MSC Industrial Direct Co., Inc [MSM] stock prices are down -0.64% to $89.60 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MSM shares have gain 9.19% over the last week, with a monthly amount glided 7.95%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
MSC Industrial Direct Co., Inc [NYSE: MSM] stock has seen the most recent analyst activity on June 17, 2024, when Loop Capital downgraded its rating to a Hold but kept the price target unchanged to $80 for it. Previously, KeyBanc Capital Markets downgraded its rating to Sector Weight on June 17, 2024. On May 29, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $95 on the stock. Loop Capital upgraded its rating to a Buy and increased its price target to $124 on October 09, 2023. William Blair downgraded its rating to Mkt Perform for this stock on June 30, 2022, but kept the price target unchanged to $67. In a note dated August 03, 2021, Loop Capital initiated an Hold rating and provided a target price of $92 on this stock.
The stock price of MSC Industrial Direct Co., Inc [MSM] has been fluctuating between $75.05 and $104.76 over the past year. Currently, Wall Street analysts expect the stock to reach $105.71 within the next 12 months. MSC Industrial Direct Co., Inc [NYSE: MSM] shares were valued at $89.60 at the most recent close of the market. An investor can expect a potential return of 17.98% based on the average MSM price forecast.
Analyzing the MSM fundamentals
The MSC Industrial Direct Co., Inc [NYSE:MSM] reported sales of 3.82B for trailing twelve months, representing a drop of -8.03%. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.19 and Total Capital is 0.22. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.37.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 88.81 points at the first support level, and at 88.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 90.25, and for the 2nd resistance point, it is at 90.91.
Ratios To Look Out For
It’s worth pointing out that MSC Industrial Direct Co., Inc [NYSE:MSM]’s Current Ratio is 1.96. Further, the Quick Ratio stands at 0.90, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 1.31, the price to book ratio is 3.60 and price to earnings (TTM) ratio is 19.56.
Transactions by insiders
Recent insider trading involved GERSHWIND ERIK, Chief Executive Officer, that happened on Nov 11 ’24 when 50000.0 shares were sold. Director, GERSHWIND ERIK completed a deal on Nov 11 ’24 to buy 100000.0 shares. Meanwhile, SVP, Sales & Customer Success Shacklett Kimberly sold 4885.0 shares on Jul 17 ’24.
