NYSE:LNN - Lindsay Stock Price, News, & Analysis

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$91.32 +0.74 (+0.82 %)
(As of 08/19/2018 04:00 PM ET)
Previous Close$91.32
Today's Range$90.19 - $91.71
52-Week Range$83.57 - $103.03
Volume42,793 shs
Average Volume86,108 shs
Market Capitalization$950.34 million
P/E Ratio42.08
Dividend Yield1.33%
Beta0.32
Lindsay logoLindsay 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; water pumping stations and controls for agriculture, golf, landscape, and municipal markets under the Watertronics brand; filtration solutions for groundwater, agriculture, industrial, and heat transfer markets under the LAKOS brand; 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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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Farm machinery & equipment
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorIndustrial Products
SymbolNYSE:LNN
CUSIP53555510
Phone402-829-6800

Debt

Debt-to-Equity Ratio0.42
Current Ratio3.55
Quick Ratio2.71

Price-To-Earnings

Trailing P/E Ratio42.08
Forward P/E Ratio27.51
P/E Growth1.49

Sales & Book Value

Annual Sales$517.98 million
Price / Sales1.89
Cash Flow$3.8499 per share
Price / Cash23.72
Book Value$25.33 per share
Price / Book3.61

Profitability

EPS (Most Recent Fiscal Year)$2.17
Net Income$23.17 million
Net Margins3.89%
Return on Equity12.26%
Return on Assets6.51%

Miscellaneous

Employees1,410
Outstanding Shares10,720,000
Market Cap$950.34 million

Lindsay (NYSE:LNN) Frequently Asked Questions

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 announced a quarterly dividend on Wednesday, June 27th. Shareholders of record on Friday, August 17th will be given a dividend of $0.31 per share on Friday, August 31st. This represents a $1.24 annualized dividend and a yield of 1.36%. The ex-dividend date is Thursday, August 16th. This is an increase from Lindsay's previous quarterly dividend of $0.30. View Lindsay's Dividend History.

How were Lindsay's earnings last quarter?

Lindsay Co. (NYSE:LNN) announced its quarterly earnings results on Thursday, June, 28th. The industrial products company reported $1.66 EPS for the quarter, beating the Zacks' consensus estimate of $1.39 by $0.27. The industrial products company earned $169.60 million during the quarter, compared to analyst estimates of $167.57 million. Lindsay had a return on equity of 12.26% and a net margin of 3.89%. The company's revenue was up 11.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.02 EPS. View Lindsay's Earnings History.

When is Lindsay's next earnings date?

Lindsay is scheduled to release their next quarterly earnings announcement on Thursday, October, 11th 2018. View Earnings Estimates for Lindsay.

What price target have analysts set for LNN?

4 equities research analysts have issued 1 year target prices for Lindsay's shares. Their forecasts range from $80.00 to $94.00. On average, they anticipate Lindsay's share price to reach $87.00 in the next year. This suggests that the stock has a possible downside of 4.7%. View Analyst Price Targets for Lindsay.

What is the consensus analysts' recommendation for Lindsay?

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

What are Wall Street analysts saying about Lindsay stock?

Here are some recent quotes from research analysts about Lindsay stock:
  • 1. According to Zacks Investment Research, "Lindsay is expected to gain from its focus on growth objectives, expansion of technology products and strong order backlog. Lindsay’s major orders comprise the installation of Road Zipper system on the Richmond-San Rafael Bridge, follow-on orders in Japan and Alex Fraser Bridge project. Its irrigation business will benefit from FieldNET Advisor. In addition, the U.S. tax reform will have a beneficial impact on earnings. Its estimates have remained stable over the past 30 days. The company has mixed record of earnings surprises in recent quarters. Moreover, the stock has outperformed the industry over the past month. However, Lindsay’s results will be hurt by a tough agricultural market in North America. Elevated costs, lower infrastructure spending and tariffs on steel prices remain major headwinds." (6/4/2018)
  • 2. Boenning Scattergood analysts commented, "We upgrade LNN shares to Outperform from Neutral, with our $132 target price representing a multiple of 24 times (in-line with the water infrastructure peer group average) normalized EPS." (3/29/2018)

Who are some of Lindsay's key competitors?

Who are Lindsay's key executives?

Lindsay's management team includes the folowing people:
  • Mr. Brian L. Ketcham, VP & CFO (Age 57)
  • Mr. Randy A. Wood, Pres of Agricultural Irrigation Division (Age 46)
  • Mr. David B. Downing, Non-Exec. Officer (Age 63)
  • Mr. Timothy L. Hassinger, Pres, CEO & Director (Age 56)
  • Ms. Lori L. Zarkowski, Chief Accounting Officer (Age 43)

Has Lindsay been receiving favorable news coverage?

Media coverage about LNN stock has trended somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Lindsay earned a news and rumor sentiment score of 0.13 on Accern's scale. They also gave headlines about the industrial products company an impact score of 46.75 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Lindsay.

Who are Lindsay's major shareholders?

Lindsay's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.06%), Royce & Associates LP (8.80%), Renaissance Technologies LLC (4.36%), Voya Investment Management LLC (3.46%), Bank of New York Mellon Corp (3.42%) and Dimensional Fund Advisors LP (3.13%). Company insiders that own Lindsay stock include Bill Welsh, David B Downing, Michael Nahl and Rick Parod. 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 Nuance Investments LLC, Royce & Associates LP, Bank of New York Mellon Corp, Prentiss Smith & Co. Inc., King Luther Capital Management Corp, Stephens Investment Management Group LLC, Pinebridge Investments L.P. and Russell Investments Group Ltd.. Company insiders that have sold Lindsay company stock in the last year include Bill Welsh, David B Downing and Michael Nahl. View Insider Buying and Selling for Lindsay.

Which major investors are buying Lindsay stock?

LNN stock was bought by a variety of institutional investors in the last quarter, including Rice Hall James & Associates LLC, BlackRock Inc., Advisors Asset Management Inc., State of Wisconsin Investment Board, Dynamic Technology Lab Private Ltd, Trexquant Investment LP, Renaissance Technologies LLC and Tiverton Asset Management LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Lindsay's stock price today?

One share of LNN stock can currently be purchased for approximately $91.32.

How big of a company is Lindsay?

Lindsay has a market capitalization of $950.34 million and generates $517.98 million in revenue each year. The industrial products company earns $23.17 million in net income (profit) each year or $2.17 on an earnings per share basis. Lindsay employs 1,410 workers across the globe.

How can I contact Lindsay?

Lindsay's mailing address is 2222 N. 111th Street, Omaha NE, 68164. The industrial products company can be reached via phone at 402-829-6800.


MarketBeat Community Rating for Lindsay (NYSE LNN)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  188 (Vote Outperform)
Underperform Votes:  308 (Vote Underperform)
Total Votes:  496
MarketBeat's community ratings are surveys of what our community members think about Lindsay and other stocks. Vote "Outperform" if you believe LNN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LNN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/19/2018 by MarketBeat.com Staff

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