Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Lawson Products (LAWS) Stock Price
News headlines about Lawson Products (NASDAQ:LAWS) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog 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 0.10 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 45.6952894565319 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
A number of equities analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Lawson Products from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. KeyCorp reiterated a “hold” rating on shares of Lawson Products in a research report on Sunday, September 17th. TheStreet upgraded shares of Lawson Products from a “c+” rating to a “b” rating in a research report on Thursday, October 5th. Finally, Barrington Research reiterated an “outperform” rating and set a $30.00 price objective (up previously from $27.00) on shares of Lawson Products in a research report on Thursday, November 2nd. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $28.50.
Lawson Products (NASDAQ:LAWS) traded down $0.10 during mid-day trading on Monday, reaching $24.10. 2,200 shares of the company’s stock traded hands, compared to its average volume of 17,362. Lawson Products has a fifty-two week low of $18.70 and a fifty-two week high of $28.10. The company has a quick ratio of 1.41, a current ratio of 2.42 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $214.20, a price-to-earnings ratio of 267.78, a P/E/G ratio of 3.15 and a beta of 1.60.
Lawson Products (NASDAQ:LAWS) last announced its earnings results on Thursday, October 26th. The industrial products company reported $0.14 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.06). Lawson Products had a net margin of 1.64% and a return on equity of 1.72%. The firm had revenue of $75.65 million during the quarter, compared to analysts’ expectations of $74.16 million. research analysts anticipate that Lawson Products will post 0.51 EPS for the current fiscal year.
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About Lawson Products
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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