Baird Downgrades MSA Safety Incorporated to Neutral

Brokerage firm Baird Downgrades its rating on MSA Safety Incorporated(NYSE:MSA). The shares have been rated Neutral. Previously, the analysts had a Outperform rating on the shares. The rating by Baird was issued on Jul 22, 2016.

In a different note, On Jun 14, 2016, Stifel Nicolaus said it Upgrades its rating on MSA Safety Incorporated. The shares have been rated ‘Buy’ by the firm.

MSA Safety Incorporated (MSA) shares turned negative on Thursdays trading session with the shares closing down -0.27 points or -0.49% at a volume of 1,70,036. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $55.47. The peak price level was also seen at $55.47 while the days lowest was $54.66. Finally the shares closed at $55.01. The 52-week high of the shares is $58.49 while the 52-week low is $37.68. According to the latest information available, the market cap of the company is $2,060 M.

MSA Safety Incorporated(MSA) last announced its earnings results on Jul 20, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $296.00M. Analysts had an estimated revenue of $301.02M. Earnings per share were $0.79. Analysts had estimated an EPS of $0.73.

Several Insider Transactions has been reported to the SEC. On May 13, 2016, L Edward Jr Shaw (director) sold 1,281 shares at $48.07 per share price.Also, On May 9, 2016, Diane M Pearse (director) sold 1,283 shares at $48.00 per share price.On Mar 16, 2016, Paul R Uhler (Vice President) sold 4,731 shares at $46.25 per share price, according to the Form-4 filing with the securities and exchange commission.

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