MSA Safety (MSA) Set to Announce Earnings on Wednesday

MSA Safety (NYSE:MSA) will post its quarterly earnings results before the market opens on Wednesday, October 23rd. Analysts expect MSA Safety to post earnings of $1.78 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

MSA Safety (NYSE:MSA) last issued its quarterly earnings data on Wednesday, July 24th. The industrial products company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.97 by $0.04. MSA Safety had a net margin of 14.97% and a return on equity of 30.64%. The company had revenue of $462.46 million for the quarter, compared to the consensus estimate of $461.30 million. On average, analysts expect MSA Safety to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

MSA Safety Trading Up 0.9 %

NYSE:MSA opened at $175.09 on Wednesday. The company has a market cap of $6.90 billion, a PE ratio of 25.94 and a beta of 0.99. The company has a current ratio of 2.45, a quick ratio of 1.54 and a debt-to-equity ratio of 0.55. The company has a 50 day simple moving average of $176.32 and a two-hundred day simple moving average of $183.00. MSA Safety has a 12 month low of $147.35 and a 12 month high of $200.60.

MSA Safety Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Thursday, August 15th were issued a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.17%. The ex-dividend date was Thursday, August 15th. MSA Safety’s payout ratio is currently 30.22%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on MSA shares. William Blair raised MSA Safety to a “strong-buy” rating in a research report on Tuesday, July 16th. Stifel Nicolaus raised their price objective on shares of MSA Safety from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Friday, July 26th.

Insider Buying and Selling

In other MSA Safety news, CEO Nishan J. Vartanian sold 3,945 shares of the business’s stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $189.00, for a total transaction of $745,605.00. Following the completion of the sale, the chief executive officer now owns 31,953 shares of the company’s stock, valued at approximately $6,039,117. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 6.20% of the stock is owned by insiders.

About MSA Safety

MSA Safety Incorporated develops, manufactures, and supplies safety products and technology solutions that protect people and facility infrastructures in the fire service, energy, utility, construction, and industrial manufacturing applications, as well as heating, ventilation, air conditioning, and refrigeration industries worldwide.