Loop Capital Markets maintains "Hold" rating for MSC Industrial Direct Co., Inc. with lower earnings forecast.
From Financial Modeling Prep: 2025-06-27 13:00:00
Loop Capital Markets maintains a “Hold” rating for MSC Industrial Direct Co., Inc. (NYSE: MSC) with a current stock price of $3.37. Analysts predict a decrease in earnings per share to $1.03 from $1.33 in the same quarter last year, indicating challenges in the industrial supply sector.
MSC Industrial Direct Co., Inc. (NYSE: MSC) is a leading distributor of metalworking and maintenance, repair, and operations (MRO) products and services. Loop Capital Markets maintained its “Hold” rating for MSC with the stock priced at $3.37. Analysts anticipate earnings of $1.03 per share, down from $1.33 in the previous year.
Despite challenges in the industrial supply sector, MSC’s stock has shown resilience with a recent 3.5% increase, closing at $84.77. Quarterly revenue is expected to be $969 million, slightly down from the previous year. MSC’s stock has experienced a notable increase of approximately 9.78%, with a change of $0.30.
MSC’s stock has fluctuated over the past year, with a low of $2.30 and a high of $9.30. The current price of $3.37 reflects an upward trend, reaching a high of $3.37. The company’s market capitalization is approximately $162.26 million, with a trading volume of 8,412 shares.
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