Shares of Lawson Products, Inc. (NASDAQ:LAWS) have received an average broker rating score of 2.00 (Buy) from the two analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation and one has given a strong buy recommendation to the company.
Brokerages have set a 1-year consensus price objective of $30.00 for the company and are anticipating 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 71 out of 265 based on the ratings given to related companies.
A number of brokerages have recently commented on LAWS. Zacks Investment Research upgraded Lawson Products from a “hold” rating to a “buy” rating and set a $29.00 price objective for the company in a research report on Wednesday, October 18th. TheStreet upgraded Lawson Products from a “c+” rating to a “b” rating in a research report on Thursday, October 5th. Finally, Barrington Research reiterated an “outperform” rating and set a $30.00 price objective (up previously from $27.00) on shares of Lawson Products in a research report on Thursday, November 2nd.
Shares of Lawson Products (LAWS) opened at $23.75 on Thursday. 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 $213.31, a price-to-earnings ratio of 47.50, a PEG ratio of 1.36 and a beta of 1.62. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.41 and a current ratio of 2.42.
ILLEGAL ACTIVITY NOTICE: This piece was originally published by American Banking News and is owned by of American Banking News. If you are accessing this piece on another site, it was stolen and reposted in violation of United States and international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.americanbankingnews.com/2018/02/01/zacks-brokerages-set-30-00-target-price-for-lawson-products-inc-laws.html.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Lawson Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lawson Products and related companies with MarketBeat.com's FREE daily email newsletter.