MSC Industrial Direct Stock Forecast, Price & News

MSC Industrial Direct's stock was trading at $53.36 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MSM stock has increased by 57.0% and is now trading at $83.79.
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8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MSC Industrial Direct in the last twelve months. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MSC Industrial Direct stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MSM, but not buy additional shares or sell existing shares.
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MSC Industrial Direct is scheduled to release its next quarterly earnings announcement on Wednesday, April 14th 2021.
View our earnings forecast for MSC Industrial Direct.

MSC Industrial Direct Co., Inc. (NYSE:MSM) released its quarterly earnings results on Tuesday, January, 5th. The industrial products company reported $1.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.08 by $0.02. The industrial products company earned $771.90 million during the quarter, compared to analyst estimates of $771.54 million. MSC Industrial Direct had a return on equity of 20.42% and a net margin of 7.14%. The business's quarterly revenue was down 6.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.21 earnings per share.
View MSC Industrial Direct's earnings history.

MSC Industrial Direct declared a quarterly dividend on Wednesday, December 16th. Stockholders of record on Tuesday, January 12th will be given a dividend of $0.75 per share on Tuesday, January 26th. This represents a $3.00 dividend on an annualized basis and a yield of 3.58%. The ex-dividend date of this dividend is Monday, January 11th.
View MSC Industrial Direct's dividend history.

MSC Industrial Direct pays an annual dividend of $3.00 per share and currently has a dividend yield of 3.58%. MSC Industrial Direct does not yet have a strock track record of dividend growth. The dividend payout ratio of MSC Industrial Direct is 63.29%. 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 59.41% next year. This indicates that MSC Industrial Direct will be able to sustain or increase its dividend.
View MSC Industrial Direct's dividend history.

8 brokerages have issued 1-year target prices for MSC Industrial Direct's shares. Their forecasts range from $70.00 to $96.00. On average, they anticipate MSC Industrial Direct's share price to reach $80.57 in the next year. This suggests that the stock has a possible downside of 3.8%.
View analysts' price targets for MSC Industrial Direct or view Wall Street analyst' top-rated stocks.

MSC Industrial Direct saw a decline in short interest in December. As of December 31st, there was short interest totaling 1,190,000 shares, a decline of 19.6% from the December 15th total of 1,480,000 shares. Based on an average daily trading volume, of 406,500 shares, the short-interest ratio is presently 2.9 days.
View MSC Industrial Direct's Short Interest.

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

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).

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

MSC Industrial Direct's stock is owned by many different institutional and retail investors. Top institutional investors include Martin Capital Partners LLC (0.11%), Sound Income Strategies LLC (0.02%), Bowling Portfolio Management LLC (0.02%), Rockland Trust Co. (0.02%), State of Alaska Department of Revenue (0.01%) and Raymond James Trust N.A. (0.00%). Company insiders that own MSC Industrial Direct stock include Charles Bonomo, Denis F Kelly, Douglas E Jones, Edward F Martin, Jr, Gregory Polli, 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 Brookstone Capital Management, Bowling Portfolio Management LLC, State of Alaska Department of Revenue, and Martin Capital Partners LLC. Company insiders that have sold MSC Industrial Direct company stock in the last year include Douglas E Jones, and Edward F Martin, Jr.
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MSM stock was acquired by a variety of institutional investors in the last quarter, including Raymond James Trust N.A., 6 Meridian, Sound Income Strategies LLC, and Rockland Trust Co..
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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.

One share of MSM stock can currently be purchased for approximately $83.79.

MSC Industrial Direct has a market capitalization of $4.66 billion and generates $3.19 billion in revenue each year. The industrial products company earns $251.76 million in net income (profit) each year or $4.74 on an earnings per share basis. MSC Industrial Direct employs 6,315 workers across the globe.

The official website for MSC Industrial Direct is 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]