MSC Industrial Direct Co. Inc. (NYSE:MSM) previous close was $84.72 while the outstanding shares total 55.66M. The firm has a beta of 1.10, a 12-month trailing P/E ratio of 20.76, and a growth ratio of 3.26. MSM’s shares traded lower over the last trading session, losing -1.36% on 02/16/21. The shares fell to a low of $83.57 before closing at $83.57. Intraday shares traded counted 0.28 million, which was 34.55% higher than its 30-day average trading volume of 421.99K. The stock’s Relative Strength Index (RSI) is 51.39, with weekly volatility at 2.39% and ATR at 2.49. The MSM stock’s 52-week price range has touched low of $43.12 and a $87.84 high.
Investors have identified the Industrial Distribution company MSC Industrial Direct Co. Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $4.65 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
MSC Industrial Direct Co. Inc. (MSM) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 1.15 billion total, with 513.99 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 5.03 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on MSM sounds very interesting.
Is the stock of MSM attractive?
In related news, SVP, PRODUCT MANAGEMENT, POLLI GREGORY sold 15,569 shares of the company’s stock in a transaction that recorded on Feb 12. The sale was performed at an average price of 84.44, for a total value of 1,314,607. As the sale deal closes, the SVP, GC and Corp. Secy., Armstrong Steve now sold 3,595 shares of the company’s stock, valued at 311,056. Also, Director, PELLER PHILIP sold 1,789 shares of the company’s stock in a deal that was recorded on Feb 08. The shares were price at an average price of 86.82 per share, with a total market value of 155,323. Following this completion of acquisition, the Senior VP and CIO, Bonomo Charles now holds 4,298 shares of the company’s stock, valued at 361,072. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.00%.
1 out of 13 analysts covering the stock have rated it a Buy, while 11 have maintained a Hold recommendation on MSC Industrial Direct Co. Inc.. 0 analysts has assigned a Sell rating on the MSM stock. The 12-month mean consensus price target for the company’s shares has been set at $89.86.