Media headlines about Lydall (NYSE:LDL) have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Lydall earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave headlines about the auto parts company an impact score of 74 out of 100, indicating that recent media coverage is likely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
- Lydall, Inc. :LDL-US: Earnings Analysis: Q2, 2017 By the Numbers : August 4, 2017 (finance.yahoo.com)
- Lydall, Inc. (LDL) Rating Lowered to Strong Sell at BidaskClub (americanbankingnews.com)
- Zacks: Lydall, Inc. (NYSE:LDL) Given Average Rating of “Buy” by Brokerages (americanbankingnews.com)
- Investor Network: Lydall, Inc. to Host Earnings Call (finance.yahoo.com)
- Edited Transcript of LDL earnings conference call or presentation 2-Aug-17 2:00pm GMT (finance.yahoo.com)
A number of equities analysts recently commented on the stock. Roth Capital set a $63.00 price target on shares of Lydall and gave the stock a “buy” rating in a research note on Saturday, May 20th. ValuEngine raised shares of Lydall from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. BidaskClub cut shares of Lydall from a “hold” rating to a “sell” rating in a research note on Sunday, July 16th. Finally, Zacks Investment Research cut shares of Lydall from a “hold” rating to a “sell” rating in a research note on Tuesday. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. Lydall presently has an average rating of “Hold” and a consensus price target of $60.50.
Lydall (NYSE:LDL) traded down 3.44% during trading on Wednesday, hitting $47.65. 134,475 shares of the company were exchanged. The company has a market capitalization of $821.15 million, a price-to-earnings ratio of 19.61 and a beta of 1.68. The stock’s 50-day moving average is $50.43 and its 200-day moving average is $52.93. Lydall has a 12 month low of $44.14 and a 12 month high of $64.85.
Lydall (NYSE:LDL) last announced its earnings results on Tuesday, August 1st. The auto parts company reported $0.80 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.70 by $0.10. The company had revenue of $174.88 million during the quarter, compared to analyst estimates of $174.98 million. Lydall had a net margin of 6.56% and a return on equity of 17.43%. The business’s revenue for the quarter was up 27.4% on a year-over-year basis. Equities research analysts anticipate that Lydall will post $2.91 earnings per share for the current year.
In other news, CAO James V. Laughlan sold 4,700 shares of the firm’s stock in a transaction that occurred on Monday, May 15th. The shares were sold at an average price of $52.69, for a total value of $247,643.00. Following the completion of the transaction, the chief accounting officer now owns 19,743 shares of the company’s stock, valued at $1,040,258.67. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Chad A. Mcdaniel sold 3,500 shares of the firm’s stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $54.06, for a total transaction of $189,210.00. Following the completion of the transaction, the senior vice president now directly owns 36,236 shares of the company’s stock, valued at approximately $1,958,918.16. The disclosure for this sale can be found here. Company insiders own 5.02% of the company’s stock.
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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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