Lawson Products (LAWS) Set to Announce Earnings on Wednesday

Lawson Products (NASDAQ:LAWS) will release its earnings data before the market opens on Wednesday, February 21st. Analysts expect Lawson Products to post earnings of $0.16 per share for the quarter.

Shares of Lawson Products (NASDAQ:LAWS) opened at $22.95 on Wednesday. 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 has a twelve month low of $18.70 and a twelve month high of $28.10. The stock has a market capitalization of $202.65, a PE ratio of 45.00, a P/E/G ratio of 1.27 and a beta of 1.46.

Several research firms recently issued reports on LAWS. Zacks Investment Research upgraded Lawson Products from a “sell” rating to a “buy” rating and set a $28.00 price objective on the stock in a report on Tuesday, January 23rd. Barrington Research reiterated an “outperform” rating and issued a $30.00 price objective (up from $27.00) on shares of Lawson Products in a report on Thursday, November 2nd. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $29.00.

An institutional investor recently raised its position in Lawson Products stock. State Street Corp raised its position in Lawson Products, Inc. (NASDAQ:LAWS) by 12.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 81,043 shares of the industrial products company’s stock after buying an additional 8,776 shares during the period. State Street Corp owned about 0.91% of Lawson Products worth $1,795,000 at the end of the most recent reporting period. 64.68% of the stock is owned by institutional investors and hedge funds.

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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.

Earnings History for Lawson Products (NASDAQ:LAWS)

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