Lawson Products (LAWS) Earning Somewhat Negative News Coverage, Report Shows
News stories about Lawson Products (NASDAQ:LAWS) have trended somewhat negative this week, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Lawson Products earned a media sentiment score of -0.12 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 100 out of 100, meaning that recent press coverage is extremely likely to have an impact on the stock’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Q3 2017 Earnings Estimate for Lawson Products, Inc. Issued By Barrington Research (NASDAQ:LAWS) (americanbankingnews.com)
- Financial Analysis: Lawson Products (NASDAQ:LAWS) versus NOW (DNOW) (americanbankingnews.com)
- Neil E. Jenkins Sells 5,662 Shares of Lawson Products, Inc. (NASDAQ:LAWS) Stock (americanbankingnews.com)
- Zacks Investment Research Upgrades Lawson Products, Inc. (LAWS) to Strong-Buy (americanbankingnews.com)
- NOW (DNOW) vs. Lawson Products (NASDAQ:LAWS) Head to Head Review (americanbankingnews.com)
LAWS has been the topic of several recent research reports. Zacks Investment Research downgraded shares of Lawson Products from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Barrington Research raised shares of Lawson Products from a “market perform” rating to an “outperform” rating and set a $25.00 price objective on the stock in a report on Friday, April 21st. Finally, ValuEngine raised shares of Lawson Products from a “sell” rating to a “hold” rating in a report on Friday, June 2nd.
Shares of Lawson Products (NASDAQ LAWS) traded down 0.89% during mid-day trading on Thursday, reaching $22.20. 4,245 shares of the company were exchanged. The stock has a market capitalization of $197.00 million, a P/E ratio of 38.95 and a beta of 1.47. The stock has a 50 day moving average price of $21.41 and a 200-day moving average price of $22.70. Lawson Products has a 12 month low of $15.28 and a 12 month high of $28.10.
Lawson Products (NASDAQ:LAWS) last announced its earnings results on Thursday, July 27th. The industrial products company reported $0.20 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.10. Lawson Products had a return on equity of 2.54% and a net margin of 1.85%. The business had revenue of $75.01 million during the quarter, compared to analysts’ expectations of $72.41 million. Analysts predict that Lawson Products will post $0.39 earnings per share for the current year.
In related news, major shareholder Private Discipline Master Lkcm purchased 13,653 shares of the firm’s stock in a transaction that occurred on Friday, May 26th. The stock was acquired at an average price of $19.87 per share, for a total transaction of $271,285.11. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Neil E. Jenkins sold 5,662 shares of the stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $22.48, for a total value of $127,281.76. Following the completion of the transaction, the executive vice president now owns 12,607 shares of the company’s stock, valued at approximately $283,405.36. The disclosure for this sale can be found here. In the last quarter, insiders purchased 15,767 shares of company stock valued at $311,557 and sold 16,266 shares valued at $347,230. Company insiders own 18.20% 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.
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