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S&P 500   4,205.45
DOW   33,093.34
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Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks" (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
PwC Australia sidelines 9 directors as leak of tax information investigated
Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks" (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
North Korea notifies neighboring Japan it plans to launch satellite in coming days
NOTICE: Your retirement is in immediate danger (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks" (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
PwC Australia sidelines 9 directors as leak of tax information investigated
Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks" (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
North Korea notifies neighboring Japan it plans to launch satellite in coming days
NOTICE: Your retirement is in immediate danger (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks" (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
PwC Australia sidelines 9 directors as leak of tax information investigated
Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks" (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
North Korea notifies neighboring Japan it plans to launch satellite in coming days
NOTICE: Your retirement is in immediate danger (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
NYSE:MSM

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

$92.41
+1.22 (+1.34%)
(As of 05/26/2023 07:00 PM ET)
Compare
Today's Range
$91.17
$92.75
50-Day Range
$80.06
$93.97
52-Week Range
$71.32
$94.07
Volume
306,800 shs
Average Volume
359,130 shs
Market Capitalization
$5.17 billion
P/E Ratio
14.22
Dividend Yield
3.42%
Price Target
$94.67

MSC Industrial Direct MarketRank™ Forecast

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
2.4% Upside
$94.67 Price Target
Short Interest
Healthy
1.95% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.32
Upright™ Environmental Score
News Sentiment
1.02mentions of MSC Industrial Direct in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$586,158 Sold Last Quarter
Proj. Earnings Growth
0.16%
From $6.28 to $6.29 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

35th out of 178 stocks

Industrial Machinery & Equipment Industry

4th out of 5 stocks


MSM stock logo

About MSC Industrial Direct (NYSE:MSM) Stock

MSC Industrial Direct Co., Inc. engages in the distribution of metalworking and maintenance, repair, and operations products and services. Its products include cutting tools, measuring instruments, tooling components, metalworking, fasteners, flat stock, 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 was founded by Sidney Jacobson in 1941 and is headquartered in Melville, NY.

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MSM Stock News Headlines

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StockNews.com Lowers MSC Industrial Direct (NYSE:MSM) to Buy
Expert Ratings for MSC Industrial Direct Co
See More Headlines
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MSM Company Calendar

Last Earnings
4/04/2023
Ex-Dividend for 4/25 Dividend
4/10/2023
Dividend Payable
4/25/2023
Today
5/28/2023
Next Earnings (Estimated)
7/05/2023
Fiscal Year End
8/31/2023

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
$94.67
High Stock Price Forecast
$105.00
Low Stock Price Forecast
$84.00
Forecasted Upside/Downside
+2.4%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$339.79 million
Pretax Margin
12.43%

Debt

Sales & Book Value

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

Miscellaneous

Free Float
40,039,000
Market Cap
$5.17 billion
Optionable
Optionable
Beta
1.03

Social Links


Key Executives

  • Erik David Gershwind
    President, Chief Executive Officer & Director
  • Martina McIsaac
    Chief Operating Officer & Executive Vice President
  • Kristen Actis-Grande
    Chief Financial Officer & Executive Vice President
  • John Hill
    Chief Digital & Information Officer
  • Steven N. BaruchSteven N. Baruch
    Executive VP, Chief Strategy & Marketing Officer













MSM Stock - Frequently Asked Questions

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

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MSC Industrial Direct in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MSM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MSM, but not buy additional shares or sell existing shares.
View MSM analyst ratings
or view top-rated stocks.

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

7 Wall Street research analysts have issued 1 year target prices for MSC Industrial Direct's shares. Their MSM share price forecasts range from $84.00 to $105.00. On average, they anticipate the company's stock price to reach $94.67 in the next twelve months. This suggests a possible upside of 2.4% 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 at the start of the year. Since then, MSM shares have increased by 13.1% and is now trading at $92.41.
View the best growth stocks for 2023 here
.

Are investors shorting MSC Industrial Direct?

MSC Industrial Direct saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 926,100 shares, an increase of 44.0% from the March 31st total of 643,300 shares. Based on an average daily trading volume, of 364,100 shares, the days-to-cover ratio is currently 2.5 days. Currently, 2.0% of the company's shares are sold short.
View MSC Industrial Direct's Short Interest
.

When is MSC Industrial Direct's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 5th 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 results on Tuesday, April, 4th. The industrial products company reported $1.45 EPS for the quarter, beating the consensus estimate of $1.35 by $0.10. The industrial products company earned $961.60 million during the quarter, compared to analysts' expectations of $934.76 million. MSC Industrial Direct had a trailing twelve-month return on equity of 26.66% and a net margin of 9.34%. The business's revenue for the quarter was up 11.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.29 earnings per share.

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

MSC Industrial Direct declared a quarterly dividend on Wednesday, March 22nd. Stockholders of record on Tuesday, April 11th will be paid a dividend of $0.79 per share on Tuesday, April 25th. This represents a $3.16 annualized dividend and a dividend yield of 3.42%. The ex-dividend date of this dividend is Monday, April 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 3.42%. 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 48.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MSM will have a dividend payout ratio of 50.24% 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 a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.37%), American Century Companies Inc. (5.23%), State Street Corp (2.45%), Epoch Investment Partners Inc. (2.30%), Charles Schwab Investment Management Inc. (1.76%) and Bank of New York Mellon Corp (1.59%). 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 $92.41.

How much money does MSC Industrial Direct make?

MSC Industrial Direct (NYSE:MSM) has a market capitalization of $5.17 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 $6.50 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 5/29/2023 by MarketBeat.com Staff

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