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

MSA Safety (NYSE:MSA) issued its earnings results on Wednesday. The industrial products company reported $2.25 EPS for the quarter, beating analysts’ consensus estimates 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 Down 1.4 %

NYSE MSA traded down $2.35 on Wednesday, reaching $163.16. The company had a trading volume of 141,155 shares, compared to its average volume of 129,606. 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 company’s fifty day moving average is $166.73 and its 200 day moving average is $172.04. MSA Safety has a 52-week low of $153.79 and a 52-week high of $200.60. The stock has a market capitalization of $6.41 billion, a P/E ratio of 23.58 and a beta of 1.00.

MSA Safety Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be issued a dividend of $0.51 per share. The ex-dividend date is Friday, February 14th. This represents a $2.04 annualized dividend and a yield of 1.25%. MSA Safety’s dividend payout ratio (DPR) is currently 29.48%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. B. Riley assumed coverage on MSA Safety in a report on Tuesday, November 5th. They set a “buy” rating and a $200.00 price objective for the company. Jefferies Financial Group assumed 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. Finally, DA Davidson initiated coverage on shares of MSA Safety in a report on Thursday, December 19th. They set a “buy” rating and a $195.00 price objective on the stock. One research 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, MSA Safety has a consensus 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.