NYSE:MSMMSC Industrial Direct Stock Price, Forecast & News

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 (WHO). Since then, MSM stock has increased by 13.0% and is now trading at $60.30. View which stocks have been mosted impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MSC Industrial Direct in the last year. There are currently 2 sell ratings, 7 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for MSC Industrial Direct.

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

MSC Industrial Direct will be holding an earnings conference call on Wednesday, April 8th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

MSC Industrial Direct Co Inc (NYSE:MSM) issued its quarterly earnings data on Wednesday, January, 8th. The industrial products company reported $1.21 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.17 by $0.04. The industrial products company earned $823.60 million during the quarter, compared to analysts' expectations of $820.84 million. MSC Industrial Direct had a return on equity of 19.67% and a net margin of 8.35%. The firm's revenue was down 1.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.33 earnings per share. View MSC Industrial Direct's earnings history.

MSC Industrial Direct declared a quarterly dividend on Tuesday, March 31st. Investors 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 yield of 4.98%. The ex-dividend date is Monday, April 13th. View MSC Industrial Direct's dividend history.

MSC Industrial Direct issued an update on its second quarter earnings guidance on Wednesday, January, 8th. The company provided EPS guidance of $0.97-1.03 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.13. The company issued revenue guidance of $781-798 million, compared to the consensus revenue estimate of $812.79 million.

10 brokers have issued 1 year target prices for MSC Industrial Direct's shares. Their forecasts range from $60.00 to $86.00. On average, they anticipate MSC Industrial Direct's stock price to reach $73.45 in the next year. This suggests a possible upside of 21.8% from the stock's current price. View analysts' price targets for MSC Industrial Direct.

Media headlines about MSM stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. MSC Industrial Direct earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave media headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutMSC Industrial Direct.

MSC Industrial Direct saw a drop in short interest in March. As of March 13th, there was short interest totaling 1,219,300 shares, a drop of 25.2% from the February 27th total of 1,630,000 shares. Based on an average trading volume of 629,400 shares, the days-to-cover ratio is presently 1.9 days. Currently, 2.8% of the company's shares are sold short. View MSC Industrial Direct's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other MSC Industrial Direct investors own include Exxon Mobil (XOM), IBM (IBM), Pfizer (PFE), Cisco Systems (CSCO), AT&T (T), 3M (MMM), AbbVie (ABBV), Bank of America (BAC), Walt Disney (DIS) and Southern (SO).

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

MSC Industrial Direct's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Red Spruce Capital LLC (0.03%), State of Alaska Department of Revenue (0.01%) and Global Trust Asset Management LLC (0.01%). Company insiders that own MSC Industrial Direct stock include Charles Bonomo, David Wright, Denis F Kelly, Douglas E Jones, Erik Gershwind, Gregory Polli, Kari D Heerdt, Mitchell Jacobson, Rustom Jilla, Steve Armstrong and Steven N Baruch. View institutional ownership trends for MSC Industrial Direct.

MSM stock was purchased by a variety of institutional investors in the last quarter, including Global Trust Asset Management LLC, Red Spruce Capital LLC, and State of Alaska Department of Revenue. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of MSM stock can currently be purchased for approximately $60.30.

MSC Industrial Direct has a market capitalization of $3.34 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. View additional information about MSC Industrial Direct.

The official website for MSC Industrial Direct is http://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]