Equities research analysts forecast that MSA Safety Incorporporated (NYSE:MSA) will announce $295.08 million in sales for the current quarter, according to Zacks. Four analysts have issued estimates for MSA Safety Incorporporated’s earnings. The lowest sales estimate is $290.73 million and the highest is $300.50 million. MSA Safety Incorporporated reported sales of $278.23 million in the same quarter last year, which would suggest a positive year over year growth rate of 6.1%. The business is expected to report its next earnings results on Thursday, October 26th.

According to Zacks, analysts expect that MSA Safety Incorporporated will report full-year sales of $295.08 million for the current financial year, with estimates ranging from $1.17 billion to $1.19 billion. For the next financial year, analysts forecast that the company will report sales of $1.28 billion per share, with estimates ranging from $1.24 billion to $1.32 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of analysts that that provide coverage for MSA Safety Incorporporated.

MSA Safety Incorporporated (NYSE:MSA) last posted its quarterly earnings data on Thursday, August 3rd. The industrial products company reported $0.85 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.87 by $0.02. MSA Safety Incorporporated had a net margin of 6.74% and a return on equity of 19.64%. The firm had revenue of $288.78 million during the quarter, compared to analysts’ expectations of $302.94 million. During the same quarter last year, the business posted $0.79 EPS. The company’s quarterly revenue was down 2.4% on a year-over-year basis.

A number of research analysts recently weighed in on MSA shares. Stifel Nicolaus increased their price objective on shares of MSA Safety Incorporporated from $81.00 to $91.00 and gave the company a “buy” rating in a research report on Monday, May 22nd. 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 research report on Tuesday, May 2nd. BidaskClub downgraded shares of MSA Safety Incorporporated from a “buy” rating to a “hold” rating in a research report on Friday, June 23rd. Robert W. Baird increased their price objective on shares of MSA Safety Incorporporated from $82.00 to $84.00 and gave the company an “outperform” rating in a research report on Friday, June 30th. Finally, Barrington Research increased their price objective on shares of MSA Safety Incorporporated from $78.00 to $88.00 and gave the company an “outperform” rating in a research report on Thursday, April 27th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. MSA Safety Incorporporated currently has a consensus rating of “Hold” and a consensus target price of $87.50.

Shares of MSA Safety Incorporporated (NYSE MSA) traded down 0.74% during midday trading on Friday, hitting $66.16. 290,894 shares of the stock traded hands. MSA Safety Incorporporated has a 52 week low of $53.10 and a 52 week high of $84.86. The company’s 50-day moving average is $77.99 and its 200 day moving average is $74.99. The firm has a market capitalization of $2.52 billion, a PE ratio of 33.33 and a beta of 1.62.

The firm also recently announced a quarterly dividend, which will be paid on Sunday, September 10th. Shareholders of record on Wednesday, August 16th will be issued a dividend of $0.35 per share. The ex-dividend date is Monday, August 14th. This represents a $1.40 dividend on an annualized basis and a yield of 2.12%. MSA Safety Incorporporated’s dividend payout ratio is currently 71.07%.

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Hedge funds have recently made changes to their positions in the stock. BlackRock Inc. boosted its stake in shares of MSA Safety Incorporporated by 2.4% in the second quarter. BlackRock Inc. now owns 3,269,220 shares of the industrial products company’s stock worth $265,362,000 after buying an additional 76,591 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of MSA Safety Incorporporated by 3.9% in the second quarter. Vanguard Group Inc. now owns 3,179,874 shares of the industrial products company’s stock worth $258,111,000 after buying an additional 119,428 shares in the last quarter. State Street Corp boosted its stake in shares of 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 worth $148,317,000 after buying an additional 1,133,038 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of MSA Safety Incorporporated by 10.7% in the second quarter. Bank of New York Mellon Corp now owns 1,287,775 shares of the industrial products company’s stock worth $104,529,000 after buying an additional 124,825 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its stake in shares of MSA Safety Incorporporated by 96.4% in the second quarter. Principal Financial Group Inc. now owns 851,097 shares of the industrial products company’s stock worth $69,084,000 after buying an additional 417,796 shares in the last quarter. 64.29% of the stock is owned by institutional investors and hedge funds.

About MSA Safety Incorporporated

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.

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

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