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 paid a dividend of $0.58 per share on Tuesday, July 24th. This represents a $2.32 annualized dividend and a yield of 2.80%. The ex-dividend date of this dividend is Monday, July 9th. 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 repurchase 2,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.

MSC Industrial Direct Co Inc (NYSE:MSM) announced its quarterly earnings data on Wednesday, July, 11th. The industrial products company reported $1.39 EPS for the quarter, hitting analysts' consensus estimates 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 net margin of 10.16% and a return on equity of 21.08%. The company's revenue was up 11.3% on a year-over-year basis. During the same period in the previous year, the business posted $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 earnings per share guidance of $1.26-1.32 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.36. The company issued revenue guidance of $829-844 million, compared to the consensus revenue estimate of $846.22 million.

15 equities research analysts have issued 1-year price targets for MSC Industrial Direct's stock. Their predictions range from $76.00 to $116.00. On average, they anticipate MSC Industrial Direct's share price to reach $99.2308 in the next year. This suggests a possible upside of 19.6% 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), Amcor Limited ADS common stock (AMCRY), Xylem (XYL), 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).

Headlines about MSM stock have trended somewhat positive on Wednesday, according to Accern Sentiment. The research group rates the sentiment of media coverage by reviewing 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 media sentiment score of 0.09 on Accern's scale. They also gave news articles about the industrial products company an impact score of 46.32 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock'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 shareholders include Confluence Investment Management LLC (0.78%), Retirement Systems of Alabama (0.11%), Leith Wheeler Investment Counsel Ltd. (0.06%), Clinton Group Inc. (0.03%), Highland Capital Management LLC (0.01%) and Bank of Montreal Can (0.01%). 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 bought by a variety of institutional investors in the last quarter, including Clinton Group Inc., Highland Capital Management LLC, Leith Wheeler Investment Counsel Ltd., Oakbrook Investments LLC, CHICAGO TRUST Co NA, State of Alaska Department of Revenue and Retirement Systems of Alabama. 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 $82.94.

MSC Industrial Direct has a market capitalization of $4.60 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]