MSC Industrial Direct Co., Inc. (MSM) posted a 1.02% change over the last five days signaling a new trend

MSC Industrial Direct Co., Inc. (NYSE: MSM) kicked off on Friday, up 0.19% from the previous trading day, before settling in for the closing price of $84.06. Over the past 52 weeks, MSM has traded in a range of $75.05-$105.52.

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Industrials Sector giant saw their annual sales surged by 4.73% over the last five years. While this was happening, its average annual earnings per share was recorded -23.11%. With a float of $43.94 million, this company’s outstanding shares have now reached $46.84 million.

The firm has a total of 7377 workers. Let’s measure their productivity. In terms of profitability, gross margin is 41.03%, operating margin of 10.99%, and the pretax margin is 9.79%.

MSC Industrial Direct Co., Inc. (MSM) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Industrial Distribution Industry. The insider ownership of MSC Industrial Direct Co., Inc. is 21.70%, while institutional ownership is 78.73%. The most recent insider transaction that took place on Jul 17 ’24, was worth 413,251. In this transaction SVP, Sales & Customer Success of this company sold 4,885 shares at a rate of $84.60, taking the stock ownership to the 12,897 shares. Before that another transaction happened on Jan 31 ’24, when Company’s Director sold 24,501 for $99.31, making the entire transaction worth $2,433,295. This insider now owns 1,683,810 shares in total.

MSC Industrial Direct Co., Inc. (MSM) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 5/31/2024, the organization reported 1.64 earnings per share (EPS), higher than consensus estimate (set at 1.62) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.95 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -23.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.12% during the next five years compared to 1.04% growth over the previous five years of trading.

MSC Industrial Direct Co., Inc. (NYSE: MSM) Trading Performance Indicators

Take a look at MSC Industrial Direct Co., Inc.’s (MSM) current performance indicators. Last quarter, stock had a quick ratio of 0.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.21. Likewise, its price to free cash flow for the trailing twelve months is 14.14.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.15, a number that is poised to hit 1.07 in the next quarter and is forecasted to reach 4.76 in one year’s time.

Technical Analysis of MSC Industrial Direct Co., Inc. (MSM)

Analysing the last 5-days average volume posted by the [MSC Industrial Direct Co., Inc., MSM], we can find that recorded value of 0.56 million was lower than the volume posted last year of 0.56 million. As of the previous 9 days, the stock’s Stochastic %D was 74.79%. Additionally, its Average True Range was 1.85.

During the past 100 days, MSC Industrial Direct Co., Inc.’s (MSM) raw stochastic average was set at 60.45%, which indicates a significant decrease from 68.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.33% in the past 14 days, which was lower than the 31.68% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $81.96, while its 200-day Moving Average is $88.87. Now, the first resistance to watch is $84.87. This is followed by the second major resistance level at $85.52. The third major resistance level sits at $86.10. If the price goes on to break the first support level at $83.64, it is likely to go to the next support level at $83.06. Now, if the price goes above the second support level, the third support stands at $82.41.

MSC Industrial Direct Co., Inc. (NYSE: MSM) Key Stats

The company with the Market Capitalisation of 4.73 billion has total of 56,123K Shares Outstanding. Its annual sales at the moment are 4,009 M in contrast with the sum of 343,230 K annual income. Company’s last quarter sales were recorded 979,350 K and last quarter income was 71,700 K.