Lindsay Company Profile (NYSE:LNN)

About Lindsay (NYSE:LNN)

Lindsay Corporation, along with its subsidiaries, provides a range of water management and road infrastructure products and services. The Company operates through two segments: Irrigation Segment and Infrastructure Segment. The Irrigation Segment includes the manufacture and marketing of center pivot, lateral move, and hose reel irrigation systems, which are used primarily in the agricultural industry. The Infrastructure Segment includes the manufacture and marketing of moveable barriers, specialty barriers, crash cushions and end terminals, road marking and road safety equipment, large diameter steel tubing, and railroad signals and structures. It also manufactures and markets hose reel travelers under the Perrot and Greenfield brands in Europe and South Africa. It produces or markets chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems, which it sells under its GrowSmart brand.

Industry, Sector and Symbol:

Sector: Industrial Products
Industry: Farm & Construction Machinery
Sub-Industry: Construction & Farm Machinery & Heavy Trucks
Symbol: NYSE:LNN
CUSIP: 53555510
Web: www.lindsay.com

Capitalization:

Market Cap: $909.15 million
Outstanding Shares: 10,662,000

Average Prices:

50 Day Moving Avg: $86.01
200 Day Moving Avg: $81.31
52 Week Range: $65.80 - $89.98

P/E:

Trailing P/E Ratio: 39.10
Foreward P/E Ratio: 28.52
P/E Growth: 3.26

Sales & Book Value:

Annual Revenue: $508.73 million
Price / Sales: 1.79
Book Value: $23.78 per share
Price / Book: 3.59

Dividend:

Annual Dividend: $1.16
Dividend Yield: 1.4%

Profitability:

EBIDTA: $55.04 million
Net Margins: 2.81%
Return on Equity: 9.19%
Return on Assets: 4.63%

Debt:

Debt-to-Equity Ratio: 0.47%
Current Ratio: 3.25%
Quick Ratio: 2.30%

Misc:

Average Volume: 81,819 shs.
Beta: 0.74
Short Ratio: 25.45

Frequently Asked Questions for Lindsay (NYSE:LNN)

What is Lindsay's stock symbol?

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

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

Lindsay declared a quarterly dividend on Friday, April 28th. Investors of record on Wednesday, May 17th will be given a dividend of $0.29 per share on Wednesday, May 31st. This represents a $1.16 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date is Monday, May 15th. View Lindsay's Dividend History.

How were Lindsay's earnings last quarter?

Lindsay Co. (NYSE:LNN) issued its quarterly earnings data on Thursday, March, 30th. The company reported $0.47 earnings per share for the quarter, topping analysts' consensus estimates of $0.40 by $0.07. The firm earned $124.10 million during the quarter, compared to analysts' expectations of $119.12 million. Lindsay had a net margin of 2.81% and a return on equity of 9.19%. The business's revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.37) earnings per share. View Lindsay's Earnings History.

When will Lindsay make its next earnings announcement?

Lindsay is scheduled to release their next quarterly earnings announcement on Wednesday, June, 28th 2017. View Earnings Estimates for Lindsay.

Where is Lindsay's stock going? Where will Lindsay's stock price be in 2017?

2 brokerages have issued 1 year price objectives for Lindsay's shares. Their forecasts range from $76.00 to $77.00. On average, they expect Lindsay's stock price to reach $76.50 in the next year. View Analyst Ratings for Lindsay.

Who are some of Lindsay's key competitors?

Some companies that are related to Lindsay include Mueller Water Products (MWA), Franklin Electric (FELE), Proto Labs (PRLB), Mueller Industries (MLI), SPX Flow (FLOW), Actuant (ATU), Albany International Corp. (AIN), Apogee Enterprises (APOG), AlarmCom Hldg (ALRM), ESCO Technologies (ESE), Kaiser Aluminum Corp. (KALU), AZZ (AZZ), EnPro Industries (NPO), Multi Packaging Solutions Intrntnl Ltd (MPSX), Multi-Color (LABL), Axon Enterprise (AAXN), Kaman (KAMN) and Astec Industries (ASTE).

Who are Lindsay's key executives?

Lindsay's management team includes the folowing people:

Michael N. Christodolou, Presiding Independent Chairman of the Board
Richard W. Parod, President, Chief Executive Officer, Director
Randy A. Wood, President – Agricultural Irrigation Division
David B. Downing, Executive Vice President
Robert E. Brunner, Independent Director
Howard Graham Buffett, Independent Director
W. Thomas Jagodinski, Independent Director
Michael C. Nahl, Independent Director
David B. Rayburn, Independent Director

Who owns Lindsay stock?

Lindsay's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.44%), Vanguard Group Inc. (9.31%), Shapiro Capital Management LLC (9.29%), Royce & Associates LP (8.93%), Neuberger Berman Group LLC (7.46%) and Bank of New York Mellon Corp (4.50%). Company insiders that own Lindsay stock include Brian L Ketcham, David B Downing and Rick Parod. View Institutional Ownership Trends for Lindsay.

Who sold Lindsay stock? Who is selling Lindsay stock?

Lindsay's stock was sold by a variety of institutional investors in the last quarter, including Nuance Investments LLC, Royce & Associates LP, BlueCrest Capital Management Ltd, Zurcher Kantonalbank Zurich Cantonalbank, Great Lakes Advisors LLC, Morgan Stanley, Renaissance Technologies LLC and Goldman Sachs Group Inc.. Company insiders that have sold Lindsay stock in the last year include David B Downing and Rick Parod. View Insider Buying and Selling for Lindsay.

Who bought Lindsay stock? Who is buying Lindsay stock?

Lindsay's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Heartland Advisors Inc., Parametric Portfolio Associates LLC, Vanguard Group Inc., King Luther Capital Management Corp, State Street Corp, JPMorgan Chase & Co. and Dynamic Technology Lab Private Ltd. View Insider Buying and Selling for Lindsay.

How do I buy Lindsay stock?

Shares of Lindsay can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Lindsay's stock price today?

One share of Lindsay stock can currently be purchased for approximately $85.27.

MarketBeat Community Rating for Lindsay (NYSE LNN)

Community Ranking:		1.1 out of 5 ()
Outperform Votes:		48 (Vote Outperform)
Underperform Votes:		162 (Vote Underperform)
Total Votes:		210

MarketBeat's community ratings are surveys of what our community members think about Lindsay and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Consensus Ratings for Lindsay (NYSE:LNN) (?)

Ratings Breakdown:	2 Hold Ratings
Consensus Rating:	Hold (Score: 2.00)
Consensus Price Target:	$76.50 (10.28% downside)

Analysts' Ratings History for Lindsay (NYSE:LNN)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
4/2/2017	Stifel Nicolaus	Reiterated Rating	Hold	$75.00 -> $76.00	Low
11/28/2016	Piper Jaffray Companies	Upgrade	Underweight -> Neutral	$67.00 -> $77.00	N/A
5/24/2016	Seaport Global Securities	Initiated Coverage	Neutral	$67.00	N/A
4/14/2016	Sterne Agee CRT	Reiterated Rating	Neutral	$69.00	N/A
4/2/2016	Wedbush	Reiterated Rating	Hold		N/A
2/4/2016	Sidoti	Lower Price Target	Buy	$98.00 -> $93.00	N/A
9/14/2015	Monness Crespi & Hardt	Lower Price Target	Sell	$70.00 -> $62.00	N/A
6/26/2015	William Blair	Reiterated Rating	Market Perform		N/A

(Data available from 5/29/2015 forward)

Earnings History for Lindsay (NYSE:LNN)

Earnings by Quarter for Lindsay (NYSE:LNN)

Earnings History by Quarter for Lindsay (NYSE:LNN)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
6/28/2017
3/30/2017	Q2 2017	$0.40	$0.47	$119.12 million	$124.10 million	View	N/A
12/21/2016	Q117	$0.61	$0.08	$121.29 million	$110.39 million	View	N/A
10/13/2016	Q416	$0.44	$0.73	$113.38 million	$132.90 million	View	Listen
6/30/2016	Q316	$0.99	$0.90	$147.70 million	$141.32 million	View	Listen
3/31/2016	Q216	$0.56	($0.37)	$126.67 million	$120.57 million	View	Listen
12/23/2015	Q116	$0.55	$0.62	$130.41 million	$121.62 million	View	Listen
10/15/2015	Q415	$0.55	$0.42	$129.07 million	$123.50 million	View	Listen
6/25/2015	Q315	$0.76	$1.10	$151.68 million	$160.71 million	View	Listen
3/25/2015	Q215	$1.13	$0.75	$156.65 million	$141.10 million	View	N/A
1/6/2015	Q115	$0.76	$0.62	$140.08 million	$134.85 million	View	N/A
10/9/2014	Q414	$0.57	$0.89	$126.42 million	$147.52 million	View	N/A
6/25/2014	Q314	$1.43	$1.28	$184.29 million	$169.90 million	View	N/A
3/26/2014	Q214	$1.13	$1.04	$162.89 million	$152.80 million	View	N/A
1/2/2014	Q114	$0.89	$0.79	$142.19 million	$147.70 million	View	N/A
10/10/2013	Q413	$0.91	$0.81	$155.68 million	$148.40 million	View	N/A
6/26/2013	Q3 2013	$1.80	$2.01	$208.11 million	$219.50 million	View	N/A
3/27/2013	Q2 2013	$1.30	$1.50	$163.26 million	$175.50 million	View	N/A
1/8/2013	Q1 2013	$0.75	$1.15	$131.98 million	$147.40 million	View	N/A
10/17/2012		$0.75	$0.68			View	N/A
6/27/2012		$1.36	$1.47			View	N/A
3/28/2012		$0.81	$1.00			View	N/A
12/21/2011		$0.46	$0.23			View	N/A
3/30/2011		$0.71	$0.89			View	N/A
12/22/2010		$0.49	$0.34	$88.97 million	$89.20 million	View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Lindsay (NYSE:LNN)

2017 EPS Consensus Estimate: $2.52
2018 EPS Consensus Estimate: $2.45

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2017	3	$0.08	$0.68	$0.47
Q2 2017	4	$0.23	$1.16	$0.54
Q3 2017	3	$0.79	$1.04	$0.93
Q4 2017	3	$0.56	$0.59	$0.58
Q1 2018	1	$0.42	$0.42	$0.42
Q2 2018	1	$0.66	$0.66	$0.66
Q3 2018	1	$0.81	$0.81	$0.81
Q4 2018	1	$0.56	$0.56	$0.56

(Data provided by Zacks Investment Research)

Current Dividend Information for Lindsay (NYSE:LNN)

Next Dividend:	5/31/2017
Annual Dividend:	$1.16
Dividend Yield:	1.36%
Dividend Growth:	32.50% (3 Year Average)
Payout Ratio:	86.57% (Trailing 12 Months of Earnings) 53.46% (Based on This Year's Estimates) 38.80% (Based on Next Year's Estimates)
Track Record:	14 Years of Consecutive Dividend Growth

Dividend Payments by Quarter for Lindsay (NYSE:LNN)

Dividend History by Quarter for Lindsay (NYSE:LNN)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
4/28/2017	quarterly	$0.29	1.33%	5/15/2017	5/17/2017	5/31/2017
12/2/2016	quarterly	$0.29	1.36%	2/10/2017	2/14/2017	2/28/2017
9/23/2016	quarterly	$0.29	1.59%	11/14/2016	11/16/2016	11/30/2016
7/21/2016	quarterly	$0.29	1.7%	8/15/2016	8/17/2016	8/31/2016
5/2/2016	quarterly	$0.28	1.52%	5/13/2016	5/17/2016	5/31/2016
12/9/2015	quarterly	$0.28	1.62%	2/10/2016	2/15/2016	2/29/2016
9/25/2015	quarterly	$0.28	1.67%	11/12/2015	11/16/2015	11/30/2015
7/22/2015	quarterly	$0.28	1.27%	8/13/2015	8/17/2015	8/31/2015
4/30/2015	quarterly	$0.27	1.38%	5/13/2015	5/15/2015	5/29/2015
12/5/2014	quarterly	$0.27	1.23%	2/11/2015	2/13/2015	2/27/2015
9/25/2014	quarterly	$0.27	1.42%	11/12/2014	11/14/2014	11/28/2014
7/25/2014	quarterly	$0.27	1.29%	8/13/2014	8/15/2014	8/29/2014
5/5/2014	quarterly	$0.26	1.22%	5/14/2014	5/16/2014	5/30/2014
1/3/2014	quarterly	$0.26	1.25%	2/12/2014	2/14/2014	2/28/2014
10/2/2013	quarterly	$0.13	0.65%	11/13/2013	11/15/2013	11/29/2013
7/25/2013	quarterly	$0.13	0.69%	8/14/2013	8/16/2013	8/30/2013
5/3/2013	quarterly	$0.12	0.6%	5/15/2013	5/17/2013	5/31/2013
12/9/2012	quarterly	$0.12	0.61%	2/12/2013	2/14/2013	2/28/2013

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Lindsay (NYSE:LNN)

Insider Ownership Percentage: 3.10%

Institutional Ownership by Quarter for Lindsay (NYSE:LNN)

Insider Trades by Quarter for Lindsay (NYSE:LNN)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
4/6/2017	Rick Parod	Insider	Sell	40,241	$85.58	$3,443,824.78
4/3/2017	David B. Downing	Insider	Sell	5,000	$87.33	$436,650.00
5/12/2016	Brian L Ketcham	CFO	Buy	500	$69.39	$34,695.00
4/2/2014	Rick Parod	CEO	Sell	20,000	$86.45	$1,729,000.00
4/11/2013	Howard Buffett	Director	Sell	1,635	$82.20	$134,397.00

(Data available from 1/1/2013 forward)

Headline Trends for Lindsay (NYSE:LNN) Latest Headlines for Lindsay (NYSE:LNN)

Source:

Date	Headline
	Israel's Netafim draws interest from private equity, Chinese bidders finance.yahoo.com - May 26 at 7:08 PM
	AVINGER LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In Avinger, Inc. To Contact The Firm feeds.benzinga.com - May 23 at 7:46 PM
	Lindsay Corp. – Value Analysis (NYSE:LNN) : May 19, 2017 finance.yahoo.com - May 19 at 6:01 PM
	Lindsay Corp. breached its 50 day moving average in a Bearish Manner : LNN-US : May 18, 2017 finance.yahoo.com - May 19 at 10:51 AM
	Lindsay Corp. : LNN-US: Dividend Analysis : May 17th, 2017 (record date) : By the numbers : May 18, 2017 finance.yahoo.com - May 19 at 10:51 AM
	Brokerages Anticipate Lindsay Co. (LNN) Will Post Quarterly Sales of $144.81 Million www.americanbankingnews.com - May 6 at 7:56 AM
	$0.92 EPS Expected for Lindsay Co. (LNN) This Quarter www.americanbankingnews.com - May 4 at 8:32 PM
	Lindsay (LNN) Receives News Sentiment Rating of 0.06 www.americanbankingnews.com - May 3 at 5:02 PM
	Lindsay (LNN) Receiving Favorable Media Coverage, Report Finds www.americanbankingnews.com - April 30 at 8:26 AM
	Lindsay Co. Plans Quarterly Dividend of $0.29 (LNN) www.americanbankingnews.com - April 29 at 12:30 AM
	Lindsay Corporation Announces Quarterly Cash Dividend finance.yahoo.com - April 28 at 7:15 PM
	Lindsay (LNN) Earns Daily Media Impact Rating of 0.70 www.americanbankingnews.com - April 26 at 9:39 AM
	Lindsay (LNN) Receiving Very Favorable News Coverage, Analysis Shows www.americanbankingnews.com - April 20 at 11:57 AM
	Lindsay (LNN) Earning Somewhat Negative Press Coverage, AlphaOne Reports www.americanbankingnews.com - April 17 at 5:01 PM
	$144.81 Million in Sales Expected for Lindsay Co. (LNN) This Quarter www.americanbankingnews.com - April 15 at 8:18 AM
	Lindsay Co. (LNN) Expected to Post Earnings of $0.92 Per Share www.americanbankingnews.com - April 13 at 6:08 PM
	Lindsay (LNN) Receives News Sentiment Rating of 0.69 www.americanbankingnews.com - April 13 at 8:22 AM
	Stifel Nicolaus Reiterates Hold Rating for Lindsay Co. (LNN) www.americanbankingnews.com - April 9 at 10:00 AM
	ETFs with exposure to Lindsay Corp. : April 7, 2017 finance.yahoo.com - April 7 at 6:51 PM
	Lindsay Co. (LNN) Given Average Recommendation of "Hold" by Brokerages www.americanbankingnews.com - April 7 at 6:25 PM
	Lindsay Corp. :LNN-US: Earnings Analysis: Q2, 2017 By the Numbers : April 4, 2017 finance.yahoo.com - April 7 at 10:56 AM
	Lindsay Co. (LNN) Insider Rick Parod Sells 40,241 Shares www.americanbankingnews.com - April 6 at 10:54 PM
	Gabelli Research Analysts Lower Earnings Estimates for Lindsay Co. (LNN) www.americanbankingnews.com - April 5 at 3:04 PM
	Lindsay Co. (LNN) Upgraded to "B" at TheStreet www.americanbankingnews.com - April 5 at 9:01 AM
	Insider Selling: Lindsay Co. (LNN) Insider Sells 5,000 Shares of Stock www.americanbankingnews.com - April 4 at 8:37 PM
	Lindsay Co. to Post FY2018 Earnings of $2.98 Per Share, William Blair Forecasts (LNN) www.americanbankingnews.com - April 3 at 11:50 AM
	Gabelli Brokers Lower Earnings Estimates for Lindsay Co. (LNN) www.americanbankingnews.com - April 3 at 10:06 AM
	Brokers Set Expectations for Lindsay Co.'s Q3 2017 Earnings (LNN) www.americanbankingnews.com - April 3 at 9:51 AM
	Q3 2017 EPS Estimates for Lindsay Co. (LNN) Raised by Seaport Global Securities www.americanbankingnews.com - April 3 at 9:51 AM
	Lindsay Co. (LNN) Raised to "B" at TheStreet www.americanbankingnews.com - April 2 at 11:31 PM
	Lindsay's (LNN) "Hold" Rating Reaffirmed at Stifel Nicolaus www.americanbankingnews.com - April 2 at 10:31 PM
	Lindsay (LNN) Beats on Q2 Earnings, Revenue Estimates finance.yahoo.com - March 31 at 6:24 PM
	LINDSAY CORP Files SEC form 10-Q, Quarterly Report biz.yahoo.com - March 31 at 6:24 PM
	Research Analysts Issue Forecasts for Lindsay Co.'s Q1 2018 Earnings (LNN) www.americanbankingnews.com - March 31 at 1:05 PM
	Lindsay Corporation Reports Fiscal 2017 Second Quarter Results us.rd.yahoo.com - March 30 at 6:38 PM
	Lindsay tops Street 2Q forecasts us.rd.yahoo.com - March 30 at 6:38 PM
	Q2 2017 Lindsay Corp Earnings Release - Before Market Open us.rd.yahoo.com - March 30 at 6:38 PM
	Lindsay Co. (LNN) Announces Earnings Results www.americanbankingnews.com - March 30 at 9:49 AM
	Investor Network Invites You to the Lindsay Corporation Second Quarter 2017 Earnings Webcast Live on Thursday, March 30, 2017 finance.yahoo.com - March 29 at 6:53 PM
	Lindsay Co. (LNN) to Release Earnings on Thursday www.americanbankingnews.com - March 29 at 7:13 AM
	Lindsay to Report (LNN) Q4 Earnings: What's in the Cards? finance.yahoo.com - March 27 at 10:35 AM
	Investment Management Company With Significant Hidden Expenses www.forbes.com - March 21 at 4:25 PM
	Lindsay Corporation Announces Fiscal 2017 Second Quarter Earnings Conference Call and Webcast finance.yahoo.com - March 20 at 4:33 PM
	Restaurant Firm Exploits Accounting To Boost EPS www.forbes.com - March 8 at 2:02 PM
	LINDSAY CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligatio biz.yahoo.com - March 1 at 6:01 PM
	Market Much Too Pessimistic About Cigna's Future Financial Picture www.forbes.com - March 1 at 10:14 AM
	'The Bachelor' Franchise Casts Its First Black Lead With Rachel Lindsay www.forbes.com - February 13 at 10:25 PM
	Lindaay Corp. (LNN) CEO Rick Parod to Retire www.streetinsider.com - February 9 at 12:07 AM
	LINDSAY CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders biz.yahoo.com - February 8 at 7:05 PM
	Lindsay Chief Executive Officer, Rick Parod, Announces Intention to Retire finance.yahoo.com - February 8 at 7:05 PM