Analysts expect MSA Safety Incorporporated (NYSE:MSA) to post $295.08 million in sales for the current quarter, Zacks Investment Research reports. Four analysts have provided estimates for MSA Safety Incorporporated’s earnings, with the lowest sales estimate coming in at $290.73 million and the highest estimate coming in at $300.50 million. MSA Safety Incorporporated posted sales of $278.23 million during the same quarter last year, which suggests a positive year-over-year growth rate of 6.1%. The company is expected to announce its next quarterly earnings results on Thursday, October 26th.

On average, analysts expect that MSA Safety Incorporporated will report full year sales of $295.08 million for the current financial year, with estimates ranging from $1.17 billion to $1.19 billion. For the next year, analysts anticipate that the firm will post sales of $1.28 billion per share, with estimates ranging from $1.24 billion to $1.32 billion. Zacks Investment Research’s sales averages are an average based on a survey of research analysts that that provide coverage for MSA Safety Incorporporated.

MSA Safety Incorporporated (NYSE:MSA) last posted its quarterly earnings results on Thursday, August 3rd. The industrial products company reported $0.85 earnings per share for the quarter, missing the consensus estimate of $0.87 by $0.02. The business had revenue of $288.78 million for the quarter, compared to analyst estimates of $302.94 million. MSA Safety Incorporporated had a net margin of 6.74% and a return on equity of 19.64%. The firm’s quarterly revenue was down 2.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.79 earnings per share.

MSA has been the topic of several recent analyst reports. Stifel Nicolaus lifted their target price on MSA Safety Incorporporated from $81.00 to $91.00 and gave the stock a “buy” rating in a report on Monday, May 22nd. Zacks Investment Research upgraded MSA Safety Incorporporated from a “hold” rating to a “buy” rating and set a $87.00 target price on the stock in a report on Tuesday, May 2nd. BidaskClub lowered MSA Safety Incorporporated from a “buy” rating to a “hold” rating in a report on Friday, June 23rd. Robert W. Baird lifted their target price on MSA Safety Incorporporated from $82.00 to $84.00 and gave the stock an “outperform” rating in a report on Friday, June 30th. Finally, Barrington Research lifted their target price on MSA Safety Incorporporated from $78.00 to $88.00 and gave the stock an “outperform” rating in a report on Thursday, April 27th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $87.50.

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MSA Safety Incorporporated (MSA) traded down 0.74% on Friday, reaching $66.16. The company had a trading volume of 290,894 shares. MSA Safety Incorporporated has a 12 month low of $53.10 and a 12 month high of $84.86. The firm has a 50 day moving average price of $77.99 and a 200-day moving average price of $74.99. The stock has a market capitalization of $2.52 billion, a price-to-earnings ratio of 33.33 and a beta of 1.62.

The firm also recently announced a quarterly dividend, which will be paid on Sunday, September 10th. Shareholders of record on Wednesday, August 16th will be issued a dividend of $0.35 per share. The ex-dividend date is Monday, August 14th. This represents a $1.40 annualized dividend and a yield of 2.12%. MSA Safety Incorporporated’s dividend payout ratio is presently 71.07%.

Several hedge funds have recently modified their holdings of the stock. BlackRock Inc. raised its stake in shares of MSA Safety Incorporporated by 20,572.3% in the first quarter. BlackRock Inc. now owns 3,192,629 shares of the industrial products company’s stock worth $225,685,000 after buying an additional 3,177,185 shares during the period. State Street Corp raised its stake in shares of MSA Safety Incorporporated by 117.4% in the first quarter. State Street Corp now owns 2,098,154 shares of the industrial products company’s stock worth $148,317,000 after buying an additional 1,133,038 shares during the period. Principal Financial Group Inc. raised its stake in shares of MSA Safety Incorporporated by 96.4% in the second quarter. Principal Financial Group Inc. now owns 851,097 shares of the industrial products company’s stock worth $69,084,000 after buying an additional 417,796 shares during the period. SG Capital Management LLC purchased a new stake in shares of MSA Safety Incorporporated during the second quarter worth approximately $25,020,000. Finally, Vanguard Group Inc. raised its stake in shares of MSA Safety Incorporporated by 8.8% in the first quarter. Vanguard Group Inc. now owns 3,060,446 shares of the industrial products company’s stock worth $216,344,000 after buying an additional 247,532 shares during the period. Institutional investors own 64.29% of the company’s stock.

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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Earnings History and Estimates for MSA Safety Incorporporated (NYSE:MSA)

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