MSA Safety (MSA) Set to Announce Quarterly Earnings on Monday

MSA Safety (NYSE:MSA) will be issuing its quarterly earnings data after the market closes on Monday, April 29th. Analysts expect the company to announce earnings of $1.53 per share for the quarter.

MSA Safety (NYSE:MSA) last posted its quarterly earnings results on Wednesday, February 14th. The industrial products company reported $2.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.88 by $0.18. MSA Safety had a net margin of 3.28% and a return on equity of 32.44%. The company had revenue of $495.00 million during the quarter, compared to the consensus estimate of $467.52 million. During the same period last year, the firm earned $1.80 EPS. The company’s revenue for the quarter was up 11.7% on a year-over-year basis. On average, analysts expect MSA Safety to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

MSA Safety Stock Performance

NYSE:MSA opened at $187.92 on Tuesday. MSA Safety has a twelve month low of $122.57 and a twelve month high of $196.02. The company has a market capitalization of $7.39 billion, a P/E ratio of 129.60 and a beta of 1.01. The company has a current ratio of 2.36, a quick ratio of 1.48 and a debt-to-equity ratio of 0.60. The firm has a 50-day moving average price of $185.96 and a two-hundred day moving average price of $172.01.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of MSA Safety from a “hold” rating to a “buy” rating in a research note on Friday, February 23rd. One research analyst has rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $189.50.

Insider Buying and Selling

In other MSA Safety news, CEO Nishan J. Vartanian sold 4,099 shares of the firm’s stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $185.75, for a total value of $761,389.25. Following the transaction, the chief executive officer now directly owns 67,800 shares of the company’s stock, valued at $12,593,850. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other MSA Safety news, CAO Jonathan D. Buck sold 305 shares of the company’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $185.50, for a total value of $56,577.50. Following the transaction, the chief accounting officer now directly owns 3,506 shares of the company’s stock, valued at approximately $650,363. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Nishan J. Vartanian sold 4,099 shares of the firm’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $185.75, for a total transaction of $761,389.25. Following the sale, the chief executive officer now directly owns 67,800 shares of the company’s stock, valued at approximately $12,593,850. The disclosure for this sale can be found here. In the last quarter, insiders sold 5,504 shares of company stock valued at $1,017,991. 6.07% of the stock is currently owned by corporate insiders.

About MSA Safety

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.