Lawson Products Inc. (NASDAQ:LAWS) will be issuing its Q316 quarterly earnings data on Thursday, October 20th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $70.03 million for the quarter.

Lawson Products (NASDAQ:LAWS) last announced its earnings results on Thursday, July 21st. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by $0.12. Lawson Products had a positive return on equity of 0.10% and a negative net margin of 0.03%. The business had revenue of $69.30 million for the quarter, compared to analyst estimates of $71.18 million. On average, analysts expect Lawson Products to post $0.08 EPS for the current fiscal year and $0.38 EPS for the next fiscal year.

Earnings History for Lawson Products (NASDAQ:LAWS)

Shares of Lawson Products Inc. (NASDAQ:LAWS) opened at 17.19 on Tuesday. The firm’s market cap is $151.20 million. Lawson Products Inc. has a 52 week low of $15.23 and a 52 week high of $29.64. The firm’s 50-day moving average is $17.08 and its 200 day moving average is $18.63.

Several equities research analysts have recently commented on the company. Barrington Research cut Lawson Products from an “outperform” rating to a “market perform” rating in a research note on Friday, July 22nd. Zacks Investment Research upgraded Lawson Products from a “hold” rating to a “buy” rating and set a $22.00 price target for the company in a research note on Saturday, July 9th.

In other Lawson Products news, major shareholder Private Discipline Master Lkcm acquired 31,450 shares of the business’s stock in a transaction on Friday, July 29th. The stock was purchased at an average price of $16.60 per share, for a total transaction of $522,070.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Thomas Postek acquired 10,000 shares of the business’s stock in a transaction on Friday, September 9th. The stock was acquired at an average price of $16.13 per share, with a total value of $161,300.00. Following the transaction, the director now directly owns 60,455 shares of the company’s stock, valued at approximately $975,139.15. The disclosure for this purchase can be found here. Insiders own 21.30% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Nationwide Fund Advisors boosted its position in Lawson Products by 52.2% in the second quarter. Nationwide Fund Advisors now owns 7,838 shares of the company’s stock valued at $156,000 after buying an additional 2,689 shares during the last quarter. Teachers Advisors Inc. boosted its position in Lawson Products by 13.2% in the second quarter. Teachers Advisors Inc. now owns 9,006 shares of the company’s stock valued at $179,000 after buying an additional 1,051 shares during the last quarter. BlackRock Investment Management LLC boosted its position in Lawson Products by 12.9% in the second quarter. BlackRock Investment Management LLC now owns 23,350 shares of the company’s stock valued at $464,000 after buying an additional 2,663 shares during the last quarter. Panagora Asset Management Inc. boosted its position in Lawson Products by 6.9% in the second quarter. Panagora Asset Management Inc. now owns 73,969 shares of the company’s stock valued at $1,469,000 after buying an additional 4,768 shares during the last quarter. Finally, BlackRock Fund Advisors boosted its position in Lawson Products by 7.5% in the second quarter. BlackRock Fund Advisors now owns 164,281 shares of the company’s stock valued at $3,263,000 after buying an additional 11,510 shares during the last quarter. Hedge funds and other institutional investors own 62.92% of the company’s stock.

Lawson Products Company Profile

Lawson Products, Inc is a distributor of products and services the industrial, commercial, institutional and government maintenance, repair and operations (MRO) market. The Company’s product categories include fastening systems, fluid power, specialty chemicals, cutting tools and abrasives, electrical, aftermarket automotive supplies, safety, welding and metal repair, and other.

5 Day Chart for NASDAQ:LAWS

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