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NYSE:LNNLindsay Stock Price, Forecast & News

$93.92
-1.00 (-1.05 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$91.97
Now: $93.92
$94.56
50-Day Range
$85.39
MA: $91.41
$101.83
52-Week Range
$71.86
Now: $93.92
$111.76
Volume71,607 shs
Average Volume72,683 shs
Market Capitalization$1.02 billion
P/E Ratio55.57
Dividend Yield1.35%
Beta0.25
Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. The company's Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot and Greenfield brands; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems under the GrowSmart brand. This segment also offers repair and replacement parts for irrigation systems and controls; and M2M communication technology solutions, data acquisition and management systems, and custom electronic equipment under the Elecsys brand. Its Infrastructure segment provides Quickchange moveable barrier systems that help in highway reconstruction, paving and resurfacing, road widening, median and shoulder construction, and tunnels and bridge repairs; and re-directive and non-re-directive crash cushions, which are used to enhance highway safety at locations, such as toll booths, freeway off-ramps, medians and roadside barrier ends, bridge supports, utility poles, and other fixed roadway hazards. This segment also offers specialty barrier products; road marking and road safety equipment; and railroad signals and structures, and diameter steel tubing products, as well as outsourced manufacturing and production services for other companies. The company serves departments of transportation, municipal transportation road agencies, roadway contractors, subcontractors, distributors, and dealers. Lindsay Corporation was founded in 1954 and is headquartered in Omaha, Nebraska.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.8Community Rank: 2.0Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.60 out of 5 stars


Industry, Sector and Symbol

Industry Farm machinery & equipment
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorIndustrial Products
CUSIP53555510
Phone402-829-6800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$444.07 million
Cash Flow$2.72 per share
Book Value$24.87 per share

Profitability

Net Income$2.17 million

Miscellaneous

Employees1,069
Market Cap$1.02 billion
Next Earnings Date7/14/2020 (Estimated)
OptionableOptionable

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Lindsay (NYSE:LNN) Frequently Asked Questions

How has Lindsay's stock been impacted by COVID-19 (Coronavirus)?

Lindsay's stock was trading at $88.57 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LNN stock has increased by 6.0% and is now trading at $93.92. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Lindsay?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lindsay in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Lindsay.

When is Lindsay's next earnings date?

Lindsay is scheduled to release its next quarterly earnings announcement on Tuesday, July 14th 2020. View our earnings forecast for Lindsay.

How were Lindsay's earnings last quarter?

Lindsay Co. (NYSE:LNN) issued its earnings results on Tuesday, April, 7th. The industrial products company reported $0.51 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.45 by $0.06. The industrial products company earned $113.80 million during the quarter, compared to analyst estimates of $113.93 million. Lindsay had a return on equity of 9.23% and a net margin of 4.09%. The firm's revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter last year, the business posted $0.02 earnings per share. View Lindsay's earnings history.

How often does Lindsay pay dividends? What is the dividend yield for Lindsay?

Lindsay announced a quarterly dividend on Monday, April 6th. Shareholders of record on Friday, May 15th will be paid a dividend of $0.32 per share on Friday, May 29th. This represents a $1.28 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date is Thursday, May 14th. This is a positive change from Lindsay's previous quarterly dividend of $0.31. View Lindsay's dividend history.

What price target have analysts set for LNN?

3 equities research analysts have issued 1 year target prices for Lindsay's stock. Their forecasts range from $82.00 to $100.00. On average, they anticipate Lindsay's stock price to reach $91.00 in the next year. This suggests that the stock has a possible downside of 3.1%. View analysts' price targets for Lindsay.

Has Lindsay been receiving favorable news coverage?

Press coverage about LNN stock has trended negative recently, InfoTrie reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Lindsay earned a coverage optimism score of -2.4 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutLindsay.

Are investors shorting Lindsay?

Lindsay saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 566,400 shares, a decline of 8.1% from the April 30th total of 616,100 shares. Based on an average trading volume of 86,400 shares, the short-interest ratio is presently 6.6 days. Currently, 5.3% of the company's shares are short sold. View Lindsay's Current Options Chain.

Who are some of Lindsay's key competitors?

What other stocks do shareholders of Lindsay own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lindsay investors own include Enterprise Products Partners (EPD), Boeing (BA), IBM (IBM), Altria Group (MO), Valmont Industries (VMI), Broadcom (AVGO), Gilead Sciences (GILD), Marathon Petroleum (MPC), Netflix (NFLX) and Starbucks (SBUX).

Who are Lindsay's key executives?

Lindsay's management team includes the following people:
  • Mr. Timothy L. Hassinger, Pres, CEO & Director (Age 57)
  • Mr. Brian L. Ketcham, Sr. VP & CFO (Age 58)
  • Mr. J. Scott Marion, Pres of Infrastructure Division (Age 51)
  • Mr. Randy A. Wood, Pres of Agricultural Irrigation Division (Age 47)
  • Mr. Gregory G. Oswald, Sr. VP of Global Operations (Age 54)

What is Lindsay's stock symbol?

Lindsay trades on the New York Stock Exchange (NYSE) under the ticker symbol "LNN."

Who are Lindsay's major shareholders?

Lindsay's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.37%), Nuance Investments LLC (6.27%), Impax Asset Management Group plc (5.86%), State Street Corp (3.28%), Bank of New York Mellon Corp (2.88%) and Invesco Ltd. (1.84%). Company insiders that own Lindsay stock include Bill Welsh, Michael Christodolou, Michael D Walter and Randy A Wood. View institutional ownership trends for Lindsay.

Which major investors are selling Lindsay stock?

LNN stock was sold by a variety of institutional investors in the last quarter, including Impax Asset Management Group plc, Nuance Investments LLC, Franklin Resources Inc., Rice Hall James & Associates LLC, BlackRock Inc., Invesco Ltd., Global Alpha Capital Management Ltd., and Morgan Stanley. Company insiders that have sold Lindsay company stock in the last year include Michael Christodolou, Michael D Walter, and Randy A Wood. View insider buying and selling activity for Lindsay.

Which major investors are buying Lindsay stock?

LNN stock was bought by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, State Street Corp, Squarepoint Ops LLC, Jane Street Group LLC, Schroder Investment Management Group, Geode Capital Management LLC, First Trust Advisors LP, and Krane Funds Advisors LLC. View insider buying and selling activity for Lindsay.

How do I buy shares of Lindsay?

Shares of LNN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Lindsay's stock price today?

One share of LNN stock can currently be purchased for approximately $93.92.

How big of a company is Lindsay?

Lindsay has a market capitalization of $1.02 billion and generates $444.07 million in revenue each year. The industrial products company earns $2.17 million in net income (profit) each year or $1.45 on an earnings per share basis. Lindsay employs 1,069 workers across the globe.

What is Lindsay's official website?

The official website for Lindsay is www.lindsay.com.

How can I contact Lindsay?

Lindsay's mailing address is 18135 Burke Street Suite 100, Omaha NE, 68022. The industrial products company can be reached via phone at 402-829-6800.

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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