Zacks: Analysts Set $30.00 Price Target for Lawson Products, Inc. (LAWS)
Shares of Lawson Products, Inc. (NASDAQ:LAWS) have earned an average broker rating score of 2.00 (Buy) from the two analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating and one has assigned a strong buy rating to the company.
Brokerages have set a 1 year consensus price target 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 73 out of 265 based on the ratings given to related companies.
A number of research firms recently commented on LAWS. Zacks Investment Research raised shares of Lawson Products from a “hold” rating to a “buy” rating and set a $29.00 price target on the stock in a report on Wednesday, October 18th. Barrington Research reaffirmed an “outperform” rating and issued a $30.00 price target (up previously from $27.00) on shares of Lawson Products in a report on Thursday, November 2nd.
Lawson Products (NASDAQ LAWS) traded down $0.10 during trading hours on Thursday, hitting $23.55. 9,567 shares of the company were exchanged, compared to its average volume of 5,168. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.42 and a quick ratio of 1.41. The company has a market cap of $209.31, a PE ratio of 47.10, a PEG ratio of 1.34 and a beta of 1.47. Lawson Products has a 52 week low of $18.70 and a 52 week high of $28.10.
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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.
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