MSC Industrial Direct Co, Inc, together with its subsidiaries, distributes metalworking and maintenance, repair, and operations (MRO) products 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 products, raw materials, abrasives, machinery hand and power tools, safety and janitorial supplies, plumbing supplies, materials handling products, power transmission components, and electrical supplies.
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Industry, Sector and Symbol
Industry Industrial machinery & equipment
Sub-IndustryTrading Companies & Distributors
SectorIndustrial Products
Phone516-812-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.20 billion
Profitability
Miscellaneous
Employees6,657
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable
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 announced a quarterly dividend on Wednesday, July 10th. Stockholders of record on Tuesday, July 23rd will be given a dividend of $0.75 per share on Tuesday, August 6th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 4.47%. The ex-dividend date is Monday, July 22nd. This is a positive change from MSC Industrial Direct's previous quarterly dividend of $0.63. View MSC Industrial Direct's Dividend History.
How will MSC Industrial Direct's stock buyback program work?
MSC Industrial Direct declared that its board has approved a share repurchase program on Thursday, January 11th 2018, which authorizes the company to repurchase 2,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its shares are undervalued.
How were MSC Industrial Direct's earnings last quarter?
MSC Industrial Direct Co Inc (NYSE:MSM) issued its quarterly earnings data on Wednesday, July, 10th. The industrial products company reported $1.45 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.50 by $0.05. The industrial products company earned $866.50 million during the quarter, compared to analyst estimates of $881.62 million. MSC Industrial Direct had a return on equity of 21.08% and a net margin of 8.79%. MSC Industrial Direct's quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.39 EPS. View MSC Industrial Direct's Earnings History.
When is MSC Industrial Direct's next earnings date?
What guidance has MSC Industrial Direct issued on next quarter's earnings?
MSC Industrial Direct updated its fourth quarter earnings guidance on Wednesday, July, 10th. The company provided earnings per share guidance of $1.21-1.27 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.48. The company issued revenue guidance of $835-851 million, compared to the consensus revenue estimate of $883.58 million.
What price target have analysts set for MSM?
10 Wall Street analysts have issued twelve-month price objectives for MSC Industrial Direct's stock. Their forecasts range from $70.00 to $92.00. On average, they expect MSC Industrial Direct's stock price to reach $78.8911 in the next twelve months. This suggests a possible upside of 17.5% from the stock's current price. View Analyst Price Targets for MSC Industrial Direct.
What is the consensus analysts' recommendation for MSC Industrial Direct?
10 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MSC Industrial Direct.
Has MSC Industrial Direct been receiving favorable news coverage?
News stories about MSM stock have been trending positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. MSC Industrial Direct earned a coverage optimism score of 2.5 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the near future. View News Stories for MSC Industrial Direct.
Are investors shorting MSC Industrial Direct?
MSC Industrial Direct saw a decline in short interest in July. As of July 31st, there was short interest totalling 2,512,400 shares, a decline of 10.4% from the June 30th total of 2,803,500 shares. Based on an average daily trading volume, of 465,900 shares, the days-to-cover ratio is currently 5.4 days. Currently, 5.6% of the company's shares are short sold. View MSC Industrial Direct's Current Options Chain.
Who are some of MSC Industrial Direct's key competitors?
Some companies that are related to MSC Industrial Direct include W W Grainger (GWW), Rolls-Royce (RR), Xylem (XYL), BRAMBLES LTD/S (BXBLY), ASHTEAD GRP PLC/ADR (ASHTY), Amcor Limited ADS (AMCRY), Mitsubishi Heavy Industries (MHVYF), Dover (DOV), Tenaris (TS), IDEX (IEX), TORAY INDUSTRIE/ADR (TRYIY), Zebra Technologies (ZBRA), Cimic Group (CIM), James Hardie Industries (JHX) and Avery Dennison (AVY).
What other stocks do shareholders of MSC Industrial Direct own?
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 48)
- Mr. Rustom F. Jilla BCom, CA(Sri Lanka), CMA(UK), MBA, Exec. VP & CFO (Age 58)
- Mr. Steve Armstrong, Sr. VP, Gen. Counsel & Corp. Sec. (Age 61)
- Mr. Steven N. Baruch, Exec. VP and Chief Strategy & Marketing Officer (Age 51)
- Mr. Douglas E. Jones, Exec. VP & Chief Supply Chain Officer (Age 55)
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 Vanguard Group Inc. (8.40%), BlackRock Inc. (7.62%), BlackRock Inc. (7.62%), JPMorgan Chase & Co. (3.77%), Schroder Investment Management Group (1.62%) and Poplar Forest Capital LLC (1.38%). 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, 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 Schroder Investment Management Group, Invesco Ltd., JPMorgan Chase & Co., Allianz Asset Management GmbH, Bank of New York Mellon Corp, WINTON GROUP Ltd, APG Asset Management N.V. and Poplar Forest Capital LLC. Company insiders that have sold MSC Industrial Direct company stock in the last year include Charles Bonomo, David Wright, Denis F Kelly, Douglas E Jones, Gregory Polli, 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 purchased by a variety of institutional investors in the last quarter, including Hamlin Capital Management LLC, Fiduciary Management Inc. WI, Nuveen Asset Management LLC, Paradice Investment Management LLC, First Trust Advisors LP, Renaissance Technologies LLC, Cibc World Markets Corp and UBS Group AG. 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 $67.14.
How big of a company is MSC Industrial Direct?
MSC Industrial Direct has a market capitalization of $3.71 billion and generates $3.20 billion in revenue each year. The industrial products company earns $329.22 million in net income (profit) each year or $5.08 on an earnings per share basis. MSC Industrial Direct employs 6,657 workers across the globe.View Additional Information About MSC Industrial Direct.
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.
