Share on StockTwits

MSC Industrial Direct Co (NYSE:MSM) CFO Jeffrey Kaczka sold 4,952 shares of the stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $88.39, for a total value of $437,707.28. Following the sale, the chief financial officer now directly owns 13,916 shares in the company, valued at approximately $1,230,035. The sale was disclosed in a document filed with the SEC, which is available at this link.

Shares of MSC Industrial Direct Co (NYSE:MSM) traded down 1.14% on Friday, hitting $87.80. The stock had a trading volume of 312,647 shares. MSC Industrial Direct Co has a 52-week low of $74.87 and a 52-week high of $96.62. The stock’s 50-day moving average is $89.11 and its 200-day moving average is $88.58. The company has a market cap of $5.480 billion and a P/E ratio of 24.40.

MSC Industrial Direct Co (NYSE:MSM) last released its earnings data on Wednesday, July 9th. The company reported $1.06 earnings per share for the quarter, meeting the analysts’ 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 last year, the company posted $1.05 earnings per share. MSC Industrial Direct Co’s revenue was up 13.1% compared to the same quarter last year. On average, analysts predict that MSC Industrial Direct Co will post $3.95 earnings per share for the current fiscal year.

MSM has been the subject of a number of recent research reports. Analysts at Raymond James reiterated an “outperform” rating on shares of MSC Industrial Direct Co in a research note on Thursday, July 10th. 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, July 10th. 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, July 10th. They now have a $96.00 price target on the stock, down previously from $98.00. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. MSC Industrial Direct Co presently has a consensus rating of “Buy” and a consensus price target of $95.38.

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.