Wall Street analysts expect that Lawson Products, Inc. (NASDAQ:LAWS) will announce earnings of $0.16 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Lawson Products’ earnings, with the highest EPS estimate coming in at $0.25 and the lowest estimate coming in at $0.07. Lawson Products reported earnings of $0.09 per share during the same quarter last year, which indicates a positive year over year growth rate of 77.8%. The business is scheduled to announce its next earnings results on Thursday, February 22nd.

On average, analysts expect that Lawson Products will report full-year earnings of $0.51 per share for the current financial year. For the next financial year, analysts forecast that the company will report earnings of $1.07 per share, with EPS estimates ranging from $0.79 to $1.35. Zacks’ EPS averages are an average based on a survey of analysts that cover Lawson Products.

Lawson Products (NASDAQ:LAWS) last released its quarterly earnings results on Thursday, October 26th. The industrial products company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.06). Lawson Products had a return on equity of 1.72% and a net margin of 1.64%. The firm had revenue of $75.65 million for the quarter, compared to analyst estimates of $74.16 million.

A number of research analysts have commented on the company. Zacks Investment Research upgraded Lawson Products from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a research note on Wednesday, November 1st. Barrington Research restated an “outperform” rating and set a $30.00 price target (up from $27.00) on shares of Lawson Products in a research note on Thursday, November 2nd. KeyCorp restated a “hold” rating on shares of Lawson Products in a research note on Sunday, September 17th. Finally, TheStreet upgraded Lawson Products from a “c+” rating to a “b” rating in a research note on Thursday, October 5th. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $28.50.

Lawson Products (LAWS) opened at $24.95 on Thursday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.41 and a current ratio of 2.42. Lawson Products has a 52 week low of $18.70 and a 52 week high of $28.10. The company has a market capitalization of $227.53, a price-to-earnings ratio of 284.44, a price-to-earnings-growth ratio of 3.35 and a beta of 1.60.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Algert Global LLC acquired a new stake in shares of Lawson Products in the third quarter valued at $427,000. California Public Employees Retirement System acquired a new stake in shares of Lawson Products in the third quarter valued at $223,000. Granahan Investment Management Inc. MA raised its stake in shares of Lawson Products by 9.1% in the third quarter. Granahan Investment Management Inc. MA now owns 234,153 shares of the industrial products company’s stock valued at $5,901,000 after acquiring an additional 19,509 shares in the last quarter. Cadence Capital Management LLC raised its stake in shares of Lawson Products by 23.8% in the third quarter. Cadence Capital Management LLC now owns 67,603 shares of the industrial products company’s stock valued at $1,704,000 after acquiring an additional 12,993 shares in the last quarter. Finally, Granite Investment Partners LLC acquired a new stake in shares of Lawson Products in the third quarter valued at $504,000. Institutional investors and hedge funds own 64.57% 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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Earnings History and Estimates for Lawson Products (NASDAQ:LAWS)

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