Headlines about Lydall (NYSE:LDL) have trended somewhat positive on Saturday, Accern Sentiment reports. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lydall earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media stories about the auto parts company an impact score of 45.9435982384088 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Several brokerages have recently weighed in on LDL. Roth Capital set a $63.00 target price on Lydall and gave the stock a “buy” rating in a research report on Saturday, May 20th. Zacks Investment Research lowered Lydall from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. BidaskClub lowered Lydall from a “sell” rating to a “strong sell” rating in a research report on Friday, August 4th. Finally, ValuEngine lowered Lydall from a “buy” rating to a “hold” rating in a research report on Tuesday, July 11th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. Lydall currently has an average rating of “Hold” and an average price target of $60.50.
Lydall (NYSE:LDL) traded up 0.11% on Friday, reaching $46.65. The company’s stock had a trading volume of 48,214 shares. Lydall has a 52 week low of $44.14 and a 52 week high of $64.85. The company has a market capitalization of $803.92 million, a price-to-earnings ratio of 19.20 and a beta of 1.68. The firm’s 50 day moving average price is $49.35 and its 200-day moving average price is $52.03.
Lydall (NYSE:LDL) last announced its quarterly earnings results on Tuesday, August 1st. The auto parts company reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $0.10. The business had revenue of $174.88 million for the quarter, compared to analysts’ expectations of $174.98 million. Lydall had a return on equity of 17.43% and a net margin of 6.56%. The firm’s revenue was up 27.4% compared to the same quarter last year. On average, equities analysts predict that Lydall will post $2.91 EPS for the current year.
In other news, SVP Chad A. Mcdaniel sold 3,500 shares of the stock in a transaction that occurred on Friday, June 9th. The stock was sold at an average price of $54.06, for a total transaction of $189,210.00. Following the sale, the senior vice president now directly owns 36,236 shares in the company, valued at approximately $1,958,918.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.02% of the stock is currently owned by corporate insiders.
Lydall Company Profile
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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