For its fourth fiscal quarter (ending August 31), MSC Industrial Direct Co Inc. (NYSE: MSM) has reported a -37% decline in E.P.S. from $1.57 a year ago to $0.99 in the current quarter. For the latest four quarters through August 31, E.P.S. were $4.60 compared to $6.14 a year ago — a decline of -25%.
Recent Price Action
On 10/24/24, MSC Industrial Direct Co Inc. (NYSE: MSM) stock declined by -3.8%, closing at $77.79. Moreover, exceptionally high trading volume at 343% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -5.9% 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 F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. MSC Industrial Direct has a slightly negative Power Rating of 30 and a poor Appreciation Score of 30, with the Lowest Value Trend Rating the result.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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