News headlines about Lawson Products (NASDAQ:LAWS) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Lawson Products earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 45.4437724291852 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern’s rankings:
- Gwyneth Paltrow Opens a Store in Highland Park Village (papercitymag.com)
- Nigella Lawson’s warm blondie pudding cake tastes even better than it sounds (thespec.com)
- Nigella Lawson’s warm blondie pudding cake tastes even better than it sounds (washingtonpost.com)
- Zacks: Lawson Products, Inc. (LAWS) Given Consensus Rating of “Buy” by Brokerages (americanbankingnews.com)
- Apple CEO Tim Cook sees progress, promise in state that shaped him (al.com)
Shares of NASDAQ LAWS traded up $0.30 during midday trading on Friday, reaching $25.50. 1,057 shares of the company traded hands, compared to its average volume of 13,129. Lawson Products has a 52 week low of $18.70 and a 52 week 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. The stock has a market cap of $224.43, a P/E ratio of 50.00, a P/E/G ratio of 2.72 and a beta of 1.23.
Lawson Products (NASDAQ:LAWS) last issued its quarterly earnings data on Thursday, February 22nd. The industrial products company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.18). Lawson Products had a net margin of 9.70% and a return on equity of 5.31%. The company had revenue of $80.63 million for the quarter, compared to the consensus estimate of $78.40 million. During the same quarter in the prior year, the firm earned ($0.53) earnings per share. sell-side analysts anticipate that Lawson Products will post 0.62 earnings per share for the current fiscal year.
A number of research firms have issued reports on LAWS. TheStreet upgraded Lawson Products from a “c” rating to a “b” rating in a research note on Thursday, April 5th. ValuEngine cut Lawson Products from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. Finally, Zacks Investment Research cut Lawson Products from a “strong-buy” rating to a “sell” rating in a research note on Friday, March 2nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. Lawson Products has a consensus rating of “Hold” and an average price target of $29.00.
In related news, insider Michael G. Decata acquired 2,189 shares of the business’s stock in a transaction that occurred on Tuesday, March 6th. The shares were acquired at an average cost of $24.69 per share, for a total transaction of $54,046.41. Following the completion of the purchase, the insider now directly owns 20,533 shares in the company, valued at $506,959.77. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, major shareholder Private Discipline Master Lkcm acquired 125,000 shares of the business’s stock in a transaction that occurred on Friday, March 2nd. The shares were 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. Over the last 90 days, insiders have purchased 248,131 shares of company stock worth $6,076,174. Company insiders own 17.50% of the company’s stock.
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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.
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