MSA Safety Incorporated Common (NYSE:MSA):
MSA to Present at Stifel Industrials Conference.
The company is trading up by 0.55% since yesterday’s close of $83.33.
The company also recently announced a dividend which was paid on Saturday June 10th, 2017. The dividend payment was $0.350 per share for the quarter which comes to $1.40 on an annualized basis. This dividend amount represented a yeild of $1.68. The ex-dividend date was set for Friday the 19th of May 2017.
MSA Safety Incorporated, launched on February 25, 2014, is involved in the development, manufacture and supply of safety products that protect people and facility infrastructures. The Business’s safety products integrate a combination of electronics, mechanical systems and materials to protect users against hazardous or life threatening situations. The Company operates through three segments: Americas, International and Corporate. The Business’s line of safety products are used by workers around the world in a range of markets, including the oil and gas, fire service, utilities, construction and mining industries. The Company also sells products designed for specific industrial and military applications. The Business’s core products include self-contained breathing apparatus (SCBA), fixed gas and flame detection systems, portable gas detection instruments, industrial head protection, fire and rescue helmets, and fall protection devices. Its customers fall into two categories: distributors and industrial or military end users..
The stock is trading at $83.79 which is marginally over $79.10, the stock’s 50 day moving average and just above the 200 day moving average of $71.47. The 50 day moving average went up by +6.17% and the 200 day average was up $12.51.
The P/E ratio is currently 33.95 and market cap is 3.19B. As of the last earnings report the EPS was $2.47 and is projected to be $3.23 for the current year with 37,939,000 shares outstanding. Next quarter’s EPS is expected be $0.84 with next year’s EPS projected to be $3.66.
Several Wall Street analysts have released opinions on the company of late. On October 31, 2016 the stock rating was set at “Outperform” in a report from Baird which was a boost from the previous “Neutral” rating. On July 22 the company was rated “Neutral” according to a Baird report down from the previous “” rating.
On June 14 the company was changed to a “Buy” by Stifel Nicolaus which is up from the previous “Hold” rating. On April 19, 2016 the stock rating was set at “Neutral” according to a Sidoti & Co. report a cut from the previous “” rating.
On July 24 the stock rating was downgraded from “Accumulate” to “Neutral” and a price target of $52.00 was set by Global Hunter. July 24 investment analysts at Global Hunter made no change to the price objective of $52.00 but cut the company to Neutral from Accumulate.