Lawson Products (LAWS) Receives Daily Coverage Optimism Score of 0.15
News stories about Lawson Products (NASDAQ:LAWS) have trended somewhat positive on Thursday, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Lawson Products earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 45.876684761056 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
LAWS has been the topic of several research analyst reports. Zacks Investment Research lowered shares of Lawson Products from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. TheStreet raised shares of Lawson Products from a “c+” rating to a “b” rating in a research report on Thursday, October 5th. Finally, KeyCorp reissued a “hold” rating on shares of Lawson Products in a research report on Sunday, September 17th. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $27.00.
Lawson Products (LAWS) opened at 26.00 on Thursday. Lawson Products has a 12 month low of $17.20 and a 12 month high of $28.10. The company has a market capitalization of $230.72 million, a price-to-earnings ratio of 43.77 and a beta of 1.58. The stock has a 50 day moving average of $24.78 and a 200 day moving average of $22.34.
Lawson Products (NASDAQ:LAWS) last released its earnings results on Thursday, July 27th. The industrial products company reported $0.20 EPS for the quarter, topping the Zacks’ consensus estimate of $0.10 by $0.10. The company had revenue of $75.01 million for the quarter, compared to analysts’ expectations of $72.41 million. Lawson Products had a return on equity of 2.54% and a net margin of 1.85%. Equities analysts anticipate that Lawson Products will post $0.54 EPS for the current fiscal year.
In related news, EVP Neil E. Jenkins sold 5,662 shares of the business’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $22.48, for a total value of $127,281.76. Following the sale, the executive vice president now directly owns 12,607 shares in the company, valued at approximately $283,405.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 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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