Shares of Lydall, Inc. (NYSE:LDL) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that cover the stock, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy recommendation.
Brokers have set a twelve-month consensus price target of $59.00 for the company and are anticipating that the company will post $0.65 EPS for the current quarter, according to Zacks. Zacks has also given Lydall an industry rank of 88 out of 265 based on the ratings given to its competitors.
A number of equities research analysts have weighed in on the company. ValuEngine downgraded Lydall from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Zacks Investment Research downgraded Lydall from a “hold” rating to a “sell” rating in a research report on Wednesday, February 28th. Finally, Roth Capital cut their target price on Lydall from $63.00 to $56.00 and set a “buy” rating for the company in a research report on Monday, February 26th.
Lydall (NYSE:LDL) traded up $0.50 on Monday, reaching $49.35. The company’s stock had a trading volume of 172,376 shares, compared to its average volume of 118,607. The firm has a market capitalization of $847.77, a P/E ratio of 17.26 and a beta of 1.44. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.68 and a quick ratio of 1.89. Lydall has a 12-month low of $42.51 and a 12-month high of $60.00.
Lydall (NYSE:LDL) last released its earnings results on Wednesday, February 21st. The auto parts company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The firm had revenue of $178.03 million during the quarter, compared to the consensus estimate of $165.50 million. Lydall had a return on equity of 14.99% and a net margin of 7.01%. The firm’s revenue for the quarter was up 23.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.52 earnings per share. research analysts predict that Lydall will post 3.05 earnings per share for the current fiscal year.
In other Lydall news, CFO Scott M. Deakin sold 5,000 shares of the company’s stock in a transaction on Tuesday, March 6th. The stock was sold at an average price of $48.42, for a total value of $242,100.00. Following the transaction, the chief financial officer now owns 27,034 shares of the company’s stock, valued at $1,308,986.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 5.02% of the stock is currently owned by corporate insiders.
Several hedge funds and other institutional investors have recently bought and sold shares of LDL. Engine Capital Management LLC bought a new position in shares of Lydall in the fourth quarter valued at $102,000. SG Americas Securities LLC bought a new position in shares of Lydall in the third quarter valued at $165,000. Algert Global LLC bought a new position in shares of Lydall in the fourth quarter valued at $206,000. Piedmont Investment Advisors LLC bought a new position in shares of Lydall in the third quarter valued at $215,000. Finally, Mutual Advisors LLC bought a new position in shares of Lydall in the fourth quarter valued at $300,000. 90.71% of the stock is currently owned by institutional investors.
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Lydall, Inc designs and manufactures specialty engineered filtration media, industrial thermal insulating solutions, automotive thermal and acoustical barriers for filtration/separation and thermal/acoustical applications. The Company’s segments are Performance Materials, Technical Nonwovens, Thermal/Acoustical Metals and Thermal/Acoustical Fibers.
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