William Blair Estimates Lindsay's FY2025 Earnings (NYSE:LNN)

Lindsay Corporation (NYSE:LNN - Free Report) - Investment analysts at William Blair increased their FY2025 earnings estimates for shares of Lindsay in a research report issued on Friday, June 27th. William Blair analyst B. Drab now anticipates that the industrial products company will post earnings of $6.70 per share for the year, up from their prior forecast of $6.57. The consensus estimate for Lindsay's current full-year earnings is $5.82 per share. William Blair also issued estimates for Lindsay's Q1 2026 earnings at $1.67 EPS, Q2 2026 earnings at $1.67 EPS, Q3 2026 earnings at $1.62 EPS, Q4 2026 earnings at $1.38 EPS and FY2027 earnings at $6.70 EPS.

Lindsay (NYSE:LNN - Get Free Report) last issued its quarterly earnings data on Thursday, June 26th. The industrial products company reported $1.78 EPS for the quarter, topping analysts' consensus estimates of $1.36 by $0.42. The firm had revenue of $169.46 million for the quarter, compared to analyst estimates of $157.87 million. Lindsay had a net margin of 11.21% and a return on equity of 15.09%. The firm's revenue was up 21.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.85 EPS.

A number of other equities research analysts have also issued reports on LNN. Wall Street Zen upgraded shares of Lindsay from a "hold" rating to a "buy" rating in a research note on Friday, April 11th. Stifel Nicolaus boosted their price objective on shares of Lindsay from $128.00 to $136.00 and gave the company a "hold" rating in a research report on Friday.

Lindsay Stock Performance

Shares of Lindsay stock opened at $142.58 on Monday. The firm has a market cap of $1.55 billion, a PE ratio of 20.49 and a beta of 0.82. The firm's 50-day simple moving average is $135.70 and its 200-day simple moving average is $130.83. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.64 and a current ratio of 3.64. Lindsay has a 1 year low of $109.27 and a 1 year high of $150.96.

Lindsay Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.04%. This is an increase from Lindsay's previous quarterly dividend of $0.36. Lindsay's dividend payout ratio is currently 20.48%.

Institutional Investors Weigh In On Lindsay

A number of institutional investors have recently modified their holdings of LNN. Vanguard Group Inc. grew its position in Lindsay by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 1,260,171 shares of the industrial products company's stock worth $149,091,000 after purchasing an additional 10,649 shares during the last quarter. KBC Group NV grew its position in Lindsay by 1.4% in the 1st quarter. KBC Group NV now owns 353,238 shares of the industrial products company's stock worth $44,692,000 after purchasing an additional 4,724 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Lindsay by 0.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 345,943 shares of the industrial products company's stock worth $40,929,000 after purchasing an additional 2,207 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its position in Lindsay by 37.0% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 331,027 shares of the industrial products company's stock worth $39,164,000 after purchasing an additional 89,373 shares during the last quarter. Finally, Jennison Associates LLC grew its position in Lindsay by 404.3% in the 1st quarter. Jennison Associates LLC now owns 216,878 shares of the industrial products company's stock worth $27,439,000 after purchasing an additional 173,872 shares during the last quarter. Institutional investors own 89.94% of the company's stock.

About Lindsay

Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. It operates in two segments, Irrigation and Infrastructure. The Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot brand; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems.

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