MSA Safety (NYSE:MSA) Releases Quarterly Earnings Results, Beats Expectations By $0.02 EPS

MSA Safety (NYSE:MSA) announced its earnings results on Wednesday. The industrial products company reported $2.25 earnings per share for the quarter, beating the consensus estimate of $2.23 by $0.02, Zacks reports. MSA Safety had a return on equity of 29.14% and a net margin of 15.16%.

MSA Safety Stock Performance

NYSE MSA opened at $162.77 on Thursday. The company has a market capitalization of $6.40 billion, a P/E ratio of 23.52 and a beta of 1.00. MSA Safety has a 12-month low of $153.79 and a 12-month high of $200.60. The company has a quick ratio of 1.56, a current ratio of 2.68 and a debt-to-equity ratio of 0.48. The firm has a 50-day moving average price of $166.73 and a two-hundred day moving average price of $172.04.

MSA Safety Announces Dividend

The firm 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 $0.51 dividend. 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%.

Wall Street Analyst Weigh In

Several brokerages recently commented on MSA. Jefferies Financial Group initiated coverage on shares of MSA Safety in a research report on Thursday, December 12th. They issued a “hold” rating and a $200.00 price target for the company. DA Davidson began coverage on MSA Safety in a research report on Thursday, December 19th. They issued a “buy” rating and a $195.00 target price for the company. Finally, B. Riley assumed coverage on shares of MSA Safety in a research report on Tuesday, November 5th. They set a “buy” rating and a $200.00 price objective on the stock. One analyst has rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $202.50.

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.