Company profile

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

MSA stock data

(
)

Calendar

31 Jul 20
7 Aug 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Jun 20 Mar 20 Dec 19 Sep 19
Revenue 314.44M 341.15M 375.25M 351.01M
Net income 36.41M 43.8M 31.55M 42.61M
Diluted EPS 0.92 1.11 1.08
Net profit margin 11.58% 12.84% 8.41% 12.14%
Operating income 48.29M 58.78M 39.98M 59.61M
Net change in cash 13.61M -29.57M 43.71M -3.03M
Cash on hand 136.24M 122.63M 152.2M 108.48M
Cost of revenue 172.84M 183.79M 208.41M 192.31M
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 10b5-1 $Price #Shares $Value #Remaining
26 Jun 20 Vartanian Nishan J. Common Stock, no par value Payment of exercise Dispose F No 110.58 2,742 303.21K 47,038
10 Jun 20 Pearse Diane M Common Stock, no par value Grant Aquire A No 0 4.038 0 30,899.038
10 Jun 20 Thomas Giacomini Common Stock, no par value Grant Aquire A No 0 4.038 0 5,297.038
10 Jun 20 Jordan Gregory B. Common Stock, no par value Grant Aquire A No 0 4.038 0 2,656.038
5 Jun 20 Blanco Steven C. Sr. Common Stock, no par value Sell Dispose S No 124 9,585 1.19M 11,362
5 Jun 20 Blanco Steven C. Sr. Common Stock, no par value Option exercise Aquire M No 51.69 2,733 141.27K 20,947
5 Jun 20 Blanco Steven C. Sr. Common Stock, no par value Option exercise Aquire M No 48.95 3,571 174.8K 18,214
5 Jun 20 Blanco Steven C. Sr. Non-statutory Stock Option Common Stock, no par value Option exercise Dispose M No 51.69 2,733 141.27K 0
5 Jun 20 Blanco Steven C. Sr. Non-statutory Stock Option Common Stock, no par value Option exercise Dispose M No 48.95 3,571 174.8K 0
78.0% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 227 246 -7.7%
Opened positions 22 49 -55.1%
Closed positions 41 26 +57.7%
Increased positions 69 71 -2.8%
Reduced positions 95 85 +11.8%
13F shares
Current Prev Q Change
Total value 91.17B 86.55B +5.3%
Total shares 30.31M 30.34M -0.1%
Total puts 7K 13.5K -48.1%
Total calls 21.8K 14.7K +48.3%
Total put/call ratio 0.3 0.9 -65.0%
Largest owners
Shares Value Change
BLK BlackRock 4.02M $406.99M -2.5%
Vanguard 3.8M $384.52M +1.4%
JPM JPMorgan Chase & Co. 2.29M $231.65M +0.7%
APG Asset Management 1.96M $198.28M +1109.4%
STT State Street 1.91M $193.23M -16.2%
NEU Neuberger Berman 1.48M $149.79M -0.7%
BK Bank of New York Mellon 885.36K $89.6M -1.2%
Ubs Global Asset Management Americas 865.54K $87.59B +33.8%
Champlain Investment Partners 841.11K $85.12M -31.5%
Dimensional Fund Advisors 731.77K $74.06M -0.5%
Largest transactions
Shares Bought/sold Change
APG Asset Management 1.96M +1.8M +1109.4%
Norges Bank 0 -434.46K EXIT
Champlain Investment Partners 841.11K -386.95K -31.5%
STT State Street 1.91M -368.23K -16.2%
Ubs Global Asset Management Americas 865.54K +218.44K +33.8%
PFG Principal Financial 671.92K -154.59K -18.7%
WFC Wells Fargo & Company 448.87K -150.39K -25.1%
BLK BlackRock 4.02M -104.21K -2.5%
Handelsbanken Fonder AB 178.9K -75.5K -29.7%
Victory Capital Management 195.12K +67.36K +52.7%

Financial report summary

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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.
  • Unfavorable economic and market conditions could materially and adversely affect our business, results of operations and financial condition.
  • A reduction in the spending patterns of government agencies or delays in obtaining government approval for our products could materially and adversely affect our net sales, earnings and cash flow.
  • Our future results are subject to the risk that purchased components and materials are unavailable or available at excessive cost due to material shortages, excessive demand, currency fluctuation, inflationary pressure and other factors.
  • Our plans to continue to improve productivity and reduce complexity may not be successful, which could adversely affect our ability to compete.
  • Our plans to improve future profitability through restructuring programs may not be successful and could lead to unintended consequences.
  • Our inability to successfully identify, consummate and integrate current and future acquisitions or to realize anticipated cost savings and other benefits could adversely affect our business.
  • A failure of our information systems or a cybersecurity breach could materially and adversely affect our business, results of operations and financial condition.
  • If we lose any of our key personnel or are unable to attract, train and/or retain qualified personnel or plan the succession of senior management, our ability to manage our business and continue our growth could be negatively impacted.
  • If we fail to introduce successful new products or extend our existing product lines, we could lose our market position and our financial performance could be materially and adversely affected.
  • Damage to the reputation of MSA or to one or more of our product brands could adversely affect our business.
  • Our ability to market and sell our products is subject to existing government regulations and standards. Changes in such regulations and standards or our failure to comply with them could materially and adversely affect our results of operations.
  • The markets in which we compete are highly competitive, and some of our competitors have greater financial and other resources than we do. The competitive pressures faced by us could materially and adversely affect our business, results of operations and financial condition.
  • We are subject to various federal, state and local laws and regulations across our global organization and any violation of these laws and regulations could adversely affect our results of operations.
  • We are subject to various environmental laws and any violation of these laws could adversely affect our results of operations.
  • We have significant international operations and are subject to the risks of doing business in foreign countries.
  • Because we derive a significant portion of our sales from the operations of our foreign subsidiaries, future currency exchange rate fluctuations could adversely affect our results of operations and financial condition, and could affect the comparability of our results between financial periods.
  • Our continued success depends on our ability to protect our intellectual property. If we are unable to protect our intellectual property, our business could be materially and adversely affected.
  • If our goodwill, other intangible assets and long-lived assets become impaired, we may be required to record significant charges to earnings.
  • Risks related to our defined benefit pension and other post-retirement plans could adversely affect our results of operations and cash flow.
  • If we fail to meet our debt service requirements or the restrictive covenants in our debt agreements or if interest rates increase, our results of operations and financial condition could be materially and adversely affected.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: American, behalf, book, Buck, choppy, cleaning, deemed, disciplined, duly, employee, EmployerIdentification, evolve, experienced, fallout, FGFD, freight, geography, high, Jonathan, Kenneth, Krause, mix, modernize, ofincorporation, outlook, payable, phased, physical, President, proactive, promote, rebound, reconnect, reconnecting, reengaging, remote, resurgence, salesforce, Sr, stemming, strongly, thereunto, thoughtful, throughput, tied, training, TreasurerDuly, undersigned, unemployment, Vice, weak, workplace
Removed: connected, enacted, incorporation, launch, LUNAR, mask, substantial

Patents

APP
Utility
Fall Protection Compliance System and Method
16 Jul 20
A connector for a fall protection compliance system includes a frame having an opening and a connection area configured for receiving a connection structure therein and a connection sensor assembly associated with the frame.
GRANT
Utility
Harness with structural tear tape
7 Jul 20
A harness configured for being removably attachable to a body of a user has an optional pair of leg straps, an optional belt strap, and a shoulder strap.
GRANT
Utility
Identification of combustible gas species via pulsed operation of a combustible gas sensor
7 Jul 20
A combustible gas sensor including a first sensing element having a catalyst and a heating element and electronic circuitry in operative connection with the heating element of the first sensing element to change a temperature thereof between a temperature above a temperature to catalyze oxidative combustion and a temperature at which the catalyst is substantially inactive to catalyze oxidative combustion of a plurality of gas analytes of interest.
APP
Utility
"Bypass Knob for Breathing Apparatus Pressure Regulator"
25 Jun 20
A bypass knob for a pressure regulator configured for use with a facemask of a breathing apparatus has a first member having a first engagement surface and a second member having a second engagement surface positioned opposite the first engagement surface.
APP
Utility
Helmet with Accessory Attachment Rail
4 Jun 20
A protective helmet has an outer shell configured for surrounding a head of a user and at least one accessory attachment rail connected to the outer shell.