MSC Industrial Direct (MSM) Stock Price, News & Analysis

Company Overview

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. It offers stock-keeping units through its catalogs and brochures; e-commerce channels, including its website, mscdirect.com; inventory management solutions; and customer care centers, customer fulfillment centers, regional inventory centers, and warehouses. The company serves individual machine shops, manufacturing companies, and government agencies. MSC Industrial Direct Co., Inc. was founded in 1941 and is headquartered in Melville, New York.

Key Stats

• Today's Range: $84.34 to $85.69
• 50-Day Range: $77.79 to $90.21
• 52-Week Range: $75.05 to $104.76
• Volume: 472,274 shs
• Average Volume: 580,511 shs
• Market Capitalization: $4.78 billion
• P/E Ratio: 18.66
• Dividend Yield: 3.98%
• Price Target: $90.20
• Consensus Rating: Hold

MSC Industrial Direct Stock Analysis - MarketRank™

MSC Industrial Direct scored higher than 75% of companies evaluated by MarketBeat, and ranked 72nd out of 179 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

MSC Industrial Direct has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

MSC Industrial Direct has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 14.52%

Earnings Growth

Earnings for MSC Industrial Direct are expected to grow by 14.52% in the coming year, from $3.65 to $4.18 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of MSC Industrial Direct is 18.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of MSC Industrial Direct is 18.66, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 23.10.

Price to Book Value per Share Ratio

MSC Industrial Direct has a P/B Ratio of 3.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.36% of the float of MSC Industrial Direct has been sold short.

Short Interest Ratio / Days to Cover

MSC Industrial Direct has a short interest ratio ("days to cover") of 4.4.

Change versus previous month

Short interest in MSC Industrial Direct has recently increased by 12.55%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

MSC Industrial Direct is a leading dividend payer. It pays a dividend yield of 4.22%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

MSC Industrial Direct does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of MSC Industrial Direct is 74.24%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on EPS estimates, MSC Industrial Direct will have a dividend payout ratio of 81.34% in the coming year. This indicates that MSC Industrial Direct may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 1.1 / 5
• Environmental Score: -3.32

Percentage of Shares Shorted

6.36% of the float of MSC Industrial Direct has been sold short.

Short Interest Ratio / Days to Cover

MSC Industrial Direct has a short interest ratio ("days to cover") of 4.4.

Change versus previous month

Short interest in MSC Industrial Direct has recently increased by 12.55%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 1.57

News Sentiment

MSC Industrial Direct has a news sentiment score of 1.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.79 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for MSC Industrial Direct this week, compared to 5 articles on an average week.

Search Interest

Only 1 people have searched for MSM on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

MarketBeat Follows

3 people have added MSC Industrial Direct to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, MSC Industrial Direct insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,598,163.00 in company stock.

Percentage Held by Insiders

18.80% of the stock of MSC Industrial Direct is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

79.26% of the stock of MSC Industrial Direct is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MSM Stock Analysis - Frequently Asked Questions

How have MSM shares performed this year?

MSC Industrial Direct's stock was trading at $101.26 at the start of the year. Since then, MSM shares have decreased by 15.6% and is now trading at $85.47.
View the best growth stocks for 2024 here.

How were MSC Industrial Direct's earnings last quarter?

MSC Industrial Direct Co., Inc. (NYSE:MSM) issued 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 firm's quarterly revenue was down 8.0% on a year-over-year basis.

Does MSC Industrial Direct have any subsidiaries?

The following companies are subsidiaries of MSC Industrial Direct: Tower Fasteners, Wm. F. Hurst Co. LLC, All Integrated Solutions Inc, Deco Tool Supply, Barnes Group Inc, American Specialty Grinding Co Inc., American Tool Supply, and more.

Who are MSC Industrial Direct's major shareholders?

Top institutional shareholders of MSC Industrial Direct include Charles Schwab Investment Management Inc. (2.80%), State Street Corp (2.49%), Geode Capital Management LLC (1.89%) and Pacer Advisors Inc. (1.64%). Insiders that own company stock include Mitchell Jacobson, Erik Gershwind, Kimberly Shacklett, Steven N Baruch, Louise K Goeser, Douglas E Jones, Kristen Actis-Grande, Philip Peller and Elizabeth Bledsoe.
View institutional ownership trends.

How do I buy shares of MSC Industrial Direct?

Shares of MSM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of MSC Industrial Direct own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MSC Industrial Direct investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 10/24/2024
• Ex-Dividend for 11/27 Dividend: 11/13/2024
• Today: 11/23/2024
• Dividend Payable: 11/27/2024
• Next Earnings (Estimated): 1/14/2025
• Fiscal Year End: 8/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrial Products
• Industry: Industrial machinery & equipment
• Sub-Industry: Trading Companies & Distributors
• Current Symbol: NYSE:MSM
• CUSIP: 55353010
• CIK: 1003078
• Web: www.mscdirect.com
• Phone: (516) 812-2000
• Fax: 516-349-7096
• Employees: 7,423
• Year Founded: 1941

Price Target and Rating

• Average Stock Price Target: $90.20
• High Stock Price Target: $110.00
• Low Stock Price Target: $73.00
• Potential Upside/Downside: +5.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.17
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.58
• Trailing P/E Ratio: 18.66
• Forward P/E Ratio: 23.42
• P/E Growth: N/A
• Net Income: $258.59 million
• Net Margins: 6.77%
• Pretax Margin: 8.97%
• Return on Equity: 19.35%
• Return on Assets: 10.90%

Debt

• Debt-to-Equity Ratio: 0.20
• Current Ratio: 1.96
• Quick Ratio: 0.90

Sales & Book Value

• Annual Sales: $3.82 billion
• Price / Sales: 1.25
• Cash Flow: $6.71 per share
• Price / Cash Flow: 12.73
• Book Value: $25.07 per share
• Price / Book: 3.41

Miscellaneous

• Outstanding Shares: 55,904,000
• Free Float: 45,394,000
• Market Cap: $4.78 billion
• Optionable: Optionable
• Beta: 0.87