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

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$90.15 +4.22 (+4.91 %)
(As of 01/16/2019 04:00 PM ET)
Previous Close$85.93
Today's Range$85.71 - $90.34
52-Week Range$83.57 - $109.50
Volume125,000 shs
Average Volume131,400 shs
Market Capitalization$928.06 million
P/E Ratio30.66
Dividend Yield1.44%
Beta0.43
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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Industry, Sector and Symbol

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

Debt

Current Ratio3.92
Quick Ratio2.85

Price-To-Earnings

Sales & Book Value

Annual Sales$547.71 million
Price / Sales1.78
Cash Flow$4.7027 per share
Price / Cash Flow19.17
Book Value$25.65 per share
Price / Book3.51

Profitability

Net Income$20.27 million
Net Margins3.42%
Return on Assets6.37%

Miscellaneous

Employees1,412
Market Cap$928.06 million
OptionableOptionable

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 declared a quarterly dividend on Monday, January 7th. Stockholders of record on Thursday, February 14th will be given a dividend of $0.31 per share on Thursday, February 28th. This represents a $1.24 annualized dividend and a dividend yield of 1.38%. The ex-dividend date of this dividend is Wednesday, February 13th. View Lindsay's Dividend History.

How were Lindsay's earnings last quarter?

Lindsay Co. (NYSE:LNN) released its earnings results on Tuesday, January, 8th. The industrial products company reported $0.38 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.47 by $0.09. The industrial products company had revenue of $111.95 million for the quarter, compared to analysts' expectations of $113.57 million. Lindsay had a return on equity of 11.80% and a net margin of 3.42%. The firm's quarterly revenue was down 10.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.30 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, April 4th 2019. View Earnings Estimates for Lindsay.

What price target have analysts set for LNN?

5 equities research analysts have issued 12 month price targets for Lindsay's shares. Their predictions range from $70.00 to $132.00. On average, they anticipate Lindsay's stock price to reach $101.25 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price. View Analyst Price Targets for Lindsay.

What is the consensus analysts' recommendation for Lindsay?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lindsay in the last year. There are currently 1 sell rating, 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 remains focused to simplify its business in order to improve productivity. Lindsay’s infrastructure business continues to generate growth on the back of strong order activity, comprising the Alex Fraser Bridge and Road Zipper projects. The acquisition of Elecsys Corporation is a strategic addition to the company’s long-term goal of leading the market in advanced technologies for managing water-usage efficiency. However, its results will be hurt by a tough agricultural market in North America and fluctuating commodity prices. Also, elevated costs in connection with its Foundation for Growth performance improvement initiative, lower infrastructure spending and tariffs on steel prices remain major headwinds. Its estimates have undergone negative revisions lately. The company has a negative record of earnings surprises in the last few quarters. " (12/18/2018)
  • 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)

Has Lindsay been receiving favorable news coverage?

News headlines about LNN stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Lindsay earned a media sentiment score of -1.2 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the near future.

Who are some of Lindsay's key competitors?

Some companies that are related to Lindsay include Deere & Company (DE), AGCO (AGCO), Arcosa (ACA), Alamo Group (ALG) and Arts-Way Manufacturing (ARTW).

Who are Lindsay's key executives?

Lindsay's management team includes the folowing people:
  • Mr. Timothy L. Hassinger, Pres, CEO & Director (Age 56)
  • Mr. Brian L. Ketcham, VP & CFO (Age 57)
  • Mr. J. Scott Marion, Pres of Infrastructure Division (Age 50)
  • Mr. Randy A. Wood, Pres of Agricultural Irrigation Division (Age 46)
  • Mr. Gregory G. Oswald, VP of Global Operations (Age 54)

Who are Lindsay's major shareholders?

Lindsay's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Prentiss Smith & Co. Inc. (0.18%), Cardinal Capital Management (0.07%) and Louisiana State Employees Retirement System (0.04%). 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 Prentiss Smith & Co. Inc. and Louisiana State Employees Retirement System. View Insider Buying and Selling for Lindsay.

Which institutional investors are buying Lindsay stock?

LNN stock was purchased by a variety of institutional investors in the last quarter, including Cardinal Capital Management. 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 $90.15.

How big of a company is Lindsay?

Lindsay has a market capitalization of $928.06 million and generates $547.71 million in revenue each year. The industrial products company earns $20.27 million in net income (profit) each year or $2.94 on an earnings per share basis. Lindsay employs 1,412 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:  200 (Vote Outperform)
Underperform Votes:  339 (Vote Underperform)
Total Votes:  539
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 1/16/2019 by MarketBeat.com Staff

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