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MSA $165.37

MSA target price
165.37
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0
MSA Safety Incorporated
Type
Public
Traded as NYSE: MSA
S&P 400 Component
Industry Safety equipment
Founded 1914
Headquarters Cranberry Township, Pennsylvania
Key people
William M. Lambert, CEO
Products SCBA
Gas detector
Hard hat
Safety harness
Respirator
Thermal imaging camera
Revenue IncreaseUS$1.1 billion (2014)
Number of employees
5,000
Website www.msasafety.com

Mine Safety Appliances, or MSA Safety Incorporated, is a maker of sophisticated safety products that help protect workers who may be exposed to a variety of hazardous conditions. The company’s product line includes gas monitoring and detection instruments, filter-type respirators, gas masks, breathing apparatus used by firefighters, thermal imaging cameras, firefighter helmets, ballistic body armor, military communications systems, a broad range of industrial head and fall protection products, and safety products for Do-It-Yourself consumers. Key markets include construction, military, fire service, chemical production, oil and gas, and general industry.

MSA is based in the Pittsburgh suburb of Cranberry. With help from Thomas Edison the company was formed in 1914 to develop a battery-powered cap lamp for miners to help prevent methane-related explosions caused by open flame lamps. Since the turn of the 21st Century, MSA has seen record sales. Only a small portion of the company's current products involve mining related products. The company’s competitors include Industrial Scientific Corporation, RAE Systems and Dräger.

The corporation's assets are managed through two business segments: MSA North America and MSA International. MSA has sales and manufacturing operations throughout the world and sells products to customers in more than 140 countries. While the majority of MSA's products are available only through distributors, the company does sell head, eye, ear, respiratory and body protection products to individuals through a variety of hardware and home center retail outlets.

Mine Safety Appliances Co. has been manufacturing oxygen breathing apparatus for decades.

Their "Chemox" chemical rebreather, primarily designed for use in mines, has been modified for use on Mt. Everest in 1952 and 1986. They are stated to be simple in construction and operation. It is essentially a canister of potassium superoxide connected to one-way flow valves to an air bag and thence to the user, as in Rebreathers whose absorbent releases oxygen hereinabove. There are no controls or operable valves of any kind. Breathing rate controls oxygen production. The main disadvantage is the 4-lbs canisters are good for only about 45-minutes of rapid climbing before another canister must be switched in. The canisters supply about 6 hours of sleeping oxygen.

Also, during World War II in the 1940s, they were awarded a contract to make plastic helmet liners for the M1 Helmet

From the 1930s to the 1980s, MSA produced fire helmets. The First generation was known as Skullguard and was a hard plastic produced in the 1930s to the 1960s. The second generation was a lighter plastic fire helmet, and was called Topguard, and was introduced in the early 1960s. The topgard helmets were very lightweight and were also aerodynamic, and were especially good for high winds during wildfires. The topgard helmet during the 1970s came in several different colors, black, red, green, yellow, white, and oddly transparent. The topgard brand helmets were most notably used by the Los Angeles County Fire Dept and in popular culture, seen throughout the television show Emergency!. However, because of the rapidly changing fire dept codes and regulations many fire depts had to switch to a different brand of helmet, and the Topgard branded MSA helmet was trimmed and modernized into a construction helmet. MSA also currently produces a brigade fire helmet for many European countries such as France.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-10-25 Future report Set alerts
Q2 2022 2022-07-27 1.29 1.29
Q1 2022 2022-04-28 1.10 1.10
Q4 2021 2022-02-18 1.67 1.67
Q3 2021 2021-10-27 0.94 0.94
Q2 2021 2021-07-28 1.06 1.06
Q1 2021 2021-04-28 0.95 0.95
Q4 2020 2021-02-18 1.27 1.27
Q3 2020 2020-10-28 0.00 0.00
Q2 2020 2020-07-29 1.11 0.92

Ratings

2016-06-14 Upgrade Stifel Nicolaus Hold to Buy $61.00
2016-04-19 Downgrade Sidoti Buy to Neutral
2015-10-23 Lower Price Target Barrington Research Outperform $60.00 to $54.00
2015-07-24 Downgrade Global Hunter Securities Accumulate to Neutral $52.00
2015-07-24 Downgrade Seaport Global Securities Accumulate to Neutral $52.00
2015-04-29 Upgrade Global Hunter Securities Neutral to Accumulate
2015-04-29 Upgrade Seaport Global Securities Neutral to Accumulate
2014-09-22 Upgrade Barrington Research Market Perform to Outperform
2014-09-08 Initiated Coverage Barrington Research Market Perform
2014-02-19 Initiated Stifel Hold
2014-02-18 Initiated Coverage Stifel Nicolaus Hold
2014-01-06 Upgrade Robert W. Baird Neutral to Outperform
2013-07-25 Reiterated Dougherty & Company Buy $55 to $62
2013-02-14 Reiterated Dougherty & Company Buy $49 to $55
2012-04-26 Reiterated Dougherty & Company Buy $45 to $55
2011-03-23 Initiated BB&T Capital Mkts Buy $40
2010-10-29 Upgrade Dougherty & Company Neutral to Buy
2009-02-27 Downgrade Dougherty & Company Buy to Neutral
2008-07-29 Reiterated Dougherty & Company Buy $60 to $50
2008-07-29 Downgrade Robert W. Baird Outperform to Neutral $51 to $39
2008-07-28 Downgrade Barrington Research Outperform to Mkt Perform
2008-05-16 Initiated Dougherty & Company Buy $60
2008-03-05 Upgrade Friedman Billings Mkt Perform to Outperform $47 to $50
2007-07-30 Upgrade Robert W. Baird Neutral to Outperform $44 to $49
2016-06-14 Upgrade Stifel Nicolaus Hold to Buy $61.00
2016-04-19 Downgrade Sidoti Buy to Neutral
2015-10-23 Lower Price Target Barrington Research Outperform $60.00 to $54.00
2015-07-24 Downgrade Global Hunter Securities Accumulate to Neutral $52.00
2015-07-24 Downgrade Seaport Global Securities Accumulate to Neutral $52.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
RYAN JOHN T III Chairman 1.96%  (734641) MSA /
SHAW L EDWARD JR 1.33%  (496821) HLS / MSA /
LAMBERT WILLIAM M President and CEO 0.48%  (181157) KMT / MSA /
BOVE KERRY M President 0.14%  (51284) MSA /
HERRING RONALD N JR President 0.12%  (45112) MSA /
BIGLER JOSEPH A Vice President 0.11%  (41622) MSA /
ZEITLER DENNIS L Senior VP, CFO, Treasurer 0.10%  (35863) FTEK / MSA /
HOTOPP THOMAS B 0.09%  (33494) MSA /
MCCLAINE DOUGLAS K Vice President/Secretary 0.09%  (32674) MSA /
Uhler Paul R Vice President 0.08%  (30168) MSA /
WITMER THOMAS H 0.07%  (26487) MSA /
Vartanian Nishan J. Vice President 0.07%  (26102) MSA /
BRUGGEWORTH ROBERT A 0.06%  (24055) MSA / RFMD /
PEARSE DIANE M 0.06%  (23010) MSA /
Krause Kenneth D. VP, CFO and Treasurer 0.06%  (22170) MSA /
McMahan Stacy Powell Senior VP, CFO and Treasurer 0.05%  (17498) MSA / SPNC /
Blanco Steven C. Sr. Vice President 0.04%  (15162) MSA /
GARCIA TUNON ALVARO 0.03%  (11318) ALSN / MATW / MSA / WAB /
Weber Markus H Vice President 0.03%  (10400) MSA /
Muschter Thomas Vice President 0.02%  (8836) MSA /
Roberts Rebecca B 0.02%  (8281) BKH / EEP / ENB / MSA /
Killeen Randall Chief Accounting Officer 0.02%  (7857) EDMC / MSA /
Birgersson Joakim Vice President 0.02%  (7545) MSA /
Herman Roberta Anne Chief Customer Officer & VP 0.02%  (5766) MSA /
Duff Gavan C M Vice President 0.01%  (3813) MSA /
Leenen Bob Willem Vice President 0.01%  (3100) MSA /