Share on StockTwits

Lawson Products (NASDAQ:LAWS) was upgraded by equities researchers at TheStreet from a “sell” rating to a “hold” rating in a research report issued on Friday.

The analysts wrote, “Lawson Products (LAWS) has been upgraded by TheStreet Ratings from sell to hold. The company’s strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that we feel that the company’s cash flow from its operations has been weak overall.”

Lawson Products (NASDAQ:LAWS) traded down 0.61% on Friday, hitting $16.40. 3,679 shares of the company’s stock traded hands. Lawson Products has a 52-week low of $9.41 and a 52-week high of $17.36. The stock has a 50-day moving average of $16.31 and a 200-day moving average of $14.67. The company’s market cap is $142.0 million.

Lawson Products (NASDAQ:LAWS) last posted its quarterly earnings results on Thursday, April 24th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by $0.44. The company had revenue of $69.20 million for the quarter, compared to the consensus estimate of $76.30 million. Analysts expect that Lawson Products will post $-0.22 EPS for the current fiscal year.

Lawson Products, Inc (NASDAQ:LAWS) is a North American distributor and marketer of systems, services and products to the industrial, commercial, institutional, and governmental maintenance repair and operations (MRO) marketplace.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.