Lawson Products (NASDAQ:LAWS) will announce its earnings results before the market opens on Thursday, October 24th. Analysts expect the company to announce earnings of $0.49 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.
Lawson Products (NASDAQ:LAWS) last announced its earnings results on Thursday, July 25th. The industrial products company reported $0.14 EPS for the quarter, missing the Zacks’ consensus estimate of $0.49 by ($0.35). The company had revenue of $96.10 million during the quarter, compared to analysts’ expectations of $95.28 million. Lawson Products had a return on equity of 11.41% and a net margin of 2.00%. On average, analysts expect Lawson Products to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of Lawson Products stock opened at $43.50 on Wednesday. The stock has a market cap of $385.19 million, a price-to-earnings ratio of 55.06, a price-to-earnings-growth ratio of 1.62 and a beta of 1.02. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.91 and a current ratio of 1.77. The stock has a 50 day moving average price of $39.46 and a 200-day moving average price of $37.00. Lawson Products has a one year low of $28.10 and a one year high of $44.05.
A number of equities analysts have recently commented on LAWS shares. BidaskClub upgraded Lawson Products from a “hold” rating to a “buy” rating in a report on Saturday. Zacks Investment Research cut Lawson Products from a “buy” rating to a “hold” rating in a report on Friday, October 18th. ValuEngine cut Lawson Products from a “buy” rating to a “hold” rating in a report on Thursday, August 15th. Finally, Barrington Research set a $44.00 target price on Lawson Products and gave the stock a “buy” rating in a report on Friday, October 18th. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $44.50.
About Lawson Products
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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