MSC Industrial Direct Co., Inc., together with its subsidiaries, distributes various ranges of metalworking and maintenance, repair, and operations (MRO) products primarily in the United States, Canada, and the United Kingdom. The company's MRO products comprise cutting tools, measuring instruments, tooling components, metalworking products, 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. It offers approximately 1,565,000 stock-keeping units through its catalogs; brochures; eCommerce channels, including its Website, mscdirect.com; and call-centers and branches. The company serves primarily through its distribution network of 93 branch offices and 12 customer fulfillment centers. It serves individual machine shops, manufacturing companies, and government agencies. The company was founded in 1941 and is headquartered in Melville, New York.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Industrial machinery & equipment
Sub-IndustryTrading Companies & Distributors
SectorIndustrial Products
SymbolNYSE:MSM
CUSIP55353010
Phone516-812-2000
Debt
Debt-to-Equity Ratio0.18
Current Ratio2.11
Quick Ratio1.14
Price-To-Earnings
Trailing P/E Ratio19.91
Forward P/E Ratio15.91
P/E Growth1
Sales & Book Value
Annual Sales$2.89 billion
Price / Sales1.58
Cash Flow$5.2201 per share
Price / Cash15.45
Book Value$21.73 per share
Price / Book3.71
Profitability
EPS (Most Recent Fiscal Year)$4.05
Net Income$231.43 million
Net Margins10.16%
Return on Equity21.08%
Return on Assets12.78%
Miscellaneous
Employees6,563
Outstanding Shares56,550,000
Market Cap$4.56 billion
MSC Industrial Direct (NYSE:MSM) Frequently Asked Questions
What is MSC Industrial Direct's stock symbol?
MSC Industrial Direct trades on the New York Stock Exchange (NYSE) under the ticker symbol "MSM."
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 Thursday, October 18th. Investors of record on Tuesday, November 13th will be paid a dividend of $0.63 per share on Tuesday, November 27th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date is Friday, November 9th. This is a boost from MSC Industrial Direct's previous quarterly dividend of $0.58. View MSC Industrial Direct's Dividend History.
How will MSC Industrial Direct's stock buyback program work?
MSC Industrial Direct declared that its Board of Directors has approved a share repurchase plan on Thursday, January 11th 2018, which permits the company to buyback 2,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its stock is undervalued.
How were MSC Industrial Direct's earnings last quarter?
MSC Industrial Direct Co Inc (NYSE:MSM) announced its earnings results on Tuesday, April, 10th. The industrial products company reported $1.34 earnings per share for the quarter, beating analysts' consensus estimates of $1.32 by $0.02. The industrial products company earned $769 million during the quarter, compared to the consensus estimate of $773.42 million. MSC Industrial Direct had a return on equity of 21.08% and a net margin of 10.16%. The firm's revenue was up 9.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.33 EPS. View MSC Industrial Direct's Earnings History.
When is MSC Industrial Direct's next earnings date?
How can I listen to MSC Industrial Direct's earnings call?
MSC Industrial Direct will be holding an earnings conference call on Tuesday, October 30th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8774435575.
What price target have analysts set for MSM?
15 brokerages have issued twelve-month target prices for MSC Industrial Direct's shares. Their predictions range from $87.00 to $116.00. On average, they expect MSC Industrial Direct's share price to reach $100.2308 in the next year. This suggests a possible upside of 24.3% from the stock's current price. View Analyst Price Targets for MSC Industrial Direct.
What is the consensus analysts' recommendation for MSC Industrial Direct?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MSC Industrial Direct in the last year. There are currently 8 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MSC Industrial Direct.
Who are some of MSC Industrial Direct's key competitors?
Some companies that are related to MSC Industrial Direct include Stanley Black & Decker (SWK), Rolls-Royce (RR), Ferguson (FERGY), Ball (BLL), W W Grainger (GWW), Cimic Group (CIM), Xylem (XYL), ASHTEAD Grp PLC/ADR (ASHTY), Dover (DOV), BRAMBLES Ltd/S (BXBLY), TORAY INDUSTRIE/ADR (TRYIY), Amcor Limited ADS (AMCRY), Norsk Hydro ASA (NHYDY), IDEX (IEX) and James Hardie Industries (JHX).
Who are MSC Industrial Direct's key executives?
MSC Industrial Direct's management team includes the folowing people:
- Mr. Erik David Gershwind, Pres, CEO & Director (Age 47)
- Mr. Rustom F. Jilla BCom, CA(Sri Lanka), CMA(UK), MBA, Exec. VP & CFO (Age 57)
- Mr. Steve Armstrong, Sr. VP, Gen. Counsel & Corp. Sec. (Age 60)
- Ms. Kari Heerdt, Sr. VP & Chief People Officer (Age 50)
- Mr. Douglas E. Jones, Exec. VP & Chief Supply Chain Officer (Age 54)
Who are MSC Industrial Direct's major shareholders?
MSC Industrial Direct's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Gradient Investments LLC (0.19%), Hendershot Investments Inc. (0.08%), Verity & Verity LLC (0.05%), Aperio Group LLC (0.05%), MERIAN GLOBAL INVESTORS UK Ltd (0.03%) and Nisa Investment Advisors LLC (0.03%). Company insiders that own MSC Industrial Direct stock include Charles Bonomo, Christopher Davanzo, David Wright, Denis F Kelly, Douglas E Jones, Erik Gershwind, Gregory Polli, Kari D Heerdt, Mitchell Jacobson, Philip Peller, Rustom Jilla, Steve Armstrong and Steven N Baruch. View Institutional Ownership Trends for MSC Industrial Direct.
Which institutional investors are selling MSC Industrial Direct stock?
MSM stock was sold by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd and Aperio Group LLC. Company insiders that have sold MSC Industrial Direct company stock in the last year include Charles Bonomo, Christopher Davanzo, Denis F Kelly, Douglas E Jones, Erik Gershwind, Gregory Polli, Kari D Heerdt, Mitchell Jacobson, Rustom Jilla, Steve Armstrong and Steven N Baruch. View Insider Buying and Selling for MSC Industrial Direct.
Which institutional investors are buying MSC Industrial Direct stock?
MSM stock was bought by a variety of institutional investors in the last quarter, including Gradient Investments LLC, Denali Advisors LLC, Hendershot Investments Inc., Nisa Investment Advisors LLC, Alpha Windward LLC, Atria Investments LLC, State of Alaska Department of Revenue and Verity & Verity LLC. View Insider Buying and Selling for MSC Industrial Direct.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is MSC Industrial Direct's stock price today?
One share of MSM stock can currently be purchased for approximately $80.65.
How big of a company is MSC Industrial Direct?
MSC Industrial Direct has a market capitalization of $4.56 billion and generates $2.89 billion in revenue each year. The industrial products company earns $231.43 million in net income (profit) each year or $4.05 on an earnings per share basis. MSC Industrial Direct employs 6,563 workers across the globe.
What is MSC Industrial Direct's official website?
How can I contact MSC Industrial Direct?
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]
MarketBeat Community Rating for MSC Industrial Direct (NYSE MSM)
MarketBeat's community ratings are surveys of what our community members think about MSC Industrial Direct and other stocks. Vote "Outperform" if you believe MSM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MSM will underperform the S&P 500 over the long term. You may vote once every thirty days.
