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

MSA Safety (NYSE:MSA) issued its quarterly earnings data on Wednesday. The industrial products company reported $2.25 earnings per share for the quarter, topping analysts’ consensus estimates of $2.23 by $0.02, Zacks reports. MSA Safety had a net margin of 15.16% and a return on equity of 29.14%.

MSA Safety Stock Down 1.3 %

Shares of NYSE:MSA traded down $2.08 during midday trading on Friday, hitting $160.70. 29,502 shares of the company’s stock traded hands, compared to its average volume of 128,657. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.56 and a current ratio of 2.68. The company has a market cap of $6.32 billion, a PE ratio of 23.22 and a beta of 1.00. The firm’s fifty day moving average price is $166.23 and its two-hundred day moving average price is $171.91. MSA Safety has a twelve month low of $153.79 and a twelve month high of $200.60.

MSA Safety Announces Dividend

The firm also recently announced 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 of this dividend is Friday, February 14th. This represents a $2.04 annualized dividend and a dividend yield of 1.27%. MSA Safety’s payout ratio is 29.48%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Jefferies Financial Group assumed coverage on shares of MSA Safety in a research note on Thursday, December 12th. They issued a “hold” rating and a $200.00 target price for the company. DA Davidson assumed coverage on shares of MSA Safety in a research note 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 note on Tuesday, November 5th. They issued a “buy” rating and a $200.00 target price for the company. One analyst has rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock currently 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.