|Bid||69.50 x 800|
|Ask||69.48 x 900|
|Day's Range||69.23 - 70.23|
|52 Week Range||64.59 - 90.25|
|Beta (3Y Monthly)||1.26|
|PE Ratio (TTM)||13.12|
|Earnings Date||Oct 24, 2019|
|Forward Dividend & Yield||3.00 (4.28%)|
|1y Target Est||75.57|
During its third-quarter earnings, MSC Industrial fell short of Wall Street's forecasts and also lowered its guidance amid sluggish sales. Yahoo Finance's Ines Ferre reports on the story.
MSC Industrial Direct Co., Inc. (NYSE:MSM), which is in the trade distributors business, and is based in United...
Today we'll look at MSC Industrial Direct Co., Inc. (NYSE:MSM) and reflect on its potential as an investment. To be...
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). To keep it...
One of my recent purchases, MSC Industrial Direct -- a distributor of metalworking and maintenance, repair and operations products and services -- reported a decent fiscal third quarter on July 10, but lowered its estimate for the next quarter -- the fiscal fourth quarter ending Aug. 31 -- from about $1.46 to a range from $1.21 to $1.27. After MSM's fall to $69.65, that implied a trailing price-to-earnings of around 13.2-times. After MSM's drift back to $69.65, that implied a trailing price-to-earnings of around 13.2-times.
Readers hoping to buy MSC Industrial Direct Co., Inc. (NYSE:MSM) for its dividend will need to make their move...
The industrial supply companies' results had a lot to say about the outlook for the upcoming quarterly reports -- not all of it good.
MSC Industrial (MSM) delivered earnings and revenue surprises of -3.33% and -1.73%, respectively, for the quarter ended May 2019. Do the numbers hold clues to what lies ahead for the stock?
MSC Industrial Direct Co. reported on Wednesday disappointing fiscal third-quarter results and provided a downbeat outlook, but also raised its quarterly dividend to lift the implied yield to more than double that of both the industrial sector and the S&P 500. The dividend was raised to 75 cents a share from 63 cents a share, with the new dividend payable Aug. 6 to shareholders of record on July 23. Based on the Tuesday's stock closing price of $72.27, the new annual dividend rate implies a dividend yield of 4.15%. In comparison, the implied yield for the SPDR Industrial Select Sector ETF is 2.01% and for the S&P 500 is 1.93%. The stock, which tumbled 9% in premarket trading, has lost 11.4% over the past three months while the industrial ETF has gained 1.4% and the S&P 500 has tacked on 3.2%.
MSC Industrial Direct Co. reported Wednesday a fiscal third-quarter profit and revenue that missed expectations and provided a downbeat outlook, while increasing its dividend by 19%. The distributor of metalworking and maintenance and repair products said net income for the quarter to June 1 rose to $79.6 million, or $1.44 a share, from $79.1 million, or $1.39 a share, in the year-ago period. The FactSet consensus for earnings per share was $1.49. Net sales rose 4.6% to $866.5 million, but was below the FactSet consensus of $881.6 million. "Our fiscal third quarter performance leaves us disappointed," said Chief Executive Erik Gershwind. "We have seen a step-down in demand since April, while the pricing environment remains uncertain due to the overhang of tariffs and trade." For the fourth quarter, the company expects EPS of $1.21 to $1.27, below the FactSet consensus of $1.48, and sales of $835 million to $851 million, below expectations of $883 million. Separately, MSC raised its quarterly dividend to 75 cents a share from 63 cents a share, with the new dividend payable Aug. 6 to shareholders of record on July 23. MSC's stock, which was still inactive in the premarket, has lost 6.1% year to date through Tuesday while the Dow Jones Industrial Average has rallied 14.8%.
NEW YORK, NY / ACCESSWIRE / July 10, 2019 / MSC Industrial Direct Co., Inc. (NYSE: MSM ) will be discussing their earnings results in their 2019 Third Quarter Earnings to be held on July 10, 2019 at 8:30 ...
Increases Quarterly Dividend To $0.75 , Up 19 Percent MELVILLE, N.Y. and DAVIDSON, N.C. , July 10, 2019 /PRNewswire/ -- FISCAL Q3 2019 HIGHLIGHTS Net sales of $866.5 million , a 4.6% YoY increase, with ...
Industrial tools and supplies distributor MSC Industrial Direct reports fiscal third-quarter earnings short of Wall Street forecasts and lowers its guidance amid sluggish sales.
Since MSC Industrial Direct Co., Inc. (NYSE:MSM) released its earnings in March 2019, it seems that analyst forecasts...
MSC Industrial (MSM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is MSC Industrial Direct Co., Inc. (NYSE:MSM) a good dividend stock? How can we tell? Dividend paying companies with...