MSC Industrial Direct Company, with ticker code (MSM) now have 5 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 105 and 89 and has a mean target at $98.40. Given that the stocks previous close was at $88.27 this would imply there is now a potential upside of 11.5%. The 50 day MA is $84.90 and the 200 day moving average is $81.92. The market cap for the company is $4,935m. You can visit the company’s website by visiting: https://www.mscdirect.com
The potential market cap would be $5,502m based on the market consensus.
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 2.1 million stock-keeping units through its catalogs and brochures; e-commerce channels, including its Website, mscdirect.com; inventory management solutions; and customer care centers, customer fulfillment centers, regional inventory centers, and warehouses. It operates through a distribution network of 6 customer fulfilment centers, 10 regional inventory centers, and 38 warehouses. 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.
The company has a dividend yield of 3.58% with the ex dividend date set at 10-4-2023 (DMY).
Other points of data to note are a P/E ratio of 13.6, revenue per share of 69.79 and a 12.61% return on assets.
