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MSC Industrial Direct (NYSE:MSM) has earned a consensus recommendation of “Buy” from the thirteen brokerages that are covering the stock, Analyst Ratings.Net reports. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $89.26.

MSC Industrial Direct (NYSE:MSM) traded up 0.91% during mid-day trading on Thursday, hitting $80.92. 132,539 shares of the company’s stock traded hands. MSC Industrial Direct has a 1-year low of $74.87 and a 1-year high of $89.36. The stock’s 50-day moving average is $83.63 and its 200-day moving average is $80.38. The company has a market cap of $5.028 billion and a price-to-earnings ratio of 21.80.

MSC Industrial Direct (NYSE:MSM) last posted its quarterly earnings results on Wednesday, January 8th. The company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.04. The company had revenue of $678.50 million for the quarter, compared to the consensus estimate of $673.54 million. During the same quarter in the prior year, the company posted $1.01 earnings per share. The company’s quarterly revenue was up 17.5% on a year-over-year basis. Analysts expect that MSC Industrial Direct will post $4.00 EPS for the current fiscal year.

MSM has been the subject of a number of recent research reports. Analysts at Jefferies Group upgraded shares of MSC Industrial Direct from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, January 14th. Separately, analysts at Barclays raised their price target on shares of MSC Industrial Direct from $78.00 to $83.00 in a research note to investors on Thursday, January 9th. They now have an “equal weight” rating on the stock. Finally, analysts at Robert W. Baird raised their price target on shares of MSC Industrial Direct from $87.00 to $89.00 in a research note to investors on Thursday, January 9th.

MSC Industrial Direct Co, Inc (NYSE:MSM) is direct marketers and distributors of a range of metalworking and maintenance, repair and operations (MRO) products to customers throughout the United States.

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