William Blair Has Positive Estimate for MSM FY2025 Earnings

MSC Industrial Direct Co., Inc. (NYSE:MSM - Free Report) - Analysts at William Blair raised their FY2025 EPS estimates for MSC Industrial Direct in a research report issued on Wednesday, January 8th. William Blair analyst R. Merkel now expects that the industrial products company will post earnings of $3.63 per share for the year, up from their previous forecast of $3.55. The consensus estimate for MSC Industrial Direct's current full-year earnings is $3.63 per share. William Blair also issued estimates for MSC Industrial Direct's FY2026 earnings at $4.06 EPS.

A number of other analysts also recently commented on the stock. JPMorgan Chase & Co. decreased their price objective on shares of MSC Industrial Direct from $87.00 to $73.00 and set a "neutral" rating on the stock in a report on Friday, October 25th. Stephens downgraded shares of MSC Industrial Direct from an "overweight" rating to an "equal weight" rating and set a $85.00 price objective on the stock. in a report on Wednesday, December 4th. Finally, Robert W. Baird upped their price target on shares of MSC Industrial Direct from $84.00 to $91.00 and gave the company a "neutral" rating in a report on Wednesday, October 16th. Seven equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $81.00.

MSC Industrial Direct Price Performance

MSM stock traded up $1.39 during trading on Monday, reaching $81.29. 234,898 shares of the company were exchanged, compared to its average volume of 1,118,248. The company has a market cap of $4.54 billion, a P/E ratio of 17.75 and a beta of 0.91. MSC Industrial Direct has a 52-week low of $72.79 and a 52-week high of $104.76. The stock's 50 day moving average price is $82.07 and its 200 day moving average price is $81.85. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.90 and a current ratio of 1.96.

MSC Industrial Direct (NYSE:MSM - Get Free Report) last issued its earnings results on Wednesday, January 8th. The industrial products company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.13. The business had revenue of $928.50 million for the quarter, compared to the consensus estimate of $904.90 million. MSC Industrial Direct had a net margin of 6.77% and a return on equity of 19.35%. The business's quarterly revenue was down 2.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.25 earnings per share.

MSC Industrial Direct Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 29th. Stockholders of record on Wednesday, January 15th will be given a $0.85 dividend. This represents a $3.40 dividend on an annualized basis and a dividend yield of 4.18%. The ex-dividend date of this dividend is Wednesday, January 15th. MSC Industrial Direct's dividend payout ratio is presently 81.15%.

Insider Activity

In other news, CEO Erik Gershwind sold 50,000 shares of the company's stock in a transaction on Monday, November 11th. The shares were sold at an average price of $90.36, for a total value of $4,518,000.00. Following the completion of the transaction, the chief executive officer now directly owns 1,402,849 shares in the company, valued at approximately $126,761,435.64. This represents a 3.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Philip Peller sold 900 shares of the company's stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $89.07, for a total transaction of $80,163.00. Following the completion of the transaction, the director now owns 4,044 shares of the company's stock, valued at $360,199.08. This trade represents a 18.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 18.30% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. V Square Quantitative Management LLC bought a new position in MSC Industrial Direct during the 3rd quarter valued at $26,000. UMB Bank n.a. raised its holdings in shares of MSC Industrial Direct by 442.1% during the third quarter. UMB Bank n.a. now owns 309 shares of the industrial products company's stock worth $27,000 after purchasing an additional 252 shares during the period. Quest Partners LLC raised its holdings in shares of 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 purchasing an additional 353 shares during the period. Quent Capital LLC raised its holdings in shares of MSC Industrial Direct by 57.0% during the third quarter. Quent Capital LLC now owns 372 shares of the industrial products company's stock worth $32,000 after purchasing an additional 135 shares during the period. Finally, First Horizon Advisors Inc. raised its holdings in shares of MSC Industrial Direct by 53.0% during the third quarter. First Horizon Advisors Inc. now owns 407 shares of the industrial products company's stock worth $35,000 after purchasing an additional 141 shares during the period. 79.26% of the stock is currently owned by hedge funds and other institutional investors.

About MSC Industrial Direct

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.