Mine Safety Appliances Rating Increased to Neutral at Zacks (MSA)
Mine Safety Appliances (NYSE:MSA) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report issued on Thursday, StockRatingsNetwork.com reports. The firm currently has a $52.20 price target on the stock. Zacks‘ target price indicates a potential upside of 1.93% from the company’s current price.
Shares of Mine Safety Appliances (NYSE:MSA) traded down 1.54% during mid-day trading on Thursday, hitting $50.42. The stock had a trading volume of 46,735 shares. Mine Safety Appliances has a 52-week low of $43.04 and a 52-week high of $55.38. The stock has a 50-day moving average of $49.31 and a 200-day moving average of $50.11. The company has a market cap of $1.875 billion and a P/E ratio of 23.49.
Mine Safety Appliances (NYSE:MSA) last released its earnings data on Wednesday, October 23rd. The company reported $0.57 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.69 by $0.12. The company had revenue of $278.00 million for the quarter, compared to the consensus estimate of $298.91 million. During the same quarter in the previous year, the company posted $0.52 earnings per share. The company’s revenue for the quarter was down 2.9% on a year-over-year basis.
Mine Safety Appliances Company is engaged in the development, manufacture and supply of products that protect people’s health and safety.
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