We sincerely feel
BEARISH as a SITTING DUCK BULLISH
Lydall, Inc. designs and manufactures specialty engineered air and liquid filtration media, automotive thermal and acoustical barriers, passive and active industrial thermal and insulating solutions and certain medical filtration and bioprocessing components for demanding thermal/acoustical and filtration/separation applications.
Market: NYSE
http://www.lydall.com/
Fair value: $ 66
Discount: 10%
Average yearly return: 45%
Yield: N/A
Outperformer
On January 3, 2017:
Lydall, Inc.announced that it completed the previously announced purchase of MGF Gutsche GmbH & Co. on December 30, 2016 for $58 million in cash. The Company used $32 million of borrowings from its existing revolving credit facility and the remainder was paid from cash on hand. The transaction positions Lydall as a global leader in needle punch nonwoven filtration solutions and strengthens the Company’s position as a premier provider of engineered technical materials.
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