NYSE:MSM - MSC Industrial Direct Stock Price, Price Target & More

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

MSC Industrial Direct declared a quarterly dividend on Tuesday, June 19th. Investors of record on Tuesday, July 10th will be paid a dividend of $0.58 per share on Tuesday, July 24th. This represents a $2.32 annualized dividend and a dividend yield of 2.85%. The ex-dividend date is Monday, July 9th. View MSC Industrial Direct's Dividend History.

MSC Industrial Direct declared that its Board of Directors has approved a share repurchase program on Thursday, January 11th 2018, which permits the company to repurchase 2,000,000 shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's management believes its shares are undervalued.

MSC Industrial Direct Co Inc (NYSE:MSM) released its earnings results on Wednesday, July, 11th. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $1.39. The industrial products company earned $828.30 million during the quarter, compared to analysts' expectations of $834.43 million. MSC Industrial Direct had a return on equity of 21.08% and a net margin of 10.16%. The firm's revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.09 earnings per share. View MSC Industrial Direct's Earnings History.

MSC Industrial Direct issued an update on its fourth quarter earnings guidance on Wednesday, July, 11th. The company provided EPS guidance of $1.26-1.32 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.36. The company issued revenue guidance of $829-844 million, compared to the consensus revenue estimate of $846.22 million.

15 brokerages have issued twelve-month target prices for MSC Industrial Direct's stock. Their forecasts range from $76.00 to $116.00. On average, they expect MSC Industrial Direct's share price to reach $99.2308 in the next twelve months. This suggests a possible upside of 21.7% from the stock's current price. View Analyst Ratings 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 9 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to MSC Industrial Direct include W W Grainger (GWW), Rolls-Royce (RR), ASHTEAD Grp PLC/ADR (ASHTY), Cimic Group (CIM), Ball (BLL), TORAY INDUSTRIE/ADR (TRYIY), Xylem (XYL), Amcor Limited ADS common stock (AMCRY), Norsk Hydro ASA (NHYDY), Dover (DOV), BRAMBLES Ltd/S (BXBLY), Packaging Corp Of America (PKG), IDEX (IEX), A. O. Smith (AOS) and James Hardie Industries (JHX).

Press coverage about MSM stock has trended somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MSC Industrial Direct earned a news impact score of 0.21 on Accern's scale. They also gave media headlines about the industrial products company an impact score of 46.14 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

MSC Industrial Direct's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.78%), Leith Wheeler Investment Counsel Ltd. (0.06%), Clinton Group Inc. (0.03%), Bank of Montreal Can (0.01%), State of Alaska Department of Revenue (0.01%) and CHICAGO TRUST Co NA (0.00%). 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.

MSM stock was sold by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Bank of Montreal Can and Campbell & CO Investment Adviser 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, Kari D Heerdt, Mitchell Jacobson, Rustom Jilla, Steve Armstrong and Steven N Baruch. View Insider Buying and Selling for MSC Industrial Direct.

MSM stock was acquired by a variety of institutional investors in the last quarter, including Clinton Group Inc., Leith Wheeler Investment Counsel Ltd., CHICAGO TRUST Co NA and State of Alaska Department of Revenue. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of MSM stock can currently be purchased for approximately $81.52.

MSC Industrial Direct has a market capitalization of $4.61 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.

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]