MSC Industrial Direct Co Inc. (NYSE: MSM) has reported E.P.S. of $1.10 for its second fiscal quarter (ending February 28) versus $1.42 for the same period a year ago. E.P.S. were $5.60 for the latest four quarters through February 28 versus $6.51 for the same period a year ago.
Recent Price Action
MSC Industrial Direct Co Inc. (NYSE: MSM) stock declined by -2.5% on 3/28/24. The shares closed at $97.04. Moreover, exceptionally high trading volume at 213% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -0.8% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, MSM is expected to continue to be a major Value Builder.
MSC Industrial Direct has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. MSC Industrial Direct has a poor Appreciation Score of 22 but a slightly positive Power Rating of 65, leading to the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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