NYSE:MSM

MSC Industrial Direct Stock Forecast, Price & News

$83.79

+0.58 (+0.70 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$81.11

Now: $83.79▼

$83.79

50-Day Range

$81.68

MA: $84.52▼

$86.97

52-Week Range

$44.93

Now: $83.79▼

$87.84

Volume389,798 shs

Average Volume542,100 shs

Market Capitalization$4.66 billion

P/E Ratio20.79

Dividend Yield3.58%

Beta0.99

MSC Industrial Direct Co., Inc., together with its subsidiaries, distributes metalworking and maintenance, repair, and operations (MRO) products in the United States, Canada, Mexico, and the United Kingdom. Its MRO products include 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. The company offers approximately 1.9 million stock-keeping units through its catalogs and brochures; e-commerce channels, including its Website, mscdirect.com; inventory management solutions; and call-centers and branches. It operates through distribution network of 98 branch offices and 12 customer fulfilment centres. The company serves individual machine shops, Fortune 1000 manufacturing companies, and government agencies, as well as manufacturers of various sizes. MSC Industrial Direct Co., Inc. was founded in 1941 and is headquartered in Melville, New York.

MarketRank^™

Overall MarketRank^™

1.92 out of 5 stars

Industrial Products Sector

52nd out of 56 stocks

Industrial Machinery & Equipment Industry

1st out of 1 stocks

1.1 Analyst's Opinion

Consensus Rating
MSC Industrial Direct has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $80.57, MSC Industrial Direct has a forecasted downside of 3.8% from its current price of $83.79.
Amount of Analyst Coverage
MSC Industrial Direct has only been the subject of 4 research reports in the past 90 days.

1.8 Community Rank

Outperform Votes
MSC Industrial Direct has received 360 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
MSC Industrial Direct has received 631 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
MSC Industrial Direct has received 63.67% “underperform” votes from our community.

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.

2.5 Dividend Strength

Dividend Yield
MSC Industrial Direct pays a meaningful dividend of 3.58%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
MSC Industrial Direct has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of MSC Industrial Direct is 63.29%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
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.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MSC Industrial Direct insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 28.44% of the stock of MSC Industrial Direct is held by insiders.
Percentage Held by Institutions
72.20% of the stock of MSC Industrial Direct is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for MSC Industrial Direct are expected to grow by 8.60% in the coming year, from $4.65 to $5.05 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MSC Industrial Direct is 20.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.62.
Price to Earnings Ratio vs. Sector
The P/E ratio of MSC Industrial Direct is 20.79, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 39.26.
Price to Book Value per Share Ratio
MSC Industrial Direct has a P/B Ratio of 4.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Industrial machinery & equipment

Sub-IndustryTrading Companies & Distributors

SectorIndustrial Products

Current SymbolNYSE:MSM

Previous Symbol

CUSIP55353010

CIK1003078

Webwww.mscdirect.com

Phone516-812-2000

Employees6,315

Debt

Debt-to-Equity Ratio0.41

Current Ratio2.23

Quick Ratio1.22

Price-To-Earnings

Trailing P/E Ratio20.79

Forward P/E Ratio18.02

P/E GrowthN/A

Sales & Book Value

Annual Sales$3.19 billion

Price / Sales1.46

Cash Flow$6.05 per share

Price / Cash Flow13.86

Book Value$20.34 per share

Price / Book4.12

Profitability

EPS (Most Recent Fiscal Year)$4.74

Net Income$251.76 million

Net Margins7.14%

Return on Equity20.42%

Return on Assets10.49%

Miscellaneous

Outstanding Shares55,608,000

Market Cap$4.66 billion

Next Earnings Date4/14/2021 (Estimated)

OptionableOptionable

$83.79

+0.58 (+0.70 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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MSC Industrial Direct (NYSE:MSM) Frequently Asked Questions

How has MSC Industrial Direct's stock been impacted by COVID-19?

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 (WHO). Since then, MSM shares have increased by 57.0% and is now trading at $83.79.
View which stocks have been most impacted by COVID-19.

Is MSC Industrial Direct a buy right now?

8 Wall Street 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 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.
View analyst ratings for MSC Industrial Direct or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than MSC Industrial Direct?

Wall Street analysts have given MSC Industrial Direct a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but MSC Industrial Direct wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is MSC Industrial Direct's next earnings date?

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.

How were MSC Industrial Direct's earnings last quarter?

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

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

Is MSC Industrial Direct a good dividend stock?

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.

What price target have analysts set for MSM?

8 equities research analysts have issued 1-year price targets for MSC Industrial Direct's shares. Their forecasts range from $70.00 to $96.00. On average, they anticipate MSC Industrial Direct's stock 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.

Are investors shorting MSC Industrial Direct?

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

Who are some of MSC Industrial Direct's key competitors?

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.

What other stocks do shareholders of MSC Industrial Direct own?

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).

Who are MSC Industrial Direct's key executives?

MSC Industrial Direct's management team includes the following people:

Mr. Erik David Gershwind, Pres, CEO & Director (Age 50, Pay $1.09M)
Mr. Steve Armstrong, Sr. VP, Gen. Counsel & Corp. Sec. (Age 63, Pay $471.63k)
Mr. Edward F. Martin, Sr. VP of Sales & Customer Success (Age 51, Pay $523.11k)
Mr. Douglas E. Jones, Exec. VP & Chief Supply Chain Officer (Age 57, Pay $526.19k)
Ms. Kristen Actis-Grande, Exec. VP & CFO (Age 40)
Mr. Charles Bonomo, Sr. VP & Chief Information Officer (Age 56)
Mr. John G. Chironna, VP of Investor Relations & Treasurer
Mr. Paul Mason, Director of Corp. Communications
Mr. Steven N. Baruch, Exec. VP and Chief Strategy & Marketing Officer (Age 53)
Ms. Beth Bledsoe, Sr. VP & Chief People Officer (Age 49)

What is MSC Industrial Direct's stock symbol?

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

Who are MSC Industrial Direct's major shareholders?

MSC Industrial Direct's stock is owned by a variety of 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.

Which institutional investors are selling MSC Industrial Direct stock?

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.
View insider buying and selling activity for MSC Industrial Direct or view top insider-selling stocks.

Which institutional investors are buying MSC Industrial Direct stock?

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..
View insider buying and selling activity for MSC Industrial Direct or or view top insider-buying stocks.

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 WeBull, 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 $83.79.

How big of a company is MSC Industrial Direct?

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.

What is MSC Industrial Direct's official website?

The official website for MSC Industrial Direct is www.mscdirect.com.

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]

This page was last updated on 1/18/2021 by MarketBeat.com Staff

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