NYSE:MSM - MSC Industrial Direct Stock Price, News & Analysis

$71.55
-0.67 (-0.93 %)
(As of 09/16/2019 04:00 PM ET)
Today's Range
$71.14
Now: $71.55
$72.00
50-Day Range
$65.02
MA: $68.80
$73.94
52-Week Range
$64.59
Now: $71.55
$90.25
Volume316,666 shs
Average Volume434,992 shs
Market Capitalization$3.95 billion
P/E Ratio14.08
Dividend Yield4.15%
Beta0.91
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. Read More…

Industry, Sector and Symbol

Industry Industrial machinery & equipment
Sub-IndustryTrading Companies & Distributors
SectorIndustrial Products
CUSIP55353010
Phone516-812-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.20 billion
Cash Flow$6.2489 per share
Book Value$24.82 per share

Profitability

Net Income$329.22 million

Miscellaneous

Employees6,657
Market Cap$3.95 billion
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable

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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 Wednesday, July 10th. Investors of record on Tuesday, July 23rd will be given a dividend of $0.75 per share on Tuesday, August 6th. This represents a $3.00 annualized dividend and a yield of 4.19%. The ex-dividend date is Monday, July 22nd. This is a boost from MSC Industrial Direct's previous quarterly dividend of $0.63. View MSC Industrial Direct's Dividend History.

How will MSC Industrial Direct's stock buyback program work?

MSC Industrial Direct announced that its board has initiated a share repurchase program on Thursday, January 11th 2018, which authorizes the company to buyback 2,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

How were MSC Industrial Direct's earnings last quarter?

MSC Industrial Direct Co Inc (NYSE:MSM) issued its earnings results on Wednesday, July, 10th. The industrial products company reported $1.45 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.50 by $0.05. The industrial products company had revenue of $866.50 million for the quarter, compared to the consensus estimate of $881.62 million. MSC Industrial Direct had a return on equity of 21.08% and a net margin of 8.79%. The firm's revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.39 EPS. View MSC Industrial Direct's Earnings History.

When is MSC Industrial Direct's next earnings date?

MSC Industrial Direct is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for MSC Industrial Direct.

What guidance has MSC Industrial Direct issued on next quarter's earnings?

MSC Industrial Direct updated its fourth quarter earnings guidance on Wednesday, July, 10th. The company provided EPS guidance of $1.21-1.27 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.48. The company issued revenue guidance of $835-851 million, compared to the consensus revenue estimate of $883.58 million.

What price target have analysts set for MSM?

10 brokerages have issued 12-month price objectives for MSC Industrial Direct's shares. Their forecasts range from $70.00 to $92.00. On average, they expect MSC Industrial Direct's stock price to reach $78.8911 in the next twelve months. This suggests a possible upside of 10.3% from the stock's current price. View Analyst Price Targets for MSC Industrial Direct.

What is the consensus analysts' recommendation for MSC Industrial Direct?

10 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 1 buy rating 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 stories about MSM stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. MSC Industrial Direct earned a news sentiment score of 0.9 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for MSC Industrial Direct.

Are investors shorting MSC Industrial Direct?

MSC Industrial Direct saw a decrease in short interest in August. As of August 31st, there was short interest totalling 2,349,800 shares, a decrease of 6.5% from the July 31st total of 2,512,400 shares. Based on an average daily volume of 473,800 shares, the days-to-cover ratio is presently 5.0 days. Approximately 5.3% of the shares of the stock are sold short. View MSC Industrial Direct's Current Options Chain.

Who are some of MSC Industrial Direct's key 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 Cisco Systems (CSCO), Bank of America (BAC), 3M (MMM), Mondi (MNDI), Amgen (AMGN), Netflix (NFLX), Archer Daniels Midland (ADM), Bristol-Myers Squibb (BMY), JPMorgan Chase & Co. (JPM) and Mcdonald's (MCD).

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 many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.40%), BlackRock Inc. (7.62%), BlackRock Inc. (7.62%), JPMorgan Chase & Co. (3.77%), Schroder Investment Management Group (1.62%) and Poplar Forest Capital LLC (1.38%). 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, 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 Schroder Investment Management Group, Invesco Ltd., JPMorgan Chase & Co., Allianz Asset Management GmbH, Bank of New York Mellon Corp, WINTON GROUP Ltd, APG Asset Management N.V. and Poplar Forest Capital LLC. 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, Gregory Polli, Rustom Jilla, Steve Armstrong and Steven N Baruch. View Insider Buying and Selling for MSC Industrial Direct.

Which institutional investors are buying MSC Industrial Direct stock?

MSM stock was acquired by a variety of institutional investors in the last quarter, including Hamlin Capital Management LLC, Fiduciary Management Inc. WI, Nuveen Asset Management LLC, Paradice Investment Management LLC, First Trust Advisors LP, Renaissance Technologies LLC, Cibc World Markets Corp and UBS Group AG. 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, 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 $71.55.

How big of a company is MSC Industrial Direct?

MSC Industrial Direct has a market capitalization of $3.95 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.View Additional Information About MSC Industrial Direct.

What is MSC Industrial Direct's official website?

The official website for MSC Industrial Direct is http://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]


MarketBeat Community Rating for MSC Industrial Direct (NYSE MSM)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  312 (Vote Outperform)
Underperform Votes:  543 (Vote Underperform)
Total Votes:  855
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.
This page was last updated on 9/16/2019 by MarketBeat.com Staff

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