Lawson Products, Inc. (NASDAQ:LAWS) has been assigned a consensus broker rating score of 2.00 (Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and one has given a strong buy recommendation to the company.
Analysts have set a twelve-month consensus price objective of $30.00 for the company and are forecasting that the company will post $0.16 EPS for the current quarter, according to Zacks. Zacks has also given Lawson Products an industry rank of 60 out of 265 based on the ratings given to related companies.
Several research firms recently commented on LAWS. Zacks Investment Research raised Lawson Products from a “hold” rating to a “buy” rating and set a $29.00 target price on the stock in a report on Wednesday, October 18th. Barrington Research reaffirmed an “outperform” rating and set a $30.00 target price (up from $27.00) on shares of Lawson Products in a report on Thursday, November 2nd. KeyCorp reaffirmed a “hold” rating on shares of Lawson Products in a report on Sunday, September 17th. Finally, TheStreet raised Lawson Products from a “c+” rating to a “b” rating in a report on Thursday, October 5th.
Lawson Products (NASDAQ:LAWS) opened at $24.75 on Monday. Lawson Products has a 12 month low of $18.70 and a 12 month high of $28.10. The stock has a market capitalization of $224.42, a PE ratio of 48.53, a PEG ratio of 3.24 and a beta of 1.60. The company has a quick ratio of 1.41, a current ratio of 2.42 and a debt-to-equity ratio of 0.09.
Lawson Products (NASDAQ:LAWS) last announced its quarterly earnings data on Thursday, October 26th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.06). The firm had revenue of $75.65 million during the quarter, compared to analysts’ expectations of $74.16 million. Lawson Products had a return on equity of 1.72% and a net margin of 1.64%. research analysts anticipate that Lawson Products will post 0.51 EPS for the current year.
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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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