MSC Industrial Direct Co., Inc., together with its subsidiaries, distributes various ranges of metalworking and maintenance, repair, and operations (MRO) products primarily 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, 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 1,565,000 stock-keeping units through its catalogs; brochures; eCommerce channels, including its Website, mscdirect.com; and call-centers and branches. The company serves primarily through its distribution network of 93 branch offices and 12 customer fulfillment centers. It serves individual machine shops, 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
SymbolNYSE:MSM
CUSIP55353010
Phone516-812-2000
Debt
Debt-to-Equity Ratio0.18
Current Ratio2.11
Quick Ratio1.14
Price-To-Earnings
Trailing P/E Ratio21.44
Forward P/E Ratio17.14
P/E Growth1.23
Sales & Book Value
Annual Sales$2.89 billion
Price / Sales1.71
Cash Flow$5.3561 per share
Price / Cash16.26
Book Value$21.73 per share
Price / Book4.01
Profitability
EPS (Most Recent Fiscal Year)$4.05
Net Income$231.43 million
Net Margins10.16%
Return on Equity21.08%
Return on Assets12.78%
Miscellaneous
Employees6,563
Outstanding Shares56,550,000
Market Cap$4.80 billion
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, June 19th. Shareholders of record on Tuesday, July 10th will be given a dividend of $0.58 per share on Tuesday, July 24th. This represents a $2.32 dividend on an annualized basis and a yield of 2.67%. The ex-dividend date is Monday, July 9th. 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 initiated a stock buyback program on Thursday, January 11th 2018, which allows the company to buyback 2,000,000 shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its shares are undervalued.
How were MSC Industrial Direct's earnings last quarter?
MSC Industrial Direct Co Inc (NYSE:MSM) issued its quarterly earnings data on Wednesday, July, 11th. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.39. The industrial products company had revenue of $828.30 million for the quarter, compared to analysts' expectations of $834.43 million. MSC Industrial Direct had a return on equity of 21.08% and a net margin of 10.16%. MSC Industrial Direct's revenue was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.09 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 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 earnings per share estimate of $1.36. The company issued revenue guidance of $829-844 million, compared to the consensus revenue estimate of $846.22 million.
What price target have analysts set for MSM?
14 equities research analysts have issued 12-month target prices for MSC Industrial Direct's stock. Their predictions range from $87.00 to $116.00. On average, they expect MSC Industrial Direct's stock price to reach $101.1667 in the next year. This suggests a possible upside of 16.3% from the stock's current price. View Analyst Price Targets for MSC Industrial Direct.
What is the consensus analysts' recommendation for MSC Industrial Direct?
14 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MSC Industrial Direct.
Who are some of MSC Industrial Direct's key competitors?
Some companies that are related to MSC Industrial Direct include Kubota (KUBTY), Ferguson (FERGY), BAE Systems (BA), Rolls-Royce (RR), ASHTEAD Grp PLC/ADR (ASHTY), Cimic Group (CIM), Ball (BLL), Xylem (XYL), Dover (DOV), Amcor Limited ADS common stock (AMCRY), TORAY INDUSTRIE/ADR (TRYIY), Norsk Hydro ASA (NHYDY), IDEX (IEX), BRAMBLES Ltd/S (BXBLY) and Packaging Corp Of America (PKG).
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)
Has MSC Industrial Direct been receiving favorable news coverage?
Media coverage about MSM stock has been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MSC Industrial Direct earned a daily sentiment score of 0.21 on Accern's scale. They also gave headlines about the industrial products company an impact score of 46.69 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for MSC Industrial Direct.
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. (7.09%), Ashler Capital LLC (4.40%), American Century Companies Inc. (4.29%), Schroder Investment Management Group (1.49%), Bank of New York Mellon Corp (1.28%) and FMR LLC (1.09%). 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 FMR LLC, Hermes Investment Management Ltd., Schroder Investment Management Group, Segall Bryant & Hamill LLC, Renaissance Technologies LLC, Advisors Asset Management Inc., Ashmore Wealth Management LLC and Vulcan Value Partners 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, Gregory Polli, Kari D Heerdt, Mitchell Jacobson, Rustom Jilla, Steve Armstrong and Steven N Baruch. 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 American Century Companies Inc., Morgan Stanley, Marshall Wace LLP, Ashler Capital LLC, BlackRock Inc., Bank of New York Mellon Corp, GWM Advisors LLC and Unigestion Holding SA. 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 $87.02.
How big of a company is MSC Industrial Direct?
MSC Industrial Direct has a market capitalization of $4.80 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.
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.
