MSC Industrial Direct Co Stock (NYSE: MSM)

Dernières nouvelles pour MSC Industrial Direct Co (NYSE:MSM) Stock

MSC Industrial Direct Co

MSC Industrial Direct is one of the largest industrial distributors with a focus on metalworking and maintenance, repair, and operations products and services. The company offers over 2 million products through its distribution network, which has 11 fulfillment centers. Although MSC has a presence in Canada, Mexico, and the United Kingdom, it primarily operates in the United States. In fiscal 2023, 95% of the firm's $4.0 billion of sales was generated in the US.

MSC Industrial Direct Company, Inc. Common Stock

MSC Industrial Direct Co Inc

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Grid Metals Corp

MATSUMOTOKIYOSHI HLDG ORD by Matsumotokiyoshi Holdings Co., Ltd.

MatsukiyoCocokara & Co

ETF Series Solutions McElhenny Sheffield Managed Risk ETF

MATSUI CONSTRUCTION CO by MATSUI CONSTRUCTION CO LTD.

MC Endeavors Inc

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the industrials sector.
<h3 class="wp-block-heading">MSC Industrial Direct Co., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>)</h3>
<ul>
<li>Dividend Yield: 4.04%</li>
<li>Baird analyst David Manthey maintained a Neutral rating and raised the price target from $84 to $91 on Oct. 16. This analyst has an accuracy rate of 82%.</li>
<li>Loop Capital analyst Chris Dankert maintained a Hold rating and cut the price target from $80 to $75 on July 3. This analyst has an accuracy rate of 78%.</li>
<li>Recent News: On Oct. 24, MSC Industrial Direct Company reported fourth-quarter results. Net sales declined 8.0% year-over-year to $952.3 million, missing the consensus of $959.7 million..</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1">latest MSM news</a> </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="892" height="837" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22074709/image-242.png" alt="" class="wp-image-660841" style="width:725px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22074709/image-242.png 892w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22074709/image-242-300x282.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22074709/image-242-768x721.png 768w" sizes="(max-width: 892px) 100vw, 892px" /></a></figure>
<h3 class="wp-block-heading">Stanley Black &amp; Decker, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SWK#NYSE">SWK</a>)</h3>
<ul>
<li>Dividend Yield: 3.74%</li>
<li>Morgan Stanley analyst Chris Snyder maintained an Equal-Weight rating and cut the price target from $107 to $98 on Oct. 30. This analyst has an accuracy rate of 74%.</li>
<li>Goldman Sachs analyst Joe Ritchie maintained a Neutral rating and raised the price target from $94 to $107 on Oct. 10. This analyst has an accuracy rate of 75%.</li>
<li>Recent News: On Nov. 20, Stanley Black &amp; Decker issued a strategic update, reaffirming its FY24 earnings guidance of $3.90-$4.30 per share.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1">latest SWK news</a> </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="898" height="835" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22074755/image-243.png" alt="" class="wp-image-660844" style="width:665px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22074755/image-243.png 898w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22074755/image-243-300x279.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22074755/image-243-768x714.png 768w" sizes="(max-width: 898px) 100vw, 898px" /></a></figure>
<h3 class="wp-block-heading">United Parcel Service, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>)</h3>
<ul>
<li>Dividend Yield: 4.96%</li>
<li>Citigroup analyst Ariel Rosa maintained a Buy rating and cut the price target from $163 to $158 on Nov. 12. This analyst has an accuracy rate of 76%.</li>
<li>JP Morgan analyst Brian Osssenbeck maintained a Neutral rating and cut the price target from $140 to $139 on Oct. 25. This analyst has an accuracy rate of 73%.</li>
<li>Recent News: On Oct. 24, United Parcel Service reported better-than-expected third-quarter financial results.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the trend in <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1">UPS stock</a>. </li>
</ul>
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="1024" height="481" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22074858/image-244-1024x481.png" alt="" class="wp-image-660848" style="width:645px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22074858/image-244-1024x481.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22074858/image-244-300x141.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22074858/image-244-768x361.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22074858/image-244-1536x721.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22074858/image-244.png 1842w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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News

Dividends

Price Target

Pre-Market Outlook

Markets

Analyst Ratings

Trading Ideas

Wall Street's Most Accurate Analysts Give Their Take On 3 Industrials Stocks With Over 3% Dividend Yields

Making a noteworthy insider sell on November 14, Philip Peller, Board Member at MSC Industrial Direct Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>), is reported in the latest SEC filing.
What Happened: According to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001003078/000100307824000155//Archives/edgar/data/1003078/000100307824000155/0001003078-24-000155-index.htm">U.S. Securities and Exchange Commission</a> on Thursday, Peller sold 900 shares of MSC Industrial Direct Co. The total transaction value is $80,163.
During Friday's morning session, MSC Industrial Direct Co shares down by 0.0%, currently priced at $85.45.
<h3>About MSC Industrial Direct Co</h3>
MSC Industrial Direct is one of the largest industrial distributors with a focus on metalworking and maintenance, repair, and operations products and services. The company offers over 2 million products through its distribution network, which has 11 fulfillment centers. Although MSC has a presence in Canada, Mexico, and the United Kingdom, it primarily operates in the United States. In fiscal 2023, 95% of the firm's $4.0 billion of sales was generated in the US.
<h3>MSC Industrial Direct Co: A Financial Overview</h3>
Revenue Challenges: MSC Industrial Direct Co's revenue growth over 3 months faced difficulties. As of 31 August, 2024, the company experienced a decline of approximately -8.03%. This indicates a decrease in top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Interpreting Earnings Metrics:
<ul>
<li>
Gross Margin: The company excels with a remarkable gross margin of 41.02%, indicating superior cost efficiency and profitability compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, MSC Industrial Direct Co exhibits below-average bottom-line performance with a current EPS of 0.99.
</li>
</ul>
Debt Management: MSC Industrial Direct Co's debt-to-equity ratio is below the industry average at 0.41, reflecting a lower dependency on debt financing and a more conservative financial approach.
Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 18.66 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 1.26 is lower than the industry average, implying a discounted valuation for MSC Industrial Direct Co's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): MSC Industrial Direct Co's EV/EBITDA ratio at 11.78 suggests potential undervaluation, falling below industry averages.
</li>
</ul>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
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<h3>Exploring the Significance of Insider Trading</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>Cracking Transaction Codes</h3>
When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001003078">Check Out The Full List Of MSC Industrial Direct Co's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Board Member At MSC Industrial Direct Co Sells $80K Of Stock

Making a noteworthy insider sell on November 12, Erik Gershwind, Chief Executive Officer at MSC Industrial Direct Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>), is reported in the latest SEC filing.
What Happened: Gershwind's decision to sell 50,000 shares of MSC Industrial Direct Co was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001003078/000100307824000153//Archives/edgar/data/1003078/000100307824000153/0001003078-24-000153-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The total value of the sale is $4,518,000.
The latest update on Wednesday morning shows MSC Industrial Direct Co shares up by 0.96%, trading at $89.6.
<h3>Get to Know MSC Industrial Direct Co Better</h3>
MSC Industrial Direct is one of the largest industrial distributors with a focus on metalworking and maintenance, repair, and operations products and services. The company offers over 2 million products through its distribution network, which has 11 fulfillment centers. Although MSC has a presence in Canada, Mexico, and the United Kingdom, it primarily operates in the United States. In fiscal 2023, 95% of the firm's $4.0 billion of sales was generated in the US.
<h3>Key Indicators: MSC Industrial Direct Co's Financial Health</h3>
Revenue Growth: MSC Industrial Direct Co's revenue growth over a period of 3 months has faced challenges. As of 31 August, 2024, the company experienced a revenue decline of approximately -8.03%. This indicates a decrease in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 41.02%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): MSC Industrial Direct Co's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.99.
</li>
</ul>
Debt Management: MSC Industrial Direct Co's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.41.
Evaluating Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 19.56, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 1.32 is lower than the industry average, implying a discounted valuation for MSC Industrial Direct Co's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio of 12.29 trails industry averages, indicating a potential disparity in market valuation that could be advantageous for investors.
</li>
</ul>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
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<h3>Why Insider Activity Matters in Finance</h3>
It's important to note that insider transactions alone should not dictate investment decisions, but they can provide valuable insights.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>Transaction Codes To Focus On</h3>
Navigating through the landscape of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, precisely detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001003078">Check Out The Full List Of MSC Industrial Direct Co's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

MSC Industrial Direct Co Recent Insider Activity

WIIM

CTOS

DNOW

DSGR

HEES

TITN

TRNS

XMTR

Shares of industrial distribution companies are trading higher. Investors may be weighing the potential impact of Donald Trump's policies on the sector.

JP Morgan analyst Patrick Baumann maintains MSC Industrial Direct Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) with a Neutral and lowers the price target from $87 to $73.

JP Morgan Maintains Neutral on MSC Industrial Direct Co, Lowers Price Target to $73

MSC Industrial Direct Company, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) shares are trading lower on Thursday after the company reported <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/n41511871/msc-industrial-supply-co-reports-fiscal-2024-fourth-quarter-and-full-year-results" rel="noreferrer noopener">fourth-quarter results</a>.
Net sales declined 8.0%&nbsp;year-over-year to&nbsp;$952.3&nbsp;million,&nbsp;missing the&nbsp;consensus of&nbsp;$959.7 million.
Average daily sales fell&nbsp;4.7%&nbsp;for the fiscal year due to continued softness in the heavy manufacturing markets, where the company has significant exposure and headwinds from non-repeating orders in the prior year.
Adjusted operating income for the quarter declined&nbsp;27.8% to&nbsp;$94.2 million, with the operating margin compressing to&nbsp;9.9%&nbsp;from&nbsp;12.6%&nbsp;a year ago.
Adjusted EPS of&nbsp;$1.03, down&nbsp;37.2%&nbsp;from the prior year, missed&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">the consensus of&nbsp;$1.08</a>.
As of August 31, the company held $29.6 million in cash and cash equivalents. 
On October 10, MSC Industrial raised the cash dividend per share to<a href="https://www.benzinga.com/pressreleases/24/10/n41282198/msc-industrial-supply-co-declares-increase-in-regular-quarterly-dividend" target="_blank" rel="noreferrer noopener"> $0.85 from $0.83</a>. The dividend will be payable on November 27 to shareholders on record as of November 13.
Outlook: MSC Industrial expects first-quarter ADS to decline 5.5% &#8211; 4.5% and anticipates an adjusted operating margin of&nbsp;7.0% &#8211; 7.5%.
For FY25, the company expects free cash flow conversion of ~100% and capital expenditures<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener"> of&nbsp;~$100 million &#8211; $110 million</a>.
Kristen Actis-Grande, Executive Vice President and Chief Financial Officer, said, &#8220;Near-term visibility remains limited underpinned by uncertainty stemming from the upcoming election and sluggish customer activity levels entering the holiday season. However, we witnessed various improvements for the fiscal year that are leading indicators for future profitability and growth.&#8221;
Investors can gain exposure to the stock via First Trust RBA American Industrial Renaissance ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRR#NASDAQ">AIRR</a>) and ALPS O&#8217;Shares U.S. Small-Cap Quality Dividend ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/OUSM#BATS">OUSM</a>).
Price Action: MSM shares are down 4.49% at $77.21 at the last check Thursday.
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Earnings

Equities

Guidance

Movers

AIRR

O'Shares FTSE Russell Small Cap Quality Dividend ETF

OUSM

MSC Industrial Q4 Misses Consensus, Net Sales Fall 8% Amid Heavy Manufacturing Weakness

<table border="0" cellpadding="1" cellspacing="0">
<tbody>
<tr>
<td colspan="2" rowspan="1">
First Quarter&nbsp;Fiscal 2025 Financial&nbsp;Outlook
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
ADS Growth (YoY)
</td>
<td colspan="1" rowspan="1">
(5.5)% - (4.5)%
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Adjusted Operating Margin1
</td>
<td colspan="1" rowspan="1">
7.0%&nbsp;-&nbsp;7.5%
</td>
</tr>
</tbody>
</table>
Full-Year Fiscal 2025&nbsp;Outlook&nbsp;for Certain Financial Metrics
<ul>
<li>Depreciation and amortization expense of&nbsp;~$90M-$95M</li>
<li>Interest and other expense of&nbsp;~$45M</li>
<li>Capital expenditures of&nbsp;~$100M-$110M</li>
<li>Free cash flow conversion1&nbsp;of ~100%</li>
<li>Tax rate of ~24.5%-25.0%</li>
</ul>
<table border="0" cellpadding="1" cellspacing="0">
<tbody>
<tr>
<td colspan="1" rowspan="1">
(1)&nbsp;Guidance&nbsp;provided is a non-GAAP figure presented on an adjusted basis. For further details see the Non-GAAP financial measures information presented in the schedules accompanying this press release.
</td>
</tr>
</tbody>
</table>

MSC Industrial Supply For Q1 2025 Expects ADS Growth Of (5.5)% - (4.5)%;  Adjusted Operating Margin Of 7.0%-7.5%

MSC Industrial Direct Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) reported quarterly earnings of $1.03 per share which missed the analyst consensus estimate of $1.08 by 4.63 percent. This is a 37.2 percent decrease over earnings of $1.64 per share from the same period last year. The company reported quarterly sales of $952.300 million which missed the analyst consensus estimate of $959.726 million by 0.77 percent. This is a 7.99 percent decrease over sales of $1.035 billion the same period last year.

Earnings Misses

MSC Industrial Direct Co Q4 2024 Adj. EPS $1.03 Misses $1.08 Estimate, Sales $952.300M Miss $959.726M Estimate

MSC Industrial Direct Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) is preparing to release its quarterly earnings on Thursday, 2024-10-24. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect MSC Industrial Direct Co to report an earnings per share (EPS) of $1.08.
MSC Industrial Direct Co bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
The company's EPS missed by $0.01 in the last quarter, leading to a 1.89% drop in the share price on the following day.
Here's a look at MSC Industrial Direct Co's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.34</td>
<td>1.16</td>
<td>1.31</td>
<td>1.62</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.33</td>
<td>1.18</td>
<td>1.25</td>
<td>1.64</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-2.0%</td>
<td>-2.0%</td>
<td>-0.0%</td>
<td>1.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1729695651_0_0.png" alt="eps graph" />
<h3>Performance of MSC Industrial Direct Co Shares</h3>
Shares of MSC Industrial Direct Co were trading at $80.57 as of October 22. Over the last 52-week period, shares are up 44.65%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<h3>Analyst Observations about MSC Industrial Direct Co</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on MSC Industrial Direct Co.
The consensus rating for MSC Industrial Direct Co is Neutral, based on 1 analyst ratings. With an average one-year price target of $91.0, there's a potential 12.95% upside.
<h3>Peer Ratings Comparison</h3>
In this analysis, we delve into the analyst ratings and average 1-year price targets of Air Lease, GATX and Boise Cascade, three key industry players, offering insights into their relative performance expectations and market positioning.
<ul>
<li>The consensus outlook from analysts is an Outperform trajectory for Air Lease, with an average 1-year price target of $53.0, indicating a potential 34.22% downside.</li>
<li>As per analysts' assessments, GATX is favoring an Neutral trajectory, with an average 1-year price target of $140.0, suggesting a potential 73.76% upside.</li>
<li>Boise Cascade received a Buy consensus from analysts, with an average 1-year price target of $143.75, implying a potential 78.42% upside.</li>
</ul>
<h3>Key Findings: Peer Analysis Summary</h3>
Within the peer analysis summary, vital metrics for Air Lease, GATX and Boise Cascade are presented, shedding light on their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>MSC Industrial Direct Co</td>
<td>Neutral</td>
<td>-7.12%</td>
<td>$400.45M</td>
<td>5.14%</td>
</tr>
<tr>
<td>Air Lease</td>
<td>Outperform</td>
<td>-0.83%</td>
<td>$195.30M</td>
<td>1.24%</td>
</tr>
<tr>
<td>GATX</td>
<td>Neutral</td>
<td>12.67%</td>
<td>$182.60M</td>
<td>1.90%</td>
</tr>
<tr>
<td>Boise Cascade</td>
<td>Buy</td>
<td>-0.97%</td>
<td>$356.99M</td>
<td>4.92%</td>
</tr>
</tbody>
</table>

Key Takeaway:
MSC Industrial Direct Co ranks in the middle among its peers based on consensus ratings. It is at the bottom for revenue growth, with a negative percentage. In terms of gross profit, it is at the top among its peers. However, its return on equity is in the middle compared to others.
<h3>Delving into MSC Industrial Direct Co's Background</h3>
MSC Industrial Direct is one of the largest industrial distributors with a focus on metalworking and maintenance, repair, and operations products and services. The company offers over 2 million products through its distribution network, which has 11 fulfillment centers. Although MSC has a presence in Canada, Mexico, and the United Kingdom, it primarily operates in the United States. In fiscal 2023, 95% of the firm's $4.0 billion of sales was generated in the US.
<h3>MSC Industrial Direct Co's Financial Performance</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Challenges: MSC Industrial Direct Co's revenue growth over 3 months faced difficulties. As of 31 May, 2024, the company experienced a decline of approximately -7.12%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 7.32%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): MSC Industrial Direct Co's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 5.14% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): MSC Industrial Direct Co's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.89% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: With a below-average debt-to-equity ratio of 0.41, MSC Industrial Direct Co adopts a prudent financial strategy, indicating a balanced approach to debt management.
<a href="https://www.benzinga.com/quote/MSM/earnings">To track all earnings releases for MSC Industrial Direct Co visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Preview For MSC Industrial Direct Co

Baird analyst David Manthey maintains MSC Industrial Direct Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) with a Neutral and raises the price target from $84 to $91.

Baird Maintains Neutral on MSC Industrial Direct Co, Raises Price Target to $91

The&nbsp;dividend is payable on&nbsp;November 27, 2024&nbsp;to shareholders of record at the close of business on&nbsp;November 13, 2024.

MSC Industrial Supply Boosts Quarterly Cash Dividend From $0.83 To $0.85 Per Share

Martina McIsaac to assume responsibility of MSC's day-to-day operations
Erik Gershwind to sharpen focus on MSC's strategy, growth planning and organizational development
MELVILLE, N.Y. and DAVIDSON, N.C., Sept. 24, 2024 /PRNewswire/ -- MSC INDUSTRIAL SUPPLY CO. (NYSE:<a href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>),&nbsp;a premier distributor of Metalworking and Maintenance, Repair and Operations supplies to industrial customers throughout&nbsp;North America, today announced the promotion of Martina McIsaac to President and Chief Operating Officer, effective September 23, 2024.

Management

MSC Industrial Supply Co. Announces Promotion Of Martina Mcisaac To President And Chief Operating Officer, Effective September 23, 2024

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>LUV</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$30.00</td>
<td>$30.0K</td>
<td>41.1K</td>
<td>6.6K</td>
</tr>
<tr>
<td>BA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$200.00</td>
<td>$28.2K</td>
<td>6.7K</td>
<td>292</td>
</tr>
<tr>
<td>SPXC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$165.00</td>
<td>$40.0K</td>
<td>0</td>
<td>100</td>
</tr>
<tr>
<td>GE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$170.00</td>
<td>$28.1K</td>
<td>2.0K</td>
<td>96</td>
</tr>
<tr>
<td>MMM</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$145.00</td>
<td>$31.9K</td>
<td>210</td>
<td>63</td>
</tr>
<tr>
<td>UBER</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$90.00</td>
<td>$89.0K</td>
<td>596</td>
<td>50</td>
</tr>
<tr>
<td>MSM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$85.00</td>
<td>$33.6K</td>
<td>93</td>
<td>45</td>
</tr>
<tr>
<td>DE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$380.00</td>
<td>$25.3K</td>
<td>59</td>
<td>28</td>
</tr>
<tr>
<td>EMR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$90.00</td>
<td>$45.2K</td>
<td>157</td>
<td>20</td>
</tr>
<tr>
<td>NOC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$210.00</td>
<td>$30.4K</td>
<td>3</td>
<td>1</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding LUV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>), we observe a call option trade with bullish sentiment. It expires in 24 day(s) on September 20, 2024. Parties traded 500 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $60.0 per contract. There were 41193 open contracts at this strike prior to today, and today 6619 contract(s) were bought and sold. 
• Regarding BA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>), we observe a call option trade with bullish sentiment. It expires in 143 day(s) on January 17, 2025. Parties traded 50 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $28.2K, with a price of $565.0 per contract. There were 6739 open contracts at this strike prior to today, and today 292 contract(s) were bought and sold. 
• For SPXC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPXC#NYSE">SPXC</a>), we notice a call option trade that happens to be bearish, expiring in 52 day(s) on October 18, 2024. This event was a transfer of 100 contract(s) at a $165.00 strike. The total cost received by the writing party (or parties) was $40.0K, with a price of $400.0 per contract. There were 0 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold. 
• For GE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>), we notice a put option sweep that happens to be bearish, expiring in 24 day(s) on September 20, 2024. This event was a transfer of 73 contract(s) at a $170.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $28.1K, with a price of $385.0 per contract. There were 2081 open contracts at this strike prior to today, and today 96 contract(s) were bought and sold. 
• For MMM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>), we notice a call option trade that happens to be neutral, expiring in 297 day(s) on June 20, 2025. This event was a transfer of 40 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $31.9K, with a price of $798.0 per contract. There were 210 open contracts at this strike prior to today, and today 63 contract(s) were bought and sold. 
• Regarding UBER (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>), we observe a put option trade with bearish sentiment. It expires in 143 day(s) on January 17, 2025. Parties traded 50 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $89.0K, with a price of $1780.0 per contract. There were 596 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold. 
• Regarding MSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>), we observe a call option sweep with bearish sentiment. It expires in 206 day(s) on March 21, 2025. Parties traded 66 contract(s) at a $85.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $33.6K, with a price of $510.0 per contract. There were 93 open contracts at this strike prior to today, and today 45 contract(s) were bought and sold. 
• For DE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>), we notice a call option sweep that happens to be bullish, expiring in 297 day(s) on June 20, 2025. This event was a transfer of 7 contract(s) at a $380.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $25.3K, with a price of $3629.0 per contract. There were 59 open contracts at this strike prior to today, and today 28 contract(s) were bought and sold. 
• Regarding EMR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMR#NYSE">EMR</a>), we observe a call option trade with bullish sentiment. It expires in 507 day(s) on January 16, 2026. Parties traded 20 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $45.2K, with a price of $2260.0 per contract. There were 157 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold. 
• For NOC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>), we notice a call option trade that happens to be bearish, expiring in 507 day(s) on January 16, 2026. This event was a transfer of 1 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $30.4K, with a price of $30490.0 per contract. There were 3 open contracts at this strike prior to today, and today 1 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

SPXC

UBER

10 Industrials Stocks Whale Activity In Today's Session

Revealing a significant insider sell on July 18, Kimberly Shacklett, SVP at MSC Industrial Direct Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>), as per the latest SEC filing.
What Happened: According to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001003078/000100307824000078//Archives/edgar/data/1003078/000100307824000078/0001003078-24-000078-index.htm">U.S. Securities and Exchange Commission</a> on Thursday, Shacklett sold 4,885 shares of MSC Industrial Direct Co. The total transaction value is $413,251.
At Friday morning, MSC Industrial Direct Co shares are down by 0.0%, trading at $84.14.
<h3>Unveiling the Story Behind MSC Industrial Direct Co</h3>
MSC Industrial Direct is one of the largest industrial distributors with a focus on metalworking and maintenance, repair, and operations products and services. The company offers over 2 million products through its distribution network, which has 11 fulfillment centers. Although MSC has a presence in Canada, Mexico, and the United Kingdom, it primarily operates in the United States. In fiscal 2023, 95% of the firm's $4.0 billion of sales was generated in the US.
<h3>MSC Industrial Direct Co: Delving into Financials</h3>
Negative Revenue Trend: Examining MSC Industrial Direct Co's financials over 3 months reveals challenges. As of 29 February, 2024, the company experienced a decline of approximately -2.73% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: With a high gross margin of 41.55%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, MSC Industrial Direct Co exhibits below-average bottom-line performance with a current EPS of 1.1.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.44, MSC Industrial Direct Co adopts a prudent financial strategy, indicating a balanced approach to debt management.
Understanding Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 16.37 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 1.22 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a lower-than-industry-average EV/EBITDA ratio of 10.83, MSC Industrial Direct Co presents a potential value opportunity, as investors are paying less for each unit of EBITDA.
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
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<h3>Exploring the Significance of Insider Trading</h3>
It's important to note that insider transactions alone should not dictate investment decisions, but they can provide valuable insights.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Important Transaction Codes</h3>
Surveying the realm of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often give prominence to those unfolding in the open market, systematically detailed in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001003078">Check Out The Full List Of MSC Industrial Direct Co's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Kimberly Shacklett Implements A Sell Strategy: Offloads $413K In MSC Industrial Direct Co Stock

Disclosed on July 18, Kimberly Shacklett, SVP at MSC Industrial Direct Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>), executed a substantial insider sell as per the latest SEC filing.
What Happened: According to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001003078/000100307824000078//Archives/edgar/data/1003078/000100307824000078/0001003078-24-000078-index.htm">U.S. Securities and Exchange Commission</a> on Thursday, Shacklett sold 4,885 shares of MSC Industrial Direct Co. The total transaction value is $413,251.
Tracking the Thursday's morning session, MSC Industrial Direct Co shares are trading at $85.02, showing a down of 0.0%.
<h3>Unveiling the Story Behind MSC Industrial Direct Co</h3>
MSC Industrial Direct is one of the largest industrial distributors with a focus on metalworking and maintenance, repair, and operations products and services. The company offers over 2 million products through its distribution network, which has 11 fulfillment centers. Although MSC has a presence in Canada, Mexico, and the United Kingdom, it primarily operates in the United States. In fiscal 2023, 95% of the firm's $4.0 billion of sales was generated in the US.
<h3>Breaking Down MSC Industrial Direct Co's Financial Performance</h3>
Negative Revenue Trend: Examining MSC Industrial Direct Co's financials over 3 months reveals challenges. As of 29 February, 2024, the company experienced a decline of approximately -2.73% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Evaluating Earnings Performance:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 41.55%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, MSC Industrial Direct Co exhibits below-average bottom-line performance with a current EPS of 1.1.
</li>
</ul>
Debt Management: MSC Industrial Direct Co's debt-to-equity ratio is below the industry average. With a ratio of 0.44, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 16.54 is lower than the industry average, implying a discounted valuation for MSC Industrial Direct Co's stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 1.23, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 10.93, MSC Industrial Direct Co's EV/EBITDA ratio reflects a below-par valuation compared to industry averages signalling undervaluation
</li>
</ul>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
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<h3>Why Insider Transactions Are Important</h3>
In the complex landscape of investment decisions, investors should approach insider transactions as part of a comprehensive analysis, considering various elements.
In the realm of legality, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock.
Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors.
<h3>The Insider's Guide to Important Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001003078">Check Out The Full List Of MSC Industrial Direct Co's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Decision: Kimberly Shacklett Offloads $413K Worth Of MSC Industrial Direct Co Stock

Loop Capital analyst Chris Dankert maintains MSC Industrial Direct Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) with a Hold and lowers the price target from $80 to $75.

Loop Capital Maintains Hold on MSC Industrial Direct Co, Lowers Price Target to $75

During the last three months, 5 analysts shared their evaluations of MSC Industrial Direct Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>), revealing diverse outlooks from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $89.8, with a high estimate of $110.00 and a low estimate of $80.00. This current average has decreased by 9.75% from the previous average price target of $99.50. 
<img src="https://www.benzinga.com/files/images/story/2024/1720018861_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The perception of MSC Industrial Direct Co by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Patrick Baumann</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$80.00</td>
<td>$81.00</td>
</tr>
<tr>
<td>Chris Dankert</td>
<td>Loop Capital</td>
<td>Announces</td>
<td>Hold</td>
<td>$80.00</td>
<td>-</td>
</tr>
<tr>
<td>Tommy Moll</td>
<td>Stephens &amp; Co.</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$110.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>David Manthey</td>
<td>Baird</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$84.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>David Manthey</td>
<td>Baird</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$95.00</td>
<td>$112.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to MSC Industrial Direct Co. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of MSC Industrial Direct Co compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for MSC Industrial Direct Co's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of MSC Industrial Direct Co's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/MSM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on MSC Industrial Direct Co analyst ratings.</a>
<h2>Get to Know MSC Industrial Direct Co Better</h2>
MSC Industrial Direct is one of the largest industrial distributors with a focus on metalworking and maintenance, repair, and operations products and services. The company offers over 2 million products through its distribution network, which has 11 fulfillment centers. Although MSC has a presence in Canada, Mexico, and the United Kingdom, it primarily operates in the United States. In fiscal 2023, 95% of the firm's $4.0 billion of sales was generated in the US.
<h3>MSC Industrial Direct Co: Financial Performance Dissected</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Challenges: MSC Industrial Direct Co's revenue growth over 3 months faced difficulties. As of 29 February, 2024, the company experienced a decline of approximately -2.73%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: MSC Industrial Direct Co's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 6.61%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): MSC Industrial Direct Co's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 4.46%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): MSC Industrial Direct Co's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.48%, the company showcases efficient use of assets and strong financial health.
Debt Management: MSC Industrial Direct Co's debt-to-equity ratio is below the industry average. With a ratio of 0.44, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>How Are Analyst Ratings Determined?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Forecasting The Future: 5 Analyst Projections For MSC Industrial Direct Co

JP Morgan analyst Patrick Baumann maintains MSC Industrial Direct Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) with a Neutral and lowers the price target from $81 to $80.

JP Morgan Maintains Neutral on MSC Industrial Direct Co, Lowers Price Target to $80

U.S. equities were little moved on Tuesday as investors continued to assess the potential for interest rate cuts following the latest economic data and comments from <a href="https://www.benzinga.com/markets/bonds/24/07/39600702/fed-chair-powell-warns-of-unsustainable-us-debt-path-downplays-risks-of-possible-trump-attacks-on-c">Fed Chair Jerome Powell.</a>
Speaking at the European Central Bank (ECB) forum in Portugal, Powell welcomed recent progress on disinflation and noted that the labor market is &#8220;appropriately cooling,&#8221; reinforcing market expectations for reduced borrowing costs later this year. He anticipates inflation to be between 2% and 2.5% by this time next year but did not commit to a specific course of action.
Powell also highlighted the unsustainable trajectory of the U.S. national debt, labeling it a &#8220;top-level issue&#8221; for policymakers at Capitol Hill.
On the data front, the Job Openings and Labor Turnover Survey (JOLTS) report revealed a surge of 221,000 job vacancies, reaching 8.14 million in May and surpassing the forecast of 7.91 million.
Traders are now looking ahead to further crucial labor market data, including the private ADP employment report on Wednesday and the official June employment situation on Friday.
Indices and sectors traded within narrow ranges, with only a few standout performers. Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) made headlines, soaring over 9% as second-quarter deliveries exceeded market expectations. The EV giant, led by Elon Musk, delivered 443,956 vehicles in the second quarter, marking a 4.8% decrease from the previous year but surpassing estimates of 438,019 vehicles.
Treasury yields remained mostly unchanged, with the 10-year yield at 4.45%. Commodities showed little movement as well, with West Texas Intermediate (WTI) light crude trading flat at $83.50 and gold dipping by 0.3%.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) declined by 1.6%, falling below $62,000.
<h1 class="wp-block-heading">Tuesday&#8217;s Performance In Major US Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,895.50</td>
<td>0.4%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,484.20</td>
<td>0.2%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>201.12</td>
<td>0.0%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>39,118.69</td>
<td>-0.1%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:05 p.m. ET</figcaption></figure>
<h1 class="wp-block-heading">According to&nbsp;<a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent070224&amp;t=be2bearmibe3na1">Benzinga Pro&nbsp;data:</a></h1>
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;was 0.2% higher to $546.40.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;was 0.1% lower to $391.26.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust&nbsp;(ARCA:&nbsp;<a href="https://www.benzinga.com/quote/qqq" target="_blank" rel="noreferrer noopener"></a><a href="https://www.benzinga.com/quote/qqq" target="_blank" rel="noreferrer noopener"></a>QQQ) was 0.5% higher to $484.63.</li>
<li>Sector-wise, the&nbsp;Consumer Discretionary&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>)&nbsp;outperformed, up by 1.5%, aided by Tesla&#8217;s remarkable rally, while the&nbsp;Health Care Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>) lagged, falling 0.7%.</li>
</ul>

<h1 class="wp-block-heading">Tuesday&#8217;s Stock Movers</h1>
<ul>
<li>R1 RCM Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCM#NASDAQ">RCM</a>) tumbled 15.2% after New Mountain Capital announced it was no longer interested in a joint acquisition of R1 with TCP/ASC and reduced its proposed takeover offer.</li>
<li>Insurance technology company Roadzen Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RDZN#NASDAQ">RDZN</a>) skyrocketed 75%, notching the highest one-day rally since inception, in reaction to the company&#8217;s quarterly earnings. </li>
<li>Other companies reacting to earnings were MSC Industrial Direct Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) and Radius Recycling Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RDUS#NASDAQ">RDUS</a>) down over 8%, </li>
</ul>
Read Now: • <a href="https://www.benzinga.com/etfs/specialty-etfs/24/07/39600380/oil-prices-near-3-month-high-at-84-as-record-us-travel-demand-hurricane-season-impact-supply">Oil Prices Near 3-Month High At $84 As Record US Travel Demand, Hurricane Season Impact Supply</a>

Photo: Shutterstock

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Select Sector SPDR-Consumer Discretionary

Stocks Hold Steady As Powell Reassures On Disinflation Path, Warns About Debt Risks; Tesla Rallies, Job Openings Spike: What's Driving Markets Tuesday?

MSC Industrial Direct Co., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) reported third-quarter FY24 net sales decline of 7.1% Y/Y to $979.4 million,&nbsp;missing the <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/n39591464/msc-industrial-supply-co-reports-fiscal-2024-third-quarter-results" rel="noreferrer noopener">consensus of $1.014 billion</a>.
Adjusted EPS of $1.33, down 23.6% Y/Y, missed&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">the consensus of $1.50</a>.
This compares to preliminary results announced last month for net sales of $978 million-$980 million and<a target="_blank" href="https://www.benzinga.com/pressreleases/24/06/n39322080/msc-industrial-supply-co-provides-preliminary-fiscal-third-quarter-results-and-updates-outlook-for" rel="noreferrer noopener"> adjusted EPS of $1.32-$1.34</a>.
Average daily sales fell 7.1% Y/Y due to non-recurring Public Sector orders from the previous year and weakness in manufacturing sectors.
Adjusted operating income declined 19.6% to $111.5 million, with the operating margin compressing to 11.4% from 13.1% a year ago. As of June 1, 2024, the company held $25.9 million in cash and equivalents. 
Erik&nbsp;Gershwind, President and Chief Executive Officer, said, &#8220;As announced on&nbsp;June 13th, we began the second half of our fiscal year with unexpected gross margin pressure and a slower than expected recovery in average daily sales, particularly within our Core customer base. As a result, our&nbsp;third quarter&nbsp;performance was below expectations and led to a revised full year&nbsp;outlook.&#8221;&nbsp;
Last month, MSC Industrial declared cash dividend of $0.83 per share, payable on July 23, 2024, to shareholders of record <a target="_blank" href="https://www.benzinga.com/pressreleases/24/06/n39491064/msc-industrial-supply-co-declares-regular-quarterly-dividend" rel="noreferrer noopener">as of July 9, 2024</a>.
<a target="_blank" href="https://www.benzinga.com/news/earnings/24/01/36554973/why-msc-industrial-shares-are-sinking-today" rel="noreferrer noopener">FY24 Outlook</a>: MSC Industrial continues to see FY24 ADS growth of (4.7)% &#8211; (4.3)%, an adjusted operating margin of 10.5%&nbsp;&#8211;&nbsp;10.7%, and operating cash flow conversion of&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">more than 125%</a>.
While announcing its preliminary financial results last month, the company revised down its ADS Growth outlook from 0% &#8211; 5% to (4.7)% &#8211; (4.3)% and adjusted operating margin guidance from 12.0% &#8211; 12.8% to 10.5% &#8211; 10.7%.
Price Action: MSM shares are trading higher by 0.05% at $78.27 at the last check Tuesday.

Mid Cap

Manufacturing Slump Hurts MSC Industrial: Q3 Disappoints On Weak Demand

MSC Industrial Direct Q4 2024 Earnings Preview

Here's the major earnings before the open tomorrow

Reports Q4 revenue $952.3M, consensus $959.73M. Erik Gershwind, CEO, said, "During our fiscal fourth quarter, we made important progress in our Mis...

MSC Industrial reports Q4 adjusted EPS $1.03, consensus $1.08

MSC Industrial Direct Co., Inc. 2024 Q4 - Results - Earnings Call Presentation

MSC Industrial Direct Co., Inc. (MSM) Q4 2024 Earnings Call Transcript

Msc Industrial Direct (MSM) has disclosed a new risk, in the Technology category. Msc Industrial Direct faces notable risks associated with the exp...

Msc Industrial Direct's Digital Expansion: Navigating Risks and Opportunities

In a report released yesterday, David Manthey from Robert W. Baird maintained a Hold rating on MSC Industrial (MSM – Research Report), with a price...

MSC Industrial: Hold Rating Amid Short-Term Challenges and Long-Term Potential

J.P. Morgan analyst Patrick Baumann maintained a Hold rating on MSC Industrial (MSM – Research Report) yesterday and set a price target of $73.00. ...

J.P. Morgan Remains a Hold on MSC Industrial (MSM)

Shares soar among industrial distributors after Trump victory

High quality 'SMID-cap' stocks with cyclical exposure – MS

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Press Releases

MSC STRENGTHENS REGIONAL PRESENCE AND VALUE PROPOSITION THROUGH THE ACQUISITIONS OF APTEX AND PREMIER TOOL GRINDING

MSC INDUSTRIAL SUPPLY CO. REPORTS FISCAL 2024 THIRD QUARTER RESULTS

MSC INDUSTRIAL SUPPLY CO. EARNS 2024 GREAT PLACE TO WORK CERTIFICATION™

MSC INDUSTRIAL SUPPLY CO. ELECTS ROB AARNES TO BOARD OF DIRECTORS AS AN INDEPENDENT MEMBER

MSC Showcases Company's Ability to Drive Meaningful Savings for Customers Through Expertise and Critical Role in Metalworking at IMTS

MSC INDUSTRIAL SUPPLY CO. TO WEBCAST REVIEW OF FISCAL 2024 FOURTH QUARTER AND FULL YEAR RESULTS

MSC INDUSTRIAL SUPPLY CO. ANNOUNCES PROMOTION OF MARTINA MCISAAC TO PRESIDENT AND CHIEF OPERATING OFFICER

MSC INDUSTRIAL SUPPLY CO. DECLARES INCREASE IN REGULAR QUARTERLY DIVIDEND

MSC INDUSTRIAL SUPPLY CO. REPORTS FISCAL 2024 FOURTH QUARTER AND FULL YEAR RESULTS

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