MSC Industrial downgraded by William Blair with a new price target
$MSM
Industrial Machinery/Components
Industrials
William Blair downgraded MSC Industrial from Outperform to Mkt Perform and set a new price target of $67.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/17/2024 | $80.00 | Buy → Hold | Loop Capital |
| 6/17/2024 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 5/29/2024 | $112.00 → $95.00 | Outperform → Neutral | Robert W. Baird |
| 10/9/2023 | $96.00 → $124.00 | Hold → Buy | Loop Capital |
| 10/17/2022 | $84.00 | Hold | Jefferies |
| 6/30/2022 | $67.00 | Outperform → Mkt Perform | William Blair |
| 9/27/2021 | $102.00 → $91.00 | Overweight | Keybanc |
| 8/3/2021 | $92.00 | Hold | Loop Capital |
Loop Capital analyst Chris Dankert maintains MSC Industrial Direct Co (NYSE:MSM) with a Hold and lowers the price target from $80 to $75.
During the last three months, 5 analysts shared their evaluations of MSC Industrial Direct Co (NYSE:MSM), revealing diverse outlooks from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 1 2 0 0 2M Ago 0 0 1 0 0 3M Ago 0 0 0 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $89.8, with a high estimate of $110.00 and a low estimate of $80.00. This current average
JP Morgan analyst Patrick Baumann maintains MSC Industrial Direct Co (NYSE:MSM) with a Neutral and lowers the price target from $81 to $80.
SC 13G - MSC INDUSTRIAL DIRECT CO INC (0001003078) (Subject)
SC 13G/A - MSC INDUSTRIAL DIRECT CO INC (0001003078) (Subject)
SC 13G/A - MSC INDUSTRIAL DIRECT CO INC (0001003078) (Subject)
10-K - MSC INDUSTRIAL DIRECT CO INC (0001003078) (Filer)
8-K - MSC INDUSTRIAL DIRECT CO INC (0001003078) (Filer)
8-K - MSC INDUSTRIAL DIRECT CO INC (0001003078) (Filer)
MELVILLE, N.Y. and DAVIDSON, N.C., Nov. 5, 2024 /PRNewswire/ -- MSC INDUSTRIAL SUPPLY CO. (NYSE:MSM), a leading North American distributor of a broad range of metalworking and maintenance, repair and operations ("MRO") products and services, today announced the following upcoming investor events: Baird 2024 Global Industrial Conference Stephens Annual Investment Conference When: November 12, 2024 November 20, 2024 Attendees: Erik Gershwind, Chief Executive Officer Martina McIsaac, President and Chief Operating Officer Ryan Mills, Head of Investor Relations Kristen Actis-Grand
FISCAL 2024 Q4 HIGHLIGHTS Net sales of $952.3 million decreased 8.0% YoY and includes a roughly 300 basis point headwind from non-repeating Public Sector orders in the prior yearOperating income of $90.9 million, or $94.2 million adjusted to exclude acquisition-related and restructuring and other costs1Operating margin of 9.5%, or 9.9% excluding the adjustments described above1Diluted EPS of $0.99 vs. $1.56 in the prior fiscal year quarterAdjusted diluted EPS of $1.03 vs. $1.64 in the prior fiscal year quarter1FISCAL 2024 HIGHLIGHTS Net sales of $3,821.0 million decreased 4.7% YoY and includes a roughly 160 basis point headwind from non-repeating Public Sector orders in the prior yearOperati
MELVILLE, N.Y. and DAVIDSON, N.C., Oct. 10, 2024 /PRNewswire/ -- MSC Industrial Supply Co. (NYSE:MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that its Board of Directors has declared a cash dividend of $0.85 per share, representing an increase from the previous regular quarterly dividend of $0.83 per share. The $0.85 dividend is payable on November 27, 2024 to shareholders of record at the close of business on November 13, 2024. About MSC Industri
4 - MSC INDUSTRIAL DIRECT CO INC (0001003078) (Issuer)
4 - MSC INDUSTRIAL DIRECT CO INC (0001003078) (Issuer)
4 - MSC INDUSTRIAL DIRECT CO INC (0001003078) (Issuer)
FISCAL 2024 Q4 HIGHLIGHTS Net sales of $952.3 million decreased 8.0% YoY and includes a roughly 300 basis point headwind from non-repeating Public Sector orders in the prior yearOperating income of $90.9 million, or $94.2 million adjusted to exclude acquisition-related and restructuring and other costs1Operating margin of 9.5%, or 9.9% excluding the adjustments described above1Diluted EPS of $0.99 vs. $1.56 in the prior fiscal year quarterAdjusted diluted EPS of $1.03 vs. $1.64 in the prior fiscal year quarter1FISCAL 2024 HIGHLIGHTS Net sales of $3,821.0 million decreased 4.7% YoY and includes a roughly 160 basis point headwind from non-repeating Public Sector orders in the prior yearOperati
MELVILLE, N.Y. and DAVIDSON, N.C., Oct. 10, 2024 /PRNewswire/ -- MSC Industrial Supply Co. (NYSE:MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that its Board of Directors has declared a cash dividend of $0.85 per share, representing an increase from the previous regular quarterly dividend of $0.83 per share. The $0.85 dividend is payable on November 27, 2024 to shareholders of record at the close of business on November 13, 2024. About MSC Industri
MELVILLE, N.Y. and DAVIDSON, N.C., Sept. 20, 2024 /PRNewswire/ -- MSC INDUSTRIAL SUPPLY CO. (NYSE:MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that the Company's conference call to review its fiscal year 2024 fourth quarter and full year results, as well as its current operations, will be broadcast online live on Thursday, October 24, 2024 at 8:30 a.m. Eastern Time. To access the earnings release, webcast, presentation slides and operational stati
Loop Capital downgraded MSC Industrial from Buy to Hold and set a new price target of $80.00
KeyBanc Capital Markets downgraded MSC Industrial from Overweight to Sector Weight
Robert W. Baird downgraded MSC Industrial from Outperform to Neutral and set a new price target of $95.00 from $112.00 previously