MSA Safety Incorporporated (NYSE:MSA) Stock Has Consensus Price Target of $211.33

Shares of MSA Safety Incorporporated (NYSE:MSA) have received an average rating of “Hold” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $211.33.

Several brokerages have issued reports on MSA. JPMorgan Chase & Co. boosted their target price on shares of MSA Safety Incorporporated from $210.00 to $220.00 and gave the company a “neutral” rating in a research note on Monday, August 3rd. Wall Street Zen lowered MSA Safety Incorporporated from a “buy” rating to a “hold” rating in a research report on Monday, September 14th. DA Davidson set a $223.00 price target on shares of MSA Safety Incorporporated in a report on Tuesday, August 4th. B. Riley Financial downgraded shares of MSA Safety Incorporporated from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $210.00 to $195.00 in a research report on Monday, August 3rd. Finally, Robert W. Baird increased their target price on shares of MSA Safety Incorporporated from $197.00 to $215.00 and gave the stock a “neutral” rating in a research report on Monday, August 3rd.

MSA Safety Incorporporated Stock Performance

MSA opened at $182.64 on Wednesday. The company has a quick ratio of 2.02, a current ratio of 3.24 and a debt-to-equity ratio of 0.42. The firm has a market cap of $7.05 billion, a PE ratio of 22.72 and a beta of 0.92. The business has a fifty day simple moving average of $185.97 and a 200-day simple moving average of $174.69. MSA Safety Incorporporated has a fifty-two week low of $151.10 and a fifty-two week high of $208.92.

MSA Safety Incorporporated (NYSE:MSA) last issued its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.40 earnings per share for the quarter, topping analysts’ consensus estimates of $2.14 by $0.26. MSA Safety Incorporporated had a return on equity of 25.13% and a net margin of 16.13%.The firm had revenue of $503.33 million for the quarter, compared to analysts’ expectations of $496.27 million. During the same quarter last year, the business posted $1.93 EPS. MSA Safety Incorporporated’s revenue was up 6.2% on a year-over-year basis. As a group, equities analysts predict that MSA Safety Incorporporated will post 9.12 EPS for the current fiscal year.

MSA Safety Incorporporated Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Friday, August 14th were given a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Friday, August 14th. MSA Safety Incorporporated’s dividend payout ratio is presently 26.87%.

Insider Transactions at MSA Safety Incorporporated

In other news, Chairman Nishan Vartanian sold 20,000 shares of MSA Safety Incorporporated stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $193.99, for a total transaction of $3,879,800.00. Following the completion of the sale, the chairman directly owned 50,324 shares in the company, valued at $9,762,352.76. The trade was a 28.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Jonathan Buck sold 469 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $191.00, for a total value of $89,579.00. Following the completion of the sale, the chief accounting officer directly owned 3,776 shares of the company’s stock, valued at approximately $721,216. The trade was a 11.05% decrease in their position. The SEC filing for this sale provides additional information. 0.70% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Moody National Bank Trust Division lifted its position in shares of MSA Safety Incorporporated by 7.0% during the 3rd quarter. Moody National Bank Trust Division now owns 1,228 shares of the industrial products company’s stock worth $218,000 after buying an additional 80 shares in the last quarter. Root Financial Partners LLC grew its holdings in shares of MSA Safety Incorporporated by 109.3% in the first quarter. Root Financial Partners LLC now owns 157 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 82 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of MSA Safety Incorporporated by 39.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 331 shares of the industrial products company’s stock valued at $53,000 after acquiring an additional 94 shares in the last quarter. State of Michigan Retirement System increased its position in shares of MSA Safety Incorporporated by 1.2% during the first quarter. State of Michigan Retirement System now owns 8,755 shares of the industrial products company’s stock valued at $1,435,000 after acquiring an additional 100 shares during the last quarter. Finally, Versant Capital Management Inc increased its position in shares of MSA Safety Incorporporated by 26.8% during the third quarter. Versant Capital Management Inc now owns 492 shares of the industrial products company’s stock valued at $88,000 after acquiring an additional 104 shares during the last quarter. 92.51% of the stock is owned by institutional investors.

About MSA Safety Incorporporated

MSA Safety Incorporated develops and manufactures safety products and systems designed to protect workers and facility occupants in hazardous environments. Its solutions are used across industries including construction, manufacturing, utilities, oil and gas, mining, emergency services, and public safety.

The company’s product portfolio includes industrial head, face, eye, and hearing protection; fire and rescue helmets and protective equipment; respiratory protection; portable and fixed gas-detection instruments; fall-protection systems; thermal-imaging cameras; and related software and connected safety technologies.