NYSE:MSM - MSC Industrial Direct Stock Price, Forecast & News

MSC Industrial Direct's stock was trading at $53.36 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MSM stock has increased by 1.2% and is now trading at $54.02. View which stocks have been mosted impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MSC Industrial Direct in the last year. There are currently 2 sell ratings, 7 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for MSC Industrial Direct.

MSC Industrial Direct is scheduled to release its next quarterly earnings announcement on Wednesday, April 8th 2020. View our earnings forecast for MSC Industrial Direct.

MSC Industrial Direct will be holding an earnings conference call on Wednesday, April 8th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

MSC Industrial Direct Co Inc (NYSE:MSM) released its quarterly earnings results on Wednesday, January, 8th. The industrial products company reported $1.21 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.17 by $0.04. The industrial products company earned $823.60 million during the quarter, compared to analyst estimates of $820.84 million. MSC Industrial Direct had a return on equity of 19.67% and a net margin of 8.35%. The company's revenue was down 1.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.33 EPS. View MSC Industrial Direct's earnings history.

MSC Industrial Direct announced a quarterly dividend on Wednesday, December 18th. Stockholders of record on Wednesday, January 22nd will be paid a dividend of $0.75 per share on Wednesday, February 5th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 5.55%. The ex-dividend date is Tuesday, January 21st. View MSC Industrial Direct's dividend history.

MSC Industrial Direct updated its second quarter earnings guidance on Wednesday, January, 8th. The company provided earnings per share guidance of $0.97-1.03 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.13. The company issued revenue guidance of $781-798 million, compared to the consensus revenue estimate of $812.79 million.

10 analysts have issued 12-month price objectives for MSC Industrial Direct's shares. Their forecasts range from $60.00 to $86.00. On average, they expect MSC Industrial Direct's stock price to reach $73.45 in the next twelve months. This suggests a possible upside of 36.0% from the stock's current price. View analysts' price targets for MSC Industrial Direct.

Press coverage about MSM stock has been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. MSC Industrial Direct earned a news sentiment score of 1.0 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutMSC Industrial Direct.

MSC Industrial Direct saw a decline in short interest in the month of March. As of March 13th, there was short interest totaling 1,219,300 shares, a decline of 25.2% from the February 27th total of 1,630,000 shares. Based on an average daily volume of 629,400 shares, the days-to-cover ratio is currently 1.9 days. Currently, 2.8% of the shares of the stock are short sold. View MSC Industrial Direct's Current Options Chain.

Some companies that are related to MSC Industrial Direct include Fastenal (FAST), W W Grainger (GWW), United Rentals (URI), Watsco (WSO), Aircastle (AYR), Air Lease (AL), GATX (GATX), Applied Industrial Technologies (AIT), Rush Enterprises (RUSHA), Beacon Roofing Supply (BECN), Kaman (KAMN), WESCO International (WCC), H&E Equipment Services (HEES), Textainer Group (TGH) and MRC Global (MRC).

Based on aggregate information from My MarketBeat watchlists, some companies that other MSC Industrial Direct investors own include IBM (IBM), Pfizer (PFE), Exxon Mobil (XOM), Cisco Systems (CSCO), AT&T (T), 3M (MMM), AbbVie (ABBV), Bank of America (BAC), Walt Disney (DIS) and Southern (SO).

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

MSC Industrial Direct's stock is owned by a number of institutional and retail investors. Top institutional shareholders include New South Capital Management Inc. (2.97%), State Street Corp (1.98%), ArrowMark Colorado Holdings LLC (1.58%), Paradice Investment Management LLC (1.57%), First Trust Advisors LP (1.45%) and Bank of New York Mellon Corp (1.28%). Company insiders that own MSC Industrial Direct stock include Charles Bonomo, David Wright, Denis F Kelly, Douglas E Jones, Erik Gershwind, Gregory Polli, Kari D Heerdt, Mitchell Jacobson, Rustom Jilla, Steve Armstrong and Steven N Baruch. View institutional ownership trends for MSC Industrial Direct.

MSM stock was sold by a variety of institutional investors in the last quarter, including ArrowMark Colorado Holdings LLC, FMR LLC, Poplar Forest Capital LLC, AQR Capital Management LLC, Raymond James & Associates, C Partners Holding GmbH, QV Investors Inc., and River Road Asset Management LLC. Company insiders that have sold MSC Industrial Direct company stock in the last year include Charles Bonomo, Douglas E Jones, Rustom Jilla, and Steven N Baruch. View insider buying and selling activity for MSC Industrial Direct.

MSM stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Pzena Investment Management LLC, OLD Republic International Corp, Goldman Sachs Group Inc., Renaissance Technologies LLC, Man Group plc, Professional Advisory Services Inc., and Royce & Associates LP. View insider buying and selling activity for MSC Industrial Direct.

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

One share of MSM stock can currently be purchased for approximately $54.02.

MSC Industrial Direct has a market capitalization of $2.99 billion and generates $3.36 billion in revenue each year. The industrial products company earns $288.80 million in net income (profit) each year or $5.29 on an earnings per share basis. MSC Industrial Direct employs 6,700 workers across the globe. View additional information about MSC Industrial Direct.

The official website for MSC Industrial Direct is http://www.mscdirect.com/.

MSC Industrial Direct's mailing address is 75 MAXESS ROAD, MELVILLE NY, 11747. The industrial products company can be reached via phone at 516-812-2000 or via email at [email protected]