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
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 Date4/9/2019 (Estimated)
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 Tuesday, December 18th. Stockholders of record on Tuesday, January 8th will be paid a dividend of $0.63 per share on Tuesday, January 22nd. This represents a $2.52 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date is Monday, January 7th. View MSC Industrial Direct's Dividend History.
How will MSC Industrial Direct's stock buyback program work?
MSC Industrial Direct announced that its Board of Directors has authorized a stock repurchase plan on Thursday, January 11th 2018, which permits the company to buyback 2,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its shares are undervalued.
How were MSC Industrial Direct's earnings last quarter?
MSC Industrial Direct Co Inc (NYSE:MSM) posted its earnings results on Wednesday, January, 9th. The industrial products company reported $1.33 EPS for the quarter, beating the Zacks' consensus estimate of $1.32 by $0.01. The industrial products company had revenue of $831.60 million for the quarter, compared to analyst estimates of $830.60 million. MSC Industrial Direct had a net margin of 10.53% and a return on equity of 21.97%. MSC Industrial Direct's quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.05 earnings per share. View MSC Industrial Direct's Earnings History.
When is MSC Industrial Direct's next earnings date?
What guidance has MSC Industrial Direct issued on next quarter's earnings?
MSC Industrial Direct issued an update on its second quarter earnings guidance on Wednesday, January, 9th. The company provided earnings per share guidance of $1.22-1.28 for the period, compared to the Thomson Reuters consensus estimate of $1.36. The company issued revenue guidance of $817-833 million, compared to the consensus revenue estimate of $835.25 million.MSC Industrial Direct also updated its Q2 2019 guidance to $1.22-1.28 EPS.
What price target have analysts set for MSM?
11 brokerages have issued twelve-month target prices for MSC Industrial Direct's shares. Their predictions range from $83.00 to $107.00. On average, they anticipate MSC Industrial Direct's stock price to reach $95.40 in the next twelve months. This suggests a possible upside of 11.9% 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 7 hold ratings and 4 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?
Media headlines about MSM stock have been trending neutral this week, InfoTrie reports. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. MSC Industrial Direct earned a coverage optimism score of 0.5 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term.
Who are some of MSC Industrial Direct's key competitors?
Some companies that are related to MSC Industrial Direct include Ball (BLL), Kubota (KUBTY), W W Grainger (GWW), Tenaris (TS), Ferguson (FERGY), Cimic Group (CIM), Xylem (XYL), Dover (DOV), BRAMBLES LTD/S (BXBLY), ASHTEAD GRP PLC/ADR (ASHTY), Amcor Limited ADS (AMCRY), TORAY INDUSTRIE/ADR (TRYIY), IDEX (IEX), Zebra Technologies (ZBRA) and Packaging Corp Of America (PKG).
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 a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.43%), New South Capital Management Inc. (3.24%), Poplar Forest Capital LLC (1.48%), Bank of New York Mellon Corp (1.47%), Raymond James & Associates (1.37%) and River Road Asset Management LLC (1.12%). 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 major investors are selling MSC Industrial Direct stock?
MSM stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Massachusetts Financial Services Co. MA, Canada Pension Plan Investment Board, First Trust Advisors LP, New South Capital Management Inc., Gotham Asset Management LLC, Mountain Pacific Investment Advisers Inc. ID and D. E. Shaw & Co. 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, Erik Gershwind, Gregory Polli, Kari D Heerdt, Mitchell Jacobson, Rustom Jilla and Steve Armstrong. View Insider Buying and Selling for MSC Industrial Direct.
Which major investors are buying MSC Industrial Direct stock?
MSM stock was acquired by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, Raymond James & Associates, Poplar Forest Capital LLC, BlackRock Inc., APG Asset Management N.V., Squarepoint Ops LLC, Millennium Management LLC and WINTON GROUP Ltd. 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 $85.29.
How big of a company is MSC Industrial Direct?
MSC Industrial Direct has a market capitalization of $4.76 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.
