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Earnings Estimates Moving Higher for Lawson (LAWS): Time to Buy?


Lawson Products Inc. LAWS is a distributor of expendable maintenance, repair & replacement products that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on LAWS’ earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Lawson could be a solid choice for investors.

Current Quarter Estimates for LAWS

In the past 30 days, 2 estimates have gone higher for Lawson while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates narrowing from a loss of 13 cents a share 30 days ago, to a loss of 9 cents per share today, a move of 30.8%.

Current Year Estimates for LAWS

Meanwhile, Lawson’s current year figures are also looking quite promising, with 1 estimate moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, changing from a loss of 10 cents per share 30 days ago to earnings of 13 cents per share today.

LAWSON PRODUCTS Price and Consensus


Bottom Line

The stock has also started to move higher lately, adding 22% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank stocks here.

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