In the past week, MSM stock has gone down by -2.23%, with a monthly decline of -6.05% and a quarterly plunge of -5.63%. The volatility ratio for the week is 1.93%, and the volatility levels for the last 30 days are 2.05% for MSC Industrial Direct Co., Inc.. The simple moving average for the past 20 days is -2.85% for MSM’s stock, with a -8.81% simple moving average for the past 200 days.
Is It Worth Investing in MSC Industrial Direct Co., Inc. (NYSE: MSM) Right Now?
The price-to-earnings ratio for MSC Industrial Direct Co., Inc. (NYSE: MSM) is 15.71x, which is above its average ratio. Moreover, the 36-month beta value for MSM is 0.84. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 3 as “overweight,” 13 as “hold,” and 0 as “sell.”
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The public float for MSM is 43.94M and currently, short sellers hold a 4.98% of that float. On October 24, 2024, MSM’s average trading volume was 570.04K shares.
MSM) stock’s latest price update
MSC Industrial Direct Co., Inc. (NYSE: MSM)’s stock price has soared by 0.34 in relation to previous closing price of 80.57. Nevertheless, the company has seen a loss of -2.23% in its stock price over the last five trading days. zacks.com reported 2024-10-17 that MSC Industrial (MSM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Analysts’ Opinion of MSM
Many brokerage firms have already submitted their reports for MSM stocks, with Loop Capital repeating the rating for MSM by listing it as a “Hold.” The predicted price for MSM in the upcoming period, according to Loop Capital is $80 based on the research report published on June 17, 2024 of the current year 2024.
Robert W. Baird gave a rating of “Neutral” to MSM, setting the target price at $95 in the report published on May 29th of the current year.
MSM Trading at -1.45% from the 50-Day Moving Average
After a stumble in the market that brought MSM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.83% of loss for the given period.
Volatility was left at 2.05%, however, over the last 30 days, the volatility rate increased by 1.93%, as shares sank -3.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.86% upper at present.
During the last 5 trading sessions, MSM fell by -2.23%, which changed the moving average for the period of 200-days by -15.46% in comparison to the 20-day moving average, which settled at $83.21. In addition, MSC Industrial Direct Co., Inc. saw -20.17% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MSM starting from Shacklett Kimberly, who sale 4,885 shares at the price of $84.60 back on Jul 17 ’24. After this action, Shacklett Kimberly now owns 12,897 shares of MSC Industrial Direct Co., Inc., valued at $413,251 using the latest closing price.
JACOBSON MITCHELL, the Director of MSC Industrial Direct Co., Inc., sale 24,501 shares at $99.31 during a trade that took place back on Jan 31 ’24, which means that JACOBSON MITCHELL is holding 1,683,810 shares at $2,433,295 based on the most recent closing price.
Stock Fundamentals for MSM
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.41 for the gross margin
The net margin for MSC Industrial Direct Co., Inc. stands at 0.07. The total capital return value is set at 0.23. Equity return is now at value 20.10, with 11.63 for asset returns.
Based on MSC Industrial Direct Co., Inc. (MSM), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at 0.83. The debt to equity ratio resting at 0.38. The interest coverage ratio of the stock is 18.03.
Currently, EBITDA for the company is 561.76 million with net debt to EBITDA at 1.07. When we switch over and look at the enterprise to sales, we see a ratio of 1.3. The receivables turnover for the company is 9.3for trailing twelve months and the total asset turnover is 1.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.08.
Conclusion
To wrap up, the performance of MSC Industrial Direct Co., Inc. (MSM) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
