Lydall, Inc. (NYSE:LDL) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that cover the company, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy recommendation.

Brokers have set a one year consensus price objective of $62.50 for the company and are forecasting that the company will post $0.62 EPS for the current quarter, according to Zacks. Zacks has also given Lydall an industry rank of 169 out of 265 based on the ratings given to related companies.

A number of brokerages have recently weighed in on LDL. Zacks Investment Research lowered shares of Lydall from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 7th. Sidoti raised shares of Lydall from a “neutral” rating to a “buy” rating and set a $62.00 price target for the company in a research note on Wednesday, September 13th.

In related news, CEO Dale G. Barnhart sold 12,685 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $53.90, for a total value of $683,721.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Chad A. Mcdaniel sold 10,912 shares of the business’s stock in a transaction that occurred on Wednesday, November 22nd. The stock was sold at an average price of $55.68, for a total transaction of $607,580.16. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 38,496 shares of company stock valued at $2,107,249. Company insiders own 5.02% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LDL. Pinebridge Investments L.P. raised its holdings in shares of Lydall by 1.0% in the 2nd quarter. Pinebridge Investments L.P. now owns 2,270 shares of the auto parts company’s stock worth $118,000 after purchasing an additional 22 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Lydall in the 3rd quarter worth approximately $165,000. Victory Capital Management Inc. raised its holdings in shares of Lydall by 13.4% in the 2nd quarter. Victory Capital Management Inc. now owns 3,559 shares of the auto parts company’s stock worth $184,000 after purchasing an additional 421 shares in the last quarter. Piedmont Investment Advisors LLC bought a new stake in shares of Lydall in the 3rd quarter worth approximately $215,000. Finally, Aperio Group LLC raised its holdings in shares of Lydall by 10.8% in the 2nd quarter. Aperio Group LLC now owns 4,217 shares of the auto parts company’s stock worth $218,000 after purchasing an additional 410 shares in the last quarter. Institutional investors and hedge funds own 90.35% of the company’s stock.

Lydall (NYSE LDL) opened at $51.85 on Monday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.91 and a current ratio of 2.67. The stock has a market cap of $894.00, a PE ratio of 19.42 and a beta of 1.63. Lydall has a one year low of $45.45 and a one year high of $64.85.

Lydall (NYSE:LDL) last posted its earnings results on Tuesday, October 31st. The auto parts company reported $0.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.08). The firm had revenue of $180.00 million for the quarter, compared to analyst estimates of $172.21 million. Lydall had a net margin of 6.00% and a return on equity of 15.22%. Lydall’s revenue for the quarter was up 15.6% on a year-over-year basis. equities research analysts predict that Lydall will post 2.76 earnings per share for the current fiscal year.

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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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