MSC Industrial Direct Co. Inc. (MSM): Today's Featured Wholesale Loser

MSC Industrial Direct ( MSM) pushed the Wholesale industry lower today making it today's featured Wholesale loser. The industry as a whole closed the day up 2%. By the end of trading, MSC Industrial Direct fell 81 cents (-1.2%) to $64.74 on average volume. Throughout the day, 759,037 shares of MSC Industrial Direct exchanged hands as compared to its average daily volume of 586,200 shares. The stock ranged in price between $64.30-$66.12 after having opened the day at $65.53 as compared to the previous trading day's close of $65.55. Other company's within the Wholesale industry that declined today were: China Metro-Rural Holdings ( CNR), down 6.7%, Crystal Rock Holdings ( CRVP), down 4.8%, Addvantage Technologies Group ( AEY), down 4.7%, and Navarre Corporation ( NAVR), down 4.4%.

MSC Industrial Direct Co., Inc., together with its subsidiaries, operates as a direct marketer and distributor of metalworking and maintenance, repair, and operations (MRO) products to industrial customers in the United States. MSC Industrial Direct has a market cap of $3.08 billion and is part of the services sector. The company has a P/E ratio of 16.6, below the average wholesale industry P/E ratio of 17.1 and below the S&P 500 P/E ratio of 17.7. Shares are down 9.1% year to date as of the close of trading on Friday. Currently there are seven analysts that rate MSC Industrial Direct a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates MSC Industrial Direct as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, Brightpoint ( CELL), up 66.5%, Longwei Petroleum Investment Holding Limite ( LPH), up 15.8%, Chindex International ( CHDX), up 12%, and Amcon Distributing Company ( DIT), up 6.7%, were all gainers within the wholesale industry with Henry Schein ( HSIC) being today's featured wholesale industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the wholesale industry could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the wholesale industry could consider ProShares Ultra Sht Consumer Goods ( SZK).
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