Lawson Products (LAWS) Earning Somewhat Positive Media Coverage, Accern Reports

Media stories about Lawson Products (NASDAQ:LAWS) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Lawson Products earned a coverage optimism score of 0.03 on Accern’s scale. Accern also gave news headlines about the industrial products company an impact score of 47.0975589535995 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment’s analysis:

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A number of equities research analysts recently issued reports on LAWS shares. Zacks Investment Research raised Lawson Products from a “sell” rating to a “buy” rating and set a $28.00 price target for the company in a research note on Tuesday, January 23rd. TheStreet lowered Lawson Products from a “b-” rating to a “c” rating in a research note on Thursday, February 22nd. Finally, ValuEngine lowered Lawson Products from a “buy” rating to a “hold” rating in a research note on Monday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. Lawson Products presently has a consensus rating of “Hold” and a consensus target price of $29.00.

LAWS traded up $0.60 during trading on Thursday, hitting $24.40. 2,028 shares of the stock were exchanged, compared to its average volume of 13,750. The company has a market capitalization of $213.32, a P/E ratio of 47.84, a PEG ratio of 2.58 and a beta of 1.23. Lawson Products has a 1 year low of $18.70 and a 1 year high of $28.00. The company has a quick ratio of 0.79, a current ratio of 1.64 and a debt-to-equity ratio of 0.07.

Lawson Products (NASDAQ:LAWS) last released its quarterly earnings data on Thursday, February 22nd. The industrial products company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.16 by ($0.18). The firm had revenue of $80.63 million for the quarter, compared to analysts’ expectations of $78.40 million. Lawson Products had a return on equity of 5.31% and a net margin of 9.70%. During the same quarter in the previous year, the business earned ($0.53) earnings per share. equities analysts anticipate that Lawson Products will post 0.62 earnings per share for the current year.

In other news, Director Ronald B. Port sold 100,000 shares of Lawson Products stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $24.00, for a total value of $2,400,000.00. Following the transaction, the director now directly owns 32,583 shares in the company, valued at approximately $781,992. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Private Discipline Master Lkcm purchased 125,000 shares of the business’s stock in a transaction dated Friday, March 2nd. The stock was bought at an average price of $24.00 per share, for a total transaction of $3,000,000.00. The disclosure for this purchase can be found here. Insiders have acquired a total of 248,131 shares of company stock worth $6,076,174 over the last 90 days. 18.20% of the stock is currently owned by company insiders.

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Lawson Products Company Profile

Lawson Products, Inc distributes products and services to the industrial, commercial, institutional, and government maintenance, repair, and operations marketplace in the United States, Puerto Rico, Canada, Mexico, and the Caribbean. It operates in two segments, Lawson and Bolt. The company's products include fastening systems, fluid power products, specialty chemicals, cutting tools and abrasives, electrical products, aftermarket automotive supplies, safety products, welding and metal repair products, and other products.

Insider Buying and Selling by Quarter for Lawson Products (NASDAQ:LAWS)

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