MSC Industrial Direct Company, with ticker code (MSM) have now 5 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 104 and 89 calculating the mean target price we have $96.80. Now with the previous closing price of $89.95 this would indicate that there is a potential upside of 7.6%. The 50 day moving average now sits at $84.53 and the 200 moving average now moves to $81.52. The total market capitalization for the company now stands at $5,097m. Company Website: https://www.mscdirect.com
The potential market cap would be $5,486m based on the market consensus.
MSC Industrial Direct Co.., 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 channelsluding 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.. was founded in 1941 and is headquartered in Melville, New York.
The company has a dividend yield of 3.51% with the ex dividend date set at 10-4-2023 (DMY).
Other points of data to note are a P/E ratio of 14.05, revenue per share of 69.79 and a 12.61% return on assets.
