NYSE:MSMMSC Industrial Direct Stock Price, Forecast & News

$74.20

+2.04 (+2.83 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$73.34

Now: $74.20▼

$75.27

50-Day Range

$56.73

MA: $62.30▼

$72.16

52-Week Range

$44.93

Now: $74.20▼

$79.87

Volume635,563 shs

Average Volume506,711 shs

Market Capitalization$4.11 billion

P/E Ratio15.39

Dividend Yield4.16%

Beta0.99

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. It offers approximately 1,645,000 stock-keeping units through its catalogs; brochures; e-commerce channels, including its Website, mscdirect.com; inventory management solutions; and call-centers and branches. The company serves through its distribution network of 100 branch offices and 12 customer fulfillment centers. It serves individual machine shops, Fortune 100 manufacturing companies, and government agencies. The company was founded in 1941 and is headquartered in Melville, New York.

Beat the Market (BTM) Rank^™

1.0 Analyst's Opinion

Consensus Rating
MSC Industrial Direct has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 5 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $69.67, MSC Industrial Direct has a potential downside of 6.1% from its current price of $74.20.
Amount of Analyst Coverage
MSC Industrial Direct has only been the subject of 4 research reports in the past 90 days.

1.8 Community Rank

Outperform Votes
MSC Industrial Direct has received 355 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
MSC Industrial Direct has received 609 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
MSC Industrial Direct has received 63.17% “underperform” votes from our community.

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.

4.2 Dividend Strength

Dividend Leadership
MSC Industrial Direct is a leading dividend payer. It pays a dividend yield of 4.16%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
MSC Industrial Direct has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of MSC Industrial Direct is 56.71 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, MSC Industrial Direct will have a dividend payout ratio of 73.17 % next year. This indicates that MSC Industrial Direct will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MSC Industrial Direct insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $221,820.00 in company stock.
Percentage Held by Insiders
Only 28.75% of the stock of MSC Industrial Direct is held by insiders.
Percentage Held by Institutions
73.07% of the stock of MSC Industrial Direct is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for MSC Industrial Direct are expected to grow by 0.24% in the coming year, from $4.09 to $4.10 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MSC Industrial Direct is 15.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.74.
Price to Earnings Ratio vs. Sector
The P/E ratio of MSC Industrial Direct is 15.39, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.14.
Price to Book Value per Share Ratio
MSC Industrial Direct has a P/B Ratio of 2.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.97 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Industrial machinery & equipment

Sub-IndustryTrading Companies & Distributors

SectorIndustrial Products

Current SymbolNYSE:MSM

Previous Symbol

CUSIP55353010

CIK1003078

Webwww.mscdirect.com

Phone516-812-2000

Debt

Debt-to-Equity Ratio0.21

Current Ratio1.75

Quick Ratio0.94

Price-To-Earnings

Trailing P/E Ratio15.39

Forward P/E Ratio18.14

P/E GrowthN/A

Sales & Book Value

Annual Sales$3.36 billion

Price / Sales1.22

Cash Flow$6.69 per share

Price / Cash Flow11.09

Book Value$26.87 per share

Price / Book2.76

Profitability

EPS (Most Recent Fiscal Year)$5.29

Net Income$288.80 million

Net Margins8.05%

Return on Equity19.23%

Return on Assets11.75%

Miscellaneous

Employees6,700

Outstanding Shares55,390,000

Market Cap$4.11 billion

Next Earnings Date7/8/2020 (Estimated)

OptionableOptionable

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MSC Industrial Direct (NYSE:MSM) Frequently Asked Questions

How has MSC Industrial Direct's stock been impacted by COVID-19 (Coronavirus)?

MSC Industrial Direct's stock was trading at $53.36 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MSM shares have increased by 39.1% and is now trading at $74.20. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of MSC Industrial Direct?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MSC Industrial Direct in the last year. There are currently 2 sell ratings, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for MSC Industrial Direct.

When is MSC Industrial Direct's next earnings date?

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

How were MSC Industrial Direct's earnings last quarter?

MSC Industrial Direct Co Inc (NYSE:MSM) announced its quarterly earnings data on Wednesday, April, 8th. The industrial products company reported $1.00 EPS for the quarter, meeting the Zacks' consensus estimate of $1.00. The industrial products company had revenue of $786.10 million for the quarter, compared to analyst estimates of $792.26 million. MSC Industrial Direct had a return on equity of 19.23% and a net margin of 8.05%. The business's revenue for the quarter was down 4.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.24 earnings per share. View MSC Industrial Direct's earnings history.

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 Tuesday, March 31st. Stockholders of record on Tuesday, April 14th will be given a dividend of $0.75 per share on Tuesday, April 28th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 4.04%. The ex-dividend date of this dividend is Monday, April 13th. View MSC Industrial Direct's dividend history.

What price target have analysts set for MSM?

9 analysts have issued 1-year price objectives for MSC Industrial Direct's shares. Their forecasts range from $58.00 to $80.00. On average, they anticipate MSC Industrial Direct's stock price to reach $69.67 in the next year. This suggests that the stock has a possible downside of 6.1%. View analysts' price targets for MSC Industrial Direct.

Has MSC Industrial Direct been receiving favorable news coverage?

News headlines about MSM stock have been trending extremely negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. MSC Industrial Direct earned a news impact score of -5.0 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news aboutMSC Industrial Direct.

Are investors shorting MSC Industrial Direct?

MSC Industrial Direct saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 1,500,000 shares, an increase of 15.4% from the April 15th total of 1,300,000 shares. Based on an average trading volume of 681,500 shares, the days-to-cover ratio is currently 2.2 days. Currently, 3.4% of the shares of the company are sold short. 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 Fastenal (FAST), W W Grainger (GWW), United Rentals (URI), Watsco (WSO), Air Lease (AL), Applied Industrial Technologies (AIT), GATX (GATX), Beacon Roofing Supply (BECN), WESCO International (WCC), Rush Enterprises (RUSHA), Kaman (KAMN), H&E Equipment Services (HEES), MRC Global (MRC), Textainer Group (TGH) and DXP Enterprises (DXPE). View all competitors.

What other stocks do shareholders of MSC Industrial Direct own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MSC Industrial Direct investors own include Pfizer (PFE), Exxon Mobil (XOM), IBM (IBM), AT&T (T), Cisco Systems (CSCO), AbbVie (ABBV), Bank of America (BAC), Walt Disney (DIS), Mcdonald's (MCD) and 3M (MMM).

Who are MSC Industrial Direct's key executives?

MSC Industrial Direct's management team includes the following 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)

What is MSC Industrial Direct's stock symbol?

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

Who are MSC Industrial Direct's major shareholders?

MSC Industrial Direct's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.26%), Yacktman Asset Management LP (2.76%), New South Capital Management Inc. (2.67%), State Street Corp (2.02%), First Trust Advisors LP (1.60%) and Paradice Investment Management LLC (1.53%). Company insiders that own MSC Industrial Direct stock include Charles Bonomo, David Wright, Denis F Kelly, Douglas E Jones, Gregory Polli, 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 JPMorgan Chase & Co., Los Angeles Capital Management & Equity Research Inc., Poplar Forest Capital LLC, New South Capital Management Inc., BNP Paribas Arbitrage SA, Raymond James & Associates, AXA, and Rice Hall James & Associates LLC. Company insiders that have sold MSC Industrial Direct company stock in the last year include Charles Bonomo, Douglas E Jones, and Rustom Jilla. View insider buying and selling activity 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 Yacktman Asset Management LP, Mackenzie Financial Corp, Seizert Capital Partners LLC, APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., BlackRock Inc., and Morgan Stanley. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is MSC Industrial Direct's stock price today?

One share of MSM stock can currently be purchased for approximately $74.20.

How big of a company is MSC Industrial Direct?

MSC Industrial Direct has a market capitalization of $4.11 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.

What is MSC Industrial Direct's official website?

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

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]

This page was last updated on 6/7/2020 by MarketBeat.com Staff