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 declared a quarterly dividend on Wednesday, December 18th. Shareholders of record on Wednesday, January 22nd will be given a dividend of $0.75 per share on Wednesday, February 5th. This represents a $3.00 annualized dividend and a yield of 3.82%. The ex-dividend date of this dividend is Tuesday, January 21st. View MSC Industrial Direct's Dividend History.

MSC Industrial Direct Co Inc (NYSE:MSM) announced its quarterly earnings results on Wednesday, January, 8th. The industrial products company reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.04. The industrial products company earned $823.60 million during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the company earned $1.33 earnings per share. 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 (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 analysts have issued 1 year price objectives for MSC Industrial Direct's shares. Their forecasts range from $60.00 to $86.00. On average, they expect MSC Industrial Direct's stock price to reach $75.56 in the next year. This suggests that the stock has a possible downside of 3.7%. 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.

News articles about MSM stock have trended positive this week, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. MSC Industrial Direct earned a news impact score of 2.2 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for MSC Industrial Direct.

MSC Industrial Direct saw a increase in short interest in the month of 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 daily volume of 476,700 shares, the days-to-cover ratio is currently 5.8 days. Approximately 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), MRC Global (MRC), H&E Equipment Services (HEES) 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 many different of retail and institutional investors. Top institutional investors include Leith Wheeler Investment Counsel Ltd. (0.12%), Verity & Verity LLC (0.07%), Tocqueville Asset Management L.P. (0.04%), Red Spruce Capital LLC (0.03%), Ridgewood Investments LLC (0.02%) and State of Alaska Department of Revenue (0.01%). 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 First Hawaiian Bank, Tocqueville Asset Management L.P., Raymond James Trust N.A. 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, Steve Armstrong 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 and Ridgewood Investments 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 $78.44.

MSC Industrial Direct has a market capitalization of $4.33 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.