Lawson Products (LAWS) Getting Somewhat Positive Media Coverage, Analysis Finds
Media coverage about Lawson Products (NASDAQ:LAWS) has been trending somewhat positive recently, AlphaOne reports. AlphaOne, a service of Accern, identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. AlphaOne 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 0.05 on AlphaOne’s scale. AlphaOne also gave news headlines about the industrial products company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an impact on the stock’s share price in the immediate future.
Separately, Zacks Investment Research cut Lawson Products from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 28th.
Lawson Products (NASDAQ:LAWS) traded up 2.82% during midday trading on Tuesday, reaching $20.05. The company had a trading volume of 30,408 shares. Lawson Products has a one year low of $15.28 and a one year high of $28.10. The company has a 50-day moving average price of $23.75 and a 200-day moving average price of $22.90. The stock’s market capitalization is $177.08 million.
Lawson Products (NASDAQ:LAWS) last released its quarterly earnings results on Thursday, February 23rd. The industrial products company reported ($0.53) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by $0.45. The business had revenue of $67.30 million for the quarter, compared to the consensus estimate of $65.46 million. Lawson Products had a negative net margin of 0.25% and a negative return on equity of 0.85%. On average, equities analysts expect that Lawson Products will post $0.27 earnings per share for the current year.
In other Lawson Products news, SVP Shane Mccarthy sold 1,591 shares of the company’s stock in a transaction that occurred on Monday, March 6th. The stock was sold at an average price of $27.22, for a total transaction of $43,307.02. Following the completion of the transaction, 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 filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 21.30% of the company’s stock.
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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