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. Since then, MSM stock has increased by 37.0% and is now trading at $73.10. View which stocks have been most impacted by Coronavirus.

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.

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.

MSC Industrial Direct will be holding an earnings conference call on Wednesday, July 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) released its quarterly earnings data on Wednesday, April, 8th. The industrial products company reported $1.00 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.00. The industrial products company earned $786.10 million during the quarter, compared to the consensus estimate of $792.26 million. MSC Industrial Direct had a net margin of 8.05% and a return on equity of 19.23%. MSC Industrial Direct's revenue was down 4.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.24 EPS. View MSC Industrial Direct's earnings history.

MSC Industrial Direct announced a quarterly dividend on Tuesday, June 30th. Stockholders of record on Tuesday, July 14th will be paid a dividend of $0.75 per share on Tuesday, July 28th. This represents a $3.00 annualized dividend and a yield of 4.10%. The ex-dividend date of this dividend is Monday, July 13th. View MSC Industrial Direct's dividend history.

MSC Industrial Direct updated its third quarter 2020 After-Hours earnings guidance on Tuesday, June, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $835-835 million, compared to the consensus revenue estimate of $772.63 million.

9 brokers have issued 1 year price targets for MSC Industrial Direct's stock. Their forecasts range from $60.00 to $82.00. On average, they expect MSC Industrial Direct's stock price to reach $73.00 in the next year. This suggests that the stock has a possible downside of 0.1%. View analysts' price targets for MSC Industrial Direct.

News coverage about MSM stock has trended somewhat positive this week, according to InfoTrie. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. MSC Industrial Direct earned a media sentiment score of 0.7 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about MSC Industrial Direct.

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), Rush Enterprises (RUSHA), WESCO International (WCC), Kaman (KAMN), H&E Equipment Services (HEES), MRC Global (MRC), Textainer Group (TGH) and DXP Enterprises (DXPE). View all competitors.

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).

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

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 $73.10.

MSC Industrial Direct has a market capitalization of $4.05 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.

The official website for MSC Industrial Direct is 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]