B. Riley Brokers Increase Earnings Estimates for MSA

MSA Safety Incorporporated (NYSE:MSA) – Investment analysts at B. Riley lifted their FY2027 EPS estimates for shares of MSA Safety Incorporporated in a note issued to investors on Tuesday, August 5th. B. Riley analyst J. Van. Sinderen now anticipates that the industrial products company will earn $9.60 per share for the year, up from their prior estimate of $9.46. B. Riley has a “Buy” rating and a $195.00 price target on the stock. The consensus estimate for MSA Safety Incorporporated’s current full-year earnings is $8.06 per share. B. Riley also issued estimates for MSA Safety Incorporporated’s FY2028 earnings at $10.67 EPS.

MSA Safety Incorporporated (NYSE:MSA) last announced its quarterly earnings results on Monday, August 4th. The industrial products company reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.17. MSA Safety Incorporporated had a net margin of 15.15% and a return on equity of 26.03%. The business had revenue of $474.12 million for the quarter, compared to analyst estimates of $446.46 million. During the same quarter in the prior year, the business earned $2.01 EPS. MSA Safety Incorporporated’s quarterly revenue was up 2.5% on a year-over-year basis.

A number of other brokerages have also commented on MSA. Stifel Nicolaus started coverage on shares of MSA Safety Incorporporated in a research note on Wednesday, July 16th. They issued a “hold” rating and a $182.00 price target on the stock. Robert W. Baird set a $166.00 price objective on shares of MSA Safety Incorporporated in a report on Monday, May 5th. DA Davidson boosted their price objective on shares of MSA Safety Incorporporated from $183.00 to $203.00 and gave the company a “buy” rating in a report on Tuesday, July 22nd. Finally, Wall Street Zen downgraded shares of MSA Safety Incorporporated from a “buy” rating to a “hold” rating in a report on Friday, July 18th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $189.20.

MSA Safety Incorporporated Stock Down 1.4%

Shares of MSA opened at $174.54 on Friday. MSA Safety Incorporporated has a 52 week low of $127.86 and a 52 week high of $187.41. The firm has a market cap of $6.83 billion, a P/E ratio of 24.90 and a beta of 0.96. The firm’s 50-day simple moving average is $171.43 and its 200 day simple moving average is $160.73. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.84 and a current ratio of 3.11.

Hedge Funds Weigh In On MSA Safety Incorporporated

A number of institutional investors have recently added to or reduced their stakes in MSA. Bayforest Capital Ltd increased its position in MSA Safety Incorporporated by 3,400.0% in the 1st quarter. Bayforest Capital Ltd now owns 175 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 170 shares during the period. Penserra Capital Management LLC acquired a new position in MSA Safety Incorporporated in the 2nd quarter valued at approximately $33,000. GAMMA Investing LLC increased its position in MSA Safety Incorporporated by 39.4% in the 1st quarter. GAMMA Investing LLC now owns 269 shares of the industrial products company’s stock valued at $39,000 after acquiring an additional 76 shares during the period. UMB Bank n.a. increased its position in MSA Safety Incorporporated by 54.4% in the 1st quarter. UMB Bank n.a. now owns 281 shares of the industrial products company’s stock valued at $41,000 after acquiring an additional 99 shares during the period. Finally, Parallel Advisors LLC increased its position in MSA Safety Incorporporated by 115.4% in the 2nd quarter. Parallel Advisors LLC now owns 293 shares of the industrial products company’s stock valued at $49,000 after acquiring an additional 157 shares during the period. 92.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at MSA Safety Incorporporated

In other news, Chairman Nishan J. Vartanian sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $161.32, for a total transaction of $4,839,600.00. Following the completion of the sale, the chairman owned 35,401 shares of the company’s stock, valued at approximately $5,710,889.32. This represents a 45.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.70% of the company’s stock.

MSA Safety Incorporporated Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Friday, August 15th will be issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, August 15th. MSA Safety Incorporporated’s dividend payout ratio is 30.24%.

About MSA Safety Incorporporated

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.