Equities research analysts expect MSA Safety Inc (NYSE:MSA) to post sales of $390.57 million for the current fiscal quarter, according to Zacks. Three analysts have made estimates for MSA Safety’s earnings, with estimates ranging from $385.50 million to $395.82 million. MSA Safety reported sales of $361.78 million during the same quarter last year, which indicates a positive year over year growth rate of 8%. The firm is scheduled to issue its next quarterly earnings report on Wednesday, February 19th.
On average, analysts expect that MSA Safety will report full year sales of $1.42 billion for the current year, with estimates ranging from $1.41 billion to $1.42 billion. For the next financial year, analysts expect that the firm will report sales of $1.49 billion, with estimates ranging from $1.48 billion to $1.51 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that cover MSA Safety.
MSA has been the topic of a number of recent research reports. Zacks Investment Research lowered shares of MSA Safety from a “buy” rating to a “hold” rating in a research report on Wednesday, October 30th. Sidoti raised their price target on shares of MSA Safety from $109.00 to $120.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th.
A number of hedge funds have recently added to or reduced their stakes in MSA. Nuveen Asset Management LLC increased its holdings in MSA Safety by 1,006.4% in the 2nd quarter. Nuveen Asset Management LLC now owns 293,177 shares of the industrial products company’s stock valued at $30,898,000 after buying an additional 266,679 shares during the period. Morgan Stanley boosted its stake in shares of MSA Safety by 54.7% in the 2nd quarter. Morgan Stanley now owns 101,909 shares of the industrial products company’s stock valued at $10,740,000 after purchasing an additional 36,048 shares in the last quarter. Amundi Pioneer Asset Management Inc. boosted its stake in shares of MSA Safety by 15.9% in the 2nd quarter. Amundi Pioneer Asset Management Inc. now owns 234,998 shares of the industrial products company’s stock valued at $24,766,000 after purchasing an additional 32,163 shares in the last quarter. California Public Employees Retirement System boosted its stake in shares of MSA Safety by 44.4% in the 3rd quarter. California Public Employees Retirement System now owns 94,393 shares of the industrial products company’s stock valued at $10,299,000 after purchasing an additional 29,006 shares in the last quarter. Finally, UBS Group AG boosted its stake in shares of MSA Safety by 30.6% in the 2nd quarter. UBS Group AG now owns 72,513 shares of the industrial products company’s stock valued at $7,642,000 after purchasing an additional 16,996 shares in the last quarter. 75.72% of the stock is currently owned by hedge funds and other institutional investors.
NYSE:MSA traded up $2.23 during mid-day trading on Monday, reaching $137.83. 195,985 shares of the company’s stock were exchanged, compared to its average volume of 181,514. MSA Safety has a one year low of $96.01 and a one year high of $139.89. The firm has a market capitalization of $5.25 billion, a PE ratio of 41.52 and a beta of 1.20. The business’s fifty day simple moving average is $131.65 and its two-hundred day simple moving average is $117.22. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.88 and a current ratio of 2.62.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 12th will be issued a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 1.22%. The ex-dividend date is Tuesday, February 11th. MSA Safety’s dividend payout ratio is currently 37.33%.
MSA Safety Company Profile
MSA Safety Incorporated develops, manufactures, and supplies safety products that protect people and facility infrastructures in the oil, gas, petrochemical, fire service, construction, utilities, and mining industries worldwide. It operates through Americas and International segments. The company's core product offerings include permanently installed fixed gas and flame detection instruments, such as permanently installed gas detection monitoring systems, and flame detectors and open-path infrared gas detectors, as well as replacement components and related services to detect the presence or absence of various gases in the air.
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