Lydall (LDL) Getting Somewhat Favorable News Coverage, Report Shows

Media stories about Lydall (NYSE:LDL) have trended somewhat positive on Tuesday, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Lydall earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave news articles about the auto parts company an impact score of 46.4929576125366 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Shares of NYSE:LDL opened at $48.75 on Tuesday. The stock has a market capitalization of $829.55, a P/E ratio of 17.41 and a beta of 1.44. Lydall has a fifty-two week low of $42.51 and a fifty-two week high of $60.00. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.89 and a current ratio of 2.68.

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Lydall (NYSE:LDL) last issued its quarterly earnings data on Wednesday, February 21st. The auto parts company reported $0.67 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.06. The firm had revenue of $178.03 million for the quarter, compared to the consensus estimate of $165.50 million. Lydall had a net margin of 7.01% and a return on equity of 14.99%. Lydall’s quarterly revenue was up 23.5% compared to the same quarter last year. During the same period last year, the firm posted $0.52 EPS. research analysts expect that Lydall will post 3.05 earnings per share for the current fiscal year.

A number of research analysts have recently issued reports on LDL shares. Zacks Investment Research upgraded shares of Lydall from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 4th. Roth Capital reduced their price target on shares of Lydall from $63.00 to $56.00 and set a “buy” rating on the stock in a research report on Monday, February 26th. Finally, ValuEngine downgraded shares of Lydall from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company’s stock. Lydall presently has an average rating of “Hold” and a consensus target price of $59.00.

In related news, insider Joseph A. Abbruzzi sold 2,050 shares of Lydall stock in a transaction dated Monday, March 19th. The shares were sold at an average price of $49.00, for a total value of $100,450.00. Following the sale, the insider now directly owns 43,287 shares in the company, valued at approximately $2,121,063. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Scott M. Deakin sold 5,000 shares of Lydall stock in a transaction dated Tuesday, March 6th. The shares were sold at an average price of $48.42, for a total transaction of $242,100.00. Following the completion of the sale, the chief financial officer now owns 27,034 shares in the company, valued at $1,308,986.28. The disclosure for this sale can be found here. Over the last quarter, insiders sold 18,317 shares of company stock worth $897,310. 4.43% of the stock is currently owned by insiders.

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About Lydall

Lydall, Inc designs, manufactures, and markets specialty engineered filtration media, industrial thermal insulating solutions, and automotive thermal and acoustical barriers for filtration/separation and thermal/acoustical applications worldwide. It operates through Performance Materials, Technical Nonwovens, and Thermal Acoustical Solutions segments.

Insider Buying and Selling by Quarter for Lydall (NYSE:LDL)

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