MSA Safety Incorporporated (NYSE:MSA) – Research analysts at Seaport Global Securities lifted their FY2018 EPS estimates for MSA Safety Incorporporated in a research report issued to clients and investors on Monday. Seaport Global Securities analyst W. Liptak now forecasts that the industrial products company will post earnings per share of $3.71 for the year, up from their previous estimate of $3.59.

Other research analysts also recently issued research reports about the stock. Stifel Nicolaus restated a “buy” rating and set a $91.00 price objective on shares of MSA Safety Incorporporated in a report on Friday. Zacks Investment Research upgraded shares of MSA Safety Incorporporated from a “hold” rating to a “buy” rating and set a $87.00 price objective on the stock in a report on Tuesday, May 2nd. BidaskClub downgraded shares of MSA Safety Incorporporated from a “buy” rating to a “hold” rating in a report on Friday, June 23rd. Robert W. Baird upped their price objective on shares of MSA Safety Incorporporated from $82.00 to $84.00 and gave the stock an “outperform” rating in a report on Friday, June 30th. Finally, Barrington Research upped their price objective on shares of MSA Safety Incorporporated from $78.00 to $88.00 and gave the stock an “outperform” rating in a report on Thursday, April 27th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $87.50.

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MSA Safety Incorporporated (NYSE:MSA) traded down 0.54% on Tuesday, reaching $72.00. 73,337 shares of the company were exchanged. The stock has a market capitalization of $2.73 billion, a P/E ratio of 29.10 and a beta of 1.62. MSA Safety Incorporporated has a 12-month low of $53.10 and a 12-month high of $84.86. The company’s 50-day moving average price is $80.37 and its 200-day moving average price is $74.92.

MSA Safety Incorporporated (NYSE:MSA) last released its earnings results on Thursday, August 3rd. The industrial products company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $0.87 by $0.02. The business had revenue of $288.78 million during the quarter, compared to the consensus estimate of $302.94 million. MSA Safety Incorporporated had a net margin of 6.74% and a return on equity of 19.61%. The firm’s revenue for the quarter was down 2.4% on a year-over-year basis. During the same period last year, the business posted $0.79 EPS.

Hedge funds have recently bought and sold shares of the company. BlackRock Inc. raised its position in MSA Safety Incorporporated by 20,572.3% in the first quarter. BlackRock Inc. now owns 3,192,629 shares of the industrial products company’s stock valued at $225,685,000 after buying an additional 3,177,185 shares during the last quarter. State Street Corp raised its position in MSA Safety Incorporporated by 117.4% in the first quarter. State Street Corp now owns 2,098,154 shares of the industrial products company’s stock valued at $148,317,000 after buying an additional 1,133,038 shares during the last quarter. SG Capital Management LLC bought a new position in MSA Safety Incorporporated during the second quarter valued at $25,020,000. Vanguard Group Inc. raised its position in MSA Safety Incorporporated by 8.8% in the first quarter. Vanguard Group Inc. now owns 3,060,446 shares of the industrial products company’s stock valued at $216,344,000 after buying an additional 247,532 shares during the last quarter. Finally, Norges Bank bought a new position in MSA Safety Incorporporated during the fourth quarter valued at $14,834,000. Hedge funds and other institutional investors own 64.29% of the company’s stock.

In other news, Director L Edward Shaw, Jr. sold 26,250 shares of the company’s stock in a transaction on Friday, May 12th. The shares were sold at an average price of $78.07, for a total value of $2,049,337.50. Following the completion of the sale, the director now owns 493,962 shares in the company, valued at approximately $38,563,613.34. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director L Edward Shaw, Jr. sold 47,888 shares of the company’s stock in a transaction on Thursday, May 11th. The stock was sold at an average price of $77.96, for a total transaction of $3,733,348.48. Following the completion of the sale, the director now owns 495,035 shares of the company’s stock, valued at approximately $38,592,928.60. The disclosure for this sale can be found here. Corporate insiders own 11.47% of the company’s stock.

The company also recently announced a quarterly dividend, which will be paid on Sunday, September 10th. Stockholders of record on Wednesday, August 16th will be paid a $0.35 dividend. The ex-dividend date is Monday, August 14th. This represents a $1.40 annualized dividend and a dividend yield of 1.93%. MSA Safety Incorporporated’s payout ratio is 71.07%.

MSA Safety Incorporporated Company Profile

Mine Safety Appliances Company is engaged in the development, manufacture and supply of products that protect people’s health and safety. The Company’s line of safety products is used by workers worldwide in the fire service, homeland security, oil and gas, construction and other industries, as well as the military.

Earnings History and Estimates for MSA Safety Incorporporated (NYSE:MSA)

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