MSC Industrial Direct traded at $123.34 this Wednesday July 1st, increasing $4.39 or 3.69 percent since the previous trading session. Looking back, over the last four weeks, MSC Industrial Direct gained 7.09 percent. Over the last 12 months, its price rose by 37.64 percent. Looking ahead, we forecast MSC Industrial Direct to be priced at 115.72 by the end of this quarter and at 108.65 in one year, according to Trading Economics global macro models projections and analysts expectations.
MSC Industrial Direct Co., Inc. is a North American distributor of metalworking and maintenance, repair and operations (MRO) products and services. The Company's range of MRO products includes cutting tools, measuring instruments, tooling components, fasteners, flat stock, raw materials, abrasives, machinery hand and power tools, safety and janitorial supplies, plumbing supplies, materials handling products, power transmission components, and electrical supplies. It serves a range of customers throughout the United States, Canada, Mexico, and the United Kingdom, from individual machine shops to manufacturing companies to Government agencies such as the United States General Services Administration and the United States Department of Defense. The Company operates approximately 11 customer fulfillment centers (seven located within the United States, including five customer fulfillment centers, one located in the United Kingdom and three located in Canada) and 17 branch offices.