Company profile

Ticker
MSA
Exchange
CEO
Nishan J. Vartanian
Employees
Incorporated in
Location
Fiscal year end
Former names
Mine Safety Appliances Co
SEC CIK
IRS number
250668780

MSA stock data

(
)
FINRA relative short interest over last month (20 trading days) ?

Calendar

30 Apr 20
1 Jun 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 341.15M 375.25M 351.01M 349.68M
Net income 43.8M 31.55M 42.61M 40.11M
Diluted EPS 1.11 1.08 1.01
Net profit margin 12.84% 8.41% 12.14% 11.47%
Operating income 58.78M 39.98M 59.61M 54.48M
Net change in cash -29.57M 43.71M -3.03M 3.84M
Cash on hand 122.63M 152.2M 108.48M 111.51M
Cost of revenue 183.79M 208.41M 192.31M 188.59M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 1.4B 1.36B 1.2B 1.15B
Net income 137.65M 125.12M 26.96M 93.86M
Diluted EPS 3.18 0.67 2.42
Net profit margin 9.82% 9.21% 2.25% 8.17%
Operating income 186.23M 173.48M 39.58M 160.7M
Net change in cash 12.1M 5.85M 20.49M 7.83M
Cash on hand 152.2M 140.1M 134.24M 113.76M
Cost of revenue 765.37M 746.24M 657.92M 627.28M

Financial data from MSA Safety earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
26 May 20 Bruggeworth Robert A Common Stock, no par value Gift Dispose G 0 1,220 0 23,954
19 May 20 Bruggeworth Robert A Common Stock, no par value Sell Dispose S 120.43 919 110.68K 25,174
19 May 20 Bruggeworth Robert A Common Stock, no par value Option exercise Aquire M 37.33 2,969 110.83K 26,093
19 May 20 Bruggeworth Robert A Non-statutory Stock Option Common Stock, no par value Option exercise Dispose M 37.33 2,969 110.83K 0
15 May 20 Sperry William R Common Stock, no par value Grant Aquire A 0 1,132 0 2,747
15 May 20 Rogers Sandra Phillips Common Stock, no par value Grant Aquire A 0 1,132 0 4,459
15 May 20 Rebecca B Roberts Common Stock, no par value Grant Aquire A 0 1,132 0 11,965
13F holders
Current Prev Q Change
Total holders 0 0 NaN%
Opened positions 0 0 NaN%
Closed positions 0 0 NaN%
Increased positions 0 0 NaN%
Reduced positions 0 0 NaN%
13F shares
Current Prev Q Change
Total value 0 0
Total shares 0 0
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Largest transactions
Shares Bought/sold Change

Financial report summary

?
Risks
  • Claims of injuries from our products, product defects or recalls of our products could have a material adverse effect on our business, operating results, financial condition and liquidity.
  • Our subsidiary, Mine Safety Appliances Company, LLC, may experience losses from cumulative trauma product liability claims. The inability to collect insurance receivables and the transition to becoming largely self-insured for cumulative trauma product liability claims could have a material adverse effect on our business, operating results, financial condition and liquidity.
Management Discussion
  • Net Sales. Net sales for the three months ended March 31, 2020, were $341.1 million, an increase of $15.1 million, or 4.6%, driven by a strong March compared to $326.0 million for the three months ended March 31, 2019. Please refer to the Net Sales table for a reconciliation of the quarter over quarter sales change.
  • Note: Constant currency sales change is a non-GAAP financial measure provided by the Company to give a better understanding of the Company's underlying business performance. Constant currency sales change is calculated by deducting the percentage impact from currency translation effects from the overall percentage change in net sales.
  • Net sales for the Americas segment were $231.2 million in the first quarter of 2020, an increase of $17.5 million, or 8.2%, compared to $213.7 million in the first quarter of 2019. During the quarter, constant currency sales in the Americas segment increased 9.8% compared to the prior year period, driven by growth across a substantial portion of the portfolio, with notable increases in gas detection and air purifying respirators ("APR") as a result of the global mask shortage caused by the COVID-19 pandemic. The Company's subsidiary, MSA LLC, is ramping production of APR in its Jacksonville, NC plant and expects to make progress in increasing capacity to meet the surge in demand in this area over the next several quarters. The backlog for APR is sizable and growing, however, it will take time to ramp up manufacturing capacity and convert the backlog into revenue.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
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Patents

APP
Utility
Detection of Blockage In a Porous Member
28 May 20
A method of detecting at least a partial blockage in a porous member separating a first volume from a second volume or inner chamber of a device includes emitting pressure waves within the inner chamber by changing a volume of the inner chamber, measuring a response via a pressure sensor responsive to pressure waves positioned within the inner chamber, and determining if at least a partial blockage is present in the porous member based upon the response of the pressure sensor.
GRANT
Utility
Energy absorber arrangement and fall arrest device
19 May 20
A fall arrest device having a rotatable drum with a safety line thereon, the fall arrest device comprising at least one energy absorber ring configured to absorb energy in the event of a fall and positioned to a side of the drum and between a first component configured to rotate with the drum and a second component configured to activate based upon the speed of rotation of the drum.
APP
Utility
Data Communication and Displays for Breathing Apparatus Facepieces and Pressure Regulators
23 Apr 20
A system includes a pressure regulator including a housing, an inlet for connection to a pressurized gas comprising oxygen, and at least one energy transfer element.
APP
Utility
Sensor Interrogation
23 Apr 20
A method of operating a sensor system including at least one sensor for detecting an analyte gas and a control system includes electronically interrogating the sensor to determine the operational status thereof and upon determining that the operational status is non-conforming based upon one or more predetermined thresholds, the control system initiating an automated calibration of the sensor with the analyte gas or a simulant gas.
GRANT
Utility
Harness connector
21 Apr 20
A connector includes a frame having a first end, a second end, and a pass-through opening extending between the first end and the second end along a longitudinal axis of the frame.