Lydall, Inc. (NYSE:LDL) has been given an average broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy recommendation.

Analysts have set a one year consensus price objective of $62.50 for the company and are anticipating that the company will post $0.62 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Lydall an industry rank of 107 out of 265 based on the ratings given to related companies.

A number of equities analysts have recently weighed in on LDL shares. Sidoti raised shares of Lydall from a “neutral” rating to a “buy” rating and set a $62.00 price objective for the company in a research report on Wednesday, September 13th. Zacks Investment Research raised shares of Lydall from a “sell” rating to a “hold” rating in a research report on Wednesday, October 4th.

In other Lydall news, CEO Dale G. Barnhart sold 12,685 shares of the stock in a transaction on Friday, November 17th. The shares were sold at an average price of $53.90, for a total transaction of $683,721.50. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director S Carl Soderstrom, Jr. sold 1,588 shares of the stock in a transaction on Monday, November 6th. The stock was sold at an average price of $55.00, for a total transaction of $87,340.00. Following the sale, the director now directly owns 20,121 shares in the company, valued at $1,106,655. The disclosure for this sale can be found here. Insiders sold 35,701 shares of company stock valued at $1,959,897 over the last 90 days. Insiders own 5.02% of the company’s stock.

Several large investors have recently modified their holdings of the business. Royal Bank of Canada raised its holdings in shares of Lydall by 6.7% during the second quarter. Royal Bank of Canada now owns 989,335 shares of the auto parts company’s stock worth $51,149,000 after purchasing an additional 61,944 shares during the period. Investment Counselors of Maryland LLC raised its holdings in shares of Lydall by 8.1% during the third quarter. Investment Counselors of Maryland LLC now owns 402,241 shares of the auto parts company’s stock worth $23,048,000 after purchasing an additional 30,260 shares during the period. Stifel Financial Corp raised its holdings in shares of Lydall by 6.7% during the third quarter. Stifel Financial Corp now owns 275,783 shares of the auto parts company’s stock worth $15,781,000 after purchasing an additional 17,254 shares during the period. Northern Trust Corp increased its holdings in shares of Lydall by 4.6% in the 2nd quarter. Northern Trust Corp now owns 249,248 shares of the auto parts company’s stock worth $12,887,000 after acquiring an additional 10,928 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in shares of Lydall by 1.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 221,167 shares of the auto parts company’s stock worth $12,673,000 after acquiring an additional 2,380 shares during the period. 90.22% of the stock is currently owned by institutional investors.

Lydall (NYSE:LDL) opened at $50.55 on Wednesday. The company has a current ratio of 2.67, a quick ratio of 1.91 and a debt-to-equity ratio of 0.28. The stock has a market cap of $883.65, a PE ratio of 21.79 and a beta of 1.64. Lydall has a 52-week low of $45.45 and a 52-week high of $63.20.

Lydall (NYSE:LDL) last posted its quarterly earnings data on Tuesday, October 31st. The auto parts company reported $0.61 earnings per share for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.08). The firm had revenue of $180.00 million during 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 was up 15.6% compared to the same quarter last year. equities analysts expect that Lydall will post 2.76 EPS for the current 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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