MSC Industrial Direct Company Inc Stock News

MSC Industrial Direct's (MSM) CEO Erik Gershwind on Q2 2022 Results - Earnings Call Transcript

MSC Industrial (MSM) delivered earnings and revenue surprises of 3.20% and 0.30%, respectively, for the quarter ended February 2022. Do the numbers hold clues to what lies ahead for the stock?

MSC Industrial (MSM) delivered earnings and revenue surprises of 3.20% and 0.30%, respectively, for the quarter ended February 2022. Do the numbers hold clues to what lies ahead for the stock?

MSC Industrial (MSM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

MSC Industrial (MSM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Deere's (DE) Q1 performance is likely to reflect increased farm equipment demand on higher commodity prices and benefits from a margin-improvement plan.

Sealed Air's (SEE) Q4 performance is likely to reflect solid packaging demand for food, beverage and healthcare products and soaring e-commerce activities.

Yacktman's 13F equity portfolio value increased from $10.40B to $11.22B this quarter. Check out Yacktman’s largest five stakes of the portfolio.

MSC Industrial Direct: A Reasonable Prospect For Value Investors

I think the dividend is reasonably well covered, which makes this 3.7% yielding stock attractive.

Avery Dennison (AVY) gains from high packaging demand for essential products and investment in high-value products despite inflated material costs.

Sealed Air (SEE) will gain from strong demand for automated equipment and sustainable packaging, surging e-commerce activities and savings from its Reinvent SEE strategy.

Lindsay's (LNN) Q1 results reflect strong irrigation equipment demand. However, inflated raw material costs and supply chain challenges continue to dent margin.

The autonomous tractor will be showcased at Deere's (DE) CES booth from January 5-8.