co
Q3 2023 MSC Industrial Direct Co Inc Earnings Call
MSC Industrial (MSM) Q3 Earnings Lag Estimates
See More Headlines
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MSM Company Calendar

Last Earnings
6/29/2023
Ex-Dividend for 7/25 Dividend
7/10/2023
Dividend Payable
7/25/2023
Today
9/24/2023
Next Earnings (Estimated)
10/19/2023
Fiscal Year End
8/31/2024

Industry, Sector and Symbol

Industry
Industrial machinery & equipment
Sub-Industry
Trading Companies & Distributors
CUSIP
55353010
Employees
6,994
Year Founded
1941

Price Target and Rating

Average Stock Price Forecast
$96.17
High Stock Price Forecast
$110.00
Low Stock Price Forecast
$84.00
Forecasted Upside/Downside
+1.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$339.79 million
Pretax Margin
11.97%

Debt

Sales & Book Value

Annual Sales
$3.69 billion
Cash Flow
$7.43 per share
Book Value
$24.38 per share

Miscellaneous

Free Float
40,139,000
Market Cap
$5.33 billion
Optionable
Optionable
Beta
1.03

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Key Executives

  • Mr. Erik David Gershwind (Age 52)
    Pres, CEO & Director
    Comp: $3.2M
  • Ms. Kristen Actis-Grande (Age 42)
    Exec. VP & CFO
    Comp: $1.05M
  • Ms. Elizabeth BledsoeMs. Elizabeth Bledsoe (Age 51)
    Sr. VP & Chief People Officer
    Comp: $670.8k
  • Mr. Douglas E. Jones (Age 59)
    Exec. Advisor of Supply Chain
    Comp: $848.09k
  • Ms. Martina McIsaac (Age 53)
    Exec. VP & COO
  • Mr. John Hill (Age 54)
    Sr. VP and Chief Digital & Information Officer
  • Mr. Ryan Thomas Mills C.F.A.
    Head of Investor Relations
  • Mr. Neal Dongre (Age 44)
    VP, Gen. Counsel & Corp. Sec.
  • Mr. Paul Mason
    Director of Corp. Communications
  • Ms. Kimberly ShacklettMs. Kimberly Shacklett (Age 55)
    Sr. VP of Sales & Customer Success













MSM Stock - Frequently Asked Questions

Should I buy or sell MSC Industrial Direct stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MSC Industrial Direct in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MSM shares.
View MSM analyst ratings
or view top-rated stocks.

What is MSC Industrial Direct's stock price forecast for 2023?

6 brokerages have issued 1 year price objectives for MSC Industrial Direct's stock. Their MSM share price forecasts range from $84.00 to $110.00. On average, they anticipate the company's stock price to reach $96.17 in the next twelve months. This suggests a possible upside of 1.1% from the stock's current price.
View analysts price targets for MSM
or view top-rated stocks among Wall Street analysts.

How have MSM shares performed in 2023?

MSC Industrial Direct's stock was trading at $81.70 on January 1st, 2023. Since then, MSM shares have increased by 16.4% and is now trading at $95.09.
View the best growth stocks for 2023 here
.

When is MSC Industrial Direct's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 19th 2023.
View our MSM earnings forecast
.

How were MSC Industrial Direct's earnings last quarter?

MSC Industrial Direct Co., Inc. (NYSE:MSM) announced its quarterly earnings data on Thursday, June, 29th. The industrial products company reported $1.74 EPS for the quarter, missing the consensus estimate of $1.75 by $0.01. The industrial products company earned $1.05 billion during the quarter, compared to analysts' expectations of $1.02 billion. MSC Industrial Direct had a net margin of 9.00% and a trailing twelve-month return on equity of 25.42%. The company's quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.82 earnings per share.

How often does MSC Industrial Direct pay dividends? What is the dividend yield for MSC Industrial Direct?

MSC Industrial Direct announced a quarterly dividend on Wednesday, June 21st. Shareholders of record on Tuesday, July 11th will be given a dividend of $0.79 per share on Tuesday, July 25th. This represents a $3.16 dividend on an annualized basis and a yield of 3.32%. The ex-dividend date of this dividend is Monday, July 10th.
Read our dividend analysis for MSM
.

Is MSC Industrial Direct a good dividend stock?

MSC Industrial Direct (NYSE:MSM) pays an annual dividend of $3.16 per share and currently has a dividend yield of 3.32%. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 49.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MSM will have a dividend payout ratio of 49.76% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MSM.

What is Erik Gershwind's approval rating as MSC Industrial Direct's CEO?

274 employees have rated MSC Industrial Direct Chief Executive Officer Erik Gershwind on Glassdoor.com. Erik Gershwind has an approval rating of 70% among the company's employees.

What other stocks do shareholders of MSC Industrial Direct own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MSC Industrial Direct investors own include Pfizer (PFE), Exxon Mobil (XOM), AT&T (T), International Business Machines (IBM), Cisco Systems (CSCO), Intel (INTC), AbbVie (ABBV), Bristol-Myers Squibb (BMY), 3M (MMM) and Verizon Communications (VZ).

What is MSC Industrial Direct's stock symbol?

MSC Industrial Direct trades on the New York Stock Exchange (NYSE) under the ticker symbol "MSM."

Who are MSC Industrial Direct's major shareholders?

MSC Industrial Direct's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (10.99%), State Street Corp (2.37%), Epoch Investment Partners Inc. (2.23%), Charles Schwab Investment Management Inc. (1.83%), Bank of New York Mellon Corp (1.60%) and Geode Capital Management LLC (1.56%). Insiders that own company stock include Charles Bonomo, Douglas E Jones, Douglas E Jones, Edward F Martin, Jr, Elizabeth Bledsoe, Erik Gershwind, Gregory Polli, Kari D Heerdt, Kimberly Shacklett, Louise K Goeser, Mitchell Jacobson, Philip Peller, Steve Armstrong and Steven N Baruch.
View institutional ownership trends
.

How do I buy shares of MSC Industrial Direct?

Shares of MSM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is MSC Industrial Direct's stock price today?

One share of MSM stock can currently be purchased for approximately $95.09.

How much money does MSC Industrial Direct make?

MSC Industrial Direct (NYSE:MSM) has a market capitalization of $5.33 billion and generates $3.69 billion in revenue each year. The industrial products company earns $339.79 million in net income (profit) each year or $6.41 on an earnings per share basis.

How many employees does MSC Industrial Direct have?

The company employs 6,994 workers across the globe.

Does MSC Industrial Direct have any subsidiaries?
The following companies are subsidiares of MSC Industrial Direct: AIS All-Integrated-Solutions de Mexico S. de R.L. de C.V, AIS Mexico LLC, All Integrated Solutions Inc, All Integrated Solutions Inc., American Specialty Grinding Co Inc., American Specialty Grinding Co.  Inc., American Tool Supply, Anderson Industrial Supply Inc, Barnes Group Inc, Brooks Precision Supply Inc, Cut-Rite Tool Corp, D.T.C. Tool Corp, Deco Tool Supply, Discount Tool and Supply Company, Dolin Supply Inc, Enco Manufacturing Inc, J&L America  Inc., J&L Industrial Supply, Kaja Productions Inc, MSC Acquisition Corp III, MSC Acquisition Corp VI, MSC Acquisition Corp VII, MSC Acquisition Subsidiary LLC, MSC Contract Management  Inc., MSC Foreign Properties Corporation, MSC Import Export LLC, MSC Industrial Supply License Holder 1, MSC Industrial Supply ULC, MSC IndustrialSupply S.de.R.L. de C.V, MSC Services Corp., Mission Real Estate Acquisition Company, Primeline International Inc, Rutland Tool & Supply Co., Sid Tool Co.  Inc., Swiss Precision Instruments Inc, Tower Fasteners, Wm. F. Hurst Co. LLC, and Wm. F. Hurst Co. LLC.
Read More
How can I contact MSC Industrial Direct?

MSC Industrial Direct's mailing address is 75 MAXESS ROAD, MELVILLE NY, 11747. The official website for the company is www.mscdirect.com. The industrial products company can be reached via phone at (516) 812-2000, via email at cust_service@mscdirect.com, or via fax at 516-349-7096.

This page (NYSE:MSM) was last updated on 9/24/2023 by MarketBeat.com Staff

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