Brokerages Set MSA Safety Incorporated (NYSE:MSA) Price Target at $202.50

MSA Safety Incorporated (NYSE:MSA) has been given an average rating of “Buy” by the five ratings firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $202.50.

MSA has been the subject of several analyst reports. DA Davidson assumed coverage on MSA Safety in a report on Thursday, December 19th. They set a “buy” rating and a $195.00 target price for the company. Jefferies Financial Group assumed coverage on shares of MSA Safety in a report on Thursday, December 12th. They set a “hold” rating and a $200.00 price target on the stock. Finally, B. Riley assumed coverage on MSA Safety in a research note on Tuesday, November 5th. They issued a “buy” rating and a $200.00 price target for the company.

Institutional Trading of MSA Safety

Several large investors have recently made changes to their positions in the business. Mutual of America Capital Management LLC lifted its holdings in MSA Safety by 0.3% in the third quarter. Mutual of America Capital Management LLC now owns 21,267 shares of the industrial products company’s stock valued at $3,771,000 after buying an additional 71 shares during the period. Legacy Wealth Asset Management LLC lifted its stake in shares of MSA Safety by 1.3% in the 3rd quarter. Legacy Wealth Asset Management LLC now owns 5,418 shares of the industrial products company’s stock valued at $961,000 after purchasing an additional 72 shares during the period. UMB Bank n.a. boosted its position in shares of MSA Safety by 78.4% in the 4th quarter. UMB Bank n.a. now owns 182 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 80 shares during the last quarter. Creative Financial Designs Inc. ADV grew its stake in shares of MSA Safety by 4.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 2,052 shares of the industrial products company’s stock worth $364,000 after purchasing an additional 84 shares during the period. Finally, Tidal Investments LLC increased its holdings in MSA Safety by 1.1% in the third quarter. Tidal Investments LLC now owns 8,060 shares of the industrial products company’s stock valued at $1,429,000 after purchasing an additional 90 shares during the last quarter. Institutional investors own 92.51% of the company’s stock.

MSA Safety Price Performance

NYSE MSA opened at $163.79 on Monday. The firm has a market capitalization of $6.44 billion, a PE ratio of 23.67 and a beta of 1.00. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.68 and a quick ratio of 1.56. MSA Safety has a 12 month low of $153.79 and a 12 month high of $200.60. The company’s 50 day simple moving average is $169.66 and its 200 day simple moving average is $175.15.

MSA Safety (NYSE:MSA) last announced its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $1.83 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.05. MSA Safety had a return on equity of 29.14% and a net margin of 15.16%. The business had revenue of $432.68 million during the quarter, compared to analyst estimates of $449.95 million. During the same quarter in the prior year, the firm posted $1.78 earnings per share. The company’s revenue was down 3.1% on a year-over-year basis. As a group, equities research analysts forecast that MSA Safety will post 7.67 EPS for the current fiscal year.

MSA Safety Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.51 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.04 annualized dividend and a yield of 1.25%. MSA Safety’s dividend payout ratio is 29.48%.

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.