A new trading day began on Monday, with MSC Industrial Direct Co., Inc. (NYSE: MSM) stock price up 3.08% from the previous day of trading, before settling in for the closing price of $78.67. MSM’s price has ranged from $75.05 to $104.76 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 2.85% over the past five years. Meanwhile, its annual earnings per share averaged -24.21%. With a float of $43.77 million, this company’s outstanding shares have now reached $55.90 million.
Let’s look at the performance matrix of the company that is accounted for 7423 employees. In terms of profitability, gross margin is 41.16%, operating margin of 10.51%, and the pretax margin is 8.97%.
MSC Industrial Direct Co., Inc. (MSM) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Industrial Distribution Industry. The insider ownership of MSC Industrial Direct Co., Inc. is 21.70%, while institutional ownership is 78.91%. 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) Performance Highlights and Predictions
In its latest quarterly report, released on 8/31/2024, the company reported earnings of 1.25 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.72 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -24.21% 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 -2.51% drop over the previous five years of trading.
MSC Industrial Direct Co., Inc. (NYSE: MSM) Trading Performance Indicators
Here are MSC Industrial Direct Co., Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.19. Likewise, its price to free cash flow for the trailing twelve months is 14.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.58, a number that is poised to hit 0.73 in the next quarter and is forecasted to reach 4.18 in one year’s time.
Technical Analysis of MSC Industrial Direct Co., Inc. (MSM)
MSC Industrial Direct Co., Inc. (NYSE: MSM) saw its 5-day average volume 1.1 million, a positive change from its year-to-date volume of 0.57 million. As of the previous 9 days, the stock’s Stochastic %D was 36.24%. Additionally, its Average True Range was 2.09.
During the past 100 days, MSC Industrial Direct Co., Inc.’s (MSM) raw stochastic average was set at 39.82%, which indicates a significant decrease from 57.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.07% in the past 14 days, which was lower than the 32.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $81.98, while its 200-day Moving Average is $88.43. Nevertheless, the first resistance level for the watch stands at $81.75 in the near term. At $82.41, the stock is likely to face the second major resistance level. The third major resistance level sits at $83.67. If the price goes on to break the first support level at $79.84, it is likely to go to the next support level at $78.58. Assuming the price breaks the second support level, the third support level stands at $77.92.
MSC Industrial Direct Co., Inc. (NYSE: MSM) Key Stats
With a market capitalization of 4.53 billion, the company has a total of 56,123K Shares Outstanding. Currently, annual sales are 3,821 M while annual income is 258,590 K. The company’s previous quarter sales were 952,280 K while its latest quarter income was 55,690 K.
