Equities analysts expect MSA Safety Inc (NYSE:MSA) to report $364.50 million in sales for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for MSA Safety’s earnings, with estimates ranging from $358.59 million to $370.40 million. MSA Safety posted sales of $346.14 million during the same quarter last year, which suggests a positive year over year growth rate of 5.3%. The firm is scheduled to report its next quarterly earnings report on Tuesday, February 19th.

According to Zacks, analysts expect that MSA Safety will report full-year sales of $1.36 billion for the current fiscal year, with estimates ranging from $1.35 billion to $1.37 billion. For the next financial year, analysts expect that the business will post sales of $1.44 billion, with estimates ranging from $1.42 billion to $1.45 billion. Zacks’ sales calculations are an average based on a survey of sell-side analysts that cover MSA Safety.

MSA Safety (NYSE:MSA) last released its earnings results on Wednesday, October 24th. The industrial products company reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.11. The business had revenue of $331.10 million during the quarter, compared to analysts’ expectations of $325.53 million. MSA Safety had a net margin of 4.94% and a return on equity of 28.12%.

Several analysts recently issued reports on MSA shares. Zacks Investment Research raised shares of MSA Safety from a “sell” rating to a “hold” rating in a research note on Friday. William Blair started coverage on shares of MSA Safety in a research note on Thursday. They set a “market perform” rating and a $98.30 price objective for the company. Robert W. Baird cut shares of MSA Safety from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from $107.00 to $98.00 in a research note on Friday, December 21st. ValuEngine raised shares of MSA Safety from a “hold” rating to a “buy” rating in a research note on Friday, December 21st. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $115.00 price objective on shares of MSA Safety in a research note on Wednesday, December 19th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $100.83.

Shares of MSA stock traded down $0.44 on Friday, reaching $97.96. 158,123 shares of the company were exchanged, compared to its average volume of 190,150. The stock has a market capitalization of $3.78 billion, a P/E ratio of 25.31 and a beta of 1.34. The company has a quick ratio of 1.59, a current ratio of 2.19 and a debt-to-equity ratio of 0.56. MSA Safety has a 1 year low of $71.47 and a 1 year high of $110.83.

In other MSA Safety news, CFO Kenneth D. Krause sold 1,572 shares of the business’s stock in a transaction dated Tuesday, November 6th. The shares were sold at an average price of $107.00, for a total value of $168,204.00. Following the transaction, the chief financial officer now directly owns 18,721 shares in the company, valued at approximately $2,003,147. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Douglas K. Mcclaine sold 10,568 shares of the business’s stock in a transaction dated Tuesday, October 30th. The shares were sold at an average price of $106.61, for a total transaction of $1,126,654.48. Following the completion of the transaction, the insider now owns 32,499 shares in the company, valued at $3,464,718.39. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 35,226 shares of company stock valued at $3,755,082. 9.90% of the stock is owned by corporate insiders.

A number of large investors have recently bought and sold shares of MSA. Livingston Group Asset Management CO operating as Southport Capital Management acquired a new position in MSA Safety in the 3rd quarter valued at about $115,000. Parametrica Management Ltd acquired a new position in MSA Safety in the 3rd quarter valued at about $202,000. Tower Research Capital LLC TRC boosted its holdings in MSA Safety by 672.5% in the 3rd quarter. Tower Research Capital LLC TRC now owns 1,939 shares of the industrial products company’s stock valued at $206,000 after purchasing an additional 1,688 shares during the last quarter. Strs Ohio boosted its holdings in MSA Safety by 50.0% in the 2nd quarter. Strs Ohio now owns 3,000 shares of the industrial products company’s stock valued at $289,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Emerald Advisers Inc. PA acquired a new position in MSA Safety in the 3rd quarter valued at about $400,000. Institutional investors own 71.84% of the company’s stock.

About MSA Safety

MSA Safety Incorporated develops, manufactures, and supplies safety products that protect people and facility infrastructures in the oil, gas, petrochemical, fire service, construction, utilities, and mining industries worldwide. It operates through Americas and International segments. The company's core product offerings include permanently installed fixed gas and flame detection instruments, such as permanently installed gas detection monitoring systems, and flame detectors and open-path infrared gas detectors, as well as replacement components and related services to detect the presence or absence of various gases in the air.

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