MSC Industrial Analysts Boost Their Forecasts After Upbeat Q3 Results

Benzinga07-03 00:23

MSC Industrial Direct Company, Inc. (NYSE:MSM) on Wednesday reported upbeat fiscal third-quarter 2026 results.

Adjusted earnings came in at $1.43 per share, beating the analyst consensus estimate of $1.26. Revenue increased 7.8% year over year to $1.047 billion, exceeding analysts’ expectations of $1.031 billion. Pricing contributed 720 basis points to growth, while volume added 50 basis points sequentially.

For the fiscal fourth quarter, MSC expects average daily sales growth of 6.5% to 8.5%, with June average daily sales projected to increase about 7%.

The company expects gross margin to decline 40 to 50 basis points sequentially because of normal seasonal trends. Adjusted operating margin is forecast to range between 10.0% and 10.8%, implying incremental operating margins in the mid-20% range.

MSC Industrial Direct shares rose 2.1% to trade at $125.90 on Thursday.

These analysts made changes to their price targets on MSC Industrial Direct following earnings announcement.

DA Davidson analyst Chris Dankert maintained the stock with a Buy and raised the price target from $145 to $150.
Keybanc analyst Ken Newman maintained the stock with an Overweight rating and raised the price target from $132 to $145.

Considering buying MSM stock? Here’s what analysts think:

Photo via Shutterstock

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Pricing contributed 720 basis points to growth, while volume added 50 basis points sequentially.</p>\n<p>For the fiscal fourth quarter, MSC expects average daily sales growth of 6.5% to 8.5%, with June average daily sales projected to increase about 7%.</p>\n<p>The company expects gross margin to decline 40 to 50 basis points sequentially because of normal seasonal trends. Adjusted operating margin is forecast to range between 10.0% and 10.8%, implying incremental operating margins in the mid-20% range.</p>\n<p>MSC Industrial Direct shares rose 2.1% to trade at $125.90 on Thursday.</p>\n<p>These analysts made changes to their price targets on MSC Industrial Direct following earnings announcement.</p>\n<ul>\n<li>DA Davidson analyst Chris Dankert maintained the stock with a Buy and raised the price target from $145 to $150.</li>\n<li>Keybanc analyst Ken Newman maintained the stock with an Overweight rating and raised the price target from $132 to $145.</li>\n</ul>\n<p><strong>Considering buying MSM stock? 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(NYSE:MSM) on Wednesday reported upbeat fiscal third-quarter 2026 results.</p>\n<p>Adjusted earnings came in at $1.43 per share, beating the analyst consensus estimate of $1.26. Revenue increased 7.8% year over year to $1.047 billion, exceeding analysts’ expectations of $1.031 billion. Pricing contributed 720 basis points to growth, while volume added 50 basis points sequentially.</p>\n<p>For the fiscal fourth quarter, MSC expects average daily sales growth of 6.5% to 8.5%, with June average daily sales projected to increase about 7%.</p>\n<p>The company expects gross margin to decline 40 to 50 basis points sequentially because of normal seasonal trends. 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Analysts raised price targets.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4150":"赌场与赌博","BK4104":"贸易公司与经销商","MSM":"MSC Industrial Direct Co","MSC":"新濠影汇","BK4575":"芯片概念"},"translate_title":"MSC工业分析师在第三季度业绩乐观后上调预测","themeId":"11c8fbbf839f433c9d274cef5f173382","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSM":1,"MSC":1.5},"content_text":"MSC Industrial Direct Company, Inc. (NYSE:MSM) on Wednesday reported upbeat fiscal third-quarter 2026 results.\nAdjusted earnings came in at $1.43 per share, beating the analyst consensus estimate of $1.26. Revenue increased 7.8% year over year to $1.047 billion, exceeding analysts’ expectations of $1.031 billion. Pricing contributed 720 basis points to growth, while volume added 50 basis points sequentially.\nFor the fiscal fourth quarter, MSC expects average daily sales growth of 6.5% to 8.5%, with June average daily sales projected to increase about 7%.\nThe company expects gross margin to decline 40 to 50 basis points sequentially because of normal seasonal trends. Adjusted operating margin is forecast to range between 10.0% and 10.8%, implying incremental operating margins in the mid-20% range.\nMSC Industrial Direct shares rose 2.1% to trade at $125.90 on Thursday.\nThese analysts made changes to their price targets on MSC Industrial Direct following earnings announcement.\n\nDA Davidson analyst Chris Dankert maintained the stock with a Buy and raised the price target from $145 to $150.\nKeybanc analyst Ken Newman maintained the stock with an Overweight rating and raised the price target from $132 to $145.\n\nConsidering buying MSM stock? 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