MSC Industrial Direct Co Inc. (NYSE: MSM) stock closed at $75.84 on 6/14/24 after a major decline of -10.4%. Moreover, this decline was accompanied by exceptionally high trading volume at 524% of normal. Relative to the market the stock has been weak over the last nine months and has declined -10.9% during the last week.
Current PriceTarget Research Rating
With future capital returns 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. MSC Industrial Direct has a slightly negative Power Rating of 35 and a poor Appreciation Score of 30, resulting in the Negative Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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