Lawson Products, Inc. (NASDAQ:LAWS) has been given an average broker rating score of 2.00 (Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating and one has issued a strong buy rating on the company.

Brokerages have set a 12 month consensus price target of $30.00 for the company and are forecasting that the company will post $0.16 EPS for the current quarter, according to Zacks. Zacks has also given Lawson Products an industry rank of 117 out of 265 based on the ratings given to related companies.

Several brokerages have recently weighed in on LAWS. Zacks Investment Research downgraded shares of Lawson Products from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. KeyCorp reiterated a “hold” rating on shares of Lawson Products in a research note on Sunday, September 17th. TheStreet upgraded shares of Lawson Products from a “c+” rating to a “b” rating in a research note on Thursday, October 5th. Finally, Barrington Research reiterated an “outperform” rating and set a $30.00 target price (up previously from $27.00) on shares of Lawson Products in a research note on Thursday, November 2nd.

Shares of Lawson Products (NASDAQ:LAWS) traded down $0.80 on Monday, hitting $24.35. 5,144 shares of the stock traded hands, compared to its average volume of 16,428. Lawson Products has a twelve month low of $18.70 and a twelve month high of $28.10. The firm has a market capitalization of $223.53, a P/E ratio of 279.44, a price-to-earnings-growth ratio of 3.29 and a beta of 1.60. The company has a quick ratio of 1.41, a current ratio of 2.42 and a debt-to-equity ratio of 0.09.

Lawson Products (NASDAQ:LAWS) last announced its earnings results on Thursday, October 26th. The industrial products company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.06). Lawson Products had a return on equity of 1.72% and a net margin of 1.64%. The business had revenue of $75.65 million for the quarter, compared to analyst estimates of $74.16 million. sell-side analysts forecast that Lawson Products will post 0.51 earnings per share for the current fiscal year.

A number of large investors have recently made changes to their positions in the stock. Menta Capital LLC lifted its position in Lawson Products by 5.7% in the second quarter. Menta Capital LLC now owns 12,986 shares of the industrial products company’s stock valued at $288,000 after purchasing an additional 700 shares during the period. Schwab Charles Investment Management Inc. lifted its position in Lawson Products by 6.7% in the second quarter. Schwab Charles Investment Management Inc. now owns 14,400 shares of the industrial products company’s stock valued at $319,000 after purchasing an additional 900 shares during the period. Geode Capital Management LLC lifted its position in Lawson Products by 3.1% in the first quarter. Geode Capital Management LLC now owns 44,508 shares of the industrial products company’s stock valued at $999,000 after purchasing an additional 1,338 shares during the period. Dimensional Fund Advisors LP lifted its position in Lawson Products by 0.3% in the first quarter. Dimensional Fund Advisors LP now owns 610,321 shares of the industrial products company’s stock valued at $13,702,000 after purchasing an additional 1,892 shares during the period. Finally, Teton Advisors Inc. lifted its position in Lawson Products by 0.8% in the second quarter. Teton Advisors Inc. now owns 266,714 shares of the industrial products company’s stock valued at $5,908,000 after purchasing an additional 2,000 shares during the period. Hedge funds and other institutional investors 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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