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 declared a quarterly dividend on Tuesday, June 19th. Stockholders of record on Tuesday, July 10th will be paid a dividend of $0.58 per share on Tuesday, July 24th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date of this dividend is Monday, July 9th. View MSC Industrial Direct's Dividend History.

MSC Industrial Direct announced that its Board of Directors has approved a share buyback program on Thursday, January 11th 2018, which authorizes the company to repurchase 2,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its shares are undervalued.

MSC Industrial Direct Co Inc (NYSE:MSM) released its quarterly earnings results on Wednesday, July, 11th. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.39. The industrial products company earned $828.30 million during the quarter, compared to the consensus estimate of $834.43 million. MSC Industrial Direct had a net margin of 10.16% and a return on equity of 21.08%. The firm's quarterly revenue was up 11.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.09 EPS. View MSC Industrial Direct's Earnings History.

MSC Industrial Direct updated its fourth quarter earnings guidance on Wednesday, July, 11th. The company provided earnings per share guidance of $1.26-1.32 for the period, compared to the Thomson Reuters consensus estimate of $1.36. The company issued revenue guidance of $829-844 million, compared to the consensus revenue estimate of $846.22 million.

15 Wall Street analysts have issued twelve-month target prices for MSC Industrial Direct's stock. Their predictions range from $76.00 to $116.00. On average, they expect MSC Industrial Direct's stock price to reach $99.2308 in the next year. This suggests a possible upside of 19.6% from the stock's current price. View Analyst Ratings 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 9 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to MSC Industrial Direct include BAE Systems (BA), Rolls-Royce (RR), ASHTEAD Grp PLC/ADR (ASHTY), Cimic Group (CIM), Ball (BLL), TORAY INDUSTRIE/ADR (TRYIY), Amcor Limited ADS common stock (AMCRY), Xylem (XYL), Dover (DOV), Norsk Hydro ASA (NHYDY), BRAMBLES Ltd/S (BXBLY), Packaging Corp Of America (PKG), IDEX (IEX), A. O. Smith (AOS) and James Hardie Industries (JHX).

News articles about MSM stock have trended somewhat positive this week, Accern Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. MSC Industrial Direct earned a coverage optimism score of 0.19 on Accern's scale. They also gave news articles about the industrial products company an impact score of 45.16 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

MSC Industrial Direct's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.78%), Chicago Capital LLC (0.33%), GWM Advisors LLC (0.15%), Retirement Systems of Alabama (0.11%), Leith Wheeler Investment Counsel Ltd. (0.06%) and Clinton Group Inc. (0.03%). 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 Confluence Investment Management LLC, Nisa Investment Advisors LLC, Municipal Employees Retirement System of Michigan, Bank of Montreal Can and Campbell & CO Investment Adviser LLC. 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 acquired by a variety of institutional investors in the last quarter, including GWM Advisors LLC, Chicago Capital LLC, Clinton Group Inc., Highland Capital Management LLC, Leith Wheeler Investment Counsel Ltd., Oakbrook Investments LLC, CHICAGO TRUST Co NA and State of Alaska Department of Revenue. 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 $82.95.

MSC Industrial Direct has a market capitalization of $4.69 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]