MSC Industrial Direct Co., Inc. (MSM) is currently priced at $103.73, experiencing a marginal decrease of 44 cents (-0.422%) from the previous session. The trading volume stands at $171,261, 25.84% above the average. Recent price movements indicate a stable performance amidst market fluctuations.
In the latest quarterly earnings report released on Tuesday, March 31st, MSM reported earnings per share of $0.82, slightly below the consensus estimate of $0.84. The total revenue for the quarter amounted to $917.77 million, just below the expected $931.66 million.
MSM offers a forward dividend yield of 3.35%, with a dividend per share MRQ of 87 cents. Year over year, the dividend per share has increased by 2.381 cents, standing at $3.46 on a trailing twelve-month basis.
KeyBanc upgraded MSM from "Sector Weight" to "Overweight" on April 27, suggesting a positive outlook on the stock.
The company's free cash flow stands at $73 million, with a net change in cash of $5.94 million. Operating cash flow remains robust at $94.40 million, reflecting healthy financial operations.
MSM generated a revenue of $917.77 million, leading to a net income of $41.83 million. Earnings per share (EPS) and EPS diluted both stand at 76 cents.
Key ratios include a net profit margin of 4.56%, return on assets of 1.71%, and a price-earnings ratio of 31.3, indicating the company's profitability and valuation metrics.
With total assets of $2.45 billion and total liabilities of $1 billion, MSM maintains a strong financial position, supported by $46.19 million in cash and cash equivalents.
This comprehensive overview highlights MSM's financial performance and position in the market, showcasing its resilience amidst current market conditions.
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, and the United Kingdom. Its 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. The company offers approximately 1.9 million stock-keeping units through its catalogs and brochures; e-commerce channels, including its Website, mscdirect.com; inventory management solutions; and call-centers and branches. It operates through a distribution network of 28 branch offices, 11 customer fulfilment centers, and seven regional inventory centers. The company serves individual machine shops, Fortune 1000 manufacturing companies, and government agencies, as well as manufacturers of various sizes. MSC Industrial Direct Co., Inc. was founded in 1941 and is headquartered in Melville, New York.