Wall Street brokerages predict that MSA Safety Incorporporated (NYSE:MSA) will report sales of $328.76 million for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for MSA Safety Incorporporated’s earnings. The lowest sales estimate is $324.75 million and the highest is $331.30 million. MSA Safety Incorporporated posted sales of $296.03 million in the same quarter last year, which suggests a positive year-over-year growth rate of 11.1%. The business is scheduled to issue its next earnings results on Thursday, February 22nd.

On average, analysts expect that MSA Safety Incorporporated will report full-year sales of $328.76 million for the current year. For the next fiscal year, analysts expect that the business will post sales of $1.29 billion per share. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that follow MSA Safety Incorporporated.

MSA Safety Incorporporated (NYSE:MSA) last posted its quarterly earnings results on Thursday, October 19th. The industrial products company reported $0.92 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.13. MSA Safety Incorporporated had a net margin of 7.32% and a return on equity of 20.56%. The firm had revenue of $296.13 million for the quarter, compared to analyst estimates of $298.47 million. During the same quarter in the previous year, the business posted $0.72 earnings per share. The firm’s quarterly revenue was up 6.4% compared to the same quarter last year.

Several research firms have weighed in on MSA. BidaskClub upgraded shares of MSA Safety Incorporporated from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 17th. Robert W. Baird lifted their price objective on shares of MSA Safety Incorporporated from $80.00 to $89.00 and gave the stock a “neutral” rating in a research report on Sunday, October 22nd. Zacks Investment Research cut shares of MSA Safety Incorporporated from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. Stifel Nicolaus reiterated a “buy” rating and set a $91.00 price objective on shares of MSA Safety Incorporporated in a research report on Friday, August 4th. Finally, Barrington Research reiterated a “market perform” rating on shares of MSA Safety Incorporporated in a research report on Monday, October 23rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. MSA Safety Incorporporated has an average rating of “Hold” and an average price target of $89.00.

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MSA Safety Incorporporated (NYSE MSA) opened at $78.47 on Tuesday. MSA Safety Incorporporated has a 52-week low of $61.48 and a 52-week 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. The firm has a market cap of $2,972.58, a P/E ratio of 24.97 and a beta of 1.68.

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, December 10th. Shareholders of record on Tuesday, November 14th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.78%. The ex-dividend date of this dividend is Monday, November 13th. MSA Safety Incorporporated’s payout ratio is 64.52%.

In other MSA Safety Incorporporated news, VP Markus H. Weber sold 2,300 shares of MSA Safety Incorporporated stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of $71.08, for a total transaction of $163,484.00. Following the completion of the sale, the vice president now owns 13,801 shares of the company’s stock, valued at approximately $980,975.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Chairman William M. Lambert sold 7,258 shares of MSA Safety Incorporporated stock in a transaction on Monday, November 6th. The shares were sold at an average price of $79.55, for a total transaction of $577,373.90. Following the sale, the chairman now directly owns 164,737 shares of the company’s stock, valued at approximately $13,104,828.35. The disclosure for this sale can be found here. Insiders have sold a total of 64,834 shares of company stock valued at $4,847,536 in the last three months. Company insiders own 11.47% of the company’s stock.

Several large investors have recently modified their holdings of MSA. Riverhead Capital Management LLC boosted its stake in shares of MSA Safety Incorporporated by 58.1% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,265 shares of the industrial products company’s stock valued at $103,000 after buying an additional 465 shares during the period. Citigroup Inc. boosted its stake in shares of MSA Safety Incorporporated by 18.3% during the 2nd quarter. Citigroup Inc. now owns 1,401 shares of the industrial products company’s stock valued at $114,000 after buying an additional 217 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of MSA Safety Incorporporated by 8.6% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,560 shares of the industrial products company’s stock valued at $127,000 after buying an additional 124 shares during the period. Royal Bank of Canada boosted its stake in shares of MSA Safety Incorporporated by 3.3% during the 2nd quarter. Royal Bank of Canada now owns 1,643 shares of the industrial products company’s stock valued at $133,000 after buying an additional 53 shares during the period. Finally, Pacad Investment Ltd. boosted its stake in shares of MSA Safety Incorporporated by 27.8% during the 2nd quarter. Pacad Investment Ltd. now owns 2,300 shares of the industrial products company’s stock valued at $187,000 after buying an additional 500 shares during the period. 66.79% of the stock is owned by institutional investors.

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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