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MSC Industrial Direct Co (NYSE:MSM)‘s stock had its “outperform” rating reiterated by stock analysts at Raymond James in a report issued on Thursday. They currently have a $95.00 price objective on the stock, down from their previous price objective of $100.00. Raymond James’ target price would suggest a potential upside of 7.47% from the stock’s previous close.

MSC Industrial Direct Co (NYSE:MSM) traded down 0.66% on Thursday, hitting $88.40. 580,280 shares of the company’s stock traded hands. MSC Industrial Direct Co has a one year low of $74.87 and a one year high of $96.62. The stock has a 50-day moving average of $93.3 and a 200-day moving average of $88.02. The company has a market cap of $5.509 billion and a price-to-earnings ratio of 24.80.

MSC Industrial Direct Co (NYSE:MSM) last issued its quarterly earnings data on Wednesday, July 9th. The company reported $1.06 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $1.06. The company had revenue of $720.50 million for the quarter, compared to the consensus estimate of $727.35 million. During the same quarter in the prior year, the company posted $1.05 earnings per share. The company’s quarterly revenue was up 13.1% on a year-over-year basis. Analysts expect that MSC Industrial Direct Co will post $3.96 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, July 22nd. Shareholders of record on Tuesday, July 8th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend is Thursday, July 3rd.

A number of other analysts have also recently weighed in on MSM. Analysts at Barclays reiterated an “equal weight” rating on shares of MSC Industrial Direct Co in a research note on Thursday. They now have a $89.00 price target on the stock, down previously from $90.00. Separately, analysts at Robert W. Baird reiterated a “neutral” rating on shares of MSC Industrial Direct Co in a research note on Thursday. They now have a $96.00 price target on the stock, down previously from $98.00. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of MSC Industrial Direct Co in a research note on Friday, April 11th. They now have a $97.00 price target on the stock, up previously from $90.00. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. MSC Industrial Direct Co presently has an average rating of “Hold” and an average price target of $93.88.

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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