Analysts expect that MSA Safety Incorporporated (NYSE:MSA) will report $328.76 million in sales for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for MSA Safety Incorporporated’s earnings, with the highest sales estimate coming in at $331.30 million and the lowest estimate coming in at $324.75 million. MSA Safety Incorporporated reported sales of $296.03 million in the same quarter last year, which indicates a positive year over year growth rate of 11.1%. The company is scheduled to announce its next earnings report on Thursday, February 22nd.

On average, analysts expect that MSA Safety Incorporporated will report full-year sales of $328.76 million for the current financial year, with estimates ranging from $1.17 billion to $1.19 billion. For the next year, analysts expect that the firm will post sales of $1.30 billion per share, with estimates ranging from $1.29 billion to $1.32 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that cover MSA Safety Incorporporated.

MSA Safety Incorporporated (NYSE:MSA) last issued its quarterly earnings data on Thursday, October 19th. The industrial products company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.79 by $0.13. MSA Safety Incorporporated had a net margin of 7.32% and a return on equity of 20.52%. The firm had revenue of $296.13 million for the quarter, compared to analyst estimates of $298.47 million. During the same period in the prior year, the business posted $0.72 EPS. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year.

Several equities research analysts recently issued reports on MSA shares. BidaskClub cut shares of MSA Safety Incorporporated from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Robert W. Baird lifted their price target 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. Zacks Investment Research cut shares of MSA Safety Incorporporated from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th. Barrington Research reaffirmed a “market perform” rating on shares of MSA Safety Incorporporated in a research report on Monday. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $91.00 price target on shares of MSA Safety Incorporporated in a research report on Friday, August 4th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. MSA Safety Incorporporated has an average rating of “Hold” and an average target price of $89.33.

MSA Safety Incorporporated (MSA) opened at 81.33 on Wednesday. The firm has a market capitalization of $3.11 billion, a price-to-earnings ratio of 40.97 and a beta of 1.64. MSA Safety Incorporporated has a one year low of $55.00 and a one year high of $85.80. The stock has a 50 day moving average of $76.84 and a 200 day moving average of $76.82.

In other news, VP Markus H. Weber sold 5,811 shares of the business’s stock in a transaction on Wednesday, September 13th. The shares were sold at an average price of $72.80, for a total transaction of $423,040.80. Following the transaction, the vice president now directly owns 15,950 shares of the company’s stock, valued at $1,161,160. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Markus H. Weber sold 2,300 shares of the business’s stock in a transaction on Wednesday, August 30th. The stock was sold at an average price of $71.08, for a total transaction of $163,484.00. Following the transaction, the vice president now directly owns 13,801 shares in the company, valued at $980,975.08. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 49,724 shares of company stock worth $3,642,145. 11.47% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Principal Financial Group Inc. lifted its position in shares of MSA Safety Incorporporated by 96.4% during the second quarter. Principal Financial Group Inc. now owns 851,097 shares of the industrial products company’s stock worth $69,084,000 after purchasing an additional 417,796 shares in the last quarter. BlackRock Inc. lifted its position in shares of MSA Safety Incorporporated by 20,572.3% during the first quarter. BlackRock Inc. now owns 3,192,629 shares of the industrial products company’s stock worth $225,685,000 after purchasing an additional 3,177,185 shares in the last quarter. Chicago Equity Partners LLC acquired a new position in shares of MSA Safety Incorporporated during the second quarter worth $1,098,000. Prudential Financial Inc. lifted its position in shares of MSA Safety Incorporporated by 36.6% during the first quarter. Prudential Financial Inc. now owns 27,652 shares of the industrial products company’s stock worth $1,955,000 after purchasing an additional 7,410 shares in the last quarter. Finally, Parametrica Management Ltd lifted its position in shares of MSA Safety Incorporporated by 92.4% during the second quarter. Parametrica Management Ltd now owns 5,743 shares of the industrial products company’s stock worth $466,000 after purchasing an additional 2,758 shares in the last quarter. 66.49% of the stock is currently owned by institutional investors and hedge funds.

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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.

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

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