Lydall, Inc. (NYSE:LDL) has received a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation. Lydall’s rating score has declined by 200% in the last 90 days as a result of various analysts’ upgrades and downgrades.

Analysts have set a 1 year consensus target price of $29.00 for the company and are anticipating that the company will post $0.36 earnings per share for the current quarter, according to Zacks. Zacks has also given Lydall an industry rank of 96 out of 256 based on the ratings given to related companies.

A number of equities research analysts have commented on the company. Zacks Investment Research cut Lydall from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 13th. ValuEngine upgraded Lydall from a “sell” rating to a “hold” rating in a report on Thursday, January 10th. TheStreet cut Lydall from a “b-” rating to a “c+” rating in a report on Tuesday, October 23rd. Finally, Roth Capital cut Lydall from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $53.00 to $29.00 in a report on Wednesday, November 7th.

NYSE:LDL traded up $1.36 during trading hours on Tuesday, reaching $24.90. 184,229 shares of the company traded hands, compared to its average volume of 167,032. The stock has a market cap of $433.43 million, a PE ratio of 8.89 and a beta of 1.61. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.90 and a current ratio of 2.60. Lydall has a 1-year low of $18.47 and a 1-year high of $50.60.

Lydall (NYSE:LDL) last announced its earnings results on Tuesday, November 6th. The auto parts company reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.13). The company had revenue of $197.90 million for the quarter, compared to analyst estimates of $197.85 million. Lydall had a net margin of 5.47% and a return on equity of 12.07%. Lydall’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.61 EPS. As a group, equities research analysts predict that Lydall will post 2.27 earnings per share for the current fiscal year.

Several hedge funds have recently bought and sold shares of the company. Ancora Advisors LLC purchased a new position in shares of Lydall in the 3rd quarter worth $215,000. Diversified Trust Co purchased a new position in shares of Lydall in the 3rd quarter worth $216,000. SG Americas Securities LLC purchased a new position in shares of Lydall in the 2nd quarter worth $290,000. OppenheimerFunds Inc. raised its position in shares of Lydall by 22.3% in the 2nd quarter. OppenheimerFunds Inc. now owns 10,837 shares of the auto parts company’s stock worth $473,000 after buying an additional 1,977 shares during the period. Finally, Virginia Retirement Systems ET AL purchased a new position in shares of Lydall in the 3rd quarter worth $478,000. Institutional investors and hedge funds own 91.41% of the company’s stock.

Lydall Company Profile

Lydall, Inc designs, manufactures, and markets specialty engineered filtration media, industrial thermal insulating solutions, and automotive thermal and acoustical barriers for filtration/separation and thermal/acoustical applications worldwide. It operates through Performance Materials, Technical Nonwovens, and Thermal Acoustical Solutions segments.

Featured Story: Stock Symbols and CUSIP Explained

Get a free copy of the Zacks research report on Lydall (LDL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Lydall Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lydall and related companies with MarketBeat.com's FREE daily email newsletter.