MSC Industrial Direct Stock Forecast, Price & News

MSC Industrial Direct (NYSE:MSM) Frequently Asked Questions

Is MSC Industrial Direct a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MSC Industrial Direct in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MSC Industrial Direct stock.
View analyst ratings for MSC Industrial Direct or view top-rated stocks.

How has MSC Industrial Direct's stock been impacted by COVID-19 (Coronavirus)?

MSC Industrial Direct's stock was trading at $53.36 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MSM shares have increased by 53.7% and is now trading at $81.99.
View which stocks have been most impacted by COVID-19.

When is MSC Industrial Direct's next earnings date?

MSC Industrial Direct is scheduled to release its next quarterly earnings announcement on Wednesday, April 6th 2022.
View our earnings forecast for MSC Industrial Direct.

How were MSC Industrial Direct's earnings last quarter?

MSC Industrial Direct Co., Inc. (NYSE:MSM) released its earnings results on Wednesday, December, 22nd. The industrial products company reported $1.25 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.20 by $0.05. The industrial products company earned $848.50 million during the quarter, compared to analysts' expectations of $839.63 million. MSC Industrial Direct had a trailing twelve-month return on equity of 24.06% and a net margin of 7.37%. MSC Industrial Direct's revenue for the quarter was up 9.9% on a year-over-year basis. During the same period in the prior year, the company earned $1.10 EPS.
View MSC Industrial Direct's earnings history.

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 Wednesday, December 15th. Investors of record on Tuesday, January 11th will be given a dividend of $0.75 per share on Tuesday, January 25th. This represents a $3.00 annualized dividend and a dividend yield of 3.66%. The ex-dividend date is Monday, January 10th.
View MSC Industrial Direct's dividend history.

Is MSC Industrial Direct a good dividend stock?

MSC Industrial Direct pays an annual dividend of $3.00 per share and currently has a dividend yield of 3.64%. MSC Industrial Direct has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of MSC Industrial Direct is 68.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MSC Industrial Direct will have a dividend payout ratio of 49.18% next year. This indicates that MSC Industrial Direct will be able to sustain or increase its dividend.
View MSC Industrial Direct's dividend history.

What price target have analysts set for MSM?

7 brokerages have issued twelve-month price objectives for MSC Industrial Direct's shares. Their forecasts range from $91.00 to $115.00. On average, they expect MSC Industrial Direct's share price to reach $100.33 in the next year. This suggests a possible upside of 22.4% from the stock's current price.
View analysts' price targets for MSC Industrial Direct or view top-rated stocks among Wall Street analysts.

Who are MSC Industrial Direct's key executives?

MSC Industrial Direct's management team includes the following people:

• Erik David Gershwind, President, Chief Executive Officer & Director
• Kristen Actis-Grande, Chief Financial Officer & Executive Vice President
• Charles Bonomo, Chief Information Officer & Senior Vice President
• Douglas E. Jones, Chief Supply Chain Officer & Executive VP
• Steven N. Baruch, Executive VP, Chief Strategy & Marketing Officer

What is Erik Gershwind's approval rating as MSC Industrial Direct's CEO?

274 employees have rated MSC Industrial Direct CEO Erik Gershwind on Glassdoor.com. Erik Gershwind has an approval rating of 70% among MSC Industrial Direct's employees.

Who are some of MSC Industrial Direct's key competitors?

Some companies that are related to MSC Industrial Direct include Fastenal (FAST), W.W. Grainger (GWW), United Rentals (URI), Watsco (WSO), WESCO International (WCC), Air Lease (AL), Applied Industrial Technologies (AIT), Beacon Roofing Supply (BECN), GATX (GATX), Rush Enterprises (RUSHA), Textainer Group (TGH), H&E Equipment Services (HEES), Kaman (KAMN), BlueLinx (BXC) and Titan Machinery (TITN).
View all of MSM's competitors.

What other stocks do shareholders of MSC Industrial Direct own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MSC Industrial Direct investors own include Pfizer (PFE), Exxon Mobil (XOM), AT&T (T), International Business Machines (IBM), Cisco Systems (CSCO), Intel (INTC), AbbVie (ABBV), Bristol-Myers Squibb (BMY), 3M (MMM) and Verizon Communications (VZ).

What is MSC Industrial Direct's stock symbol?

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

Who are MSC Industrial Direct's major shareholders?

MSC Industrial Direct's stock is owned by a variety of retail and institutional investors. Top institutional investors include Copeland Capital Management LLC (1.05%), Professional Advisory Services Inc. (0.44%), NN Investment Partners Holdings N.V. (0.39%), Mountain Pacific Investment Advisers Inc. ID (0.20%), Eliot Finkel Investment Counsel LLC (0.15%) and Russell Investments Group Ltd. (0.13%). Company insiders that own MSC Industrial Direct stock include Charles Bonomo, Douglas E Jones, Edward F Martin, Jr, Gregory Polli, Kari D Heerdt, Louise K Goeser, Mitchell Jacobson, Philip Peller and Steve Armstrong.
View institutional ownership trends for MSC Industrial Direct.

Which institutional investors are selling MSC Industrial Direct stock?

MSM stock was sold by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Strs Ohio, Parallel Advisors LLC, Symmetry Partners LLC, Mountain Pacific Investment Advisers Inc. ID, IFP Advisors Inc, Leavell Investment Management Inc., and Van ECK Associates Corp. Company insiders that have sold MSC Industrial Direct company stock in the last year include Charles Bonomo, Edward F Martin, Jr, Gregory Polli, Kari D Heerdt, Louise K Goeser, Philip Peller, and Steve Armstrong.
View insider buying and selling activity for MSC Industrial Direct or view top insider-selling stocks.

Which institutional investors are buying MSC Industrial Direct stock?

MSM stock was purchased by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Butensky & Cohen Financial Security Inc., Russell Investments Group Ltd., Diversified Trust Co, Oak Thistle LLC, New York State Teachers Retirement System, Copeland Capital Management LLC, and Future Financial Wealth Managment LLC. Company insiders that have bought MSC Industrial Direct stock in the last two years include Louise K Goeser, and Mitchell Jacobson.
View insider buying and selling activity for MSC Industrial Direct or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is MSC Industrial Direct's stock price today?

One share of MSM stock can currently be purchased for approximately $81.99.

How much money does MSC Industrial Direct make?

MSC Industrial Direct has a market capitalization of $4.57 billion and generates $3.24 billion in revenue each year. The industrial products company earns $216.91 million in net income (profit) each year or $4.36 on an earnings per share basis.

How many employees does MSC Industrial Direct have?

MSC Industrial Direct employs 6,571 workers across the globe.

Does MSC Industrial Direct have any subsidiaries?

The following companies are subsidiares of MSC Industrial Direct: Accurate Holding Inc., All Integrated Solutions, American Specialty Grinding Co. Inc., American Tool Supply, Barnes Group - North American distribution business, Deco Tool Supply, J&L America Inc., J&L Industrial Supply, MSC Acquisition Corp III, MSC Acquisition Corp VI, MSC Acquisition Corp VII, MSC Acquisition Subsidiary LLC, MSC Contract Management Inc, MSC Foreign Properties Corporation, MSC Import Export LLC, MSC Industrial Supply License Holder 1, MSC Industrial Supply S.de.R.L. de C.V, MSC Industrial Supply ULC, MSC Services Corp., Mission Real Estate Acquisition Company, Rutland Tool & Supply Co., and Sid Tool Co. Inc..

When was MSC Industrial Direct founded?

MSC Industrial Direct was founded in 1941.

What is MSC Industrial Direct's official website?

The official website for MSC Industrial Direct is www.mscdirect.com.

Where are MSC Industrial Direct's headquarters?

MSC Industrial Direct is headquartered at 75 MAXESS ROAD, MELVILLE NY, 11747.

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, via email at [email protected], or via fax at 516-349-7096.