MSC Industrial Direct Co Bolsa (NYSE: MSM)

MSC Industrial Direct Co (NYSE:MSM) Bolsa

MSC Industrial Direct Co

Founded in 1941, MSC Industrial Direct originally manufactured and sold cutting tools to metalworking shops in New York. Through a series of acquisitions and organic expansions, MSC has grown into an industrial distribution powerhouse with a focus on specialized metalworking products and services. The firm also distributes a wide breadth of maintenance, repair, and operations (MRO) supplies. MSC primarily operates within North America where it derives over 95% of its revenue.

Constellation Brands

Pre-Market Outlook

NKTR

PRGS

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este martes: MSM, NKTR, STZ, PRGS y GBX.

5 acciones en el foco este martes: MSM, NKTR, STZ, PRGS y GBX

Earnings

News

Price Target

Markets

Analyst Ratings

Trading Ideas

Descubre las proyecciones de ganancias, calificaciones de analistas y los movimientos recientes de MSC Industrial Direct.

Resultados del 1T de MSC Industrial Direct (MSM): ¿Qué esperar de las ganancias y los ingresos proyectados?

Looking into the current session, MSC Industrial Direct Co Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) shares are trading at $87.00, after a 0.06% drop. Over the past month, the stock fell by 3.41%, but over the past year, it actually spiked by 4.60%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio. 

<img src="https://www.benzinga.com/files/images/story/2025/1753977627_0.png" alt="Past Year Chart" />

<h3>Comparing MSC Industrial Direct Co P/E Against Its Peers</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
MSC Industrial Direct Co has a lower P/E than the aggregate P/E of 116.51 of the Trading Companies &amp; Distributors industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1753977627_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Intraday Update

A Look Into MSC Industrial Direct Co Inc's Price Over Earnings

Gershwind continued, "I am encouraged by our start to the fiscal fourth quarter and remain confident in our long-term trajectory. Average daily sales for the fiscal month of June came in ahead of expectations and were up 2.5% year-over-year. July's average daily sales growth rate remains in positive territory. As of now, based upon June and July results quarter to date, our fiscal fourth quarter performance is trending towards the upper half of our average daily sales and adjusted operating margin ranges that we provided in our July 1, 2025 earnings release."
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="2" rowspan="1">Fourth Quarter Fiscal 2025 Financial Outlook</td>
</tr>
<tr>
<td colspan="1" rowspan="1">ADS Growth (YoY)</td>
<td colspan="1" rowspan="1">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.5)% - 1.5% &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Adjusted Operating Margin1 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</td>
<td colspan="1" rowspan="1">8.5% - 9.0%</td>
</tr>
</tbody>
</table>
</figure>

Guidance

MSC Industrial Sees Q4 Trending Toward Upper End Of Sales And Margin Guidance On June And July Results; ADS Growth (YoY) (0.5)% - 1.5%

MSC INDUSTRIAL SUPPLY CO. (NYSE:<a href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) ("MSC," "MSC Industrial," the "Company," "we," "us," or "our"), a leading North American distributor of a broad range of metalworking and maintenance, repair and operations (MRO) products and services, today announced that Kristen Actis-Grande, Executive Vice President and Chief Financial Officer, has decided to step down from her position with MSC effective August 8, 2025 to become the Chief Financial Officer of a publicly traded company.
Greg Clark, the Company's Vice President of Finance and Corporate Controller, will assume the position of interim CFO following Actis-Grande's departure and will report to Erik Gershwind, Chief Executive Officer. Mr. Clark has held various finance positions with the Company since 2003, including the role of interim CFO in 2020. During this time, MSC's Executive Management Team and Board of Directors will be conducting a comprehensive search to identify a permanent CFO.

Management

MSC Industrial CFO Kristen Actis-Grande To Step Down Aug. 8; Greg Clark Named Interim CFO

On July 7, a recent SEC filing unveiled that Erik Gershwind, Chief Executive Officer at MSC Industrial Direct Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) made an insider sell.
What Happened: After conducting a thorough analysis, Gershwind sold 2,000 shares of MSC Industrial Direct Co. This information was disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001003078/000100307825000079//Archives/edgar/data/1003078/000100307825000079/0001003078-25-000079-index.htm">U.S. Securities and Exchange Commission</a> on Monday. The total transaction value is $178,778.
The latest update on Tuesday morning shows MSC Industrial Direct Co shares down by 0.0%, trading at $89.38.
<h3>Discovering MSC Industrial Direct Co: A Closer Look</h3>
Founded in 1941, MSC Industrial Direct originally manufactured and sold cutting tools to metalworking shops in New York. Through a series of acquisitions and organic expansions, MSC has grown into an industrial distribution powerhouse with a focus on specialized metalworking products and services. The firm also distributes a wide breadth of maintenance, repair, and operations (MRO) supplies. MSC primarily operates within North America where it derives over 95% of its revenue.
<h3>MSC Industrial Direct Co's Economic Impact: An Analysis</h3>
Negative Revenue Trend: Examining MSC Industrial Direct Co's financials over 3 months reveals challenges. As of 31 May, 2025, the company experienced a decline of approximately -0.84% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 40.96%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, MSC Industrial Direct Co exhibits below-average bottom-line performance with a current EPS of 1.02.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.42.
Financial Valuation Breakdown:
<ul>
<li>
Price to Earnings (P/E) Ratio: MSC Industrial Direct Co's P/E ratio of 25.25 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 1.34, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): MSC Industrial Direct Co's EV/EBITDA ratio stands at 14.48, surpassing industry benchmarks. This places the company in a position with a higher-than-average market valuation.
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Illuminating the Importance of Insider Transactions</h3>
Insider transactions serve as a piece of the puzzle in investment decisions, rather than the entire picture.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>Understanding Crucial Transaction Codes</h3>
When analyzing transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001003078">Check Out The Full List Of MSC Industrial Direct Co's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Chief Executive Officer Of MSC Industrial Direct Co Sold $178K In Stock

MSC Industrial Direct Co Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) is poised to benefit from <a href="https://www.benzinga.com/topic/inflation">"inflation-driven margin tailwinds" </a>and a recovery in manufacturing volumes, according to a Stephens analyst.
The MSC Industrial Direct Analyst: Analyst Tommy Moll maintained an Equal-Weight rating, while raising the price target from $85 to $90.
The MSC Industrial Direct Thesis: The company reported its fiscal third-quarter revenues at $971 million, down around 1% year-on-year, with adjusted earnings of $1.08 per share versus $1.33 per share in the same quarter last year, Moll said in the note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
MSC Industrial Direct's gross margins expanded by 10 basis points (bps) to 41.0% during the quarter, "primarily driven by favorable price/cost," he added.
The share price is up around 21% since Liberation Day and ended the day 6% higher after releasing results, the analyst stated.
Potential catalysts for the stock include MSC Industrial Direct's margins benefiting from inflation and a "manufacturing volume-based recovery, whether driven by the end market itself or MSM&#8217;s internal core customer initiatives," he further wrote.
MSM Price Action: Shares of MSC Industrial Direct were down 1.6% to $88.87 at the time of publication on Wednesday.
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/earnings/25/07/46195077/msc-industrial-has-an-edge-with-tariffs-can-protect-margins">MSC Industrial Has An Edge With Tariffs, Can Protect Margins</a></li>
</ul>
Photo: Shutterstock

Analyst Color

Earnings Misses

Reiteration

Movers

Can MSC Industrial Direct Turn Inflation Into Opportunity? Analyst Weighs In

MSC Industrial Direct Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) posted better-than-expected financial results for i<a href="https://www.benzinga.com/quote/MSM/earnings">ts fiscal third quarter of 2025 on Tuesday.</a>
Net sales slipped 0.8% year over year to $971.1 million but edged past the consensus estimate of $970.23 million. The company reported adjusted earnings per share of $1.08, down 18.8% year over year, topping analysts&#8217; expectations of $1.03.
"The fiscal third quarter included encouraging data points, such as core customer sequential improvement, continued momentum in our high-touch solutions and a building productivity pipeline. Looking longer term, we remain steadfast in our commitment to restoring performance consistent with our long-term objectives of growing to 400 basis points or more above the IP Index and expanding operating margins to the mid-teens," commented Erik Gershwind, Chief Executive Officer.
MSC expects fourth-quarter average daily sales to range from a decline of 0.5% to a gain of 1.5%, with an adjusted operating margin of 8.5% to 9%. For fiscal year 2025, the company expects a free cash flow conversion of ~120% and capital expenditures of ~$100 million-$110 million.
MSC shares fell 0.8% to trade at $89.53 on Wednesday.
These analysts made changes to their price targets on MSC following earnings announcement.
<ul class="wp-block-list">
<li>Stephens &amp; Co. analyst Tommy Moll maintained MSC Industrial Direct with an Equal-Weight rating and raised the price target from $85 to $90.</li>
<li>Baird analyst David Manthey maintained the stock with a Neutral and raised the price target from $84 to $95.</li>
<li>Loop Capital analyst Chris Dankert maintained MSC Industrial Direct with a Hold and raised the price target from $74 to $84.</li>
</ul>
Considering buying MSM stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/MSM/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="622" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02094737/image-30-1024x622.png" alt="" class="wp-image-970470" style="width:652px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02094737/image-30-1024x622.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02094737/image-30-300x182.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02094737/image-30-768x467.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02094737/image-30.png 1106w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read This Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/dividends/25/07/46216643/wall-streets-most-accurate-analysts-give-their-take-on-3-financial-stocks-delivering-high-dividend-yields-4">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Financial Stocks Delivering High-Dividend Yields</a> </li>
</ul>
Photo via Shutterstock

MSC Industrial Direct Analysts Boost Their Forecasts After Upbeat Q3 Results

Loop Capital analyst Chris Dankert maintains MSC Industrial Direct Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) with a Hold and raises the price target from $74 to $84.

Loop Capital Maintains Hold on MSC Industrial Direct Co, Raises Price Target to $84

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>Guggenheim cut TEGNA Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGNA#NYSE">TGNA</a>) price target from $22 to $21. Guggenheim analyst Curry Baker maintained a Buy rating. TEGNA shares closed at $16.93 on Tuesday. See how other analysts view <a href="https://www.benzinga.com/quote/TGNA/analyst-ratings">this stock</a>.</li>
<li>Stephens &amp; Co. raised the price target for MSC Industrial Direct Co., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) from $85 to $90. Stephens &amp; Co. analyst Tommy Moll maintained an Equal-Weight rating. MSC Industrial Direct shares closed at $90.32 on Tuesday. See how other analysts <a href="https://www.benzinga.com/quote/MSM/analyst-ratings">view this stock</a>.</li>
<li>UBS raised Altria Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MO#NYSE">MO</a>) price target from $47 to $59. UBS analyst Faham Baig upgraded the stock from Sell to Neutral. Altria Group shares closed at $58.14 on Tuesday. See how other analysts <a href="https://www.benzinga.com/quote/MO/analyst-ratings">view this stock</a>.</li>
<li>JP Morgan cut the price target for Centene Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNC#NYSE">CNC</a>) from $75 to $48. JP Morgan analyst John Stansel downgraded the stock from Overweight to Neutral. Centene shares closed at $56.65 on Tuesday. <a href="https://www.benzinga.com/quote/CNC/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Jefferies raised the price target for Ross Stores, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROST#NASDAQ">ROST</a>) from $135 to $150. Jefferies analyst Corey Tarlowe upgraded the stock from Hold to Buy. Ross Stores shares closed at $129.97 on Tuesday. <a href="https://www.benzinga.com/quote/ROST/analyst-ratings">See how other analysts view this stock.</a></li>
<li>JMP Securities raised Carvana Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) price target from $275 to $440. JMP Securities analyst Nicholas Jones maintained a Market Outperform rating. Carvana shares settled at $338.26 on Tuesday. <a href="https://www.benzinga.com/quote/CVNA/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Needham increased Axos Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AX#NYSE">AX</a>) price target from $88 to $92. Needham analyst Kyle Peterson maintained a Buy rating. Axos Financial shares closed at $78.32 on Tuesday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>HC Wainwright &amp; Co. increased Enliven Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELVN#NASDAQ">ELVN</a>) price target from $40 to $48. HC Wainwright &amp; Co. analyst Robert Burns maintained a Buy rating. Enliven Therapeutics shares closed at $19.65 on Tuesday.  <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird boosted the price target for Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) from $58 to $62. Baird analyst David Tarantino maintained an Outperform rating. Chipotle shares settled at $58.24 on Tuesday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird increased Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) price target from $635 to $740. Baird analyst Colin Sebastian maintained an Outperform rating. Meta shares closed at $719.22 on Tuesday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying META stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/meta/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="611" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02090254/image-28-1024x611.png" alt="" class="wp-image-970387" style="width:602px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02090254/image-28-1024x611.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02090254/image-28-300x179.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02090254/image-28-768x458.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/02090254/image-28.png 1090w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read This Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/dividends/25/07/46216643/wall-streets-most-accurate-analysts-give-their-take-on-3-financial-stocks-delivering-high-dividend-yields-4">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Financial Stocks Delivering High-Dividend Yields</a> </li>
</ul>
Photo via Shutterstock

CVNA

ELVN

ROST

TGNA

Meta To Rally Around 3%? Here Are 10 Top Analyst Forecasts For Wednesday

In the latest quarter, 5 analysts provided ratings for MSC Industrial Direct Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>), showcasing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $86.4, a high estimate of $95.00, and a low estimate of $74.00. This current average has increased by 4.1% from the previous average price target of $83.00. 
<img src="https://www.benzinga.com/files/images/story/2025/1751461258_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
A clear picture of MSC Industrial Direct Co's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>David Manthey</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$95.00</td>
<td>$84.00</td>
</tr>
<tr>
<td>Tommy Moll</td>
<td>Stephens &amp; Co.</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$90.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Patrick Baumann</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$89.00</td>
<td>$73.00</td>
</tr>
<tr>
<td>Chris Dankert</td>
<td>Loop Capital</td>
<td>Lowers</td>
<td>Hold</td>
<td>$74.00</td>
<td>$83.00</td>
</tr>
<tr>
<td>David Manthey</td>
<td>Baird</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$84.00</td>
<td>$90.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to MSC Industrial Direct Co. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of MSC Industrial Direct Co compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of MSC Industrial Direct Co's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of MSC Industrial Direct Co's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/MSM/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on MSC Industrial Direct Co analyst ratings.</a>
<h2>Discovering MSC Industrial Direct Co: A Closer Look</h2>
Founded in 1941, MSC Industrial Direct originally manufactured and sold cutting tools to metalworking shops in New York. Through a series of acquisitions and organic expansions, MSC has grown into an industrial distribution powerhouse with a focus on specialized metalworking products and services. The firm also distributes a wide breadth of maintenance, repair, and operations (MRO) supplies. MSC primarily operates within North America where it derives over 95% of its revenue.
<h3>Key Indicators: MSC Industrial Direct Co's Financial Health</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Decline in Revenue: Over the 3M period, MSC Industrial Direct Co faced challenges, resulting in a decline of approximately -4.66% in revenue growth as of 28 February, 2025. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: MSC Industrial Direct Co's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 4.41%, the company may face hurdles in effective cost management.
Return on Equity (ROE): MSC Industrial Direct Co's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 2.88%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): MSC Industrial Direct Co's ROA excels beyond industry benchmarks, reaching 1.59%. This signifies efficient management of assets and strong financial health.
Debt Management: MSC Industrial Direct Co's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.43.
<h2>How Are Analyst Ratings Determined?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Demystifying MSC Industrial Direct Co: Insights From 5 Analyst Reviews

Baird analyst David Manthey maintains MSC Industrial Direct Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) with a Neutral and raises the price target from $84 to $95.

Baird Maintains Neutral on MSC Industrial Direct Co, Raises Price Target to $95

Stephens &amp; Co. analyst Tommy Moll maintains MSC Industrial Direct Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) with a Equal-Weight and raises the price target from $85 to $90.

Stephens & Co. Maintains Equal-Weight on MSC Industrial Direct Co, Raises Price Target to $90

U.S. futures rose on Wednesday after a mixed close on Tuesday. Futures of major benchmark indices were trading slightly higher.
After the Nasdaq and S&amp;P 500 scaled new highs for two days, the indices slipped on Tuesday as President Donald Trump's massive tax-and-spending One Big Beautiful Bill Act, <a href="https://www.benzinga.com/news/politics/25/07/46211326/one-big-beautiful-bill-passes-senate-with-jd-vances-tie-breaking-vote-trump-says-its-going-to-go-very-nicely-in-the-house">passed narrowly in the Senate</a>. The legislation is now set to move to the House of Representatives for potential final approval. 
The Senate passed the measure in a 51-50 vote with Vice President JD Vance breaking a tie. The vote followed an all-night debate in which Republicans grappled with the bill's price tag and its impact on the healthcare system.
The 10-year Treasury bond yielded 4.28% and the two-year bond was at 3.79%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>&#8216;s projections show markets pricing an 80.9% likelihood of the Federal Reserve keeping the current interest rates unchanged in its July meeting. 
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.10%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.08%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.05%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.52%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, were slightly higher in premarket on Wednesday. The SPY was up 0.094% at $618.23, while the QQQ advanced 0.049% to $547.26, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From Last Session:
On Tuesday, the materials, health care, and energy sectors led gains on the S&amp;P 500, while information technology and communication services bucked the trend, closing lower.
Overall, U.S. stocks settled mixed, with the Dow Jones index notably gaining during the session as the U.S. Senate approved President Donald Trump's "One Big, Beautiful Bill."
Economic data released on Tuesday showed mixed signals. The number of job openings increased by 374,000 to 7.769 million in May, indicating a stronger labor market.
The ISM manufacturing PMI also showed improvement, rising to 49 in June from 48.5 in the prior month, surpassing market estimates of 48.8.
Conversely, U.S. construction spending saw a decline, falling by 0.3% month-over-month to an annual rate of $2,138 billion in May.
In corporate news, MSC Industrial Direct Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) reported stronger-than-expected financial results for its fiscal third quarter of 2025.
The Dow Jones index ended 400 points or 0.91% higher at 44,494.94, whereas the S&amp;P 500 index fell 0.11% to 6,198.01. Nasdaq Composite declined 0.82% to 20,202.89, and the small-cap gauge, Russell 2000, gained 1.03% to end at 2,197.54.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-0.82%</td>
<td>20,202.89</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.11%</td>
<td>6,198.01</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.91%</td>
<td>44,494.94</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1.03%</td>
<td>2,197.54</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Following a volatile first half, the S&amp;P 500 appears poised for continued momentum, according to analysis from Adam Turnquist, the chief technical strategist for LPL Financial.
Historical data spanning back to 1950 suggests a strong bullish precedent for the second half of the year, particularly when the first six months delivered solid gains by the end.
The S&amp;P 500 wrapped up the first half of 2025 with a commendable 5.5% gain, shaking off a deep correction experienced in April. This performance sets the stage for what history indicates could be another period of positive returns.
&#8220;Since 1950, the S&amp;P 500 has followed up a positive first-half return with an average second-half gain of 6.1%,&#8221; Turnquist notes.
Delving deeper into scenarios akin to the current market environment, Turnquist highlights a particularly encouraging trend. &#8220;Furthermore, when first-half gains were within the range of 5–10%, the index also posted an average gain of 6.1% in the second half, with 86% of occurrences producing positive results.&#8221;
This statistical backing provides a compelling case for optimism heading into the latter half of the year.
While the historical data points to a generally positive outlook, Turnquist also tempers expectations with a pragmatic reminder.
&#8220;Despite the bullish precedent from a positive first half, bull markets are not linear, and pullbacks should be expected in the second half.&#8221;
He points out that the average maximum drawdown for the S&amp;P 500 during the second half has been -10.3% since 1950. However, even these potential dips tend to be shallower in scenarios like the present.
&#8220;Second-half drawdowns following a first half of 5–10% or higher average only 8.4%,&#8221; he concludes, suggesting that while volatility is a possibility, significant downturns may be less likely.
Meanwhile, Ryan Detrick from Carson Research highlighted a historical pattern where the S&amp;P 500, after a negative first quarter and a subsequent 10%+ gain in the second quarter, has shown an average third quarter return of 10.7% and a 19% gain for the rest of the year.
The data from 1990, 2009, and 2025 suggests a potential bullish trend for the second half of 2025, supported by Carson Investment Research analysis.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">2025 is in rare company, with stocks down in Q1, but then up 10% or more in Q2. The historically weak Q3 has never been lower (and up 10% on average) and the rest of the yr is up close to 20% on average. Yet another reason to lean bullishly in H2 &#39;25. <a href="https://t.co/kL1uHHO8rs">pic.twitter.com/kL1uHHO8rs</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1940214123335438453?ref_src=twsrc%5Etfw">July 2, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures </a>
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on Wednesday:
<ul class="wp-block-list">
<li>June&#8217;s ADP employment data will be out by 8:15 a.m. ET.</li>
</ul>
Stocks In Focus:
<ul class="wp-block-list">
<li>UniFirst Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNF#NYSE">UNF</a>) was up 2.41% in premarket on Wednesday as analysts expect it to report quarterly earnings of $2.09 per share on revenue of $614.51 million, before the opening bell.</li>
</ul>
<ul class="wp-block-list">
<li>Franklin Covey Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FC#NYSE">FC</a>) was 2.03% higher as it is expected to report earnings after market close. Analysts expect it to report a quarterly loss of 4 cents per share on revenue of $67.49 million.</li>
</ul>
<ul class="wp-block-list">
<li>Greenbrier Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBX#NYSE">GBX</a>) jumped 13.19% after posting stronger-than-expected results for the third quarter after the closing bell on Tuesday. The company posted quarterly earnings of $1.86 per share, beating market estimates of 98 cents per share.</li>
</ul>
<ul class="wp-block-list">
<li>Constellation Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) slipped 1.08% after posting weaker-than-expected earnings for its first quarter and affirming its FY2026 earnings guidance. It reported quarterly earnings of $3.22 per share, which missed the analyst consensus estimate of $3.31 per share.</li>
</ul>
<ul class="wp-block-list">
<li>Zenvia Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZENV#NASDAQ">ZENV</a>) rose 4.70% ahead of its first quarter earnings expected after the closing bell.</li>
</ul>
<ul class="wp-block-list">
<li>ShoulderUp Technology Acquisition Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAIC#NASDAQ">DAIC</a>) surged 224.08% as it announced a corporate action where SUACU shareholders will receive one new share of DAIC and 0.5 shares of DAICW for each old share. This move aims to boost stock performance, liquidity, and future growth.</li>
</ul>
<ul class="wp-block-list">
<li>Gryphon Digital Mining Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRYP#NASDAQ">GRYP</a>) climbed 58.68% as it filed an amended S-4 registration with the SEC for its stock-for-stock merger with American Bitcoin Corp.</li>
</ul>
<ul class="wp-block-list">
<li>Liminatus Pharma Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIMN#NASDAQ">LIMN</a>) gained 9.47% after the company said it regained compliance with Nasdaq&#8217;s listing requirements.</li>
</ul>
<ul class="wp-block-list">
<li>Revelation Biosciences Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REVB#NASDAQ">REVB</a>) dropped 14.63% as it announced the implementation of a 1-for-3 reverse split of its common stock following approval at its Special Meeting of Stockholders held on June 23, 2025.</li>
</ul>
<ul class="wp-block-list">
<li>Unity Biotechnology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UBX#NASDAQ">UBX</a>) declined 12.45% after the company disclosed that Nasdaq plans to delist its stock, citing diminished operations and failure to meet continued listing standards.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading higher in the early New York session by 0.61% to hover around $65.85 per barrel.
Gold Spot US Dollar fell 0.11% to hover around $3,335.36 per ounce. Its last record high stood at $3,500.33 per ounce. The U.S. Dollar Index spot was higher by 0.07% at the 96.8900 level.
Asian markets ended on a mixed note on Wednesday, as India's S&amp;P BSE Sensex, South Korea's Kospi, and Japan's Nikkei 225 indices fell. While Hong Kong's Hang Seng, Australia's ASX 200, and China&#8217;s CSI 300 indices rose. European markets were higher in early trade.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/politics/25/07/46213361/trump-is-slamming-jerome-powell-because-he-wants-a-weaker-dollar-says-ed-yardeni-pounding-powell-po">Trump Is Slamming Jerome Powell Because He &#8216;Wants A Weaker Dollar,&#8217; Says Ed Yardeni: &#8216;Pounding Powell = Pounding The Dollar&#8217;</a></li>
</ul>
Photo courtesy: godongphoto / Shutterstock.com

Equities

DAIC

GRYP

LIMN

REVB

ZENV

US Stocks Likely To Open Higher: S&P 500 Sees 'Average Gain Of 6.1%' In 2nd Half, Expert Says

The CNN Money Fear and Greed index showed some decline in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Tuesday.
U.S. stocks settled mixed on Tuesday, with the Dow Jones index gaining 400 points during the session. The U.S. Senate approved President Donald Trump&#8217;s &#8220;One Big, Beautiful Bill.&#8221;
On the economic front, the number of job openings climbed by 374,000 to 7.769 million in May. The ISM manufacturing PMI rose to 49 in June versus 48.5 in the previous month, compared to market estimates of 48.8. U.S. construction spending declined by 0.3% month-over-month to an annual rate of $2,138 billion in May.
MSC Industrial Direct Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) posted better-than-expected financial results for its fiscal third quarter of 2025.
Most sectors on the S&amp;P 500 closed on a positive note, with materials, health care and energy stocks recording the biggest gains on Tuesday. However, information technology and communication services bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 400 points to 44,494.94 on Tuesday. The S&amp;P 500 fell 0.11% to 6,198.01, while the Nasdaq Composite declined 0.82% to 20,202.89 during Tuesday's session.
Investors are awaiting earnings results from UniFirst Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNF#NYSE">UNF</a>) and The Greenbrier Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBX#NYSE">GBX</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 65.2, the index remained in the &#8220;Greed&#8221; zone on Tuesday, versus a prior reading of 65.5.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/07/46192054/cramer-backs-this-mining-giant-after-1-6b-bet">Cramer Backs This Mining Giant After $1.6B Bet</a> </li>
</ul>
Photo courtesy: Shutterstock

Dow Jumps 400 Points As Senate Approves Tax Bill: Investor Sentiment Edges Lower, But Fear Index Remains In 'Greed' Zone

U.S. stocks traded mixed this morning, with the Dow Jones index gaining over 50 points on Tuesday.
Following the market opening Tuesday, the Dow traded up 0.15% to 44,160.53 while the NASDAQ declined 0.42% to 20,284.31. The S&amp;P 500 also fell, dropping, 0.21% to 6,192.43.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/dividends/25/07/46191543/how-to-earn-500-a-month-from-unifirst-stock-ahead-of-q3-earnings">How To Earn $500 A Month From UniFirst Stock Ahead Of Q3 Earnings</a>
Leading and Lagging Sectors Consumer staples shares jumped by 0.7% on Tuesday.
In trading on Tuesday, energy stocks fell by 0.7%.
Top Headline
MSC Industrial Direct Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) posted better-than-expected financial results for its fiscal third quarter of 2025.
Net sales slipped 0.8% year over year to $971.1 million but edged past the consensus estimate of $970.23 million. The company reported adjusted earnings per share of $1.08, down 18.8% year over year, topping analysts' expectations of $1.03.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul class="wp-block-list">
<li>BioNexus Gene Lab Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BGLC#NASDAQ">BGLC</a>) shares shot up 225% to $10.09 after gaining 12% on Monday.</li>
<li>Shares of Wolfspeed, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>) got a boost, surging 149% to $0.9934 after the company initiated its pre-packaged restructuring process.</li>
<li>ClearOne, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLRO#NASDAQ">CLRO</a>) shares were also up, gaining 98% to $11.60. The company announced it will issue a one-time special stock dividend on July 18.</li>
</ul>
Equities Trading DOWN
<ul class="wp-block-list">
<li>Oragenics, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OGEN#NYSE">OGEN</a>) shares dropped 58% to $1.6194 after the company announced a $20 million public offering of preferred stock and warrants.</li>
<li>Shares of Sonim Technologies, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SONM#NASDAQ">SONM</a>) were down 47% to $0.6450 after the company announced the pricing of a $5.55 million offering of 7,400,000 shares at $0.75 per share.</li>
<li>Globavend Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GVH#NASDAQ">GVH</a>) was down, falling 45% to $0.0641.</li>
</ul>
Commodities In commodity news, oil traded up 0.5% to $65.42 while gold traded up 1.6% at $3,359.80.
Silver traded up 1.1% to $36.555 on Tuesday, while copper rose 1.9% to $5.1775.
Euro zone
European shares were lower today. The eurozone's STOXX 600 fell 0.4%, while Spain's IBEX 35 Index fell 0.1%. London's FTSE 100 fell 0.1%, Germany's DAX 40 declined 0.6% and France's CAC 40 slipped 0.4% during the session.
Asia Pacific Markets
Asian markets closed mixed on Tuesday, with Japan's Nikkei dipping 1.24%, China's Shanghai Composite gaining 0.39% and India's BSE Sensex gaining 0.11%.
Economics
<ul class="wp-block-list">
<li>The S&amp;P Global manufacturing PMI climbed to 52.9 in June compared to 52 in the previous month, and initial market estimates of 51.</li>
<li>The number of job quits increased by 78,000 to 3.293 million in May compared to the revised 3.215 million in the previous month.</li>
</ul>
Now Read This: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/07/46192054/cramer-backs-this-mining-giant-after-1-6b-bet">Cramer Backs This Mining Giant After $1.6B Bet</a> </li>
</ul>
Photo via Shutterstock

Eurozone

Commodities

BGLC

CLRO

OGEN

SONM

WOLF

US Stocks Mixed; Dow Gains Over 50 Points

MSC Industrial Direct Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) shares rose on Tuesday after the company posted better-than-expected financial results for its <a target="_blank" href="https://www.benzinga.com/pressreleases/25/07/n46190116/msc-industrial-supply-co-reports-fiscal-2025-third-quarter-results" rel="noreferrer noopener">fiscal third quarter of 2025</a>.
Net sales slipped 0.8% year over year to $971.1 million but edged past the <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">consensus estimate of $970.23 million</a>.
The company reported adjusted earnings per share of $1.08, down 18.8% year over year, topping analysts&#8217; expectations of $1.03.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-stock-ratings/price-target/25/06/46133786/top-wall-street-forecasters-revamp-msc-industrial-direct-expectations-ahead-of-q3-earnings" rel="noreferrer noopener">Top Wall Street Forecasters Revamp MSC Industrial Direct Expectations Ahead Of Q3 Earnings</a>
Average daily sales also declined 0.8% primarily due to lower volumes and a roughly 10 basis points (bps) headwind from foreign exchange rates. These negative impacts were partially offset by an approximately 80 bps contribution from pricing and about 60 bps from acquisitions.
The company reported gross margin of 41.0%, up slightly from 40.9% a year ago primarily driven by favorable price/cost relationship.
Adjusted operating income fell 21.8% to $87.2 million, while the adjusted operating margin dropped to 9% from 11.4% in the same quarter last year.
As of May 31, MSC held $71.7 million in cash and equivalents. Operating cash flow for the first nine months of fiscal 2025 totaled $253.5 million, while free cash flow reached $182 million, 129% of net income.
The company repurchased about 117,000 shares during the quarter and has returned roughly <a target="_blank" href="https://filecache.investorroom.com/ir1_mscdirect/740/FY25_Q3_Earnings_Presentation.pdf" rel="noreferrer noopener">$181 million</a> to shareholders through dividends and buybacks since the beginning of the year.
Regarding the navigation of tariff impacts, MSC Industrial has a detailed breakdown of its Cost of Goods Sold (COGS) by country of origin. Over 50% of its COGS originates from U.S., providing a strong domestic base.
Europe and China each account for approximately 10% of COGS, while the rest of the world contributes less than 25%. Canada and Mexico each represent less than 3% of COGS.
This diversified sourcing strategy, with a significant portion from U.S., helps in mitigating potential tariff exposures.
&#8220;The fiscal third quarter included encouraging data points, such as core customer sequential improvement, continued momentum in our high-touch solutions and a building productivity pipeline. Looking longer term, we remain steadfast in our commitment to restoring performance consistent with our long-term objectives of growing to 400 basis points or more above the IP Index and expanding operating margins to the mid-teens,&#8221; commented Erik Gershwind, Chief Executive Officer.
MSC expects fourth-quarter average daily sales to range from a decline of 0.5% to a gain of 1.5%, with an adjusted operating margin of 8.5% to 9%.
For fiscal year 2025, the company expects a free cash flow conversion of ~120% and capital expenditures of ~$100 million-$110 million.
Price Action: MSM shares are trading higher by 3.49% at $87.99 at the last check Tuesday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/07/46190114/boeing-spirit-deal-under-scrutiny-of-british-competition-authorities-as-initial-probe-begins-report" target="_blank" rel="noreferrer noopener">UK Antitrust Probe Targets Boeing&#8217;s Spirit Deal As Airbus Sells Off Assets</a></li>
</ul>
Photo by Karolis Kavolelis via Shutterstock

MSC Industrial Has An Edge With Tariffs, Can Protect Margins

WIIM

MSC Industrial Direct shares are trading higher after the company reported better-than-expected Q3 financial results.

<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="2" rowspan="1">Fourth Quarter Fiscal 2025 Financial Outlook</td>
</tr>
<tr>
<td colspan="1" rowspan="1">ADS Growth (YoY)</td>
<td colspan="1" rowspan="1">(0.5)% - 1.5%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Adjusted Operating Margin1</td>
<td colspan="1" rowspan="1">8.5% - 9.0%</td>
</tr>
<tr>
<td colspan="2" rowspan="1"> &nbsp;</td>
</tr>
</tbody>
</table>
</figure>
Full-Year Fiscal 2025 Outlook for Certain Financial Metrics Maintained
<ul>
<li>Depreciation and amortization expense of ~$90M-$95M</li>
<li>Interest and other expense of ~$45M</li>
<li>Capital expenditures of ~$100M-$110M</li>
<li>Free cash flow conversion1 of ~120%</li>
<li>Tax rate of ~24.5%-25.0%</li>
</ul>
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">1 Guidance provided is a non-GAAP figure presented on an adjusted basis. For further details see the Non-GAAP financial measures information presented in the schedules accompanying this press release.</td>
</tr>
</tbody>
</table>
</figure>

MSC Industrial Supply For Fourth Quarter Fiscal 2025 Projects ADS Growth Of (0.5)% To 1.5% And Adjusted Operating Margin Between 8.5% And 9.0%

MSC Industrial Direct Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) reported quarterly earnings of $1.08 per share which beat the analyst consensus estimate of $1.03 by 4.96 percent. This is a 18.8 percent decrease over earnings of $1.33 per share from the same period last year. The company reported quarterly sales of $971.14 million which beat the analyst consensus estimate of $970.23 million by 0.09 percent. This is a 0.84 percent decrease over sales of $979.35 million the same period last year.

Earnings Beats

MSC Industrial Direct Co Q3 Adj. EPS $1.08 Beats $1.03 Estimate, Sales $971.14M Beat $970.23M Estimate

U.S. futures slipped on Tuesday after two days of record-setting advances. Futures of major benchmark indices were trading lower.
Nasdaq and S&amp;P 500 scaled new highs on Monday. The Donald Trump administration is reportedly lowering its aspirations for comprehensive reciprocal deals. Instead, it is <a href="https://www.benzinga.com/markets/macro-economic-events/25/07/46188192/trump-administration-reportedly-scales-back-ambitions-for-comprehensive-trade-deals-before-tariff-deadline">favoring narrower agreement</a>s to avoid the reimposition of U.S. tariffs.
According to a Reuters report, the U.S. will resume trade negotiations with Canada immediately after Ottawa <a href="https://www.benzinga.com/markets/tech/25/06/46161429/canada-rescinds-digital-services-tax-after-trump-calls-it-a-blatant-attack-on-america">rescinded its digital services tax</a> targeting U.S. technology firms.
Meanwhile, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-06-30/eu-to-accept-trump-s-universal-tariff-but-seeks-key-exemptions">reported</a> that the European Union is willing to accept a trade arrangement with the U.S. that includes a 10% universal tariff on many of the bloc's exports. However, it wants the U.S. to commit to lower rates on key sectors such as pharmaceuticals, alcohol, semiconductors, and commercial aircraft. 
The 10-year Treasury bond yielded 4.19% and the two-year bond was at 3.70%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>&#8216;s projections show markets pricing a 78.8% likelihood of the Federal Reserve keeping the current interest rates unchanged in its July meeting. 
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.10%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.23%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.28%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.19%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, were lower in premarket on Tuesday. The SPY was down 0.15% at $616.92, while the QQQ declined 0.19% to $550.60, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro </a>data.
Cues From Last Session:
U.S. stocks settled higher on Monday, with the S&amp;P 500 hitting another record close, as information technology, financial, and real estate sectors recorded the biggest gains. However, energy and consumer discretionary stocks bucked the overall market trend, closing the session lower.
President Trump signaled openness to extending the July 9 deadline for reinstating reciprocal tariffs, adding that he remained optimistic about reaching key agreements in the coming weeks.
On the economic front, the Chicago PMI fell to 40.4 for June from 40.5 in May, and compared to market estimates of 42.7. The Dallas Fed's general business activity index for Texas manufacturing climbed to a reading of -12.7 in June compared to -15.3 in the previous month.
Hewlett-Packard Enterprise Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>) and Juniper Networks Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNPR#NYSE">JNPR</a>) reached an agreement with the U.S. Department of Justice (DOJ) on Saturday.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>0.47%</td>
<td>20,369.73</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.52%</td>
<td>6,204.95</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.63%</td>
<td>44,094.77</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.12%</td>
<td>2,175.04</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Despite signals of a cooling economy and what he describes as a &#8220;too tight&#8221; Federal Reserve policy, economist Jeremy Siegel sees a bullish path ahead for equities, predicting major indexes could climb another &#8220;5%-10%&#8221; before any significant reckoning from tariff hits.
&#8220;FOMO could add another 5%-10% to major indexes before earning a reckoning with any tariff earnings hit,&#8221; he said.
Markets, already notching fresh all-time highs, are benefitting from a confluence of factors, including de-escalated geopolitical tensions and a retreat in oil prices, he explains.
Siegel points to falling bond yields, with the 10-year Treasury in the &#8220;4.25%-4.30% range,&#8221; as a clear sign that the Fed&#8217;s stance remains restrictive. While personal income data has cooled and housing is &#8220;feeling the pinch of too-high interest rates,&#8221; Siegel believes these factors provide &#8220;ample cover&#8221; for the Fed to pivot.
However, he doesn&#8217;t expect a rate cut at the July 30 meeting, anticipating 25-basis point cuts at each of the subsequent three meetings into early 2026.
According to Siegel, corporate America is coping, with companies like Nike beating estimates despite a &#8220;tariff hit.&#8221; The prevailing skepticism among traders, evidenced by an elevated VIX, suggests that &#8220;FOMO could add another 5%-10% to major indexes.&#8221;
This momentum, he states, will be driven by &#8220;squeezed shorts, AI productivity and margin improvements,&#8221; emphasizing that &#8220;AI adoption can drive outsized efficiency gains&#8221; even in less direct plays like small-cap value.
Meanwhile, giving her outlook on Gold, Aksha Kamboj, the executive chairperson of Aspect Global Ventures, said, &#8220;Gold prices appear to have stabilized at lower levels and are gradually moving higher, driven by expectations that the U.S. Federal Reserve may implement deeper interest rate cuts in 2025 than previously forecast.&#8221;
&#8220;Key events such as the upcoming July 9 tariff deadline and this week's jobs data are likely to be major market catalysts. Strong demand from central banks and domestic buyers is expected to provide support to the precious metal,&#8221; she added.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures</a>
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on Tuesday:
<ul class="wp-block-list">
<li>June&#8217;s S&amp;P final U.S. manufacturing PMI will be out by 9:45 a.m., and May&#8217;s construction spending and job openings data will be released by 10:00 a.m. ET.</li>
<li>June&#8217;s ISM manufacturing data will be out by 10:00 a.m., whereas auto sales data will also be released on Tuesday.</li>
</ul>
Stocks In Focus:
<ul class="wp-block-list">
<li>MSC Industrial Direct Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) was up 0.80% in premarket on Tuesday as analysts expect it to report quarterly earnings of $1.03 per share on revenue of $970.23 million before the opening bell.</li>
<li>Constellation Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) was 0.037% below the flatline as analysts expect it to report earnings of $3.31 per share on revenue of $2.55 billion, after the closing bell.</li>
<li>Greenbrier Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBX#NYSE">GBX</a>) was 0.11% higher as analysts expect it to report quarterly earnings of 98 cents per share on revenue of $785.72 million after the closing bell.</li>
<li>Nektar Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKTR#NASDAQ">NKTR</a>) tumbled 2.98% after disclosing a proposed public offering of common stock.</li>
<li>Progress Software Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>) slipped 3.71% after posting better-than-expected earnings for the second quarter, while sales missed estimates. The company also raised its guidance for FY2025.</li>
<li>AeroVironment Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVAV#NASDAQ">AVAV</a>) declined 4.90% after it announced plans to offer $750 million of common stock and $600 million of convertible senior notes in proposed public offerings.</li>
<li>Wolfspeed Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>) surged over 80% in premarket after implementing a prepackaged restructuring plan supported by most of its lenders. This move aims to cut its debt by ~$4.6 billion or 70% and annual cash interest payments by ~60%, positioning it for accelerated growth and profitability by late third quarter.</li>
<li>Prestige Wealth Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PWM#NASDAQ">PWM</a>) zoomed 68.09% after divesting its Prestige Assets International Inc. subsidiary and its three units on June 25, to sharpen its focus on technology-driven wealth management.</li>
<li>Bitmine Immersion Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMNR#NYSE">BMNR</a>) gained 21.33% after announcing a $250 million private placement to launch its Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) Treasury Strategy, aiming to become one of the largest publicly traded ETH holders.</li>
<li>Gibo Holdings Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIBO#NASDAQ">GIBO</a>) declined over 7% after testing its AI-driven GIBO Click engine on uDrama, a rapidly growing global short drama platform.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading higher in the early New York session by 0.14% to hover around $65.20 per barrel.
Gold Spot US Dollar rose 1.11% to hover around $3,339.46 per ounce. Its last record high stood at $3,500.33 per ounce. The U.S. Dollar Index spot was lower by 0.33% at the 96.5570 level.
Asian markets ended on a mixed note on Tuesday, as Hong Kong's Hang Seng, Japan's Nikkei 225, Australia's ASX 200 indices declined, and India's S&amp;P BSE Sensex, China&#8217;s CSI 300, and South Korea's Kospi indices rose. European markets were lower in early trade.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/07/46188237/bill-gates-is-betting-two-thirds-of-his-foundations-portfolio-in-these-3-stocks">Bill Gates Is Betting Two-Thirds Of His Foundation&#8217;s Portfolio In These 3 Stocks</a></li>
</ul>
Photo courtesy: Shutterstock

$ETH

AVAV

BMNR

GIBO

JNPR

US Stock Futures Slip After Two Days Of Record Advances: 'FOMO Could Add Another 5%-10%…,' Says Expert

<h3>Companies Reporting Before The Bell</h3>
• MSC Industrial Direct Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) is projected to report quarterly earnings at $1.04 per share on revenue of $979.07 million. 
<h3>Companies Reporting After The Bell</h3>
• TechTarget (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTGT#NASDAQ">TTGT</a>) is likely to report earnings for its first quarter. 
• Greenbrier Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBX#NYSE">GBX</a>) is projected to report quarterly earnings at $0.99 per share on revenue of $785.72 million. 
• Constellation Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) is projected to report quarterly earnings at $3.39 per share on revenue of $2.56 billion. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

TTGT

Earnings Scheduled For July 1, 2025

Press Releases

MSC INDUSTRIAL SUPPLY CO. TO PARTICIPATE AT UPCOMING INVESTOR CONFERENCES

MSC INDUSTRIAL SUPPLY CO. TO WEBCAST REVIEW OF FISCAL 2025 SECOND QUARTER RESULTS

Dividends

MSC INDUSTRIAL SUPPLY CO. DECLARES REGULAR QUARTERLY DIVIDEND

MSC INDUSTRIAL SUPPLY CO. REPORTS FISCAL 2025 SECOND QUARTER RESULTS

MSC INDUSTRIAL SUPPLY CO. TO WEBCAST REVIEW OF FISCAL 2025 THIRD QUARTER RESULTS

MSC INDUSTRIAL SUPPLY CO. EARNS GREAT PLACE TO WORK CERTIFICATION™ FOR SECOND CONSECUTIVE YEAR

MSC INDUSTRIAL SUPPLY CO. REPORTS FISCAL 2025 THIRD QUARTER RESULTS

MSC INDUSTRIAL SUPPLY CO. ANNOUNCES RESIGNATION OF CHIEF FINANCIAL OFFICER AND SEES FISCAL FOURTH QUARTER PERFORMANCE TRENDING TOWARDS THE UPPER HALF OF GUIDANCE RANGE

Comments

MSC Industrial Direct Co

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL