MSA Safety (MSA) to Release Quarterly Earnings on Monday

MSA Safety (NYSE:MSA) is scheduled to announce its earnings results after the market closes on Monday, April 29th. Analysts expect the company to announce earnings of $1.53 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

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 return on equity of 32.44% and a net margin of 3.28%. The firm had revenue of $495.00 million during the quarter, compared to the consensus estimate of $467.52 million. During the same quarter in the previous year, the business earned $1.80 earnings per share. The firm’s quarterly revenue was up 11.7% compared to the same quarter last year. 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 Price Performance

MSA stock opened at $188.78 on Friday. MSA Safety has a 12-month low of $122.57 and a 12-month high of $196.02. The stock has a 50-day moving average price of $186.97 and a two-hundred day moving average price of $172.72. 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 company has a market cap of $7.42 billion, a PE ratio of 130.19 and a beta of 1.01.

Insider Activity

In other news, CEO Nishan J. Vartanian sold 4,099 shares of the 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 completion of the sale, the chief executive officer now owns 67,800 shares in the company, valued at $12,593,850. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other MSA Safety news, 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 completion of the sale, the chief executive officer now owns 67,800 shares in the company, valued at approximately $12,593,850. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Rebecca B. Roberts sold 1,100 shares of the firm’s stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $181.84, for a total value of $200,024.00. Following the sale, the director now owns 8,474 shares of the company’s stock, valued at approximately $1,540,912.16. The disclosure for this sale can be found here. Over the last quarter, insiders sold 5,504 shares of company stock worth $1,017,991. 6.20% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

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

MSA Safety Company Profile

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.