News headlines about MSA Safety (NYSE:MSA) have trended somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MSA Safety earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned media headlines about the industrial products company an impact score of 46.4968207331367 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
A number of equities research analysts recently commented on the company. Zacks Investment Research downgraded MSA Safety from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. Barrington Research reissued a “market perform” rating on shares of MSA Safety in a report on Monday, October 23rd. Finally, Robert W. Baird boosted their price target on MSA Safety from $80.00 to $89.00 and gave the company a “neutral” rating in a report on Sunday, October 22nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $89.00.
Shares of MSA Safety (MSA) traded up $0.90 on Monday, hitting $74.22. The company had a trading volume of 118,522 shares, compared to its average volume of 180,470. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.11 and a quick ratio of 1.52. The stock has a market capitalization of $2,788.50, a PE ratio of 33.79 and a beta of 1.62. MSA Safety has a 52-week low of $65.95 and a 52-week high of $86.36.
The business also recently announced a quarterly dividend, which will be paid on Saturday, March 10th. Shareholders of record on Wednesday, February 14th will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.89%. The ex-dividend date is Tuesday, February 13th. MSA Safety’s payout ratio is currently 64.52%.
In other news, insider Kerry M. Bove sold 5,727 shares of the company’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $80.00, for a total value of $458,160.00. Following the transaction, the insider now owns 57,874 shares of the company’s stock, valued at approximately $4,629,920. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Chairman William M. Lambert sold 17,944 shares of the company’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $79.57, for a total value of $1,427,804.08. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 88,790 shares of company stock valued at $7,106,723. 11.47% of the stock is owned by company insiders.
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About MSA Safety
Mine Safety Appliances Company is engaged in the development, manufacture and supply of products that protect people’s health and safety. The Company’s line of safety products is used by workers worldwide in the fire service, homeland security, oil and gas, construction and other industries, as well as the military.
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