Stephens Reiterates Their Buy Rating on MSC Industrial

By Austin Angelo

In a report released yesterday, Matt Duncan from Stephens reiterated a Buy rating on MSC Industrial (NYSE: MSM), with a price target of $116. The company’s shares closed yesterday at $91.81.

According to, Duncan is a 2-star analyst with an average return of 0.2% and a 46.6% success rate. Duncan covers the Basic Materials sector, focusing on stocks such as Primoris Services Corp, Mistras Group Inc, and Quanta Services.

MSC Industrial has an analyst consensus of Hold, with a price target consensus of $100.17.

MSC Industrial’s market cap is currently $5.18B and has a P/E ratio of 22.18. The company has a book value ratio of 4.1136.

Based on the recent corporate insider activity of 82 insiders, corporate insider sentiment is negative on the stock. Most recently, in January 2018, Erik Gershwind, the President & CEO of MSM sold 25,000 shares for a total of $2,466,500.

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MSC Industrial Direct Co., Inc. engages in the distribution of metalworking, and maintenance, repair, and operations (MRO) products and services to manufacturing companies. Its products include cutting tools, measuring instruments, tooling components, metalworking, 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. The company was founded by Sidney Jacobson in 1941 and is headquartered in Melville, NY.