Lindsay Corporation (LNN)

NYSE: LNN · IEX Real-Time Price · USD
118.84
+0.72 (0.61%)
Mar 28, 2024, 1:11 PM EDT - Market open

Total Valuation

Lindsay has a market cap or net worth of $1.30 billion. The enterprise value is $1.26 billion.

Market Cap 1.30B
Enterprise Value 1.26B

Important Dates

The next confirmed earnings date is Thursday, April 4, 2024, before market open.

Earnings Date Apr 4, 2024
Ex-Dividend Date Feb 14, 2024

Share Statistics

Lindsay has 11.03 million shares outstanding. The number of shares has decreased by -0.13% in one year.

Shares Outstanding 11.03M
Shares Change (YoY) -0.13%
Shares Change (QoQ) n/a
Owned by Insiders (%) 0.86%
Owned by Institutions (%) 98.88%
Float 10.94M

Valuation Ratios

The trailing PE ratio is 18.87 and the forward PE ratio is 20.23. Lindsay's PEG ratio is 1.89.

PE Ratio 18.87
Forward PE 20.23
PS Ratio 1.98
Forward PS 1.91
PB Ratio 2.79
P/FCF Ratio 11.33
PEG Ratio 1.89
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.43, with an EV/FCF ratio of 10.96.

EV / Earnings 18.22
EV / Sales 1.91
EV / EBITDA 10.43
EV / EBIT 12.46
EV / FCF 10.96

Financial Position

The company has a current ratio of 3.53, with a Debt / Equity ratio of 0.29.

Current Ratio 3.53
Quick Ratio 2.24
Debt / Equity 0.29
Debt / EBITDA 1.10
Debt / FCF 1.16
Interest Coverage 26.92

Financial Efficiency

Return on equity (ROE) is 15.50% and return on invested capital (ROIC) is 11.68%.

Return on Equity (ROE) 15.50%
Return on Assets (ROA) 9.40%
Return on Capital (ROIC) 11.68%
Revenue Per Employee $545,313
Profits Per Employee $57,222
Employee Count 1,209
Asset Turnover 0.90
Inventory Turnover 2.55

Taxes

In the past 12 months, Lindsay has paid $28.18 million in taxes.

Income Tax 28.18M
Effective Tax Rate 28.95%

Stock Price Statistics

The stock price has decreased by -20.16% in the last 52 weeks. The beta is 0.61, so Lindsay's price volatility has been lower than the market average.

Beta (1Y) 0.61
52-Week Price Change -20.16%
50-Day Moving Average 123.10
200-Day Moving Average 123.64
Relative Strength Index (RSI) 52.07
Average Volume (30 Days) 81,314

Short Selling Information

The latest short interest is 387,542, so 3.51% of the outstanding shares have been sold short.

Short Interest 387,542
Short Previous Month 340,516
Short % of Shares Out 3.51%
Short % of Float 3.54%
Short Ratio (days to cover) 5.63

Income Statement

In the last 12 months, Lindsay had revenue of $659.28 million and earned $69.18 million in profits. Earnings per share was $6.26.

Revenue 659.28M
Gross Profit 209.90M
Operating Income 98.66M
Pretax Income 97.37M
Net Income 69.18M
EBITDA 120.84M
EBIT 101.12M
Earnings Per Share (EPS) $6.26
Full Income Statement

Balance Sheet

The company has $175.66 million in cash and $133.09 million in debt, giving a net cash position of $42.57 million or $3.86 per share.

Cash & Cash Equivalents 175.66M
Total Debt 133.09M
Net Cash 42.57M
Net Cash Per Share $3.86
Equity / Book Value 466.86M
Book Value Per Share 42.32
Working Capital 359.33M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $136.90 million and capital expenditures -$21.92 million, giving a free cash flow of $114.98 million.

Operating Cash Flow 136.90M
Capital Expenditures -21.92M
Free Cash Flow 114.98M
FCF Per Share $10.44
Full Cash Flow Statement

Margins

Gross margin is 31.84%, with operating and profit margins of 14.96% and 10.49%.

Gross Margin 31.84%
Operating Margin 14.96%
Pretax Margin 14.77%
Profit Margin 10.49%
EBITDA Margin 18.33%
EBIT Margin 15.34%
FCF Margin 17.44%

Dividends & Yields

This stock pays an annual dividend of $1.40, which amounts to a dividend yield of 1.18%.

Dividend Per Share $1.40
Dividend Yield 1.18%
Dividend Growth (YoY) 2.96%
Years of Dividend Growth 21
Payout Ratio 22.36%
Buyback Yield 0.13%
Shareholder Yield 1.31%
Earnings Yield 5.31%
FCF Yield 8.83%
Dividend Details

Analyst Forecast

The average price target for Lindsay is $136.00, which is 14.74% higher than the current price. The consensus rating is "Buy".

Price Target $136.00
Price Target Difference 14.74%
Analyst Consensus Buy
Analyst Count 2
Revenue Growth Forecast (5Y) 5.65%
EPS Growth Forecast (5Y) 7.16%
Stock Forecasts

Stock Splits

The last stock split was on June 16, 1998. It was a forward split with a ratio of 3:2.

Last Split Date Jun 16, 1998
Split Type Forward
Split Ratio 3:2

Scores

Lindsay has an Altman Z-Score of 5.68 and a Piotroski F-Score of 7.

Altman Z-Score 5.68
Piotroski F-Score 7