Media stories about Lydall (NYSE:LDL) have trended somewhat positive recently, according to Alpha One Sentiment Analysis. The research firm, a unit of Accern, identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Lydall earned a news sentiment score of 0.23 on Alpha One’s scale. Alpha One also gave news coverage about the auto parts company an impact score of 37 out of 100, meaning that recent press coverage is unlikely to have an impact on the company’s share price in the near future.
LDL has been the subject of a number of research reports. Zacks Investment Research upgraded Lydall from a “hold” rating to a “buy” rating and set a $58.00 price objective for the company in a research report on Tuesday, February 28th. ValuEngine raised Lydall from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Finally, Roth Capital set a $63.00 price target on Lydall and gave the stock a “buy” rating in a research note on Saturday, May 20th.
Lydall (NYSE:LDL) traded down 2.05% during midday trading on Friday, hitting $52.65. The stock had a trading volume of 115,392 shares. The firm has a market cap of $907.05 million, a P/E ratio of 22.89 and a beta of 1.70. The stock has a 50-day moving average of $52.13 and a 200-day moving average of $55.67. Lydall has a 52 week low of $37.03 and a 52 week high of $64.85.
Lydall (NYSE:LDL) last posted its quarterly earnings data on Thursday, May 4th. The auto parts company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.17. Lydall had a return on equity of 16.71% and a net margin of 7.08%. The company had revenue of $165.49 million during the quarter, compared to analysts’ expectations of $155.50 million. Analysts forecast that Lydall will post $2.92 EPS for the current fiscal year.
In related news, Director W Leslie Duffy sold 20,000 shares of the company’s stock in a transaction dated Monday, March 20th. The stock was sold at an average price of $53.76, for a total transaction of $1,075,200.00. Following the sale, the director now owns 60,898 shares in the company, valued at $3,273,876.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Chad A. Mcdaniel sold 3,500 shares of the company’s stock in a transaction dated Friday, June 9th. The stock was sold at an average price of $54.06, for a total value of $189,210.00. Following the sale, the senior vice president now owns 36,236 shares in the company, valued at approximately $1,958,918.16. The disclosure for this sale can be found here. Insiders have sold 33,200 shares of company stock worth $1,780,853 in the last quarter. 5.02% of the stock is currently owned by corporate insiders.
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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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