MSC Industrial Direct Co Inc. (NYSE: MSM) has reported earnings for its third fiscal quarter (ending May 31) of $1.28 versus $1.70 for the same period a year ago. For the latest four quarters through May 31, E.P.S. were $5.17 compared to $6.43 a year ago.
Recent Price Action
MSC Industrial Direct Co Inc. (NYSE: MSM) stock enjoyed a large increase of 2.3% on 7/2/24. The stock closed at $80.02. Moreover, this advance was accompanied by exceptionally high trading volume at 350% of normal. The stock has been weak relative to the market over the last nine months and has declined -0.7% 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 F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. MSC Industrial Direct has a slightly negative Power Rating of 33 and a poor Appreciation Score of 28, triggering the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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