MSC Industrial Direct Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

MSC Industrial Direct Co., Inc. MSM will release its first-quarter financial results, before the opening bell, on Wednesday, Jan. 8, 2025.

Analysts expect the Melville, New York-based company to report quarterly earnings at 73 cents per share, down from $1.25 per share in the year-ago period. MSC Industrial Direct projects quarterly revenue of $904.59 million, compared to $953.97 million a year earlier, according to data from Benzinga Pro.

On Dec. 18, MSC Industrial Supply announced that its board has declared a cash dividend of 85 cents per share.

MSC Industrial Direct shares fell 1.9% to close at $74.80 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• Stephens & Co. analyst Tommy Moll downgraded the stock from Overweight to Equal-Weight with a price target of $85 on Dec. 4. This analyst has an accuracy rate of 79%.
• Baird analyst David Manthey maintained a Neutral rating and increased the price target from $84 to $91 on Oct. 16. This analyst has an accuracy rate of 79%.
• Loop Capital analyst Chris Dankert maintained a Hold rating and cut the price target from $80 to $75 on July 3. This analyst has an accuracy rate of 74%.
• Keybanc analyst Ken Newman downgraded the stock from Overweight to Sector Weight on June 17. This analyst has an accuracy rate of 74%.

Considering buying MSM stock? Here’s what analysts think:

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