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

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$99.12 +0.06 (+0.06 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$99.12
Today's Range$98.43 - $100.11
52-Week Range$83.57 - $103.03
Volume150,212 shs
Average Volume56,008 shs
Market Capitalization$1.06 billion
P/E Ratio45.68
Dividend Yield1.25%
Beta0.34
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 Ratio45.68
Forward P/E Ratio30.04
P/E Growth1.54

Sales & Book Value

Annual Sales$517.98 million
Price / Sales2.05
Cash Flow$3.7390 per share
Price / Cash26.51
Book Value$25.33 per share
Price / Book3.91

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$1.06 billion

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 paid a dividend of $0.31 per share on Friday, August 31st. This represents a $1.24 annualized dividend and a yield of 1.25%. The ex-dividend date is Thursday, August 16th. This is a positive change 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 Thomson Reuters' consensus estimate of $1.39 by $0.27. The industrial products company had revenue of $169.60 million for the quarter, compared to the consensus estimate of $167.57 million. Lindsay had a return on equity of 12.26% and a net margin of 3.89%. Lindsay's revenue was up 11.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.02 earnings per share. 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 brokers have issued twelve-month price objectives for Lindsay's shares. Their forecasts range from $70.00 to $91.00. On average, they expect Lindsay's stock price to reach $80.50 in the next twelve months. This suggests that the stock has a possible downside of 18.8%. 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 1 sell rating, 2 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 poised to gain from focus on growth objectives, business simplification and capital-allocation plan. It expects to achieve operating margin performance between 11% and 12% in fiscal 2020. Lindsay recently completed the sale of its Watertronics and LAKOS businesses in line with the Foundation for Growth initiative. The divestment will simplify its business and help focus on core commercial irrigation and infrastructure sector. Its irrigation business will benefit from FieldNET Advisor. In addition, the U.S. tax reform will drive earnings. However, Lindsay’s results will be hurt by a tough agricultural market in North America. Also, elevated costs, lower infrastructure spending and tariffs on steel prices remain major headwinds. Moreover, the stock has underperformed the industry over the past year." (9/19/2018)
  • 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)

Who are Lindsay's major shareholders?

Lindsay's stock is owned by many different of institutional and retail investors. Top institutional investors 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 Bank of New York Mellon Corp (3.42%). Company insiders that own Lindsay stock include Bill Welsh, David B Downing, Michael Nahl and Rick Parod. View Institutional Ownership Trends for Lindsay.

Which institutional 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, Bank of New York Mellon Corp, Prentiss Smith & Co. Inc., King Luther Capital Management Corp, Stephens Investment Management Group LLC and Pinebridge Investments L.P.. 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 institutional investors are buying Lindsay stock?

LNN stock was acquired 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 $99.12.

How big of a company is Lindsay?

Lindsay has a market capitalization of $1.06 billion 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.

What is Lindsay's official website?

The official website for Lindsay is http://www.lindsay.com.

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:  193 (Vote Outperform)
Underperform Votes:  321 (Vote Underperform)
Total Votes:  514
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 9/22/2018 by MarketBeat.com Staff

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