MSM Stock Summary and Trading Ideas (MSC Industrial Direct Company | NYSE:MSM)

MSC Industrial Direct is one of the largest industrial distributors with a focus on metalworking and maintenance, repair, and operations products and services. The company offers over 2 million products through its distribution network, which has 11 fulfillment centers. Although MSC has a presence in Canada, Mexico, and the United Kingdom, it primarily operates in the United States. In fiscal 2023, 95% of the firm's $4.0 billion of sales was generated in the US.

MSC Industrial Direct Company trades on the NYSE stock market under the symbol MSM.

As of December 12, 2024, MSM stock price declined to $83.12 with 369,890 million shares trading.

MSM has a beta of 0.86, meaning it tends to be less sensitive to market movements. MSM has a correlation of 0.16 to the broad based SPY ETF.

MSM has a market cap of $4.65 billion. This is considered a Mid Cap stock.

Last quarter MSC Industrial Direct Company reported $952 million in Revenue and $1.03 earnings per share. This fell short of revenue expectation by $-7 million and missed earnings estimates by -$.05.

In the last 3 years, MSM traded as high as $105.77 and as low as $71.33.

The top ETF exchange traded funds that MSM belongs to (by Net Assets): IJH, VTI, SCHD, VB, DVY.

MSM has underperformed the market in the last year with a price return of -12.9% while the SPY ETF gained +32.3%. MSM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +7.7% and -2.5%, respectively, while the SPY returned +9.3% and +0.9%, respectively.

MSM support price is $82.53 and resistance is $85.25 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MSM shares will trade within this expected range on the day.