During the last session, MSC Industrial Direct Co., Inc (NYSE:MSM)’s traded shares were 0.8 million, with the beta value of the company hitting 0.85. At the end of the trading day, the stock’s price was $81.10, reflecting an intraday loss of -1.21% or -$0.99. The 52-week high for the MSM share is $90.81, that puts it down -11.97 from that peak though still a striking 16.03% gain since the share price plummeted to a 52-week low of $68.10. The company’s market capitalization is $4.52B, and the average trade volume was 544.72K shares over the past three months.
MSC Industrial Direct Co., Inc (MSM) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.55. MSM has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it.
MSC Industrial Direct Co., Inc (NYSE:MSM) trade information
MSC Industrial Direct Co., Inc (MSM) registered a -1.21% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.21% in intraday trading to $81.10, hitting a weekly high. The stock’s 5-day price performance is -1.07%, and it has moved by -0.14% in 30 days. Based on these gigs, the overall price performance for the year is 3.02%.
The consensus price target of analysts on Wall Street is $89, which implies an increase of 8.88% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $89 and $89 respectively. As a result, MSM is trading at a discount of -9.74% off the target high and -9.74% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -2.51%. While earnings are projected to return -26.27% in 2025, the next five years will return -1.80% per annum.
MSM Dividends
MSC Industrial Direct Co., Inc is due to release its next quarterly earnings on 2025-Apr-03. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for MSC Industrial Direct Co., Inc is 3.38, with the dividend yield indicating at 4.17 percent, continuing the trend of increasing dividends in recent years.
MSC Industrial Direct Co., Inc (NYSE:MSM)’s Major holders
MSC Industrial Direct Co., Inc insiders own 21.01% of total outstanding shares while institutional holders control 88.92%, with the float percentage being 112.57%. BLACKROCK INC. is the largest shareholder of the company, while 529.0 institutions own stock in it. As of 2024-06-30, the company held over 5.49 million shares (or 9.7707% of all shares), a total value of $435.61 million in shares.
The next largest institutional holding, with 4.61 million shares, is of VANGUARD GROUP INC’s that is approximately 8.1929% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $365.27 million.
