MSA Safety Incorporporated (NYSE:MSA) is scheduled to be announcing its earnings results after the market closes on Thursday, October 19th. Analysts expect the company to announce earnings of $0.79 per share for the quarter.
MSA Safety Incorporporated (NYSE:MSA) last announced its earnings results on Thursday, August 3rd. The industrial products company reported $0.85 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.87 by ($0.02). MSA Safety Incorporporated had a return on equity of 19.64% and a net margin of 6.74%. The business had revenue of $288.78 million for the quarter, compared to analysts’ expectations of $302.94 million. During the same period in the previous year, the firm posted $0.79 earnings per share. The firm’s revenue was down 2.4% compared to the same quarter last year. On average, analysts expect MSA Safety Incorporporated to post $3.24 EPS for the current fiscal year and $3.72 EPS for the next fiscal year.
Shares of MSA Safety Incorporporated (MSA) opened at 80.16 on Wednesday. MSA Safety Incorporporated has a 12 month low of $55.00 and a 12 month high of $84.86. The stock’s 50 day moving average price is $75.21 and its 200-day moving average price is $76.22. The stock has a market capitalization of $3.06 billion, a price-to-earnings ratio of 40.38 and a beta of 1.64.
In other news, VP Markus H. Weber sold 5,811 shares of the company’s stock in a transaction dated Wednesday, September 13th. The shares were sold at an average price of $72.80, for a total transaction of $423,040.80. Following the completion of the transaction, the vice president now owns 15,950 shares of the company’s stock, valued at $1,161,160. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John T. Ryan III sold 32,100 shares of the company’s stock in a transaction dated Thursday, August 31st. The shares were sold at an average price of $71.43, for a total transaction of $2,292,903.00. Following the transaction, the director now directly owns 1,025,013 shares of the company’s stock, valued at approximately $73,216,678.59. The disclosure for this sale can be found here. Insiders have sold 40,211 shares of company stock valued at $2,879,428 in the last ninety days. 11.47% of the stock is owned by company insiders.
A number of research analysts have recently commented on the stock. BidaskClub lowered shares of MSA Safety Incorporporated from a “buy” rating to a “hold” rating in a research report on Friday, June 23rd. Zacks Investment Research lowered shares of MSA Safety Incorporporated from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th. Robert W. Baird lowered shares of MSA Safety Incorporporated from an “outperform” rating to a “neutral” rating and set a $80.00 price objective for the company. in a research report on Tuesday, October 3rd. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $91.00 price objective on shares of MSA Safety Incorporporated in a research report on Friday, August 4th. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $86.33.
MSA Safety Incorporporated Company Profile
Mine Safety Appliances Company is engaged in the development, manufacture and supply of products that protect people’s health and safety. The Company’s line of safety products is used by workers worldwide in the fire service, homeland security, oil and gas, construction and other industries, as well as the military.
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