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

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 stock has increased by 1.8% and is now trading at $54.30. View which stocks have been mosted impacted by Coronavirus.

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, 7 hold ratings and 1 buy rating 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, April 8th 2020. View our earnings forecast for MSC Industrial Direct.

MSC Industrial Direct will be holding an earnings conference call on Wednesday, April 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) issued its quarterly earnings data on Wednesday, January, 8th. The industrial products company reported $1.21 earnings per share for the quarter, beating 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 firm's revenue for the quarter was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.33 EPS. View MSC Industrial Direct's earnings history.

MSC Industrial Direct declared a quarterly dividend on Wednesday, December 18th. Shareholders 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 dividend on an annualized basis and a dividend yield of 5.52%. The ex-dividend date is Tuesday, January 21st. View MSC Industrial Direct's dividend history.

MSC Industrial Direct issued an update on 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 estimate of $1.13. The company issued revenue guidance of $781-798 million, compared to the consensus revenue estimate of $812.79 million.

10 brokerages have issued 12 month price targets for MSC Industrial Direct's stock. Their forecasts range from $60.00 to $86.00. On average, they anticipate MSC Industrial Direct's share price to reach $73.45 in the next year. This suggests a possible upside of 35.3% from the stock's current price. View analysts' price targets for MSC Industrial Direct.

News stories about MSM stock have trended very positive on Tuesday, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. MSC Industrial Direct earned a media sentiment score of 3.2 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutMSC Industrial Direct.

MSC Industrial Direct saw a drop in short interest in the month of March. As of March 13th, there was short interest totaling 1,219,300 shares, a drop of 25.2% from the February 27th total of 1,630,000 shares. Based on an average daily trading volume, of 629,400 shares, the days-to-cover ratio is presently 1.9 days. Approximately 2.8% of the shares of the company 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), Aircastle (AYR), GATX (GATX), Applied Industrial Technologies (AIT), Rush Enterprises (RUSHA), Beacon Roofing Supply (BECN), Kaman (KAMN), WESCO International (WCC), H&E Equipment Services (HEES), Textainer Group (TGH) and MRC Global (MRC).

Based on aggregate information from My MarketBeat watchlists, some companies that other MSC Industrial Direct investors own include IBM (IBM), Pfizer (PFE), Exxon Mobil (XOM), Cisco Systems (CSCO), AT&T (T), 3M (MMM), AbbVie (ABBV), Bank of America (BAC), Walt Disney (DIS) and Southern (SO).

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 $54.30.

MSC Industrial Direct has a market capitalization of $3.01 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 [email protected]