MSA Safety Incorporated (NYSE:MSA) Receives $202.50 Consensus Price Target from Brokerages

Shares of MSA Safety Incorporated (NYSE:MSA) have been given an average recommendation of “Buy” by the five research firms that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $202.50.

MSA has been the subject of a number of analyst reports. DA Davidson initiated coverage on MSA Safety in a research note on Thursday, December 19th. They issued a “buy” rating and a $195.00 price target for the company. B. Riley initiated coverage on MSA Safety in a research note on Tuesday, November 5th. They issued a “buy” rating and a $200.00 price target for the company. Finally, Jefferies Financial Group initiated coverage on MSA Safety in a research note on Thursday, December 12th. They issued a “hold” rating and a $200.00 price target for the company.

MSA Safety Stock Up 0.9 %

MSA opened at $162.87 on Monday. MSA Safety has a fifty-two week low of $153.79 and a fifty-two week high of $200.60. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.56 and a current ratio of 2.68. The company has a market capitalization of $6.40 billion, a P/E ratio of 23.54 and a beta of 1.00. The stock has a fifty day moving average of $170.03 and a 200-day moving average of $175.51.

MSA Safety (NYSE:MSA) last posted its earnings results on Wednesday, October 23rd. The industrial products company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.78 by $0.05. The company had revenue of $432.68 million during the quarter, compared to the consensus estimate of $449.95 million. MSA Safety had a return on equity of 29.14% and a net margin of 15.16%. The company’s revenue was down 3.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.78 earnings per share. On average, equities analysts expect that MSA Safety will post 7.66 EPS for the current year.

MSA Safety Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, February 14th will be given a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.25%. MSA Safety’s dividend payout ratio is presently 29.48%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Mutual of America Capital Management LLC grew its holdings in shares of MSA Safety by 0.3% during the third quarter. Mutual of America Capital Management LLC now owns 21,267 shares of the industrial products company’s stock worth $3,771,000 after purchasing an additional 71 shares during the last quarter. Legacy Wealth Asset Management LLC grew its holdings in shares of MSA Safety by 1.3% during the third quarter. Legacy Wealth Asset Management LLC now owns 5,418 shares of the industrial products company’s stock worth $961,000 after purchasing an additional 72 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its stake in shares of MSA Safety by 4.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 2,052 shares of the industrial products company’s stock worth $364,000 after acquiring an additional 84 shares during the period. Tidal Investments LLC lifted its stake in shares of MSA Safety by 1.1% in the third quarter. Tidal Investments LLC now owns 8,060 shares of the industrial products company’s stock worth $1,429,000 after acquiring an additional 90 shares during the period. Finally, Hilltop National Bank lifted its stake in shares of MSA Safety by 23.5% in the fourth quarter. Hilltop National Bank now owns 520 shares of the industrial products company’s stock worth $86,000 after acquiring an additional 99 shares during the period. Institutional investors own 92.51% of the company’s stock.

MSA Safety Company Profile

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.