MSC Industrial Direct (MSM)

• Market cap: $4.29B
• 1 day: -0.32%
• 5 days: -7.18%
• 1 month: -5.62%
• 3 months: -8.45%
• 6 months: -2.63%
• Year to date: -22.84%
• 1 year: -24.39%
• 5 years: -2.54%
• 10 years: -5.09%
• Sector: Industrials
• Industry: Industrial Machinery & Equipment

About: 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.

Employees: 7,423

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

470% more call options, than puts

Call options by funds: $54.4M | Put options by funds: $9.54M

10% more capital invested

Capital invested by funds: $3.53B [Q2] → $3.87B (+$343M) [Q3]

1.13% more ownership

Funds ownership: 79.11% [Q2] → 80.24% (+1.13%) [Q3]

2% less funds holding

Funds holding: 413 [Q2] → 406 (-7) [Q3]

10% less repeat investments, than reductions

Existing positions increased: 145 | Existing positions reduced: 162

11% less first-time investments, than exits

New positions opened: 55 | Existing positions closed: 62

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $73 5% downside
• Avg. target: $83 8% upside
• High target: $91 19% upside

3 analyst ratings

• positive: 0 0%
• neutral: 3 100%
• negative: 0 0%

Stephens & Co. Tommy Moll 89% 1-year accuracy 17 / 19 met price target	11% upside $85	Equal-Weight Downgraded	4 Dec 2024
JP Morgan Patrick Baumann 0 / 0 met price target	5% downside $73	Neutral Maintained	25 Oct 2024
Baird David Manthey 59% 1-year accuracy 22 / 37 met price target	19% upside $91	Neutral Maintained	16 Oct 2024