Professional
Added to YB: 2024-01-08
Pitch date: 2024-01-08
MSM [bullish]
MSC Industrial Direct Co., Inc.
+0.93%
current return
Author Info
No bio for this author
Company Info
MSC Industrial Direct Co., Inc., together with its subsidiaries, engages in the distribution of metalworking and maintenance, repair, and operations (MRO) products and services in the United States, Canada, Mexico, the United Kingdom, and internationally.
Market Cap
$4.0B
Pitch Price
$85.94
Price Target
112.00 (+29%)
Dividend
4.77%
EV/EBITDA
9.82
P/E
18.73
EV/Sales
1.21
Sector
Trading Companies and Distributors
Category
turnaround
MSC Industrial Direct Co. (MSM - Outperform)
MSM: Poised for cyclical recovery w/ 68% sales in manufacturing. Historically outperforms 13% after >50 PMI & 11-15% post rate cuts. Improved ROIC to 20%+ target could drive $140-$160 stock in 2-3yrs. $112 PT at 10x EV/EBITDA in 9-13x range. Risks: economy, execution, competition.
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