MSC Industrial Direct Co., Inc. (NYSE:MSM - Free Report) - KeyCorp reduced their Q1 2025 EPS estimates for MSC Industrial Direct in a research note issued on Sunday, October 27th. KeyCorp analyst K. Newman now forecasts that the industrial products company will post earnings per share of $0.73 for the quarter, down from their prior estimate of $0.86. The consensus estimate for MSC Industrial Direct's current full-year earnings is $4.79 per share. KeyCorp also issued estimates for MSC Industrial Direct's Q1 2026 earnings at $0.82 EPS, Q2 2026 earnings at $0.85 EPS, Q3 2026 earnings at $1.22 EPS, Q4 2026 earnings at $1.18 EPS and FY2026 earnings at $4.07 EPS.
A number of other analysts also recently issued reports on the company. JPMorgan Chase & Co. lowered their price target on MSC Industrial Direct from $87.00 to $73.00 and set a "neutral" rating for the company in a research report on Friday, October 25th. Robert W. Baird boosted their target price on MSC Industrial Direct from $84.00 to $91.00 and gave the company a "neutral" rating in a research report on Wednesday, October 16th. Finally, Loop Capital reduced their price target on MSC Industrial Direct from $80.00 to $75.00 and set a "hold" rating on the stock in a report on Wednesday, July 3rd. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, MSC Industrial Direct currently has a consensus rating of "Hold" and a consensus target price of $90.20.
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MSC Industrial Direct Trading Down 0.4 %
Shares of NYSE:MSM traded down $0.34 during trading on Wednesday, hitting $82.08. The company had a trading volume of 610,236 shares, compared to its average volume of 572,251. The stock has a market cap of $4.61 billion, a price-to-earnings ratio of 17.92 and a beta of 0.86. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.96 and a quick ratio of 0.90. The company has a fifty day simple moving average of $82.02 and a two-hundred day simple moving average of $84.06. MSC Industrial Direct has a one year low of $75.05 and a one year high of $104.76.
MSC Industrial Direct (NYSE:MSM - Get Free Report) last announced its earnings results on Thursday, October 24th. The industrial products company reported $1.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.08 by ($0.05). The business had revenue of $952.30 million for the quarter, compared to analysts' expectations of $959.74 million. MSC Industrial Direct had a net margin of 6.77% and a return on equity of 19.35%. The firm's quarterly revenue was down 8.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.64 earnings per share.
MSC Industrial Direct Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be given a dividend of $0.85 per share. This is an increase from MSC Industrial Direct's previous quarterly dividend of $0.83. This represents a $3.40 annualized dividend and a yield of 4.14%. The ex-dividend date is Wednesday, November 13th. MSC Industrial Direct's dividend payout ratio (DPR) is currently 72.49%.
Hedge Funds Weigh In On MSC Industrial Direct
Institutional investors and hedge funds have recently modified their holdings of the stock. Blue Trust Inc. raised its position in MSC Industrial Direct by 1,142.3% during the second quarter. Blue Trust Inc. now owns 323 shares of the industrial products company's stock valued at $26,000 after acquiring an additional 297 shares in the last quarter. Ridgewood Investments LLC acquired a new stake in shares of MSC Industrial Direct during the 2nd quarter worth approximately $26,000. V Square Quantitative Management LLC purchased a new position in shares of MSC Industrial Direct during the 3rd quarter valued at approximately $26,000. UMB Bank n.a. lifted its stake in shares of MSC Industrial Direct by 442.1% in the 3rd quarter. UMB Bank n.a. now owns 309 shares of the industrial products company's stock valued at $27,000 after purchasing an additional 252 shares during the period. Finally, Quest Partners LLC boosted its holdings in MSC Industrial Direct by 35,300.0% during the second quarter. Quest Partners LLC now owns 354 shares of the industrial products company's stock worth $28,000 after buying an additional 353 shares in the last quarter. Institutional investors and hedge funds own 79.26% of the company's stock.
About MSC Industrial Direct
(
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MSC Industrial Direct Co, Inc, together with its subsidiaries, distributes metalworking and maintenance, repair, and operations (MRO) products and services in the United States, Canada, Mexico, the United Kingdom, and internationally. The company's MRO products include 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.
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