NYSE:MSM - MSC Industrial Direct Stock Price, Price Target & More

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

MSC Industrial Direct announced a quarterly dividend on Thursday, April 5th. Stockholders of record on Tuesday, April 17th will be given a dividend of $0.58 per share on Tuesday, May 1st. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date of this dividend is Monday, April 16th. View MSC Industrial Direct's Dividend History.

MSC Industrial Direct announced that its Board of Directors has initiated a share buyback plan on Thursday, January 11th 2018, which allows the company to repurchase 2,000,000 shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board of directors believes its shares are undervalued.

MSC Industrial Direct Co Inc (NYSE:MSM) posted its earnings results on Tuesday, April, 10th. The industrial products company reported $1.34 EPS for the quarter, beating the consensus estimate of $1.32 by $0.02. The industrial products company had revenue of $769 million for the quarter, compared to analyst estimates of $773.42 million. MSC Industrial Direct had a net margin of 9.91% and a return on equity of 20.53%. The business's revenue was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.33 EPS. View MSC Industrial Direct's Earnings History.

MSC Industrial Direct is scheduled to release their next quarterly earnings announcement on Wednesday, July, 11th 2018. View Earnings Estimates for MSC Industrial Direct.

MSC Industrial Direct issued an update on its third quarter earnings guidance on Tuesday, April, 10th. The company provided earnings per share (EPS) guidance of $1.37-1.43 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.41. The company issued revenue guidance of $820-835 million, compared to the consensus revenue estimate of $828.27 million.

15 equities research analysts have issued 1 year price objectives for MSC Industrial Direct's stock. Their forecasts range from $76.00 to $116.00. On average, they anticipate MSC Industrial Direct's stock price to reach $100.50 in the next year. View Analyst Ratings for MSC Industrial Direct.

Some companies that are related to MSC Industrial Direct include Atlantia (ATL), Tenaris (TS), Kubota (KUBTY), Cintas (CTAS), Ferguson (FERGY), BAE Systems (BA), W W Grainger (GWW), Rolls-Royce (RR), ASHTEAD Grp PLC/ADR (ASHTY), Cimic Group (CIM), Norsk Hydro ASA (NHYDY), TORAY INDUSTRIE/ADR (TRYIY), Xylem (XYL), Ball (BLL) and Amcor Limited ADS common stock (AMCRY).

Media coverage about MSM stock has trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. MSC Industrial Direct earned a coverage optimism score of 0.17 on Accern's scale. They also assigned news articles about the industrial products company an impact score of 43.87 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

MSC Industrial Direct's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.85%), JPMorgan Chase & Co. (4.76%), New South Capital Management Inc. (4.02%), American Century Companies Inc. (3.71%), Schroder Investment Management Group (1.62%) and Poplar Forest Capital LLC (1.04%). 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.

MSM stock was sold by a variety of institutional investors in the last quarter, including New South Capital Management Inc., Fisher Asset Management LLC, Schroder Investment Management Group, Blair William & Co. IL, Citigroup Inc., Monarch Partners Asset Management LLC, Fiduciary Management Inc. WI and Massachusetts Financial Services Co. MA. Company insiders that have sold MSC Industrial Direct company stock in the last year include Charles Bonomo, Christopher Davanzo, Denis F Kelly, Douglas E Jones, Erik Gershwind, Kari D Heerdt, Mitchell Jacobson, Rustom Jilla, Steve Armstrong and Steven N Baruch. View Insider Buying and Selling for MSC Industrial Direct.

MSM stock was purchased by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Prudential Financial Inc., American Century Companies Inc., BlackRock Inc., Old Mutual Global Investors UK Ltd., WBI Investments Inc., Schwab Charles Investment Management Inc. and DekaBank Deutsche Girozentrale. View Insider Buying and Selling for 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.

One share of MSM stock can currently be purchased for approximately $93.21.

MSC Industrial Direct has a market capitalization of $5.28 billion and generates $2.89 billion in revenue each year. The industrial products company earns $231.43 million in net income (profit) each year or $4.05 on an earnings per share basis. MSC Industrial Direct employs 6,563 workers across the globe.

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]