Lindsay (LNN) stock: positive sentiment, despite short-sellers' interest

1:00 am ET, 11 Oct 2018

Lindsay Corporation (LNN) shares are trading at $95.00, down 4%. The company is announcing its quarterly earnings results on Thursday before the market opens. What's driving LNN stock price? What's LNN stock price forecast?

Lindsay Corporation is a manufacturer of irrigation and infrastructure equipment. Lately, the stock has performed well: it generated a return of 14% for this year. The company recently completed the sale of Watertronics and LAKOS business. The sale was outlined in the company's "Foundation for Growth" initiative, which stressed the focus on the core business.

Investors are bullish on Lindsay because of the company’s focus on infrastructure, as well as growing road safety market. On the other hand, some investors worry about the slowing agriculture market in North America. Last quarter’s revenue rose 12% to $169.57 million and earnings per share came at $1.66 compared to $1.02 for the same period last year.

Fourth-quarter results will be released before market open on October 11, 2018. Analysts expect the company to earn $0.77 per share on revenue of $136.22 million. The company beat analysts’ estimates twice in the previous four quarters.

What is the sentiment towards the LNN stock? Our technical analysis shows that: 

  • The stock short-term sentiment (next 30 days) is positive;
  • The mid-term sentiment (3-6 months) is positive;
  • The long-term sentiment (9-12 months) is positive. 

Over the last month, Lindsay Corporation (LNN) returned +7.42%.Lindsay Corporation (LNN) forward P/E ratio is 25.85, and it's high compared to its industry peers' P/E ratio.

Lindsay Corporation (LNN) short share of float is 15.55%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock.

Lindsay Corporation (LNN) average analyst price target ($101.75) is 1.51% above its current price ($100.24).

For the latest price and information on Lindsay Corporation, please visit Finstead and search for "LNN price" or "LNN news".

Lindsay Corporation (LNN) Stock Guide

Updated at: 4:23 am ET, 18 Sep 2020

Before we start: if you're looking for LNN stock price, you can quickly find it out by visiting Finny and typing "LNN quote". If you're looking for a quick scoop on LNN stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "LNN". You'll get all this info in one place. Or you can just type "LNN news" to get the latest stock news.

Looking to buy or sell Lindsay Corporation (LNN)? Interested in getting the full scoop on LNN, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this LNN stock guide, we'll address key questions about LNN, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are LNN earnings?
2. What is LNN dividend?
3. What is LNN dividend yield?
4. What is LNN stock forecast (i.e., prediction)?
5. LNN buy or sell? What is LNN Finny Score?
6. What are the reasons to buy LNN? Why should I buy LNN stock?
7. What are the reasons to sell LNN? Why should I sell LNN stock?
8. What are LNN key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are LNN earnings?

LNN trailing 12-month earnings per share (EPS) is $2.35.

2. What is LNN dividend?

LNN forward dividend is $1.28.

3. What is LNN dividend yield?

LNN forward dividend yield is 1.28%.

Analyst Predictions

4. What is LNN stock forecast (i.e., prediction)?

Based on LNN analyst price targets, LNN stock forecast is $91.00 (for a year from now). That means the average analyst price target for LNN stock is $91.00. The prediction is based on 8 analyst estimates.

The low price target for LNN is $82.00, while the high price target is $100.00.

LNN analyst rating is Hold.

Analysis

5. LNN buy or sell? What is LNN Finny Score?

#{finnyScore:33}Our quantitative analysis shows 4 reasons to buy and 8 reasons to sell LNN, resulting in Finny Score of 33.

6. What are the reasons to buy LNN? Why should I buy LNN stock?

Here are the reasons to buy LNN stock:

  • LNN quarterly revenue growth was 1.70%, higher than the industry and sector average revenue growth (0.38% and 1.01%, respectively). See LNN revenue growth chart.
  • LNN forward dividend yield is 1.28%, higher than the industry (0.76%) and sector (0.49%) forward dividend yields. See LNN forward dividend chart.
  • LNN PEG ratio (P/E adjusted for growth) is 1.40, which is low compared to its industry peers’ PEG ratios. See LNN PEG chart.
  • LNN cash to debt ratio is 0.82, higher than the average industry (0.17) and sector (0.12) cash to debt ratio. See LNN cash to debt chart.

7. What are the reasons to sell LNN? Why should I sell LNN stock?

Let's look at the reasons to sell LNN stock (i.e., the bear case):

Key Stats

8. What are LNN key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for LNN:

Metrics LNN
Price $95.64
Average Price Target / Upside $91.00 / -4.85%
Average Analyst Rating Hold
Forward Dividend Yield 1.28%
Industry Farm & Construction Equipment
Sector Industrials
Number of Employees 1,412
Market Cap $1.1B
Forward P/E Ratio 35.74
Price/Book Ratio 2.45
Revenue (TTM) $448.17M
YoY Quarterly Revenue Growth 1.70%
Profit Margin 5.68%

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