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Shares of MSC Industrial Direct Co (NYSE:MSM) have been given an average rating of “Hold” by the ten brokerages that are covering the company, Analyst Ratings News reports. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $93.88.

A number of analysts have recently weighed in on MSM shares. Analysts at Raymond James reiterated an “outperform” rating on shares of MSC Industrial Direct Co in a research note on Thursday. They now have a $95.00 price target on the stock, down previously from $100.00. Separately, 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. Finally, 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.

MSC Industrial Direct Co (NYSE:MSM) opened at 88.53 on Thursday. MSC Industrial Direct Co has a 1-year low of $74.87 and a 1-year high of $96.62. The stock has a 50-day moving average of $93.29 and a 200-day moving average of $88.07. The company has a market cap of $5.526 billion and a P/E ratio of 24.29.

MSC Industrial Direct Co (NYSE:MSM) last announced its earnings results 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. On average, analysts predict that MSC Industrial Direct Co will post $3.95 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, July 22nd. Investors 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.

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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