MSA - MSA Safety: Safety Play Is A Quality Play
2024-06-17 10:05:33 ET
Summary
- MSA Safety has shown impressive long-term growth, with solid sales growth, margin expansion, while maintaining balance sheet integrity.
- While not cheap, MSA Safety's stock price has doubled over the past four years, with potential for further growth based on 2028 targets.
- The company's consistent dividend increases, buyback program, and solid guidance make it an attractive investment option for the future.
- For real appeal to be found, I would welcome a pullback before initiating a position in this long-term value creator.
It has been a very long time since I covered shares of MSA Safety ( MSA ). In fact, it was 2017 when I believed that there was not much safety for the protective gear provider at prevailing levels following the Globe Manufacturing acquisition....
MSA Safety: Safety Play Is A Quality Play