NYSE:MSMMSC Industrial Direct Stock Price, Forecast & News

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 40.3% and is now trading at $74.87. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MSC Industrial Direct in the last year. There are currently 2 sell ratings, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for MSC Industrial Direct.

MSC Industrial Direct is scheduled to release its next quarterly earnings announcement on Wednesday, July 8th 2020. View our earnings forecast for MSC Industrial Direct.

MSC Industrial Direct will be holding an earnings conference call on Wednesday, July 8th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

MSC Industrial Direct Co Inc (NYSE:MSM) issued its earnings results on Wednesday, April, 8th. The industrial products company reported $1.00 earnings per share for the quarter, meeting the Zacks' consensus estimate of $1.00. The industrial products company earned $786.10 million during the quarter, compared to analysts' expectations of $792.26 million. MSC Industrial Direct had a return on equity of 19.23% and a net margin of 8.05%. The firm's revenue for the quarter was down 4.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.24 earnings per share. View MSC Industrial Direct's earnings history.

MSC Industrial Direct announced a quarterly dividend on Tuesday, June 30th. Stockholders of record on Tuesday, July 14th will be given a dividend of $0.75 per share on Tuesday, July 28th. This represents a $3.00 annualized dividend and a yield of 4.01%. The ex-dividend date is Monday, July 13th. View MSC Industrial Direct's dividend history.

MSC Industrial Direct issued an update on its third quarter 2020 After-Hours earnings guidance on Tuesday, June, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $835-835 million, compared to the consensus revenue estimate of $772.63 million.

9 brokers have issued 12-month target prices for MSC Industrial Direct's shares. Their forecasts range from $60.00 to $82.00. On average, they expect MSC Industrial Direct's stock price to reach $73.00 in the next twelve months. This suggests that the stock has a possible downside of 2.5%. View analysts' price targets for MSC Industrial Direct.

News headlines about MSM stock have been trending negative on Tuesday, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. MSC Industrial Direct earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about MSC Industrial Direct.

MSC Industrial Direct saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 1,380,000 shares, a decline of 24.6% from the June 15th total of 1,830,000 shares. Based on an average trading volume of 574,700 shares, the days-to-cover ratio is currently 2.4 days. Currently, 3.1% of the shares of the stock are short sold. View MSC Industrial Direct's Current Options Chain.

Some companies that are related to MSC Industrial Direct include Fastenal (FAST), W W Grainger (GWW), United Rentals (URI), Watsco (WSO), Air Lease (AL), Applied Industrial Technologies (AIT), GATX (GATX), Beacon Roofing Supply (BECN), Rush Enterprises (RUSHA), WESCO International (WCC), Kaman (KAMN), H&E Equipment Services (HEES), MRC Global (MRC), Textainer Group (TGH) and DXP Enterprises (DXPE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other MSC Industrial Direct investors own include Pfizer (PFE), Exxon Mobil (XOM), IBM (IBM), AT&T (T), Cisco Systems (CSCO), AbbVie (ABBV), Bank of America (BAC), Walt Disney (DIS), Mcdonald's (MCD) and 3M (MMM).

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

MSC Industrial Direct's stock is owned by a variety of retail and institutional investors. Top institutional investors include Martin Capital Partners LLC (0.10%). Company insiders that own MSC Industrial Direct stock include Charles Bonomo, David Wright, Denis F Kelly, Douglas E Jones, Gregory Polli, 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 Martin Capital Partners LLC. Company insiders that have sold MSC Industrial Direct company stock in the last year include Charles Bonomo, Douglas E Jones, and Rustom Jilla. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of MSM stock can currently be purchased for approximately $74.87.

MSC Industrial Direct has a market capitalization of $4.15 billion and generates $3.36 billion in revenue each year. The industrial products company earns $288.80 million in net income (profit) each year or $5.29 on an earnings per share basis. MSC Industrial Direct employs 6,700 workers across the globe.

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

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]