Lydall, Inc. (NYSE:LDL) was downgraded by ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Tuesday, July 11th.

Separately, Roth Capital set a $63.00 price target on shares of Lydall and gave the stock a “buy” rating in a research note on Monday, June 26th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $60.50.

Shares of Lydall (NYSE:LDL) opened at 49.50 on Tuesday. The stock has a market cap of $853.03 million, a price-to-earnings ratio of 20.37 and a beta of 1.68. The stock’s 50 day moving average is $50.86 and its 200 day moving average is $53.03. Lydall has a 52-week low of $43.65 and a 52-week high of $64.85.

Lydall (NYSE:LDL) last announced its quarterly earnings data on Tuesday, August 1st. The auto parts company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.10. The business had revenue of $174.88 million for the quarter, compared to the consensus estimate of $174.98 million. Lydall had a net margin of 6.56% and a return on equity of 17.43%. The business’s revenue was up 27.4% compared to the same quarter last year. On average, equities analysts expect that Lydall will post $2.97 earnings per share for the current fiscal year.

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In other Lydall news, SVP Chad A. Mcdaniel sold 3,500 shares of the 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 transaction, the senior vice president now owns 36,236 shares of the company’s stock, valued at $1,958,918.16. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CAO James V. Laughlan sold 4,700 shares of the stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $52.69, for a total transaction of $247,643.00. Following the transaction, the chief accounting officer now directly owns 19,743 shares in the company, valued at approximately $1,040,258.67. The disclosure for this sale can be found here. Company insiders own 5.02% of the company’s stock.

Institutional investors have recently modified their holdings of the stock. Teachers Advisors LLC increased its position in shares of Lydall by 8.9% in the fourth quarter. Teachers Advisors LLC now owns 30,733 shares of the auto parts company’s stock worth $1,901,000 after buying an additional 2,510 shares in the last quarter. Creative Planning increased its position in shares of Lydall by 6.9% in the first quarter. Creative Planning now owns 2,335 shares of the auto parts company’s stock worth $125,000 after buying an additional 150 shares in the last quarter. Capstone Asset Management Co. increased its position in shares of Lydall by 15.1% in the first quarter. Capstone Asset Management Co. now owns 8,042 shares of the auto parts company’s stock worth $431,000 after buying an additional 1,052 shares in the last quarter. Louisiana State Employees Retirement System increased its position in shares of Lydall by 1.4% in the first quarter. Louisiana State Employees Retirement System now owns 7,000 shares of the auto parts company’s stock worth $375,000 after buying an additional 100 shares in the last quarter. Finally, State of Alaska Department of Revenue increased its position in shares of Lydall by 2.2% in the first quarter. State of Alaska Department of Revenue now owns 1,900 shares of the auto parts company’s stock worth $101,000 after buying an additional 40 shares in the last quarter. 88.45% of the stock is currently owned by institutional investors and hedge funds.

About Lydall

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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