NYSE:MSM - MSC Industrial Direct Stock Price, Forecast & News

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

MSC Industrial Direct announced a quarterly dividend on Wednesday, December 18th. Stockholders of record on Wednesday, January 22nd will be paid a dividend of $0.75 per share on Wednesday, February 5th. This represents a $3.00 annualized dividend and a dividend yield of 3.90%. The ex-dividend date is Tuesday, January 21st. View MSC Industrial Direct's Dividend History.

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, topping the Thomson Reuters' consensus estimate of $1.17 by $0.04. The industrial products company had revenue of $823.60 million for the quarter, compared to analysts' expectations of $820.84 million. MSC Industrial Direct had a net margin of 8.35% and a return on equity of 19.67%. The company's revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.33 EPS. View MSC Industrial Direct's Earnings History.

MSC Industrial Direct is scheduled to release their next quarterly earnings announcement on Wednesday, April 8th 2020. View Earnings Estimates for MSC Industrial Direct.

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

10 analysts have issued 12-month 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 $75.56 in the next twelve months. This suggests that the stock has a possible downside of 1.7%. View Analyst Price Targets for MSC Industrial Direct.

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 and 8 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MSC Industrial Direct.

Media coverage about MSM stock has trended positive recently, according to InfoTrie. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. 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 news sentiment score of 3.0 on InfoTrie's scale. They also gave media coverage 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 next several days. View News Stories for MSC Industrial Direct.

MSC Industrial Direct saw a increase in short interest in December. As of December 13th, there was short interest totalling 2,770,000 shares, an increase of 6.5% from the November 28th total of 2,600,000 shares. Based on an average trading volume of 476,700 shares, the short-interest ratio is currently 5.8 days. Currently, 6.2% 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), Air Lease (AL), GATX (GATX), Applied Industrial Technologies (AIT), Beacon Roofing Supply (BECN), Aircastle (AYR), WESCO International (WCC), Kaman (KAMN), Rush Enterprises (RUSHA), H&E Equipment Services (HEES), MRC Global (MRC) and DXP Enterprises (DXPE).

Based on aggregate information from My MarketBeat watchlists, some companies that other MSC Industrial Direct investors own include Exxon Mobil (XOM), Cisco Systems (CSCO), IBM (IBM), 3M (MMM), Pfizer (PFE), AT&T (T), Verizon Communications (VZ), Amgen (AMGN), Walgreens Boots Alliance (WBA) and Archer Daniels Midland (ADM).

MSC Industrial Direct's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Hamlin Capital Management LLC (1.18%), Leith Wheeler Investment Counsel Ltd. (0.12%), Verity & Verity LLC (0.07%), Nisa Investment Advisors LLC (0.06%), Tocqueville Asset Management L.P. (0.04%) and Red Spruce Capital LLC (0.03%). 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, 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 Hamlin Capital Management LLC, First Hawaiian Bank, Tocqueville Asset Management L.P., Raymond James Trust N.A., American Research & Management Co. and State of Alaska Department of Revenue. Company insiders that have sold MSC Industrial Direct company stock in the last year include Charles Bonomo, Denis F Kelly, Douglas E Jones, Gregory Polli, Rustom Jilla 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 Red Spruce Capital LLC, Cerebellum GP LLC, Leith Wheeler Investment Counsel Ltd., Diversified Trust Co, Verity & Verity LLC, Ridgewood Investments LLC and Nisa Investment Advisors LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of MSM stock can currently be purchased for approximately $76.89.

MSC Industrial Direct has a market capitalization of $4.26 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 121719.