Lawson Products (NASDAQ:LAWS) will be announcing its earnings results before the market opens on Thursday, October 24th. Analysts expect the company to announce earnings of $0.49 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.
Lawson Products (NASDAQ:LAWS) last posted its earnings results on Thursday, July 25th. The industrial products company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.35). Lawson Products had a net margin of 2.00% and a return on equity of 11.41%. The firm had revenue of $96.10 million during the quarter, compared to the consensus estimate of $95.28 million. On average, analysts expect Lawson Products to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
LAWS stock opened at $43.50 on Wednesday. Lawson Products has a fifty-two week low of $28.10 and a fifty-two week high of $44.05. The business’s 50-day moving average is $39.46 and its two-hundred day moving average is $37.00. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.91 and a current ratio of 1.77. The company has a market cap of $385.19 million, a price-to-earnings ratio of 55.06, a P/E/G ratio of 1.62 and a beta of 1.02.
A number of research analysts have weighed in on LAWS shares. Zacks Investment Research downgraded Lawson Products from a “buy” rating to a “hold” rating in a report on Friday, October 18th. BidaskClub raised Lawson Products from a “hold” rating to a “buy” rating in a report on Saturday. Barrington Research set a $44.00 target price on Lawson Products and gave the company a “buy” rating in a report on Friday, October 18th. Finally, ValuEngine downgraded Lawson Products from a “buy” rating to a “hold” rating in a research note on Thursday, August 15th. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $44.50.
About Lawson Products
Lawson Products, Inc distributes products and services to the industrial, commercial, institutional, and government maintenance, repair, and operations marketplace in the United States, Puerto Rico, Canada, Mexico, and the Caribbean. It operates in two segments, Lawson and Bolt. The company's products include fastening systems, fluid power products, specialty chemicals, cutting tools and abrasives, electrical products, aftermarket automotive supplies, safety products, welding and metal repair products, and other products.
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