MSA Safety (MSA) to Release Earnings on Monday

MSA Safety (NYSE:MSA) will issue its quarterly earnings data after the market closes on Monday, April 29th. Analysts expect the company to announce earnings of $1.53 per share for the quarter.

MSA Safety (NYSE:MSA) last posted its quarterly earnings results on Wednesday, February 14th. The industrial products company reported $2.06 earnings per share for the quarter, beating analysts’ consensus estimates of $1.88 by $0.18. The firm had revenue of $495.00 million during the quarter, compared to the consensus estimate of $467.52 million. MSA Safety had a return on equity of 32.44% and a net margin of 3.28%. The business’s revenue was up 11.7% compared to the same quarter last year. During the same period last year, the company earned $1.80 earnings per share. On average, analysts expect MSA Safety to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

MSA Safety Trading Up 1.4 %

Shares of MSA Safety stock opened at $187.92 on Tuesday. The stock has a market cap of $7.39 billion, a P/E ratio of 129.60 and a beta of 1.01. The company has a quick ratio of 1.48, a current ratio of 2.36 and a debt-to-equity ratio of 0.60. MSA Safety has a 12-month low of $122.57 and a 12-month high of $196.02. The business’s 50 day moving average is $185.96 and its 200-day moving average is $172.01.

Insiders Place Their Bets

In other news, Director Rebecca B. Roberts sold 1,100 shares of the stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $181.84, for a total value of $200,024.00. Following the completion of the sale, the director now owns 8,474 shares of the company’s stock, valued at $1,540,912.16. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other MSA Safety news, Director Rebecca B. Roberts sold 1,100 shares of the business’s stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $181.84, for a total value of $200,024.00. Following the transaction, the director now directly owns 8,474 shares of the company’s stock, valued at $1,540,912.16. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Nishan J. Vartanian sold 4,099 shares of the firm’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $185.75, for a total transaction of $761,389.25. Following the sale, the chief executive officer now directly owns 67,800 shares of the company’s stock, valued at approximately $12,593,850. The disclosure for this sale can be found here. Insiders sold a total of 5,504 shares of company stock valued at $1,017,991 in the last 90 days. Corporate insiders own 6.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of MSA Safety from a “hold” rating to a “buy” rating in a research report on Friday, February 23rd. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $189.50.

MSA Safety Company Profile

MSA Safety Incorporated develops, manufactures, and supplies safety products and technology solutions that protect people and facility infrastructures in the fire service, energy, utility, construction, and industrial manufacturing applications, as well as heating, ventilation, air conditioning, and refrigeration industries worldwide.