MSA Safety (NYSE:MSA - Free Report) had its price target lowered by Robert W. Baird from $190.00 to $175.00 in a research note published on Tuesday morning,Benzinga reports. The firm currently has a neutral rating on the industrial products company's stock.
Several other equities research analysts have also weighed in on the stock. Jefferies Financial Group initiated coverage on shares of MSA Safety in a report on Thursday, December 12th. They issued a "hold" rating and a $200.00 target price on the stock. B. Riley initiated coverage on shares of MSA Safety in a report on Tuesday, November 5th. They issued a "buy" rating and a $200.00 target price on the stock. Finally, DA Davidson started coverage on shares of MSA Safety in a report on Thursday, December 19th. They issued a "buy" rating and a $195.00 target price on the stock. Two research analysts have rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $197.00.
View Our Latest Stock Analysis on MSA Safety
MSA Safety Price Performance
Shares of MSA stock traded down $0.71 during mid-day trading on Tuesday, reaching $158.30. The company's stock had a trading volume of 166,180 shares, compared to its average volume of 134,752. MSA Safety has a 1-year low of $153.79 and a 1-year high of $200.60. The company has a market cap of $6.21 billion, a P/E ratio of 21.96 and a beta of 1.00. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.76 and a current ratio of 2.79. The firm's 50-day moving average is $164.38 and its two-hundred day moving average is $170.96.
MSA Safety (NYSE:MSA - Get Free Report) last posted its earnings results on Wednesday, February 12th. The industrial products company reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.23 by $0.02. MSA Safety had a net margin of 15.76% and a return on equity of 28.64%. On average, research analysts predict that MSA Safety will post 8.06 earnings per share for the current year.
MSA Safety Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be paid a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.29%. The ex-dividend date is Friday, February 14th. MSA Safety's dividend payout ratio (DPR) is presently 28.29%.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of MSA. CWM LLC boosted its stake in shares of MSA Safety by 381.5% in the 3rd quarter. CWM LLC now owns 1,584 shares of the industrial products company's stock valued at $281,000 after purchasing an additional 1,255 shares during the last quarter. Creative Planning boosted its stake in shares of MSA Safety by 5.3% in the 3rd quarter. Creative Planning now owns 2,246 shares of the industrial products company's stock valued at $398,000 after purchasing an additional 114 shares during the last quarter. Net Worth Advisory Group bought a new position in shares of MSA Safety in the 3rd quarter valued at about $235,000. Blue Trust Inc. boosted its stake in shares of MSA Safety by 486.0% in the 3rd quarter. Blue Trust Inc. now owns 252 shares of the industrial products company's stock valued at $47,000 after purchasing an additional 209 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in shares of MSA Safety by 51.6% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 97,571 shares of the industrial products company's stock valued at $17,303,000 after purchasing an additional 33,204 shares during the last quarter. Institutional investors own 92.51% of the company's stock.
About MSA Safety
(
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MSA Safety Incorporated develops, manufactures, and supplies safety products and technology solutions that protect people and facility infrastructures in the fire service, energy, utility, construction, and industrial manufacturing applications, as well as heating, ventilation, air conditioning, and refrigeration industries worldwide.
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