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. It offers approximately 1,645,000 stock-keeping units through its catalogs; brochures; e-commerce channels, including its Website, mscdirect.com; inventory management solutions; and call-centers and branches. The company serves through its distribution network of 100 branch offices and 12 customer fulfillment centers. It serves individual machine shops, Fortune 100 manufacturing companies, and government agencies. The company was founded in 1941 and is headquartered in Melville, New York.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Industrial machinery & equipment
Sub-IndustryTrading Companies & Distributors
SectorIndustrial Products
Current SymbolNYSE:MSM
Previous Symbol
CUSIP55353010
Phone516-812-2000
Debt
Debt-to-Equity Ratio0.22
Current Ratio2.34
Quick Ratio1.28
Price-To-Earnings
Trailing P/E Ratio15.80
Forward P/E Ratio13.58
P/E Growth0.93
Sales & Book Value
Annual Sales$3.20 billion
Price / Sales1.39
Cash Flow$6.1207 per share
Price / Cash Flow13.09
Book Value$24.82 per share
Price / Book3.23
Profitability
EPS (Most Recent Fiscal Year)$5.08
Net Income$329.22 million
Net Margins10.28%
Return on Equity21.36%
Return on Assets13.06%
Miscellaneous
Employees6,657
Outstanding Shares55,780,000
Market Cap$4.59 billion
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 declared a quarterly dividend on Thursday, October 18th. Stockholders of record on Tuesday, November 13th will be given a dividend of $0.63 per share on Tuesday, November 27th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date is Friday, November 9th. This is a positive change from MSC Industrial Direct's previous quarterly dividend of $0.58. View MSC Industrial Direct's Dividend History.
How will MSC Industrial Direct's stock buyback program work?
MSC Industrial Direct declared that its board has initiated a share repurchase plan on Thursday, January 11th 2018, which allows the company to buyback 2,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its stock is undervalued.
How were MSC Industrial Direct's earnings last quarter?
MSC Industrial Direct Co Inc (NYSE:MSM) announced its quarterly earnings data on Tuesday, October, 30th. The industrial products company reported $1.32 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.29 by $0.03. The industrial products company had revenue of $838 million for the quarter, compared to the consensus estimate of $838.88 million. MSC Industrial Direct had a net margin of 10.28% and a return on equity of 21.36%. The firm's revenue was up 11.2% on a year-over-year basis. During the same period 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 Wednesday, January 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8774435575.
What guidance has MSC Industrial Direct issued on next quarter's earnings?
MSC Industrial Direct issued an update on its first quarter earnings guidance on Tuesday, October, 30th. The company provided EPS guidance of $1.28-1.34 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.38. The company issued revenue guidance of $821-837 million, compared to the consensus revenue estimate of $831.60 million.MSC Industrial Direct also updated its Q1 2019 guidance to $1.28-1.34 EPS.
What price target have analysts set for MSM?
15 analysts have issued 1-year price objectives for MSC Industrial Direct's shares. Their forecasts range from $87.00 to $116.00. On average, they expect MSC Industrial Direct's share price to reach $100.2308 in the next year. This suggests a possible upside of 26.0% from the stock's current price. View Analyst Price Targets for MSC Industrial Direct.
What is the consensus analysts' recommendation for MSC Industrial Direct?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MSC Industrial Direct in the last year. There are currently 8 hold ratings and 7 buy ratings 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 articles about MSM stock have been trending very positive this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. MSC Industrial Direct earned a news sentiment score of 3.9 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.
Who are some of MSC Industrial Direct's key competitors?
Some companies that are related to MSC Industrial Direct include Cintas (CTAS), SANDVIK AB/ADR (SDVKY), Ball (BLL), W W Grainger (GWW), Ferguson (FERGY), Tenaris (TS), TORAY INDUSTRIE/ADR (TRYIY), Xylem (XYL), BRAMBLES Ltd/S (BXBLY), Dover (DOV), Amcor Limited ADS (AMCRY), IDEX (IEX), ASHTEAD GRP PLC/ADR (ASHTY), Norsk Hydro ASA (NHYDY) and Zebra Technologies (ZBRA).
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 47)
- Mr. Rustom F. Jilla BCom, CA(Sri Lanka), CMA(UK), MBA, Exec. VP & CFO (Age 57)
- Mr. Steve Armstrong, Sr. VP, Gen. Counsel & Corp. Sec. (Age 60)
- Ms. Kari Heerdt, Sr. VP & Chief People Officer (Age 50)
- Mr. Douglas E. Jones, Exec. VP & Chief Supply Chain Officer (Age 54)
Who are MSC Industrial Direct's major shareholders?
MSC Industrial Direct's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.14%), BlackRock Inc. (7.15%), American Century Companies Inc. (5.26%), JPMorgan Chase & Co. (4.78%), New South Capital Management Inc. (3.40%) and Ashler Capital LLC (2.30%). 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, Philip Peller, Rustom Jilla, Steve Armstrong and Steven N Baruch. View Institutional Ownership Trends for MSC Industrial Direct.
Which institutional investors are selling MSC Industrial Direct stock?
MSM stock was sold by a variety of institutional investors in the last quarter, including Ashler Capital LLC, Schroder Investment Management Group, Chicago Capital LLC, New South Capital Management Inc., Morgan Stanley, Prudential Financial Inc., GWM Advisors LLC and DekaBank Deutsche Girozentrale. Company insiders that have sold MSC Industrial Direct company stock in the last year include Charles Bonomo, Christopher Davanzo, David Wright, Denis F Kelly, Douglas E Jones, Erik Gershwind, Gregory Polli, Kari D Heerdt, Mitchell Jacobson, Rustom Jilla and Steve Armstrong. View Insider Buying and Selling for MSC Industrial Direct.
Which institutional investors are buying MSC Industrial Direct stock?
MSM stock was bought by a variety of institutional investors in the last quarter, including American Century Companies Inc., Paradice Investment Management LLC, First Trust Advisors LP, Deutsche Bank AG, Renaissance Technologies LLC, AQR Capital Management LLC, Victory Capital Management Inc. and Massachusetts Financial Services Co. MA. View Insider Buying and Selling for MSC Industrial Direct.
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, Scottrade, Fidelity and Charles Schwab.
What is MSC Industrial Direct's stock price today?
One share of MSM stock can currently be purchased for approximately $79.52.
How big of a company is MSC Industrial Direct?
MSC Industrial Direct has a market capitalization of $4.59 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.
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.
