MSA Safety (NYSE:MSA) Issues Earnings Results

MSA Safety (NYSE:MSA) released its earnings results on Wednesday. The industrial products company reported $2.25 earnings per share for the quarter, topping the consensus estimate 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 Price Performance

Shares of NYSE:MSA traded down $2.08 during trading on Friday, reaching $160.70. The company had a trading volume of 29,502 shares, compared to its average volume of 128,657. The firm’s fifty day moving average is $166.23 and its 200 day moving average is $171.91. The firm has a market capitalization of $6.32 billion, a PE ratio of 23.22 and a beta of 1.00. MSA Safety has a twelve month low of $153.79 and a twelve month high of $200.60. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.56 and a current ratio of 2.68.

MSA Safety Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend is Friday, February 14th. MSA Safety’s dividend payout ratio is currently 29.48%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on MSA. Jefferies Financial Group began coverage on shares of MSA Safety in a research report on Thursday, December 12th. They set a “hold” rating and a $200.00 price objective for the company. B. Riley started coverage on shares of MSA Safety in a research report on Tuesday, November 5th. They issued a “buy” rating and a $200.00 target price for the company. Finally, DA Davidson started coverage on shares of MSA Safety in a research report on Thursday, December 19th. They issued a “buy” rating and a $195.00 target price for the company. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price 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.