ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.
Lindsay Corporation

Lindsay Corporation (LNN)

118.11
0.75
(0.64%)
Closed March 27 04:00PM
118.11
0.00
( 0.00% )
Pre Market: 06:32AM

Unlock more advanced trading tools

Join ADVFN today

Key stats and details

Current Price
118.11
Bid
-
Ask
-
Volume
-
0.00 Day's Range 0.00
106.46 52 Week Range 152.23
Market Cap
Previous Close
118.11
Open
-
Last Trade
Last Trade Time
-
Financial Volume
-
VWAP
-
Average Volume (3m)
80,436
Shares Outstanding
11,030,936
Dividend Yield
1.18%
PE Ratio
18.00
Earnings Per Share (EPS)
6.56
Revenue
674.08M
Net Profit
72.38M

About Lindsay Corporation

Lindsay Corp provides a variety of proprietary water management and road infrastructure products and services. It has operations which are categorized into two major reporting segments namely Irrigation, and Infrastructure. The company generates maximum revenue from Irrigation segment. Its Irrigatio... Lindsay Corp provides a variety of proprietary water management and road infrastructure products and services. It has operations which are categorized into two major reporting segments namely Irrigation, and Infrastructure. The company generates maximum revenue from Irrigation segment. Its Irrigation segment includes the manufacture and marketing of center pivot, lateral move, and hose reel irrigation systems, as well as various innovative technology solutions such as GPS positioning and guidance, variable rate irrigation, wireless irrigation management, M2M communication technology, and smartphone applications. Geographically, it derives a majority of revenue from the United States. Show more

Sector
Farm Machinery And Equipment
Industry
Farm Machinery And Equipment
Website
Headquarters
Wilmington, Delaware, USA
Founded
1970
Lindsay Corporation is listed in the Farm Machinery And Equipment sector of the New York Stock Exchange with ticker LNN. The last closing price for Lindsay was $118.11. Over the last year, Lindsay shares have traded in a share price range of $ 106.46 to $ 152.23.

Lindsay currently has 11,030,936 shares outstanding. The market capitalization of Lindsay is $1.30 billion. Lindsay has a price to earnings ratio (PE ratio) of 18.00.

LNN Latest News

Lindsay Corporation Announces Second Quarter Fiscal 2024 Earnings Conference Call and Webcast

Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced it plans to release financial results for...

Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend]

    UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 (Amendment No. 14)*  ...

Lindsay to Invest Over $50M to Expand, Modernize Manufacturing Facility

Lindsay to Invest Over $50M to Expand, Modernize Manufacturing Facility PR Newswire OMAHA, Neb., Jan. 17, 2024 Upgrades will improve efficiency, enhance product quality and achieve best-in-class...

Form 8-K - Current report

false000083615700008361572024-01-092024-01-09   UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWASHINGTON, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section...

Lindsay Corporation Announces Quarterly Cash Dividend

Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, announced today that its Board of Directors has declared...

Form 4 - Statement of changes in beneficial ownership of securities

SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPFiled pursuant to Section 16(a) of the Securities Exchange...

Form 4 - Statement of changes in beneficial ownership of securities

SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPFiled pursuant to Section 16(a) of the Securities Exchange...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
13.653.18888694741114.46118.59112.5969490115.7989743CS
4-4.71-3.83488031265122.82123.255111.5289286116.36082785CS
12-3.73-3.06139198949121.84135.05111.5280436123.88095887CS
260.440.373927084219117.67137.3099106.4690655123.84324662CS
52-28.2-19.2741439409146.31152.23106.4688470124.44277999CS
156-46.09-28.0694275274164.2183.08106.4670679140.39285742CS
26022.3523.339598997595.76183.0871.8675159123.03870768CS

Market Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
AVTXAvalo Therapeutics Inc
$ 20.87
(339.37%)
1.22M
XLOXilio Therapeutics Inc
$ 2.03
(217.68%)
2.85M
BCGBinah Capital Group Inc
$ 18.65
(96.32%)
169.08k
PIKKidpik Corporation
$ 5.23
(59.94%)
1.84M
PEGRProject Energy Reimagined Acquisition Corporation
$ 11.58
(33.72%)
353
NCNANuCana PLC
$ 0.2452
(-20.04%)
55.97k
WAVDWaveDancer Inc
$ 2.93
(-18.61%)
10
INOInovio Pharmaceuticals Inc New
$ 10.65
(-18.27%)
99
UGROUrban Gro Inc
$ 1.50
(-17.36%)
766
WETHWetouch Technology Inc
$ 1.87
(-17.26%)
4.19k
KTRAKintara Therapeutics Inc
$ 0.1121
(25.25%)
13.81M
AKBAAkebia Therapeutics Inc
$ 2.73
(21.88%)
6.7M
CISSC3is Inc
$ 0.0334
(-12.57%)
5.38M
GMDAGamida Cell Ltd
$ 0.0498
(-15.88%)
3.32M
XLOXilio Therapeutics Inc
$ 1.99
(211.42%)
2.87M

LNN Discussion

View Posts
whytestocks whytestocks 5 years ago
News: $LNN Lindsay Corporation Reports Fiscal 2019 Third Quarter Results

North America irrigation equipment demand remained constrained during the quarter Infrastructure revenue and results were lower in comparison to strong prior year performance Outlook for both irrigation and infrastructure showing signs of improvement Lindsay Corporation (NYSE...

Got this from Lindsay Corporation Reports Fiscal 2019 Third Quarter Results
👍️0
31set 31set 9 years ago
econ1: Lindsay closed at a price of $83.72 yesterday. I have a small position that I acquired over a year ago around $75.00. I am considering adding to the position, but perhaps not just yet. Here is how LNN stacks up against my criteria:

(1) Small Cap - LNN has a market capitalization of $1B.
(2) Low Debt - The company has no long term debt and a quick ratio of 2.6.
(3) Sustainable Products - Water is an increasingly precious resource. If you believe global warming theories, drought may become increasingly common creating growing demand for irrigation equipment. Road infrastructure should continue to be in demand. (Wish I'd invested at the beginning with whatever company first came out with all those endless orange cones in construction zones everywhere! They sure sold a few of those!)
(4) Little Government Influence - In some drought prone high population areas governments may take water rights away from agriculture. Still, there are growing numbers of people on the planet and no one is going to willingly quit eating. Food has to be grown somewhere.
(5) Low or Reasonable PE and PEG ratios - The PE at yesterday's closing price was 20.94. The yield adjusted PEG ratio for LNN is 0.99 based on the average of the 3, 4 & 5 year historical eps growth rates. The PE is somewhat higher than I like. The PEG ratio is OK.
(6) Decent & Growing Dividends - The dividend is 1.29% which I consider quite low. The company doubled the dividend in February 2014 and raised it another 3.8% in August 2014. Doubling is good!
(7) Positive Recent Information - Quite a spotty record here. The company's fortunes tend to follow the agricultural industry. Earnings have been substantially lower in the past year due to low crop prices. The company also sold an irrigation system in Iraq, which has only partially been installed due to the wars going on there. The company has not been able to complete the Iraq project, which could result in a charge-off at some point. The company expects slow sales in the irrigation division until crop prices improve. The infrastructure division is doing well. On 10-9-14 Lindsay reported better than expected earnings due to higher irrigation sales as a result of storm damage. This may only be a one time factor, but took the market by surprise.

NOTE: Others have a very negative view on Lindsay's stock. As of 10-15-14 over 42% of the stock's float was held short. Maybe they are all right and I'm wrong, but if really good news comes out there could be a truly explosive price rally. I don't see any catalyst at this time to get the price moving up. However, crop prices are now very low due to very favorable weather patterns and abundant harvests this year. I doubt crop prices will drop a whole lot farther, so the bad news should be mostly in the stock price already. Sooner or later a year will come along when weather conditions cause those prices to spike again. LNN is likely to soar with them. I am willing to wait. I might add to my position by early next year. I notice grain futures rallied starting in February this year, although the good weather ultimately caused them to collapse as summer went on. Perhaps a seasonal pattern?
👍️0

Your Recent History

Delayed Upgrade Clock