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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Sell every Stock except ONE (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
High oil prices help Saudi Aramco earn $88B in first half
Sell every Stock except ONE (Ad)
Germans urged to cap heat in offices this winter to save gas
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Former Deutsche Bank Co-CEO Anshu Jain dies
Sell every Stock except ONE (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Sell every Stock except ONE (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
High oil prices help Saudi Aramco earn $88B in first half
Sell every Stock except ONE (Ad)
Germans urged to cap heat in offices this winter to save gas
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Former Deutsche Bank Co-CEO Anshu Jain dies
Sell every Stock except ONE (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Sell every Stock except ONE (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
High oil prices help Saudi Aramco earn $88B in first half
Sell every Stock except ONE (Ad)
Germans urged to cap heat in offices this winter to save gas
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Former Deutsche Bank Co-CEO Anshu Jain dies
Sell every Stock except ONE (Ad)
NYSE:MSM

MSC Industrial Direct - MSM Stock Forecast, Price & News

$85.64
+1.49 (+1.77%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$84.52
$85.84
50-Day Range
$72.69
$86.15
52-Week Range
$71.69
$87.99
Volume
259,670 shs
Average Volume
350,729 shs
Market Capitalization
$4.79 billion
P/E Ratio
15.89
Dividend Yield
3.50%
Price Target
$98.25

MSC Industrial Direct MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
14.7% Upside
$98.25 Price Target
Short Interest
Healthy
2.94% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.09
Upright™ Environmental Score
News Sentiment
-0.09mentions of MSC Industrial Direct in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$14.45 M Bought Last Quarter
Proj. Earnings Growth
2.93%
From $6.14 to $6.32 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.48 out of 5 stars

Industrial Products Sector

43rd out of 191 stocks

Industrial Machinery & Equipment Industry

3rd out of 5 stocks

MSM stock logo

About MSC Industrial Direct (NYSE:MSM) Stock

MSC Industrial Direct Co., Inc., together with its subsidiaries, distributes metalworking and maintenance, repair, and operations (MRO) products and services in the United States, Canada, Mexico, and the United Kingdom. Its MRO products include cutting tools, measuring instruments, tooling components, metalworking products, fasteners, flat stock products, raw materials, abrasives, machinery hand and power tools, safety and janitorial supplies, plumbing supplies, materials handling products, power transmission components, and electrical supplies. The company offers approximately 1.9 million stock-keeping units through its catalogs and brochures; e-commerce channels, including its Website, mscdirect.com; inventory management solutions; and call-centers and branches. It operates through a distribution network of 28 branch offices, 11 customer fulfilment centers, and seven regional inventory centers. The company serves individual machine shops, Fortune 1000 manufacturing companies, and government agencies, as well as manufacturers of various sizes. MSC Industrial Direct Co., Inc. was founded in 1941 and is headquartered in Melville, New York.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. StockNews.com raised shares of MSC Industrial Direct from a "hold" rating to a "buy" rating in a research note on Tuesday, May 17th. Stephens reduced their target price on shares of MSC Industrial Direct to $100.00 in a research note on Monday, July 4th. Robert W. Baird reduced their target price on shares of MSC Industrial Direct from $105.00 to $100.00 and set an "outperform" rating on the stock in a research note on Thursday, June 30th. Finally, William Blair downgraded shares of MSC Industrial Direct from an "outperform" rating to a "market perform" rating in a research note on Wednesday, June 29th. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $98.25.

MSC Industrial Direct Trading Up 1.8 %

MSM Stock opened at $85.64 on Friday. The company has a market capitalization of $4.79 billion, a PE ratio of 15.89, a P/E/G ratio of 2.79 and a beta of 1.04. MSC Industrial Direct has a 12 month low of $71.69 and a 12 month high of $87.99. The firm's 50-day moving average is $78.05 and its 200 day moving average is $80.56. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.37 and a quick ratio of 1.27.

MSC Industrial Direct (NYSE:MSM - Get Rating) last posted its quarterly earnings results on Wednesday, June 29th. The industrial products company reported $1.82 EPS for the quarter, topping the consensus estimate of $1.75 by $0.07. The company had revenue of $958.60 million for the quarter, compared to the consensus estimate of $962.54 million. MSC Industrial Direct had a net margin of 8.62% and a return on equity of 25.72%. The firm's revenue was up 10.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.42 EPS. On average, research analysts anticipate that MSC Industrial Direct will post 6.14 EPS for the current year.

MSC Industrial Direct Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 26th. Shareholders of record on Tuesday, July 12th were issued a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 3.50%. The ex-dividend date was Monday, July 11th. MSC Industrial Direct's payout ratio is 55.66%.

Insiders Place Their Bets

In other MSC Industrial Direct news, Director Mitchell Jacobson bought 200,000 shares of the company's stock in a transaction on Wednesday, July 13th. The shares were bought at an average cost of $72.25 per share, for a total transaction of $14,450,000.00. Following the acquisition, the director now directly owns 272,450 shares in the company, valued at $19,684,512.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other MSC Industrial Direct news, Director Mitchell Jacobson bought 200,000 shares of the company's stock in a transaction on Wednesday, July 13th. The shares were bought at an average cost of $72.25 per share, for a total transaction of $14,450,000.00. Following the acquisition, the director now directly owns 272,450 shares in the company, valued at $19,684,512.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Elizabeth Bledsoe sold 4,701 shares of the stock in a transaction dated Friday, July 1st. The stock was sold at an average price of $74.53, for a total transaction of $350,365.53. Following the transaction, the senior vice president now owns 1,816 shares in the company, valued at $135,346.48. The disclosure for this sale can be found here. Insiders have sold a total of 29,002 shares of company stock worth $2,367,843 in the last three months. Corporate insiders own 28.28% of the company's stock.

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MSM Stock News Headlines

MSC INDUSTRIAL SUPPLY CO. ACQUIRES TOWER FASTENERS
MSC Industrial Direct Q3 2022 Earnings Preview
MSM Breaks Above 4% Yield Territory
MSC INDUSTRIAL SUPPLY CO. ACQUIRES ENGMAN-TAYLOR
See More Headlines
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MSM Company Calendar

Last Earnings
6/29/2022
Ex-Dividend for 7/26 Dividend
7/11/2022
Dividend Payable
7/26/2022
Today
8/14/2022
Fiscal Year End
8/31/2022
Next Earnings (Estimated)
10/19/2022

Industry, Sector and Symbol

Industry
Industrial machinery & equipment
Sub-Industry
Trading Companies & Distributors
CUSIP
55353010
Employees
6,571
Year Founded
1941

Price Target and Rating

Average Stock Price Forecast
$98.25
High Stock Price Forecast
$100.00
Low Stock Price Forecast
$93.00
Forecasted Upside/Downside
+14.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$216.91 million
Pretax Margin
11.43%

Debt

Sales & Book Value

Annual Sales
$3.24 billion
Cash Flow
$6.11 per share
Book Value
$20.94 per share

Miscellaneous

Free Float
40,152,000
Market Cap
$4.79 billion
Optionable
Optionable
Beta
1.04

Social Links















MSM Stock - Frequently Asked Questions

Should I buy or sell MSC Industrial Direct stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MSC Industrial Direct in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MSM shares.
View MSM analyst ratings
or view top-rated stocks.

What is MSC Industrial Direct's stock price forecast for 2022?

3 Wall Street research analysts have issued 1-year price objectives for MSC Industrial Direct's shares. Their MSM share price forecasts range from $93.00 to $100.00. On average, they predict the company's stock price to reach $98.25 in the next twelve months. This suggests a possible upside of 14.7% from the stock's current price.
View analysts price targets for MSM
or view top-rated stocks among Wall Street analysts.

How have MSM shares performed in 2022?

MSC Industrial Direct's stock was trading at $84.06 at the start of the year. Since then, MSM stock has increased by 1.9% and is now trading at $85.64.
View the best growth stocks for 2022 here
.

Are investors shorting MSC Industrial Direct?

MSC Industrial Direct saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,360,000 shares, an increase of 20.4% from the June 30th total of 1,130,000 shares. Based on an average trading volume of 416,500 shares, the short-interest ratio is currently 3.3 days. Approximately 3.0% of the company's shares are sold short.
View MSC Industrial Direct's Short Interest
.

When is MSC Industrial Direct's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 19th 2022.
View our MSM earnings forecast
.

How were MSC Industrial Direct's earnings last quarter?

MSC Industrial Direct Co., Inc. (NYSE:MSM) announced its quarterly earnings data on Wednesday, June, 29th. The industrial products company reported $1.82 EPS for the quarter, beating the consensus estimate of $1.75 by $0.07. The industrial products company had revenue of $958.60 million for the quarter, compared to analysts' expectations of $962.54 million. MSC Industrial Direct had a net margin of 8.62% and a trailing twelve-month return on equity of 25.72%. The firm's revenue was up 10.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.42 earnings per share.

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 Tuesday, June 21st. Stockholders of record on Tuesday, July 12th will be given a dividend of $0.75 per share on Tuesday, July 26th. This represents a $3.00 annualized dividend and a yield of 3.50%. The ex-dividend date is Monday, July 11th.
Read our dividend analysis for MSM
.

Is MSC Industrial Direct a good dividend stock?

MSC Industrial Direct (NYSE:MSM) pays an annual dividend of $3.00 per share and currently has a dividend yield of 3.57%. The dividend payout ratio is 55.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MSM will have a dividend payout ratio of 47.47% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MSM.

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

274 employees have rated MSC Industrial Direct Chief Executive Officer Erik Gershwind on Glassdoor.com. Erik Gershwind has an approval rating of 70% among the company's employees.

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 many different institutional and retail investors. Top institutional shareholders include Yacktman Asset Management LP (2.22%), Paradice Investment Management LLC (1.10%), Clearbridge Investments LLC (1.08%), Pzena Investment Management LLC (0.82%), Northern Trust Corp (0.66%) and Sprucegrove Investment Management Ltd. (0.63%). Insiders that own company stock include Charles Bonomo, Douglas E Jones, Douglas E Jones, Edward F Martin, Jr, Elizabeth Bledsoe, Gregory Polli, Kari D Heerdt, Louise K Goeser, Mitchell Jacobson, Philip Peller, Rustom Jilla, Steve Armstrong and Steven N Baruch.
View institutional ownership trends
.

How do I buy shares of MSC Industrial Direct?

Shares of MSM stock 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.
Compare Top Brokerages Here.

What is MSC Industrial Direct's stock price today?

One share of MSM stock can currently be purchased for approximately $85.64.

How much money does MSC Industrial Direct make?

MSC Industrial Direct (NYSE:MSM) has a market capitalization of $4.79 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 $5.39 on an earnings per share basis.

How many employees does MSC Industrial Direct have?

The company employs 6,571 workers across the globe.

Does MSC Industrial Direct have any subsidiaries?

The following companies are subsidiares of MSC Industrial Direct: AIS All-Integrated-Solutions de Mexico S. de R.L. de C.V, AIS Mexico LLC, All Integrated Solutions Inc, All Integrated Solutions Inc., American Specialty Grinding Co. Inc., Anderson Industrial Supply Inc, Barnes Group Inc, Brooks Precision Supply Inc, Cut-Rite Tool Corp, D.T.C. Tool Corp, Discount Tool and Supply Company, Dolin Supply Inc, Enco Manufacturing Inc, J&L America Inc., J&L Industrial Supply, Kaja Productions Inc, 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 ULC, MSC IndustrialSupply S.de.R.L. de C.V, MSC Services Corp., Mission Real Estate Acquisition Company, Primeline International Inc, Sid Tool Co. Inc., Swiss Precision Instruments Inc, Wm. F. Hurst Co. LLC, and Wm. F. Hurst Co. LLC.
Read More

When was MSC Industrial Direct founded?

MSC Industrial Direct was founded in 1941.

How can I contact MSC Industrial Direct?

MSC Industrial Direct's mailing address is 75 MAXESS ROAD, MELVILLE NY, 11747. The official website for the company is www.mscdirect.com. The industrial products company can be reached via phone at (516) 812-2000, via email at cust_service@mscdirect.com, or via fax at 516-349-7096.

This page (NYSE:MSM) was last updated on 8/14/2022 by MarketBeat.com Staff

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