Analysts take a look at MSC Industrial Direct Co., Inc. (NYSE:MSM) having this to say.

September 8, 2018 - By Margaret Guttierez

MSC Industrial Direct Co., Inc. (NYSE:MSM) LogoInvestors sentiment increased to 1.17 in 2018 Q1. Its up 0.29, from 0.88 in 2017Q4. It increased, as 22 investors sold MSC Industrial Direct Co., Inc. shares while 93 reduced holdings. 49 funds opened positions while 86 raised stakes. 39.03 million shares or 3.17% less from 40.30 million shares in 2017Q4 were reported.
Nj State Employees Deferred Compensation Plan reported 4,000 shares stake. Fisher Asset Mgmt Ltd Llc holds 588,176 shares. Country National Bank accumulated 50 shares. 20,000 were accumulated by State Of Tennessee Treasury Department. Point72 Asia (Hong Kong) holds 0.01% or 107 shares. Qs Lc holds 0% in MSC Industrial Direct Co., Inc. (NYSE:MSM) or 1,742 shares. Greenwood Cap Assocs Llc invested 0.13% in MSC Industrial Direct Co., Inc. (NYSE:MSM). American & Mgmt Com has invested 0.17% of its portfolio in MSC Industrial Direct Co., Inc. (NYSE:MSM). Lpl Fincl Ltd Co has 0% invested in MSC Industrial Direct Co., Inc. (NYSE:MSM) for 5,015 shares. Hermes Investment Mngmt Ltd, a United Kingdom-based fund reported 351,507 shares. Opus Cap Gp Limited owns 0.07% invested in MSC Industrial Direct Co., Inc. (NYSE:MSM) for 2,941 shares. Financial Architects reported 400 shares. Stratos Wealth Ptnrs Ltd invested 0% of its portfolio in MSC Industrial Direct Co., Inc. (NYSE:MSM). 3,800 were reported by Campbell And Adviser Limited Com. Franklin reported 2,423 shares.

Since May 7, 2018, it had 0 insider buys, and 9 insider sales for $16.92 million activity. On Tuesday, August 21 KELLY DENIS F sold $132,641 worth of MSC Industrial Direct Co., Inc. (NYSE:MSM) or 1,500 shares. 8,696 MSC Industrial Direct Co., Inc. (NYSE:MSM) shares with value of $716,347 were sold by POLLI GREGORY. Armstrong Steve sold $630,918 worth of stock. Heerdt Kari D also sold $49,643 worth of MSC Industrial Direct Co., Inc. (NYSE:MSM) on Tuesday, May 22. $2.17M worth of MSC Industrial Direct Co., Inc. (NYSE:MSM) was sold by Jones Douglas E. $2.84M worth of MSC Industrial Direct Co., Inc. (NYSE:MSM) was sold by GERSHWIND ERIK.

MSC Industrial Direct Co., Inc. (NYSE:MSM) Ratings Coverage

Among 9 analysts covering MSC Industrial (NYSE:MSM), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. MSC Industrial has $11600 highest and $87 lowest target. $100’s average target is 16.65% above currents $85.73 stock price. MSC Industrial had 11 analyst reports since March 16, 2018 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, April 11. The stock of MSC Industrial Direct Co., Inc. (NYSE:MSM) has “Hold” rating given on Friday, March 16 by Gabelli. The stock of MSC Industrial Direct Co., Inc. (NYSE:MSM) has “Market Perform” rating given on Thursday, July 12 by BMO Capital Markets. On Tuesday, April 10 the stock rating was maintained by Stephens with “Buy”. The rating was maintained by Wells Fargo with “Market Perform” on Thursday, July 12. On Monday, April 9 the stock rating was maintained by BMO Capital Markets with “Hold”. Susquehanna maintained the shares of MSM in report on Tuesday, April 10 with “Hold” rating. The firm earned “Hold” rating on Tuesday, April 10 by Robert W. Baird. The stock of MSC Industrial Direct Co., Inc. (NYSE:MSM) has “Market Perform” rating given on Wednesday, April 11 by BMO Capital Markets. Below is a list of MSC Industrial Direct Co., Inc. (NYSE:MSM) latest ratings and price target changes.

12/07/2018 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Market Perform Old Target: $104 New Target: $92 Maintain
12/07/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Market Perform Old Target: $95 New Target: $87 Maintain
11/04/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $91.0000 Maintain
10/04/2018 Broker: Stephens Rating: Buy New Target: $116.0000 Maintain
10/04/2018 Broker: Susquehanna Rating: Hold New Target: $98.0000 Maintain
10/04/2018 Broker: Robert W. Baird Rating: Hold New Target: $107.0000 Maintain
11/04/2018 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Market Perform Old Target: $103 New Target: $104 Maintain
09/04/2018 Broker: BMO Capital Markets Rating: Hold New Target: $103.0000 Maintain
06/04/2018 Broker: Deutsche Bank Rating: Hold New Target: $102.0000
19/03/2018 Broker: Goldman Sachs Rating: Buy New Target: $107 Initiates Coverage On

The stock decreased 1.71% or $1.49 during the last trading session, reaching $85.73. About 392,495 shares traded. MSC Industrial Direct Co., Inc. (NYSE:MSM) has risen 7.48% since September 8, 2017 and is uptrending. It has underperformed by 5.09% the S&P500.

MSC Industrial Direct Co., Inc., together with its subsidiaries, markets and distributes various ranges of metalworking and maintenance, repair, and activities products primarily in the United States, Canada, and the United Kingdom. The company has market cap of $4.85 billion. The companyÂ’s MRO products comprise cutting tools, measuring instruments, tooling components, metalworking products, fasteners, flat stock, raw materials, abrasives, machinery hand and power tools, safety and janitorial supplies, plumbing supplies, materials handling products, power transmission components, and electrical supplies. It has a 15.37 P/E ratio. It offers approximately 1,000,000 stock-keeping units through its master catalogs; weekly, monthly, and quarterly specialty and promotional catalogs; brochures; and the Internet, such as its Websites comprising mscdirect.com and use-enco.com.

MSC Industrial Direct Co., Inc. (NYSE:MSM) Institutional Positions Chart

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