Lydall (LDL) Getting Somewhat Favorable Media Coverage, Study Shows
Media coverage about Lydall (NYSE:LDL) has been trending somewhat positive recently, Accern reports. Accern rates the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Lydall earned a daily sentiment score of 0.07 on Accern’s scale. Accern also gave news coverage about the auto parts company an impact score of 44.6259573651789 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news articles that may have impacted Accern’s analysis:
- Zacks: Lydall, Inc. (LDL) Given Consensus Recommendation of “Strong Buy” by Brokerages (americanbankingnews.com)
- James V. Laughlan Sells 2,275 Shares of Lydall, Inc. (LDL) Stock (americanbankingnews.com)
- Insider Selling: Lydall, Inc. (LDL) SVP Sells 10,912 Shares of Stock (americanbankingnews.com)
- Insider Selling: Lydall, Inc. (LDL) Director Sells 4,989 Shares of Stock (americanbankingnews.com)
- Lydall, Inc. (LDL) Given $62.50 Average Price Target by Analysts (americanbankingnews.com)
Lydall (NYSE LDL) opened at $53.15 on Tuesday. The stock has a market cap of $925.03, a P/E ratio of 20.09 and a beta of 1.67. Lydall has a 1 year low of $45.45 and a 1 year high of $64.85. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.67 and a quick ratio of 1.91.
Lydall (NYSE:LDL) last issued its quarterly earnings results on Tuesday, October 31st. The auto parts company reported $0.61 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.69 by ($0.08). The firm had revenue of $180.00 million during the quarter, compared to analyst estimates of $172.21 million. Lydall had a return on equity of 15.22% and a net margin of 6.00%. The business’s quarterly revenue was up 15.6% on a year-over-year basis. equities research analysts forecast that Lydall will post 2.76 earnings per share for the current fiscal year.
Several equities research analysts recently commented on the stock. Zacks Investment Research downgraded shares of Lydall from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. Roth Capital set a $63.00 target price on shares of Lydall and gave the stock a “buy” rating in a research report on Monday, July 31st. Sidoti upgraded shares of Lydall from a “neutral” rating to a “buy” rating and set a $62.00 target price on the stock in a research report on Wednesday, September 13th. Finally, BidaskClub downgraded shares of Lydall from a “sell” rating to a “strong sell” rating in a research report on Friday, August 4th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $62.50.
In other news, Director S Carl Soderstrom, Jr. sold 1,588 shares of Lydall stock in a transaction on Monday, November 6th. The shares were sold at an average price of $55.00, for a total value of $87,340.00. Following the completion of the sale, the director now owns 20,121 shares in the company, valued at approximately $1,106,655. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Joseph A. Abbruzzi sold 2,795 shares of Lydall stock in a transaction on Friday, September 15th. The shares were sold at an average price of $52.72, for a total transaction of $147,352.40. Following the completion of the sale, the insider now owns 39,685 shares of the company’s stock, valued at approximately $2,092,193.20. The disclosure for this sale can be found here. Insiders sold a total of 35,244 shares of company stock worth $1,927,901 in the last 90 days. Corporate insiders own 5.02% of the company’s stock.
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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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