MSC Industrial Direct Rises On Unusually High Volume (MSM)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- MSC Industrial Direct (NYSE: MSM) is trading at unusually high volume Tuesday with 782,247 shares changing hands. It is currently at two times its average daily volume and trading up $2.43 (+3.2%) at $78.76 as of 3:51 p.m. ET.

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MSC Industrial Direct has a market cap of $3.79 billion and is part of the services sector and wholesale industry. Shares are up 3.6% year to date as of the close of trading on Monday.

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. The company has a P/E ratio of 19.1, above the S&P 500 P/E ratio of 17.7.

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, reasonable valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full MSC Industrial Direct Ratings Report.

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