MSC Industrial Direct Co., Inc., together with its subsidiaries, distributes various ranges of metalworking and maintenance, repair, and operations (MRO) products primarily 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, 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 1,565,000 stock-keeping units through its catalogs; brochures; eCommerce channels, including its Website, mscdirect.com; and call-centers and branches. The company serves primarily through its distribution network of 93 branch offices and 12 customer fulfillment centers. It serves individual machine shops, manufacturing companies, and government agencies. The company was founded in 1941 and is headquartered in Melville, New York.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Industrial machinery & equipment
Sub-IndustryTrading Companies & Distributors
SectorIndustrial Products
Current SymbolNYSE:MSM
Previous Symbol
CUSIP55353010
Phone516-812-2000
Debt
Debt-to-Equity Ratio0.22
Current Ratio2.34
Quick Ratio1.28
Price-To-Earnings
Trailing P/E Ratio17.24
Forward P/E Ratio14.85
P/E Growth0.98
Sales & Book Value
Annual Sales$3.20 billion
Price / Sales1.52
Cash Flow$6.3288 per share
Price / Cash13.84
Book Value$24.82 per share
Price / Book3.53
Profitability
EPS (Most Recent Fiscal Year)$5.08
Net Income$329.22 million
Net Margins10.28%
Return on Equity21.36%
Return on Assets13.06%
Miscellaneous
Employees6,657
Outstanding Shares55,780,000
Market Cap$4.85 billion
OptionableOptionable
MSC Industrial Direct (NYSE:MSM) Frequently Asked Questions
What is MSC Industrial Direct's stock symbol?
MSC Industrial Direct trades on the New York Stock Exchange (NYSE) under the ticker symbol "MSM."
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 Thursday, October 18th. Shareholders of record on Tuesday, November 13th will be paid a dividend of $0.63 per share on Tuesday, November 27th. This represents a $2.52 annualized dividend and a yield of 2.88%. The ex-dividend date of this dividend is Friday, November 9th. This is an increase from MSC Industrial Direct's previous quarterly dividend of $0.58. View MSC Industrial Direct's Dividend History.
How will MSC Industrial Direct's stock buyback program work?
MSC Industrial Direct announced that its board has approved a stock buyback plan on Thursday, January 11th 2018, which permits the company to buyback 2,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its stock is undervalued.
How were MSC Industrial Direct's earnings last quarter?
MSC Industrial Direct Co Inc (NYSE:MSM) released its quarterly earnings data on Tuesday, October, 30th. The industrial products company reported $1.32 EPS for the quarter, topping analysts' consensus estimates of $1.29 by $0.03. The industrial products company had revenue of $838 million for the quarter, compared to the consensus estimate of $838.88 million. MSC Industrial Direct had a net margin of 10.28% and a return on equity of 21.36%. MSC Industrial Direct's quarterly revenue was up 11.2% on a year-over-year basis. During the same period last year, the firm posted $1.07 earnings per share. View MSC Industrial Direct's Earnings History.
When is MSC Industrial Direct's next earnings date?
What guidance has MSC Industrial Direct issued on next quarter's earnings?
MSC Industrial Direct updated its first quarter earnings guidance on Tuesday, October, 30th. The company provided EPS guidance of $1.28-1.34 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.38. The company issued revenue guidance of $821-837 million, compared to the consensus revenue estimate of $831.60 million.MSC Industrial Direct also updated its Q1 2019 guidance to $1.28-1.34 EPS.
What price target have analysts set for MSM?
15 Wall Street analysts have issued twelve-month price targets for MSC Industrial Direct's stock. Their predictions range from $87.00 to $116.00. On average, they expect MSC Industrial Direct's stock price to reach $100.2308 in the next year. This suggests a possible upside of 14.4% from the stock's current price. View Analyst Price Targets for MSC Industrial Direct.
What is the consensus analysts' recommendation 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 8 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MSC Industrial Direct.
Has MSC Industrial Direct been receiving favorable news coverage?
Media coverage about MSM stock has trended somewhat positive recently, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. MSC Industrial Direct earned a news impact score of 1.0 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days.
Who are some of MSC Industrial Direct's key competitors?
Some companies that are related to MSC Industrial Direct include Cintas (CTAS), SANDVIK AB/ADR (SDVKY), Stanley Black & Decker (SWK), Tenaris (TS), W W Grainger (GWW), Ball (BLL), Ferguson (FERGY), TORAY INDUSTRIE/ADR (TRYIY), Dover (DOV), Xylem (XYL), BRAMBLES Ltd/S (BXBLY), ASHTEAD Grp PLC/ADR (ASHTY), Amcor Limited ADS (AMCRY), IDEX (IEX) and Norsk Hydro ASA (NHYDY).
Who are MSC Industrial Direct's key executives?
MSC Industrial Direct's management team includes the folowing people:
- Mr. Erik David Gershwind, Pres, CEO & Director (Age 47)
- Mr. Rustom F. Jilla BCom, CA(Sri Lanka), CMA(UK), MBA, Exec. VP & CFO (Age 57)
- Mr. Steve Armstrong, Sr. VP, Gen. Counsel & Corp. Sec. (Age 60)
- Ms. Kari Heerdt, Sr. VP & Chief People Officer (Age 50)
- Mr. Douglas E. Jones, Exec. VP & Chief Supply Chain Officer (Age 54)
Who are MSC Industrial Direct's major shareholders?
MSC Industrial Direct's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.15%), American Century Companies Inc. (5.26%), JPMorgan Chase & Co. (4.78%), New South Capital Management Inc. (3.40%), Ashler Capital LLC (2.30%) and Bank of New York Mellon Corp (1.51%). 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.
Which major investors are selling MSC Industrial Direct stock?
MSM stock was sold by a variety of institutional investors in the last quarter, including Ashler Capital LLC, Schroder Investment Management Group, Chicago Capital LLC, New South Capital Management Inc., Prudential Financial Inc., GWM Advisors LLC, DekaBank Deutsche Girozentrale and BlueMountain Capital Management 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, Gregory Polli, Kari D Heerdt, Mitchell Jacobson, Rustom Jilla, Steve Armstrong and Steven N Baruch. View Insider Buying and Selling for MSC Industrial Direct.
Which major investors are buying MSC Industrial Direct stock?
MSM stock was purchased by a variety of institutional investors in the last quarter, including American Century Companies Inc., Paradice Investment Management LLC, First Trust Advisors LP, Deutsche Bank AG, Renaissance Technologies LLC, Victory Capital Management Inc., Massachusetts Financial Services Co. MA and Bank of New York Mellon Corp. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is MSC Industrial Direct's stock price today?
One share of MSM stock can currently be purchased for approximately $87.59.
How big of a company is MSC Industrial Direct?
MSC Industrial Direct has a market capitalization of $4.85 billion and generates $3.20 billion in revenue each year. The industrial products company earns $329.22 million in net income (profit) each year or $5.08 on an earnings per share basis. MSC Industrial Direct employs 6,657 workers across the globe.
What is MSC Industrial Direct's official website?
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]
MarketBeat Community Rating for MSC Industrial Direct (NYSE MSM)
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.
