Press coverage about Lawson Products (NASDAQ:LAWS) has trended somewhat positive recently, Alpha One reports. Alpha One, a unit of Accern, ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Lawson Products earned a news sentiment score of 0.16 on Alpha One’s scale. Alpha One also gave media coverage about the industrial products company an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an effect on the stock’s share price in the near term.
Several equities analysts recently issued reports on LAWS shares. Zacks Investment Research lowered Lawson Products from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 21st. Barrington Research raised Lawson Products from a “market perform” rating to an “outperform” rating and set a $25.00 target price on the stock in a report on Friday, April 21st.
Lawson Products (NASDAQ:LAWS) traded up 2.33% on Friday, reaching $19.75. 18,909 shares of the company traded hands. The stock has a 50-day moving average of $21.21 and a 200 day moving average of $23.42. Lawson Products has a 52-week low of $15.28 and a 52-week high of $28.10. The company’s market capitalization is $174.49 million.
Lawson Products (NASDAQ:LAWS) last released its quarterly earnings results on Thursday, April 20th. The industrial products company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.10 by $0.01. Lawson Products had a negative return on equity of 0.85% and a negative net margin of 0.25%. The firm had revenue of $74.62 million for the quarter, compared to analysts’ expectations of $72.22 million. During the same quarter last year, the firm posted $0.11 earnings per share. On average, equities analysts forecast that Lawson Products will post $0.39 EPS for the current year.
In related news, SVP Shane Mccarthy sold 1,591 shares of the company’s stock in a transaction that occurred on Monday, March 6th. The shares were sold at an average price of $27.22, for a total transaction of $43,307.02. Following the sale, the senior vice president now owns 5,921 shares of the company’s stock, valued at approximately $161,169.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 21.30% of the company’s stock.
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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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