Consumer Goods Decliners: Lydall, Inc. (NYSE:LDL), Primo Water Corporation (NASDAQ:PRMW), Sony Corp (ADR) (NYSE:SNE), Zuoan Fashion Ltd (NYSE:ZA), Spartan Motors Inc (NASDAQ:SPAR)

Lydall, Inc. (NYSE:LDL) failed to generate positive operating cash flow due to higher change in working capital. Cash used in operating activities was $2.9 million with capital expenditure of $2.8 million. The acquisition related expenses compressed the net cash flow and ended with $51.1 million of cash as of March 31, 2014.Lydall, Inc. (NYSE:LDL) net profit margin is 4.80% and weekly performance is -1.38%. On last trading day company shares ended up $25.77. Analysts mean target price for the company is $32.00. Lydall, Inc. (NYSE:LDL) distance from 50-day simple moving average (SMA50) is 11.94%.

Analysts at B. Riley lifted their price target on shares of Primo Water Corporation (NASDAQ:PRMW) to $6.00 in a research report issued to clients and investors on Friday, Stock Ratings Network reports. B. Riley’s target price points to a potential upside of 29.87% from the company’s current price. Primo Water Corporation (NASDAQ:PRMW) shares fell -7.01% in last trading session and ended the day on $3.98. PRMW Gross Margin is 25.00% and its return on assets is -17.90%. Primo Water Corporation (NASDAQ:PRMW) quarterly performance is 42.14%.

Sony Corp (ADR) (NYSE:SNE) plunged in Tokyo trading after unexpectedly forecasting an annual loss, the sixth in seven years, casting further doubt on Chief Executive Officer Kazuo Hirai’s ability to revive the company. Sony shares fell 6.1 percent, the most since Nov. 1, to 1,695 yen at the close in Tokyo. UBS AG cut Sony to a sell rating, and Goldman Sachs Group Inc. lowered its share-price estimate for the company. Sony Corp (ADR) (NYSE:SNE) shares moved down -6.46% in last trading session and was closed at $16.50, while trading in range of $16.28 – $17.19. Sony Corp (ADR) (NYSE:SNE) year to date (YTD) performance is -4.57%.

Zuoan Fashion Ltd (ADR) (NYSE:ZA) announced a dividend on Wednesday, April 30th, Analyst RN reports. Shareholders of record on Friday, May 16th will be paid a dividend of 0.05 per share on Tuesday, June 10th. Zuoan Fashion Ltd (ADR) (NYSE:ZA) ended the last trading day at $1.83. Company weekly volatility is calculated as 6.76% and price to cash ratio as 0.25. Zuoan Fashion Ltd (ADR) (NYSE:ZA) showed a positive weekly performance of 9.58%.

Spartan Motors Inc (NASDAQ:SPAR) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research note issued to investors on Thursday, AnalystRatingsNetwork reports. They currently have a $4.60 price objective on the stock. Spartan Motors Inc (NASDAQ:SPAR) net profit margin is -2.20% and weekly performance is 1.45%. On last trading day company shares ended up $4.90. Analysts mean target price for the company is $6.75. Spartan Motors Inc (NASDAQ:SPAR) distance from 50-day simple moving average (SMA50) is -6.51%.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *