MSC Industrial Direct Co, Inc, together with its subsidiaries, distributes metalworking and maintenance, repair, and operations (MRO) products in the United States, Canada, and the United Kingdom. The company's MRO products comprise 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.
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Industry, Sector and Symbol
Industry Industrial machinery & equipment
Sub-IndustryTrading Companies & Distributors
SectorIndustrial Products
Phone516-812-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.20 billion
Profitability
Miscellaneous
Employees6,657
Next Earnings Date10/24/2019 (Confirmed)
OptionableOptionable
MSC Industrial Direct (NYSE:MSM) Frequently Asked Questions
What is MSC Industrial Direct's stock symbol?
MSC Industrial Direct trades on the New York Stock Exchange (NYSE) under the ticker symbol "MSM."
How often does MSC Industrial Direct pay dividends? What is the dividend yield for MSC Industrial Direct?
MSC Industrial Direct announced a quarterly dividend on Wednesday, July 10th. Investors of record on Tuesday, July 23rd will be given a dividend of $0.75 per share on Tuesday, August 6th. This represents a $3.00 annualized dividend and a dividend yield of 4.16%. The ex-dividend date of this dividend is Monday, July 22nd. This is an increase from MSC Industrial Direct's previous quarterly dividend of $0.63. View MSC Industrial Direct's Dividend History.
How will MSC Industrial Direct's stock buyback program work?
MSC Industrial Direct announced that its board has authorized a stock repurchase plan on Thursday, January 11th 2018, which allows the company to buyback 2,000,000 shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.
How were MSC Industrial Direct's earnings last quarter?
MSC Industrial Direct Co Inc (NYSE:MSM) released its quarterly earnings data on Tuesday, October, 30th. The industrial products company reported $1.32 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.03. The industrial products company earned $838 million during the quarter, compared to analysts' expectations of $838.88 million. MSC Industrial Direct had a return on equity of 21.08% and a net margin of 8.79%. The firm's quarterly revenue was up 11.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.07 EPS. View MSC Industrial Direct's Earnings History.
When is MSC Industrial Direct's next earnings date?
How can I listen to MSC Industrial Direct's earnings call?
MSC Industrial Direct will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for MSM?
11 brokerages have issued 1 year target prices for MSC Industrial Direct's shares. Their predictions range from $65.00 to $92.00. On average, they expect MSC Industrial Direct's stock price to reach $78.30 in the next year. This suggests a possible upside of 8.5% from the stock's current price. View Analyst Price Targets for MSC Industrial Direct.
What is the consensus analysts' recommendation for MSC Industrial Direct?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MSC Industrial Direct in the last year. There are currently 10 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MSC Industrial Direct.
Has MSC Industrial Direct been receiving favorable news coverage?
News coverage about MSM stock has been trending negative recently, InfoTrie reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. MSC Industrial Direct earned a daily sentiment score of -2.6 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for MSC Industrial Direct.
Are investors shorting MSC Industrial Direct?
MSC Industrial Direct saw a decline in short interest during the month of August. As of August 31st, there was short interest totalling 2,349,800 shares, a decline of 6.5% from the July 31st total of 2,512,400 shares. Based on an average daily trading volume, of 473,800 shares, the short-interest ratio is currently 5.0 days. Approximately 5.3% of the shares of the stock are short sold. View MSC Industrial Direct's Current Options Chain.
Who are some of MSC Industrial Direct's key competitors?
Some companies that are related to MSC Industrial Direct include Amcor (AMCR), Rolls-Royce (RR), Dover (DOV), Xylem (XYL), ASHTEAD GRP PLC/ADR (ASHTY), Mitsubishi Heavy Industries (MHVYF), TORAY INDUSTRIE/ADR (TRYIY), Tenaris (TS), BRAMBLES LTD/S (BXBLY), IDEX (IEX), James Hardie Industries (JHX), Cimic Group (CIM), Zebra Technologies (ZBRA), Packaging Corp Of America (PKG) and Melrose Industries (MRO).
What other stocks do shareholders of MSC Industrial Direct own?
Who are MSC Industrial Direct's key executives?
MSC Industrial Direct's management team includes the folowing people:
- Mr. Erik David Gershwind, Pres, CEO & Director (Age 48)
- Mr. Rustom F. Jilla BCom, CA(Sri Lanka), CMA(UK), MBA, Exec. VP & CFO (Age 58)
- Mr. Steve Armstrong, Sr. VP, Gen. Counsel & Corp. Sec. (Age 61)
- Mr. Steven N. Baruch, Exec. VP and Chief Strategy & Marketing Officer (Age 51)
- Mr. Douglas E. Jones, Exec. VP & Chief Supply Chain Officer (Age 55)
Who are MSC Industrial Direct's major shareholders?
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%), Pacer Advisors Inc. (0.03%), State of Alaska Department of Revenue (0.01%), First Hawaiian Bank (0.01%) and Cerebellum GP LLC (0.00%). 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.
Which major investors are selling MSC Industrial Direct stock?
MSM stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, First Hawaiian Bank and Pacer Advisors Inc.. Company insiders that have sold MSC Industrial Direct company stock in the last year include Charles Bonomo, David Wright, 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.
Which major investors are buying MSC Industrial Direct stock?
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is MSC Industrial Direct's stock price today?
One share of MSM stock can currently be purchased for approximately $72.15.
How big of a company is MSC Industrial Direct?
MSC Industrial Direct has a market capitalization of $3.98 billion and generates $3.20 billion in revenue each year. The industrial products company earns $329.22 million in net income (profit) each year or $5.08 on an earnings per share basis. MSC Industrial Direct employs 6,657 workers across the globe.View Additional Information About MSC Industrial Direct.
What is MSC Industrial Direct's official website?
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 or via email at [email protected]
MarketBeat Community Rating for MSC Industrial Direct (NYSE MSM)
MarketBeat's community ratings are surveys of what our community members think about MSC Industrial Direct and other stocks. Vote "Outperform" if you believe MSM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MSM will underperform the S&P 500 over the long term. You may vote once every thirty days.
