MSC Industrial Direct Stock Forecast, Price & 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 (WHO). Since then, MSM stock has increased by 55.1% and is now trading at $82.78.
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8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MSC Industrial Direct in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MSC Industrial Direct stock. 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 analyst ratings for MSC Industrial Direct or view MarketBeat's top 5 stock picks.

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274 employees have rated MSC Industrial Direct CEO Erik Gershwind on Glassdoor.com. Erik Gershwind has an approval rating of 70% among MSC Industrial Direct's employees.

MSC Industrial Direct is scheduled to release its next quarterly earnings announcement on Wednesday, April 14th 2021.
View our earnings forecast for MSC Industrial Direct.

MSC Industrial Direct Co., Inc. (NYSE:MSM) released its earnings results on Tuesday, January, 5th. The industrial products company reported $1.10 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.08 by $0.02. The industrial products company earned $771.90 million during the quarter, compared to analysts' expectations of $771.54 million. MSC Industrial Direct had a trailing twelve-month return on equity of 20.42% and a net margin of 7.14%. MSC Industrial Direct's revenue for the quarter was down 6.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.21 EPS.
View MSC Industrial Direct's earnings history.

MSC Industrial Direct declared a quarterly dividend on Wednesday, December 16th. Investors of record on Tuesday, January 12th will be given a dividend of $0.75 per share on Tuesday, January 26th. This represents a $3.00 annualized dividend and a dividend yield of 3.62%. The ex-dividend date is Monday, January 11th.
View MSC Industrial Direct's dividend history.

MSC Industrial Direct pays an annual dividend of $3.00 per share and currently has a dividend yield of 3.68%. MSC Industrial Direct does not yet have a strock track record of dividend growth. The dividend payout ratio of MSC Industrial Direct is 63.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MSC Industrial Direct will have a dividend payout ratio of 59.41% next year. This indicates that MSC Industrial Direct will be able to sustain or increase its dividend.
View MSC Industrial Direct's dividend history.

8 brokerages have issued twelve-month price objectives for MSC Industrial Direct's shares. Their forecasts range from $70.00 to $96.00. On average, they expect MSC Industrial Direct's share price to reach $80.57 in the next year. This suggests that the stock has a possible downside of 2.7%.
View analysts' price targets for MSC Industrial Direct or view Wall Street analyst' top-rated stocks.

MSC Industrial Direct saw a decrease in short interest in the month of December. As of December 31st, there was short interest totaling 1,190,000 shares, a decrease of 19.6% from the December 15th total of 1,480,000 shares. Based on an average trading volume of 406,500 shares, the short-interest ratio is currently 2.9 days.
View MSC Industrial Direct's Short Interest.

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

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).

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

MSC Industrial Direct's stock is owned by many different retail and institutional investors. Top institutional investors include Professional Advisory Services Inc. (0.30%), Mountain Pacific Investment Advisers Inc. ID (0.20%), Martin Capital Partners LLC (0.11%), Sound Income Strategies LLC (0.02%), Pacer Advisors Inc. (0.02%) and Bowling Portfolio Management LLC (0.02%). Company insiders that own MSC Industrial Direct stock include Charles Bonomo, Denis F Kelly, Douglas E Jones, Edward F Martin, Jr, Gregory Polli, Rustom Jilla 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 Pacer Advisors Inc., Brookstone Capital Management, Bowling Portfolio Management LLC, Mountain Pacific Investment Advisers Inc. ID, State of Alaska Department of Revenue, and Martin Capital Partners LLC. Company insiders that have sold MSC Industrial Direct company stock in the last year include Douglas E Jones, and Edward F Martin, Jr.
View insider buying and selling activity for MSC Industrial Direct or view top insider-selling stocks.

MSM stock was purchased by a variety of institutional investors in the last quarter, including Professional Advisory Services Inc., Raymond James Trust N.A., 6 Meridian, Sound Income Strategies LLC, Rockland Trust Co., and Exchange Traded Concepts LLC.
View insider buying and selling activity for MSC Industrial Direct or or view top insider-buying stocks.

Shares of MSM 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.

One share of MSM stock can currently be purchased for approximately $82.78.

MSC Industrial Direct has a market capitalization of $4.62 billion and generates $3.19 billion in revenue each year. The industrial products company earns $251.76 million in net income (profit) each year or $4.74 on an earnings per share basis. MSC Industrial Direct employs 6,315 workers across the globe.

The official website for MSC Industrial Direct is 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]