A major move is in the offing as MSC Industrial Direct Co., Inc (MSM) market cap hits 4.47 billion

MSC Industrial Direct Co., Inc (NYSE: MSM) on Monday, soared 3.30% from the previous trading day, before settling in for the closing price of $77.54. Within the past 52 weeks, MSM’s price has moved between $72.79 and $100.35.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 2.85%. The company achieved an average annual earnings per share of -25.37%. With a float of $43.43 million, this company’s outstanding shares have now reached $55.89 million.

Considering the fact that the conglomerate employs 7423 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 41.05%, operating margin of 9.81%, and the pretax margin is 8.22%.

MSC Industrial Direct Co., Inc (MSM) Insider Activity

Observing investor behavior towards Industrial Distribution industry stocks is more important than anything else. The insider ownership of MSC Industrial Direct Co., Inc is 22.26%, while institutional ownership is 83.69%. The most recent insider transaction that took place on Nov 13 ’24, was worth 80,164. In this transaction Director of this company sold 900 shares at a rate of $89.07, taking the stock ownership to the 4,044 shares. Before that another transaction happened on Nov 13 ’24, when Company’s Director proposed sale 900 for $89.07, making the entire transaction worth $80,164.

MSC Industrial Direct Co., Inc (MSM) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.03 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -25.37% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -0.53% 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

MSC Industrial Direct Co., Inc (MSM) is currently performing well based on its current performance indicators. A quick ratio of 0.91 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.18. Likewise, its price to free cash flow for the trailing twelve months is 13.55.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.19, a number that is poised to hit 0.68 in the next quarter and is forecasted to reach 4.08 in one year’s time.

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

Compared to the last year’s volume of 0.63 million, its volume of 0.78 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 62.36%. Additionally, its Average True Range was 2.15.

During the past 100 days, MSC Industrial Direct Co., Inc’s (MSM) raw stochastic average was set at 40.57%, which indicates a significant decrease from 58.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.87% in the past 14 days, which was higher than the 30.16% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $80.25, while its 200-day Moving Average is $81.49. Nevertheless, the first resistance level for the watch stands at $80.58 in the near term. At $81.07, the stock is likely to face the second major resistance level. The third major resistance level sits at $82.00. If the price goes on to break the first support level at $79.16, it is likely to go to the next support level at $78.23. Should the price break the second support level, the third support level stands at $77.74.

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

Market capitalization of the company is 4.47 billion based on 55,859K outstanding shares. Right now, sales total 3,821 M and income totals 258,590 K. The company made 928,480 K in profit during its latest quarter, and 46,620 K in sales during its previous quarter.