$1.40 EPS Expected for MSC Industrial Direct Co., Inc. (MSM)

June 10, 2018 - By Ash

MSC Industrial Direct Co., Inc. (NYSE:MSM) LogoInvestors sentiment increased to 1.17 in 2018 Q1. Its up 0.29, from 0.88 in 2017Q4. It is positive, as 22 investors sold MSC Industrial Direct Co., Inc. shares while 93 reduced holdings. 49 funds opened positions while 86 raised stakes. 39.03 million shares or 3.17% less from 40.30 million shares in 2017Q4 were reported.
Voya Investment Mgmt Ltd Company invested in 0% or 13,386 shares. Qci Asset Mgmt New York holds 0% of its portfolio in MSC Industrial Direct Co., Inc. (NYSE:MSM) for 10 shares. Commonwealth Of Pennsylvania School Empls Retrmt Systems stated it has 0.02% in MSC Industrial Direct Co., Inc. (NYSE:MSM). Acadian Asset Management Ltd Limited Liability Company reported 0% stake. Vanguard Grp reported 4.19 million shares stake. Cipher Limited Partnership has invested 0.04% in MSC Industrial Direct Co., Inc. (NYSE:MSM). Texas Yale has invested 0.02% in MSC Industrial Direct Co., Inc. (NYSE:MSM). 17,449 are owned by Stevens Capital Management L P. Envestnet Asset Mgmt owns 8,900 shares for 0% of their portfolio. Freestone Cap Holdings Llc invested in 22,598 shares or 0.12% of the stock. Quantitative Systematic Strategies Limited Liability Corp owns 0.05% invested in MSC Industrial Direct Co., Inc. (NYSE:MSM) for 2,392 shares. Sg Cap Mgmt Limited Liability Corp accumulated 64,187 shares. Schroder Invest Mngmt Gru reported 0.15% in MSC Industrial Direct Co., Inc. (NYSE:MSM). Guggenheim Cap Ltd Co reported 0% stake. 2,952 were accumulated by Neuberger Berman Gru Ltd.

Since January 11, 2018, it had 0 insider buys, and 22 sales for $94.60 million activity. The insider JACOBSON MITCHELL sold $834,828. KELLY DENIS F also sold $96,759 worth of MSC Industrial Direct Co., Inc. (NYSE:MSM) shares. Davanzo Christopher sold 12,046 shares worth $1.13 million. $2.17 million worth of MSC Industrial Direct Co., Inc. (NYSE:MSM) shares were sold by Jones Douglas E. On Tuesday, May 22 the insider Heerdt Kari D sold $49,643. The insider Armstrong Steve sold $667,684.

Analysts expect MSC Industrial Direct Co., Inc. (NYSE:MSM) to report $1.40 EPS on July, 11.They anticipate $0.31 EPS change or 28.44 % from last quarter’s $1.09 EPS. MSM’s profit would be $79.08M giving it 16.68 P/E if the $1.40 EPS is correct. After having $1.34 EPS previously, MSC Industrial Direct Co., Inc.’s analysts see 4.48 % EPS growth. The stock increased 0.65% or $0.6 during the last trading session, reaching $93.39. About 397,558 shares traded. MSC Industrial Direct Co., Inc. (NYSE:MSM) has risen 7.48% since June 10, 2017 and is uptrending. It has underperformed by 5.09% the S&P500.

MSC Industrial Direct Co., Inc. (NYSE:MSM) Ratings Coverage

Among 12 analysts covering MSC Industrial Direct Co. (NYSE:MSM), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. MSC Industrial Direct Co. had 21 analyst reports since December 15, 2017 according to SRatingsIntel. The stock has “Hold” rating by Robert W. Baird on Wednesday, January 10. As per Wednesday, January 10, the company rating was maintained by Stephens. As per Tuesday, April 10, the company rating was maintained by Susquehanna. The firm earned “Hold” rating on Friday, March 16 by Gabelli. The stock of MSC Industrial Direct Co., Inc. (NYSE:MSM) has “Buy” rating given on Tuesday, January 9 by Credit Suisse. The company was upgraded on Friday, December 15 by Northcoast. Stephens maintained MSC Industrial Direct Co., Inc. (NYSE:MSM) on Tuesday, April 10 with “Buy” rating. The stock has “Hold” rating by BMO Capital Markets on Monday, April 9. The rating was downgraded by Raymond James on Thursday, January 4 to “Outperform”. The firm earned “Hold” rating on Tuesday, April 10 by Robert W. Baird.

MSC Industrial Direct Co., Inc., together with its subsidiaries, markets and distributes various ranges of metalworking and maintenance, repair, and activities products primarily in the United States, Canada, and the United Kingdom. The company has market cap of $5.28 billion. The companyÂ’s MRO products comprise cutting tools, measuring instruments, tooling components, metalworking products, fasteners, flat stock, raw materials, abrasives, machinery hand and power tools, safety and janitorial supplies, plumbing supplies, materials handling products, power transmission components, and electrical supplies. It has a 17.69 P/E ratio. It offers approximately 1,000,000 stock-keeping units through its master catalogs; weekly, monthly, and quarterly specialty and promotional catalogs; brochures; and the Internet, such as its Websites comprising mscdirect.com and use-enco.com.

More news for MSC Industrial Direct Co., Inc. (NYSE:MSM) were recently published by: Prnewswire.com, which released: “MSC Industrial Supply Co. Recognizes Norton Saint-Gobain Abrasives, Sandvik Coromant, Parker Hannifin With …” on May 23, 2018. Globenewswire.com‘s article titled: “New Research Coverage Highlights Cerus, Health Insurance Innovations, Tetra Tech, Ferro, Dril-Quip, and MSC …” and published on May 15, 2018 is yet another important article.

MSC Industrial Direct Co., Inc. (NYSE:MSM) Institutional Positions Chart

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