Somewhat Favorable Press Coverage Somewhat Unlikely to Affect MSA Safety Incorporporated (MSA) Share Price
News headlines about MSA Safety Incorporporated (NYSE:MSA) have trended somewhat positive on Tuesday, according to Accern. Accern scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MSA Safety Incorporporated earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned media coverage about the industrial products company an impact score of 45.4048361534005 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news headlines that may have impacted Accern’s scoring:
- MSA Safety Incorporporated (MSA) Chairman William M. Lambert Sells 29,798 Shares (americanbankingnews.com)
- MSA CFO Kenneth Krause Recognized with 2017 CFO of the Year Award (finance.yahoo.com)
- MSA Safety Incorporporated (MSA) Chairman William M. Lambert Sells 17,944 Shares (americanbankingnews.com)
- MSA Safety Incorporporated (MSA) Insider Kerry M. Bove Sells 5,727 Shares (americanbankingnews.com)
- MSA Safety, Inc. : MSA-US: Dividend Analysis : November 14th, 2017 (record date) : By the numbers : November 14, 2017 (finance.yahoo.com)
Shares of MSA Safety Incorporporated (NYSE MSA) traded up $0.43 during mid-day trading on Tuesday, reaching $80.22. The company had a trading volume of 138,383 shares, compared to its average volume of 211,751. The stock has a market capitalization of $3,030.00, a PE ratio of 25.36 and a beta of 1.67. MSA Safety Incorporporated has a 12 month low of $61.75 and a 12 month high of $85.80. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.52 and a current ratio of 2.11.
MSA Safety Incorporporated (NYSE:MSA) last issued its quarterly earnings results on Thursday, October 19th. The industrial products company reported $0.92 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.13. The company had revenue of $296.13 million for the quarter, compared to analysts’ expectations of $298.47 million. MSA Safety Incorporporated had a return on equity of 20.56% and a net margin of 7.32%. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.72 earnings per share. equities research analysts predict that MSA Safety Incorporporated will post 3.31 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Sunday, December 10th. Investors of record on Tuesday, November 14th will be paid a $0.35 dividend. The ex-dividend date is Monday, November 13th. This represents a $1.40 annualized dividend and a yield of 1.75%. MSA Safety Incorporporated’s payout ratio is 63.93%.
Several equities analysts have recently issued reports on MSA shares. Stifel Nicolaus reissued a “buy” rating and set a $91.00 target price on shares of MSA Safety Incorporporated in a research note on Friday, August 4th. Zacks Investment Research raised MSA Safety Incorporporated from a “hold” rating to a “buy” rating and set a $91.00 target price on the stock in a research note on Thursday, October 26th. Barrington Research reissued a “market perform” rating on shares of MSA Safety Incorporporated in a research note on Monday, October 23rd. Robert W. Baird cut MSA Safety Incorporporated from an “outperform” rating to a “neutral” rating and set a $80.00 target price on the stock. in a research note on Tuesday, October 3rd. Finally, BidaskClub raised MSA Safety Incorporporated from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 17th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. MSA Safety Incorporporated currently has an average rating of “Hold” and a consensus price target of $89.00.
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In related news, Director John T. Ryan III sold 32,100 shares of the company’s stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $71.43, for a total value of $2,292,903.00. Following the sale, the director now directly owns 1,025,013 shares of the company’s stock, valued at $73,216,678.59. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO William M. Lambert sold 1,200 shares of the company’s stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $80.00, for a total value of $96,000.00. Following the completion of the sale, the chief executive officer now directly owns 164,737 shares in the company, valued at $13,178,960. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 118,303 shares of company stock worth $9,114,658. 11.47% of the stock is owned by insiders.
About MSA Safety Incorporporated
Mine Safety Appliances Company is engaged in the development, manufacture and supply of products that protect people’s health and safety. The Company’s line of safety products is used by workers worldwide in the fire service, homeland security, oil and gas, construction and other industries, as well as the military.
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