Landauer, Inc. (LDR) Cut to Hold at Zacks Investment Research
Landauer, Inc. (NYSE:LDR) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday.
According to Zacks, “Landauer Inc. is the world’s leading provider of analytical services to determine occupational and environmental radiation exposure. For more than fifty years, the company has provided complete radiation dosimetry services to hospitals, medical and dental offices, universities, national laboratories, and other industries in which radiation poses a potential threat to employees. Landauer’s services include the manufacture of various types of radiation detection monitors, the distribution and collection of the monitors to and from clients, and the analysis and reporting of exposure findings. The company provides its services to one.five million people in the United States, Japan, France, the United Kingdom, Brazil, Canada, China, Australia and other countries. “
Other analysts also recently issued research reports about the company. BidaskClub upgraded Landauer from a “sell” rating to a “hold” rating in a research report on Tuesday, August 15th. Hilliard Lyons raised Landauer from an “underperform” rating to a “neutral” rating in a report on Wednesday.
Shares of Landauer (NYSE:LDR) traded up 0.15% on Thursday, reaching $68.10. The company’s stock had a trading volume of 198,511 shares. The stock has a market cap of $668.06 million, a P/E ratio of 35.28 and a beta of 1.27. The firm’s 50-day moving average price is $59.69 and its 200-day moving average price is $53.58. Landauer has a 12 month low of $41.00 and a 12 month high of $68.40.
Landauer (NYSE:LDR) last issued its quarterly earnings results on Tuesday, August 8th. The scientific and technical instruments company reported $0.67 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.49 by $0.18. The firm had revenue of $39.89 million during the quarter. Landauer had a return on equity of 80.03% and a net margin of 12.09%. On average, analysts forecast that Landauer will post $1.95 earnings per share for the current fiscal year.
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Institutional investors have recently made changes to their positions in the business. Geode Capital Management LLC increased its stake in Landauer by 3.4% in the 1st quarter. Geode Capital Management LLC now owns 70,185 shares of the scientific and technical instruments company’s stock worth $3,421,000 after purchasing an additional 2,276 shares during the period. Schwab Charles Investment Management Inc. increased its stake in Landauer by 14.7% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 40,046 shares of the scientific and technical instruments company’s stock worth $1,953,000 after purchasing an additional 5,123 shares during the period. Tower Research Capital LLC TRC increased its stake in Landauer by 8,839.3% in the 1st quarter. Tower Research Capital LLC TRC now owns 5,006 shares of the scientific and technical instruments company’s stock worth $244,000 after purchasing an additional 4,950 shares during the period. Comerica Bank increased its stake in Landauer by 3.9% in the 1st quarter. Comerica Bank now owns 10,623 shares of the scientific and technical instruments company’s stock worth $568,000 after purchasing an additional 398 shares during the period. Finally, Louisiana State Employees Retirement System purchased a new position in Landauer in the 2nd quarter worth approximately $204,000. 80.99% of the stock is currently owned by institutional investors and hedge funds.
Landauer Company Profile
Landauer, Inc is a provider of technical and analytical services to determine occupational and environmental radiation exposure. The Company is a provider of outsourced medical physics services, and a provider of radiology related medical products. The Company operates through three segments: Radiation Measurement, Medical Physics and Medical Products.
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