How to Buy Msc Industrial Direct Co Stock
Msc Industrial Direct Co Inc
Msc Industrial Direct Co is a industrial distribution company located in New York, United States, which is part of the Industrials sector, and is traded under the ticker MSM on the NYSE exchange.
Msc Industrial Direct Co stock last closed at $92.46, up 1.12% from the previous day, and has increased 2.79% in one year. It has underperformed other stocks in the Industrial Distribution industry by 0.27 percentage points. Msc Industrial Direct Co stock is currently +4.9% from its 52-week low of $88.14, and -12.58% from its 52-week high of $105.77.
At the moment, there are 56.3M MSM shares outstanding. The market cap of MSM is $5.21B. In the last 24 hours, 559,613 MSM shares were traded.
How to Buy Msc Industrial Direct Co Stock
Not sure how to invest in Msc Industrial Direct Co stock? Here's how.
- Figure out where to buy Msc Industrial Direct Co stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Msc Industrial Direct Co stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Choose your payment method and add your information.
- Evaluate Msc Industrial Direct Co stock: The Msc Industrial Direct Co ticker symbol is MSM. Is Msc Industrial Direct Co stock a good investment? Should you buy shares of MSM? How do MSM's underlying business fundamentals look? Do top analysts think Msc Industrial Direct Co is a good buy? Why has MSM's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if MSM is a good stock to buy).
- Execute your MSM purchase: Decide if you will purchase MSM shares at the current market price or use a limit order to purchase MSM stock at a specific price.
- Watch your investment in MSM: Create a watchlist to monitor your investment in Msc Industrial Direct Co stock.
Step 1: Figure out where to buy Msc Industrial Direct Co stock
You will need a brokerage account in order to access the NYSE market and buy MSM stock.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. Here's why:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
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- Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal info so you are able to invest in MSM stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start your new brokerage account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have finished signing up on app for stock, you can securely and quickly fund your account:
Watch the walkthrough below for more details depositing funds into your new investment account.
Step 4: Evaluate Msc Industrial Direct Co stock
After you have identified the best place to buy Msc Industrial Direct Co stock, it's absolutely critical to evaluate their stock prior to buying, so you actually comprehend the risk and opportunity.
Msc Industrial Direct Co quick stats
Msc Industrial Direct Co Due Diligence Checks
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on MSM's stock page.
What is the fair value of MSM stock?
Investors use many financial metrics, analyses, models, and charts to gauge MSM's fair value.
Using relative valuations methods:
- MSM may be undervalued based on its P/E ratio of 16.51x, relative to Industrial Distribution industry P/E ratio of 504.23x
- MSM could be undervalued based on its P/B ratio of 3.74x, relative to Industrial Distribution industry P/B ratio of 6.71x
You can do additional valuation analysis on MSM's stock here.
MSM Financial Summary
Signs that MSM is financially healthy:
- There are more short-term assets than long-term liabilities on the MSM balance sheet.
- MSM earnings of $436.04M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the MSM balance sheet.
- MSM's operating cash flow of $443.05M allows it to safely service it's debt of $615.22M.
Signs that MSM is not financially healthy:
- Total MSM debt is higher than 5 years ago, relative to shareholder equity.
- MSM profit margin has gone down from 9.3% to 7.9% in the past year.
- MSM has a relatively high debt to equity ratio of 0.79.
Is MSM stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 sell side analysts who monitor MSM, the consensus analyst rating on Msc Industrial Direct Co is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Msc Industrial Direct Co stock forecast page.
MSM Technicals
MSM Growth Numbers
Last year, MSM earnings were $313.98M. Over the last 5 year, MSM's earnings have gone up by 1.18% per year. This was slower than the Industrial Distribution industry average of 12.07%.
Last year, MSM revenue was $3.98B. During the last 5 year, MSM's revenue has increased by 3.68% per year. This was slower than the Industrial Distribution industry average of 23.34%.
Dig into MSM's earnings and revenue performance here.
Latest Insiders Trades at MSM
In the past 12 months, executives and large shareholders at MSM have sold more shares than they have bought.
John Hill, SVP Chief Digital Info Offr. of MSM, was the latest MSM insider to sell. They sold $24,231.60 worth of MSM stock on Apr 18, 2024.
Get more info about who owns MSM stock here.
Does MSM stock generate passive income?
Msc Industrial Direct Co pays a dividend of 3.55%, compared to the Industrial Distribution industry's average dividend yield of 1.77%. If you owned $1,000 worth of MSM stock, you would have received $35.47 last year.
Msc Industrial Direct Co dividend payments have consistently grown over the past decade but have not remained stable.
Find more analysis about Msc Industrial Direct Co dividend yield and history here.
MSM Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your MSM purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount limit, use a limit order.
Press the Open button and eToro will execute your order.
If you need additional help investing in stocks on eToro, click the helpful video below:
Step 6: Watch your investment in MSM
Now that you own some shares in MSM, you'll want to stay up-to-date on your company.
Put MSM on a watchlist to keep track of your MSM stock.
MSM Feed
How to Buy Stock in Msc Industrial Direct Co
To reiterate, here are the 6 steps for buying Msc Industrial Direct Co stock:
- Figure out where to buy Msc Industrial Direct Co stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Evaluate Msc Industrial Direct Co stock
- Execute your MSM purchase
- Watch your investment in MSM
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Msc Industrial Direct Co, click below.
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