Forecasting The Future: 5 Analyst Projections For MSC Industrial Direct Co

During the last three months, 5 analysts shared their evaluations of MSC Industrial Direct Co MSM, revealing diverse outlooks from bullish to bearish.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $89.8, with a high estimate of $110.00 and a low estimate of $80.00. This current average has decreased by 9.75% from the previous average price target of $99.50.

Interpreting Analyst Ratings: A Closer Look

The perception of MSC Industrial Direct Co by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to MSC Industrial Direct Co. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of MSC Industrial Direct Co compared to the broader market.
• Price Targets: Analysts predict movements in price targets, offering estimates for MSC Industrial Direct Co's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of MSC Industrial Direct Co's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on MSC Industrial Direct Co analyst ratings.

Get to Know MSC Industrial Direct Co Better

MSC Industrial Direct is one of the largest industrial distributors with a focus on metalworking and maintenance, repair, and operations products and services. The company offers over 2 million products through its distribution network, which has 11 fulfillment centers. Although MSC has a presence in Canada, Mexico, and the United Kingdom, it primarily operates in the United States. In fiscal 2023, 95% of the firm's $4.0 billion of sales was generated in the US.

MSC Industrial Direct Co: Financial Performance Dissected

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Revenue Challenges: MSC Industrial Direct Co's revenue growth over 3 months faced difficulties. As of 29 February, 2024, the company experienced a decline of approximately -2.73%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.

Net Margin: MSC Industrial Direct Co's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 6.61%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): MSC Industrial Direct Co's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 4.46%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): MSC Industrial Direct Co's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.48%, the company showcases efficient use of assets and strong financial health.

Debt Management: MSC Industrial Direct Co's debt-to-equity ratio is below the industry average. With a ratio of 0.44, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

How Are Analyst Ratings Determined?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

This article was generated by Benzinga's automated content engine and reviewed by an editor.