Lindsay Corporation (LNN)

NYSE: LNN · IEX Real-Time Price · USD
138.93
+6.11 (4.60%)
Jul 1, 2022 4:00 PM EDT - Market closed
4.60%
Market Cap 1.53B
Revenue (ttm) 734.20M
Net Income (ttm) 53.34M
Shares Out 10.98M
EPS (ttm) 4.18
PE Ratio 33.24
Forward PE 23.92
Dividend $1.32 (0.95%)
Ex-Dividend Date May 16, 2022
Volume 87,804
Open 134.26
Previous Close 132.82
Day's Range 134.26 - 140.25
52-Week Range 116.77 - 179.27
Beta 0.53
Analysts Buy
Price Target 162.18 (+16.7%)
Earnings Date Jun 30, 2022

About LNN

Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. The company operates in two segments, Irrigation and Infrastructure. The 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 moistur... [Read more...]

Industry Machinery
IPO Date Oct 12, 1988
CEO Timothy Hassinger
Employees 1,235
Stock Exchange NYSE
Ticker Symbol LNN
Full Company Profile

Financial Performance

In 2021, Lindsay's revenue was $567.65 million, an increase of 19.58% compared to the previous year's $474.69 million. Earnings were $42.57 million, an increase of 10.21%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for LNN stock is "Buy." The 12-month stock price forecast is 162.18, which is an increase of 16.74% from the latest price.

Price Target
$162.18
(16.74% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Lindsay (LNN) Earnings & Sales Beat Estimates in Q3, Up Y/Y

Lindsay (LNN) delivered year-on-year improvement in third-quarter fiscal 2022 revenues driven by improved performances at both the irrigation and infrastructure segments.

Lindsay Corporation Increases Quarterly Cash Dividend

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, announced today that its Board of ...

Lindsay Shares Gain After Beating Q3 Earnings Expectation

Lindsay Corp (NYSE: LNN) reported third-quarter FY22 operating revenue growth of 32% year-over-year to $214.3 million, beating the consensus of $188.95 million. EPS improved to $2.28 from $1.61 in 3Q21,...

Lindsay (LNN) Q3 Earnings and Revenues Surpass Estimates

Lindsay (LNN) delivered earnings and revenue surprises of 45.22% and 15.28%, respectively, for the quarter ended May 2022. Do the numbers hold clues to what lies ahead for the stock?

Lindsay Corporation Reports Fiscal 2022 Third Quarter Results

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced results for its th...

Analysts Estimate Lindsay (LNN) to Report a Decline in Earnings: What to Look Out for

Lindsay (LNN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Lindsay Corporation Announces Fiscal 2022 Third Quarter Earnings Conference Call and Webcast

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced it plans to releas...

LLR Partners Forms AgTech Leader AdeptAg with the Combination of AgriNomix and Zwart

PHILADELPHIA, Pa. & OBERLIN, Ohio & BEAMSVILLE, Ontario--(BUSINESS WIRE)---- $LNN #CEA--LLR invested in AgriNomix and Zwart, two Controlled Environment Agriculture (CEA) automation leaders that will now...

Why Is Lindsay (LNN) Down 4.2% Since Last Earnings Report?

Lindsay (LNN) reported earnings 30 days ago. What's next for the stock?

4 Farm Equipment Stocks to Watch Amid Industry Challenges

While demand in the Zacks Manufacturing - Farm Equipment industry will be supported by higher commodity prices, supply chain issues and high costs remain headwinds. Stocks like DE, AGCO, LNN and TWI are...

Other symbols: AGCODETWI

Lindsay (LNN) Earnings & Sales Beat Estimates in Q2, Up Y/Y

Lindsay's (LNN) Q2 results reflect strong irrigation equipment demand. However, escalating raw material costs and supply chain challenges continue to dent margins.

Lindsay Corporation Announces Quarterly Dividend

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, announced today that its Board of ...

Lindsay (LNN) Beats Q2 Earnings and Revenue Estimates

Lindsay (LNN) delivered earnings and revenue surprises of 0.76% and 9.96%, respectively, for the quarter ended February 2022. Do the numbers hold clues to what lies ahead for the stock?

Lindsay Corporation Reports Fiscal 2022 Second Quarter Results

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced results for its se...

Lindsay (LNN) Inks Deal With Blyncsy to Enhance Road Safety

Lindsay's RoadConnect remote roadside asset management platform and Blyncsy's Payver technology will deliver technology solutions for smarter, safer and more efficient roadways.

Lindsay Announces Strategic Partnership with Blyncsy

Lindsay and Blyncsy partner to accelerate connected roadway insights powered by artificial intelligence and machine learning OMAHA, Neb. , March 23, 2022 /PRNewswire/ -- Lindsay Corporation (NYSE: LNN),...

Lindsay Corporation Announces Fiscal 2022 Second Quarter Earnings Conference Call and Webcast

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced it plans to releas...

Lindsay (LNN) Bets on Irrigation Demand Amid Cost Woes

Lindsay (LNN) is well-poised on improving agricultural commodity prices that will drive farm income and, thereby, demand for irrigation equipment. High costs are anticipated to dent near-term margins.

Lindsay Corporation to Present at the 32nd Annual Gabelli Pump, Valve & Water Systems Conference

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, announced today that Randy Wood, P...

Lindsay (LNN) Rides on Irrigation Demand Amid Cost Woes

Lindsay (LNN) is well-poised on improving agricultural commodity prices that will drive farm income and thereby demand for irrigation equipment. High costs are anticipated to dent near-term margins.

Lindsay (LNN) Earnings & Sales Beat Estimates in Q1, Up Y/Y

Lindsay's (LNN) Q1 results reflect strong irrigation equipment demand. However, inflated raw material costs and supply chain challenges continue to dent margin.

Lindsay Q1 Revenue Beats Street View, Clocks 53% Growth

Lindsay Corp (NYSE: LNN) reported first-quarter FY22 operating revenue growth of 53.2% year-over-year to $166.15 million, beating the consensus of $140.41 million. EPS was $0.72 versus $0.65 last year.

Lindsay (LNN) Q1 Earnings and Revenues Top Estimates

Lindsay (LNN) delivered earnings and revenue surprises of 43.04% and 16.09%, respectively, for the quarter ended November 2021. Do the numbers hold clues to what lies ahead for the stock?

Lindsay Corporation Reports Fiscal 2022 First Quarter Results

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced results for its fi...

Lindsay (LNN) to Report Q1 Results: What's in the Offing?

Lindsay's (LNN) Q1 performance is likely to reflect increased farm equipment demand. However, delays in road construction and surging raw material prices might have been a headwind.