Lindsay Corporation (LNN)

Market Cap	1.29B
Revenue (ttm)	644.56M
Net Income (ttm)	69.25M
Shares Out	11.04M
EPS (ttm)	6.27
PE Ratio	18.58
Forward PE	21.68
Dividend	$1.40 (1.20%)
Ex-Dividend Date	May 16, 2024

Volume	123,507
Open	113.03
Previous Close	112.81
Day's Range	113.03 - 116.97
52-Week Range	106.46 - 137.31
Beta	0.63
Analysts	Strong Buy
Price Target	138.00 (+18.45%)
Earnings Date	Apr 4, 2024

About LNN

Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. It 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 brand; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote mon...

• Industry: Farm & Heavy Construction Machinery
• Sector: Industrials
• IPO Date: Oct 12, 1988
• Employees: 1,209
• Stock Exchange: NYSE
• Ticker Symbol: LNN

Financial Performance

In 2023, Lindsay's revenue was $674.08 million, a decrease of -12.54% compared to the previous year's $770.74 million. Earnings were $72.38 million, an increase of 10.55%.

Analyst Forecast

According to 3 analysts, the average rating for LNN stock is "Strong Buy." The 12-month stock price forecast is $138.0, which is an increase of 18.45% from the latest price.

Price Target

$138.0

(18.45% upside)

Analyst Consensus: Strong Buy