MSA Safety Incorporated (NYSE:MSA – Free Report) – Stock analysts at DA Davidson reduced their FY2025 EPS estimates for MSA Safety in a research note issued to investors on Monday, May 5th. DA Davidson analyst M. Shlisky now anticipates that the industrial products company will post earnings of $8.06 per share for the year, down from their prior estimate of $8.12. DA Davidson has a “Buy” rating and a $183.00 price target on the stock. The consensus estimate for MSA Safety’s current full-year earnings is $8.06 per share.
A number of other research analysts have also commented on the company. B. Riley restated a “buy” rating and issued a $195.00 target price (down from $200.00) on shares of MSA Safety in a research note on Thursday, May 1st. StockNews.com cut shares of MSA Safety from a “buy” rating to a “hold” rating in a research note on Friday, May 2nd. Finally, Robert W. Baird set a $166.00 target price on shares of MSA Safety in a research report on Monday. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, MSA Safety has an average rating of “Moderate Buy” and an average target price of $191.80.
MSA Safety Stock Performance
MSA Safety stock opened at $155.71 on Wednesday. MSA Safety has a 12 month low of $127.86 and a 12 month high of $200.61. The stock has a market cap of $6.11 billion, a price-to-earnings ratio of 21.60 and a beta of 0.96. The business has a 50 day moving average price of $149.34 and a two-hundred day moving average price of $161.15. The company has a quick ratio of 1.76, a current ratio of 2.79 and a debt-to-equity ratio of 0.42.
MSA Safety (NYSE:MSA – Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.09. MSA Safety had a net margin of 15.76% and a return on equity of 28.64%. The business had revenue of $421.34 million during the quarter, compared to analyst estimates of $402.60 million. During the same quarter in the prior year, the business earned $1.61 earnings per share. The firm’s revenue for the quarter was up 1.9% on a year-over-year basis.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of MSA. UMB Bank n.a. increased its holdings in MSA Safety by 78.4% during the 4th quarter. UMB Bank n.a. now owns 182 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 80 shares in the last quarter. SRS Capital Advisors Inc. grew its holdings in shares of MSA Safety by 120.6% during the fourth quarter. SRS Capital Advisors Inc. now owns 225 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 123 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of MSA Safety by 39.4% in the first quarter. GAMMA Investing LLC now owns 269 shares of the industrial products company’s stock valued at $39,000 after buying an additional 76 shares in the last quarter. JFS Wealth Advisors LLC raised its holdings in shares of MSA Safety by 97.6% in the fourth quarter. JFS Wealth Advisors LLC now owns 251 shares of the industrial products company’s stock valued at $42,000 after buying an additional 124 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its position in MSA Safety by 81.3% during the 4th quarter. First Horizon Advisors Inc. now owns 330 shares of the industrial products company’s stock worth $55,000 after buying an additional 148 shares in the last quarter. 92.51% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at MSA Safety
In other MSA Safety news, CAO Jonathan D. Buck sold 717 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $159.00, for a total transaction of $114,003.00. Following the sale, the chief accounting officer now directly owns 3,673 shares of the company’s stock, valued at approximately $584,007. This represents a 16.33 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.70% of the stock is owned by insiders.
MSA Safety Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 1.36%. The ex-dividend date of this dividend is Thursday, May 15th. This is an increase from MSA Safety’s previous quarterly dividend of $0.51. MSA Safety’s payout ratio is currently 29.24%.
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.
See Also
- Five stocks we like better than MSA Safety
- Mastering Discipline: Overcoming Emotional Challenges In Trading
- Ford Motor Stock Rises After Earnings, But Momentum May Not Last
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Lemonade Delivers Sweet Results, Price Reversal to Accelerate
- Quiet Period Expirations Explained
- Is Intel Stock a Bargain or a Burden? Cheap Stock, High Stakes
Receive News & Ratings for MSA Safety Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MSA Safety and related companies with MarketBeat.com's FREE daily email newsletter.