MSA Safety (NYSE:MSA) Issues Earnings Results

MSA Safety (NYSE:MSA) posted its earnings results on Wednesday. The industrial products company reported $2.25 earnings per share for the quarter, beating 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 Performance

MSA opened at $162.77 on Thursday. The firm has a market capitalization of $6.40 billion, a PE 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 firm has a 50 day moving average of $166.73 and a two-hundred day moving average of $172.04. The company has a current ratio of 2.68, a quick ratio of 1.56 and a debt-to-equity ratio of 0.48.

MSA Safety Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date is Friday, February 14th. MSA Safety’s payout ratio is presently 29.48%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Jefferies Financial Group began coverage on MSA Safety in a research report on Thursday, December 12th. They set a “hold” rating and a $200.00 price objective on the stock. DA Davidson assumed coverage on MSA Safety in a research note on Thursday, December 19th. They set a “buy” rating and a $195.00 target price on the stock. Finally, B. Riley began coverage on MSA Safety in a research report on Tuesday, November 5th. They issued 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 given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $202.50.

About MSA Safety

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.