About MSC Industrial Direct (NYSE:MSM)
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
Industry Industrial machinery & equipment
Sub-IndustryTrading Companies & Distributors
Trailing P/E Ratio22.92
Forward P/E Ratio18.06
Sales & Book Value
Annual Sales$2.89 billion
Price / Sales1.82
Cash Flow$5.2027 per share
Price / Cash17.91
Book Value$21.73 per share
Price / Book4.29
EPS (Most Recent Fiscal Year)$4.05
Net Income$231.43 million
Return on Equity20.53%
Return on Assets12.32%
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 Thursday, April 5th. Stockholders of record on Tuesday, April 17th will be given a dividend of $0.58 per share on Tuesday, May 1st. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date of this dividend is Monday, April 16th. 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 share buyback plan on Thursday, January 11th 2018, which allows the company to repurchase 2,000,000 shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board of directors believes its shares are undervalued.
How were MSC Industrial Direct's earnings last quarter?
MSC Industrial Direct Co Inc (NYSE:MSM) posted its earnings results on Tuesday, April, 10th. The industrial products company reported $1.34 EPS for the quarter, beating the consensus estimate of $1.32 by $0.02. The industrial products company had revenue of $769 million for the quarter, compared to analyst estimates of $773.42 million. MSC Industrial Direct had a net margin of 9.91% and a return on equity of 20.53%. The business's revenue was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.33 EPS. 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 third quarter earnings guidance on Tuesday, April, 10th. The company provided earnings per share (EPS) guidance of $1.37-1.43 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.41. The company issued revenue guidance of $820-835 million, compared to the consensus revenue estimate of $828.27 million.
What price target have analysts set for MSM?
15 equities research analysts have issued 1 year price objectives for MSC Industrial Direct's stock. Their forecasts range from $76.00 to $116.00. On average, they anticipate MSC Industrial Direct's stock price to reach $100.50 in the next year. 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 Atlantia (ATL), Tenaris (TS), Kubota (KUBTY), Cintas (CTAS), Ferguson (FERGY), BAE Systems (BA), W W Grainger (GWW), Rolls-Royce (RR), ASHTEAD Grp PLC/ADR (ASHTY), Cimic Group (CIM), Norsk Hydro ASA (NHYDY), TORAY INDUSTRIE/ADR (TRYIY), Xylem (XYL), Ball (BLL) and Amcor Limited ADS common stock (AMCRY).
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 trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. MSC Industrial Direct earned a coverage optimism score of 0.17 on Accern's scale. They also assigned news articles about the industrial products company an impact score of 43.87 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are MSC Industrial Direct's major shareholders?
MSC Industrial Direct's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.85%), JPMorgan Chase & Co. (4.76%), New South Capital Management Inc. (4.02%), American Century Companies Inc. (3.71%), Schroder Investment Management Group (1.62%) and Poplar Forest Capital LLC (1.04%). 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 New South Capital Management Inc., Fisher Asset Management LLC, Schroder Investment Management Group, Blair William & Co. IL, Citigroup Inc., Monarch Partners Asset Management LLC, Fiduciary Management Inc. WI and Massachusetts Financial Services Co. MA. 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.
Which major investors are buying MSC Industrial Direct stock?
MSM stock was purchased by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Prudential Financial Inc., American Century Companies Inc., BlackRock Inc., Old Mutual Global Investors UK Ltd., WBI Investments Inc., Schwab Charles Investment Management Inc. and DekaBank Deutsche Girozentrale. 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 $93.21.
How big of a company is MSC Industrial Direct?
MSC Industrial Direct has a market capitalization of $5.28 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 (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.