Lawson Products (LAWS) Earning Positive Press Coverage, Analysis Shows

Media headlines about Lawson Products (NASDAQ:LAWS) have been trending positive recently, Accern reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lawson Products earned a news impact score of 0.35 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an impact on the company’s share price in the immediate future.

Insider Buying and Selling by Quarter for Lawson Products (NASDAQ:LAWS)

A number of equities research analysts have recently issued reports on the company. Zacks Investment Research lowered Lawson Products from a “buy” rating to a “hold” rating in a research report on Monday, May 1st. ValuEngine upgraded Lawson Products from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Barrington Research upgraded Lawson Products from a “market perform” rating to an “outperform” rating and set a $25.00 price target for the company in a research report on Friday, April 21st.

Lawson Products (NASDAQ:LAWS) opened at 20.20 on Friday. The stock’s market capitalization is $178.47 million. Lawson Products has a 12 month low of $15.28 and a 12 month high of $28.10. The company has a 50-day moving average price of $20.95 and a 200 day moving average price of $23.29.

Lawson Products (NASDAQ:LAWS) last released its earnings results on Thursday, April 20th. The industrial products company reported $0.09 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by $0.01. The firm had revenue of $74.62 million during the quarter, compared to analysts’ expectations of $72.22 million. Lawson Products had a negative return on equity of 0.20% and a negative net margin of 0.64%. During the same period in the previous year, the firm posted $0.11 earnings per share. Equities analysts predict that Lawson Products will post $0.39 earnings per share for the current year.

In other news, EVP Neil E. Jenkins sold 5,000 shares of the business’s stock in a transaction on Friday, May 26th. The shares were sold at an average price of $19.87, for a total transaction of $99,350.00. Following the completion of the sale, the executive vice president now directly owns 11,892 shares of the company’s stock, valued at approximately $236,294.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Neil E. Jenkins sold 5,604 shares of the business’s stock in a transaction on Wednesday, June 14th. The shares were sold at an average price of $21.52, for a total transaction of $120,598.08. Following the sale, the executive vice president now directly owns 12,549 shares of the company’s stock, valued at $270,054.48. The disclosure for this sale can be found here. Insiders acquired a total of 15,767 shares of company stock valued at $311,557 over the last ninety days. 18.20% of the stock is owned by corporate insiders.

COPYRIGHT VIOLATION NOTICE: “Lawson Products (LAWS) Earning Positive Press Coverage, Analysis Shows” was originally published by sleekmoney and is the sole property of of sleekmoney. If you are viewing this story on another publication, it was illegally copied and republished in violation of US & international trademark & copyright law. The original version of this story can be read at https://sleekmoney.com/lawson-products-laws-earning-positive-press-coverage-analysis-shows/1936507.html.

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.

This story was originally published by sleekmoney (https://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://sleekmoney.com/lawson-products-laws-earning-positive-press-coverage-analysis-shows/1936507.html

Receive News & Ratings for Lawson Products Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lawson Products Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *