For its first fiscal quarter (ending March 31), MSA Safety Inc (NYSE: MSA) has reported E.P.S. of $1.48 compared to $-3.83 a year ago. This performance was $-0.13 short of the consensus estimate of $1.61. E.P.S. were $6.79 for the latest four quarters through March 31 versus $-0.16 for the same period a year ago.
Recent Price Action
MSA Safety Inc (NYSE: MSA) stock closed at $188.04 on 4/29/24 after a slight decline of -0.4%. Moreover, trading volume in this decline was unusually high at 171% of normal. The stock has risen 1.4% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, MSA is expected to continue to be a major Value Builder.
MSA Safety 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 very contradictory signals. MSA Safety has a very low Appreciation Score of 14 but a slightly positive Power Rating of 61, resulting in 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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