Lawson Products (LAWS) Earns Daily News Sentiment Rating of 0.18
News headlines about Lawson Products (NASDAQ:LAWS) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Lawson Products earned a daily sentiment score of 0.18 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 45.5638603224265 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news stories that may have impacted Accern’s rankings:
- Lawson Products acquires The Bolt Supply House Ltd (mmdonline.com)
- Schafer-Lawson engagement announced (madisoncourier.com)
- Lawson Products, Inc. (LAWS) Set to Announce Earnings on Wednesday (americanbankingnews.com)
- Lawson Products : Federal Contracts Awarded to Companies in Illinois (Oct. 10) (4-traders.com)
- Lawson Products, Inc. to Report Third Quarter 2017 Financial Results (finance.yahoo.com)
LAWS has been the subject of several research reports. TheStreet upgraded Lawson Products from a “c+” rating to a “b” rating in a report on Thursday, October 5th. Zacks Investment Research cut Lawson Products from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 4th. Finally, KeyCorp reiterated a “hold” rating on shares of Lawson Products in a report on Sunday, September 17th. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Lawson Products currently has an average rating of “Hold” and an average target price of $26.00.
Shares of Lawson Products (NASDAQ LAWS) opened at 25.85 on Friday. The stock has a market capitalization of $229.39 million, a PE ratio of 43.52 and a beta of 1.58. Lawson Products has a one year low of $16.69 and a one year high of $28.10. The firm has a 50 day moving average price of $24.45 and a 200 day moving average price of $22.24.
Lawson Products (NASDAQ:LAWS) last issued its quarterly earnings data on Thursday, July 27th. The industrial products company reported $0.20 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.10. Lawson Products had a return on equity of 2.54% and a net margin of 1.85%. The business had revenue of $75.01 million during the quarter, compared to analysts’ expectations of $72.41 million. Analysts predict that Lawson Products will post $0.54 earnings per share for the current fiscal year.
In other news, EVP Neil E. Jenkins sold 5,662 shares of Lawson Products stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $22.48, for a total value of $127,281.76. Following the completion of the sale, the executive vice president now directly owns 12,607 shares of the company’s stock, valued at $283,405.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 18.20% 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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