Zacks: Landauer Inc. (NYSE:LDR) Given $42.67 Consensus Target Price by Analysts
Landauer Inc. (NYSE:LDR) has been assigned a consensus broker rating score of 3.67 (Sell) from the three analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong sell recommendation and two have issued a hold recommendation on the company. Landauer’s rating score has declined by 22.3% from 90 days ago as a result of a number of analysts’ ratings changes.
Analysts have set a 12 month consensus price objective of $42.67 for the company and are predicting that the company will post $0.29 EPS for the current quarter, according to Zacks. Zacks has also given Landauer an industry rank of 98 out of 265 based on the ratings given to related companies.
Several research analysts recently issued reports on LDR shares. Hilliard Lyons cut shares of Landauer from a “neutral” rating to an “underperform” rating in a report on Friday, July 1st. Zacks Investment Research raised shares of Landauer from a “hold” rating to a “buy” rating and set a $54.00 target price for the company in a report on Wednesday, August 10th. Sidoti cut shares of Landauer from a “buy” rating to a “neutral” rating and set a $52.00 target price for the company. in a report on Tuesday, August 16th. Finally, TheStreet raised shares of Landauer from a “hold” rating to a “buy” rating in a report on Wednesday, June 1st.
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Landauer (NYSE:LDR) traded down 0.29% during midday trading on Wednesday, hitting $44.52. The stock had a trading volume of 43,142 shares. Landauer has a 52-week low of $26.99 and a 52-week high of $49.74. The firm has a 50-day moving average of $46.13 and a 200 day moving average of $39.20. The firm has a market capitalization of $427.53 million, a P/E ratio of 24.06 and a beta of 1.00.
Landauer (NYSE:LDR) last posted its quarterly earnings data on Monday, August 8th. The company reported $0.58 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.39 by $0.19. Landauer had a net margin of 11.63% and a return on equity of 102.93%. The business earned $37.90 million during the quarter, compared to the consensus estimate of $35.24 million. On average, equities analysts forecast that Landauer will post $1.76 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 5th. Shareholders of record on Friday, September 16th will be issued a $0.275 dividend. The ex-dividend date of this dividend is Wednesday, September 14th. This represents a $1.10 dividend on an annualized basis and a yield of 2.46%. Landauer’s payout ratio is 59.14%.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LDR. BNP Paribas Arbitrage SA boosted its stake in Landauer by 86.1% in the second quarter. BNP Paribas Arbitrage SA now owns 2,977 shares of the company’s stock worth $123,000 after buying an additional 1,377 shares in the last quarter. Royal Bank of Canada boosted its stake in Landauer by 7.7% in the first quarter. Royal Bank of Canada now owns 19,002 shares of the company’s stock worth $628,000 after buying an additional 1,359 shares in the last quarter. Lafitte Capital Management LP bought a new stake in Landauer during the first quarter worth approximately $1,984,000. Nuveen Asset Management LLC boosted its stake in Landauer by 34.3% in the first quarter. Nuveen Asset Management LLC now owns 54,487 shares of the company’s stock worth $1,802,000 after buying an additional 13,914 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in Landauer by 20.6% in the first quarter. Renaissance Technologies LLC now owns 113,800 shares of the company’s stock worth $3,763,000 after buying an additional 19,400 shares in the last quarter. 86.28% of the stock is owned by institutional investors.
Landauer Company Profile
Landauer, Inc (Landauer) is a provider of technical and analytical services to determine occupational and environmental radiation exposure. The Company is a domestic provider of outsourced medical physics services and a provider of radiology related medical products. It operates in three business segments: Radiation Measurement, Medical Physics and Medical Products.
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