KeyCorp Cuts Earnings Estimates for MSC Industrial Direct

MSC Industrial Direct Co., Inc. (NYSE:MSM) – Analysts at KeyCorp dropped their Q1 2025 earnings per share (EPS) estimates for MSC Industrial Direct in a report issued on Sunday, October 27th. KeyCorp analyst K. Newman now anticipates that the industrial products company will post earnings of $0.73 per share for the quarter, down from their previous forecast of $0.86. The consensus estimate for MSC Industrial Direct’s current full-year earnings is $4.79 per share. KeyCorp also issued estimates for MSC Industrial Direct’s Q1 2026 earnings at $0.82 EPS, Q2 2026 earnings at $0.85 EPS, Q3 2026 earnings at $1.22 EPS, Q4 2026 earnings at $1.18 EPS and FY2026 earnings at $4.07 EPS.

MSC Industrial Direct (NYSE:MSM) last issued its earnings results on Thursday, October 24th. The industrial products company reported $1.03 EPS for the quarter, missing the consensus estimate of $1.08 by ($0.05). The firm had revenue of $952.30 million during the quarter, compared to analyst estimates of $959.74 million. MSC Industrial Direct had a return on equity of 19.35% and a net margin of 6.77%. MSC Industrial Direct’s revenue was down 8.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.64 EPS.

A number of other research analysts also recently issued reports on the stock. Robert W. Baird raised their price target on shares of MSC Industrial Direct from $84.00 to $91.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 16th. JPMorgan Chase & Co. cut their target price on shares of MSC Industrial Direct from $87.00 to $73.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Finally, Loop Capital decreased their target price on MSC Industrial Direct from $80.00 to $75.00 and set a “hold” rating for the company in a research note on Wednesday, July 3rd. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $90.20.

MSC Industrial Direct Stock Performance

MSC Industrial Direct stock opened at $82.08 on Wednesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.96 and a quick ratio of 0.90. MSC Industrial Direct has a 12 month low of $75.05 and a 12 month high of $104.76. The company has a fifty day moving average price of $82.02 and a two-hundred day moving average price of $84.06. The company has a market cap of $4.61 billion, a PE ratio of 17.92 and a beta of 0.86.

MSC Industrial Direct Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th will be given a $0.85 dividend. The ex-dividend date of this dividend is Wednesday, November 13th. This is an increase from MSC Industrial Direct’s previous quarterly dividend of $0.83. This represents a $3.40 annualized dividend and a yield of 4.14%. MSC Industrial Direct’s dividend payout ratio (DPR) is currently 72.49%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Blue Trust Inc. raised its holdings in shares of MSC Industrial Direct by 1,142.3% during the second quarter. Blue Trust Inc. now owns 323 shares of the industrial products company’s stock valued at $26,000 after buying an additional 297 shares during the last quarter. Ridgewood Investments LLC acquired a new stake in MSC Industrial Direct in the 2nd quarter valued at approximately $26,000. V Square Quantitative Management LLC bought a new stake in MSC Industrial Direct during the 3rd quarter valued at $26,000. UMB Bank n.a. boosted its position in MSC Industrial Direct by 442.1% during the 3rd quarter. UMB Bank n.a. now owns 309 shares of the industrial products company’s stock worth $27,000 after acquiring an additional 252 shares during the period. Finally, Quest Partners LLC grew its stake in shares of MSC Industrial Direct by 35,300.0% in the second quarter. Quest Partners LLC now owns 354 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 353 shares in the last quarter. Institutional investors own 79.26% of the company’s stock.

MSC Industrial Direct Company Profile

MSC Industrial Direct Co, Inc, together with its subsidiaries, distributes metalworking and maintenance, repair, and operations (MRO) products and services in the United States, Canada, Mexico, the United Kingdom, and internationally. The company's MRO products include cutting tools, measuring instruments, tooling components, metalworking products, fasteners, flat stock products, raw materials, abrasives, machinery hand and power tools, safety and janitorial supplies, plumbing supplies, materials handling products, power transmission components, and electrical supplies.