MSA Safety Incorporated (NYSE:MSA) Receives $205.00 Average PT from Analysts

Shares of MSA Safety Incorporated (NYSE:MSA) have been given a consensus rating of “Buy” by the five brokerages that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $202.50.

Several research firms recently weighed in on MSA. Jefferies Financial Group started coverage on shares of MSA Safety in a research note on Thursday, December 12th. They set a “hold” rating and a $200.00 price objective on the stock. DA Davidson began coverage on shares of MSA Safety in a report on Thursday, December 19th. They issued a “buy” rating and a $195.00 target price on the stock. Finally, B. Riley started coverage on shares of MSA Safety in a report on Tuesday, November 5th. They issued a “buy” rating and a $200.00 price target for the company.

Hedge Funds Weigh In On MSA Safety

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Mutual of America Capital Management LLC raised its stake in shares of MSA Safety by 0.3% in the 3rd quarter. Mutual of America Capital Management LLC now owns 21,267 shares of the industrial products company’s stock valued at $3,771,000 after purchasing an additional 71 shares during the period. Legacy Wealth Asset Management LLC raised its position in MSA Safety by 1.3% in the 3rd quarter. Legacy Wealth Asset Management LLC now owns 5,418 shares of the industrial products company’s stock valued at $961,000 after buying an additional 72 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its stake in MSA Safety by 4.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,052 shares of the industrial products company’s stock valued at $364,000 after acquiring an additional 84 shares in the last quarter. Tidal Investments LLC boosted its position in MSA Safety by 1.1% during the 3rd quarter. Tidal Investments LLC now owns 8,060 shares of the industrial products company’s stock worth $1,429,000 after acquiring an additional 90 shares during the last quarter. Finally, Bank of Montreal Can grew its stake in shares of MSA Safety by 1.6% during the 2nd quarter. Bank of Montreal Can now owns 6,845 shares of the industrial products company’s stock worth $1,307,000 after acquiring an additional 109 shares in the last quarter. 92.51% of the stock is owned by institutional investors and hedge funds.

MSA Safety Price Performance

MSA opened at $168.94 on Thursday. The company has a fifty day moving average price of $171.63 and a two-hundred day moving average price of $177.66. The firm has a market capitalization of $6.64 billion, a PE ratio of 24.41 and a beta of 0.99. MSA Safety has a 52 week low of $160.02 and a 52 week high of $200.60. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.56 and a current ratio of 2.68.

MSA Safety (NYSE:MSA) last released its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $1.78 by $0.05. MSA Safety had a return on equity of 29.14% and a net margin of 15.16%. The business had revenue of $432.68 million during the quarter, compared to the consensus estimate of $449.95 million. During the same quarter in the prior year, the company posted $1.78 earnings per share. The firm’s revenue was down 3.1% on a year-over-year basis. As a group, analysts anticipate that MSA Safety will post 7.66 earnings per share for the current year.

MSA Safety Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Friday, November 15th were issued a dividend of $0.51 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.21%. MSA Safety’s payout ratio is 29.48%.

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.