Lawson Products (LAWS) PT Set at $37.00 by Barrington Research

Lawson Products (NASDAQ:LAWS) received a $37.00 price objective from equities research analysts at Barrington Research in a research note issued on Tuesday. The firm currently has a “buy” rating on the industrial products company’s stock. Barrington Research’s price target indicates a potential upside of 13.64% from the stock’s current price.

A number of other research firms have also recently issued reports on LAWS. Zacks Investment Research cut shares of Lawson Products from a “buy” rating to a “hold” rating in a research note on Thursday, October 25th. ValuEngine upgraded shares of Lawson Products from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, October 24th. BidaskClub cut shares of Lawson Products from a “buy” rating to a “hold” rating in a research note on Tuesday, September 11th. Finally, TheStreet upgraded shares of Lawson Products from a “c+” rating to a “b-” rating in a research note on Friday, August 10th. Two equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $36.00.

Shares of LAWS opened at $32.56 on Tuesday. The stock has a market cap of $283.29 million, a price-to-earnings ratio of 63.84, a price-to-earnings-growth ratio of 1.66 and a beta of 1.46. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.67 and a quick ratio of 0.88. Lawson Products has a 12 month low of $21.00 and a 12 month high of $36.90.



Large investors have recently bought and sold shares of the company. Gamco Investors INC. ET AL raised its stake in shares of Lawson Products by 14.9% in the second quarter. Gamco Investors INC. ET AL now owns 202,340 shares of the industrial products company’s stock valued at $4,927,000 after acquiring an additional 26,202 shares during the last quarter. Granahan Investment Management Inc. MA raised its stake in shares of Lawson Products by 13.4% in the second quarter. Granahan Investment Management Inc. MA now owns 289,781 shares of the industrial products company’s stock valued at $7,056,000 after acquiring an additional 34,340 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Lawson Products by 1.5% in the second quarter. Dimensional Fund Advisors LP now owns 584,391 shares of the industrial products company’s stock valued at $14,230,000 after acquiring an additional 8,718 shares during the last quarter. Cadence Capital Management LLC increased its holdings in shares of Lawson Products by 12.2% in the second quarter. Cadence Capital Management LLC now owns 98,823 shares of the industrial products company’s stock valued at $2,406,000 after purchasing an additional 10,715 shares in the last quarter. Finally, Ramsey Quantitative Systems increased its holdings in shares of Lawson Products by 102.7% in the second quarter. Ramsey Quantitative Systems now owns 8,716 shares of the industrial products company’s stock valued at $212,000 after purchasing an additional 4,416 shares in the last quarter. Institutional investors own 66.21% of the company’s stock.

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.

Featured Story: Technical Analysis of Stocks and What It Means

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.

Leave a Reply