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 announced a quarterly dividend on Tuesday, June 19th. Shareholders of record on Tuesday, July 10th will be given a dividend of $0.58 per share on Tuesday, July 24th. This represents a $2.32 annualized dividend and a yield of 2.52%. View MSC Industrial Direct's Dividend History.

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

MSC Industrial Direct Co Inc (NYSE:MSM) issued its quarterly earnings results on Tuesday, April, 10th. The industrial products company reported $1.34 EPS for the quarter, topping the Zacks' consensus estimate 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 net margin of 9.91% and a return on equity of 20.53%. MSC Industrial Direct's quarterly revenue was up 9.3% on a year-over-year basis. During the same period last year, the business posted $1.33 EPS. View MSC Industrial Direct's Earnings History.

MSC Industrial Direct is scheduled to release their next quarterly earnings announcement on Wednesday, July, 11th 2018. View Earnings Estimates for MSC Industrial Direct.

MSC Industrial Direct updated its third quarter earnings guidance on Tuesday, April, 10th. The company provided EPS guidance of $1.37-1.43 for the period, compared to the Thomson Reuters consensus estimate of $1.41. The company issued revenue guidance of $820-835 million, compared to the consensus revenue estimate of $828.27 million.

15 equities research analysts have issued 12 month target prices for MSC Industrial Direct's shares. Their predictions range from $76.00 to $116.00. On average, they expect MSC Industrial Direct's share price to reach $100.50 in the next year. View Analyst Ratings for MSC Industrial Direct.

Some companies that are related to MSC Industrial Direct include Atlantia (ATL), Tenaris (TS), Kubota (KUBTY), Cintas (CTAS), Ferguson (FERGY), BAE Systems (BA), W W Grainger (GWW), Rolls-Royce (RR), ASHTEAD Grp PLC/ADR (ASHTY), Cimic Group (CIM), Norsk Hydro ASA (NHYDY), TORAY INDUSTRIE/ADR (TRYIY), Xylem (XYL), Ball (BLL) and Amcor Limited ADS common stock (AMCRY).

News headlines about MSM stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. MSC Industrial Direct earned a news impact score of 0.04 on Accern's scale. They also gave press coverage about the industrial products company an impact score of 45.13 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

MSC Industrial Direct's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.85%), JPMorgan Chase & Co. (4.76%), New South Capital Management Inc. (4.02%), American Century Companies Inc. (3.71%), Schroder Investment Management Group (1.62%) and Poplar Forest Capital LLC (1.04%). 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 New South Capital Management Inc., Fisher Asset Management LLC, Schroder Investment Management Group, Blair William & Co. IL, Citigroup Inc., Monarch Partners Asset Management LLC, Fiduciary Management Inc. WI and Massachusetts Financial Services Co. MA. 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 purchased by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Prudential Financial Inc., American Century Companies Inc., BlackRock Inc., Old Mutual Global Investors UK Ltd., WBI Investments Inc., Schwab Charles Investment Management Inc. and DekaBank Deutsche Girozentrale. 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 $92.07.

MSC Industrial Direct has a market capitalization of $5.28 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]