William Blair Has Negative Estimate for Lindsay Q1 Earnings

Lindsay Co. (NYSE:LNN) – Stock analysts at William Blair lowered their Q1 2025 earnings per share (EPS) estimates for shares of Lindsay in a research note issued to investors on Thursday, October 24th. William Blair analyst B. Drab now forecasts that the industrial products company will post earnings per share of $1.36 for the quarter, down from their previous estimate of $1.44. The consensus estimate for Lindsay’s current full-year earnings is $5.44 per share. William Blair also issued estimates for Lindsay’s Q2 2025 earnings at $1.60 EPS, Q4 2025 earnings at $1.29 EPS and FY2026 earnings at $6.26 EPS.

Lindsay Stock Down 2.5 %

NYSE LNN opened at $118.08 on Monday. Lindsay has a 12 month low of $109.27 and a 12 month high of $135.05. The company has a market capitalization of $1.28 billion, a P/E ratio of 17.92 and a beta of 0.61. The company’s 50 day simple moving average is $120.81 and its 200 day simple moving average is $118.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 3.95 and a quick ratio of 2.56.

Lindsay (NYSE:LNN) last issued its quarterly earnings results on Thursday, October 24th. The industrial products company reported $1.17 EPS for the quarter, topping the consensus estimate of $1.01 by $0.16. Lindsay had a net margin of 11.75% and a return on equity of 14.41%. The firm had revenue of $155.00 million for the quarter, compared to analysts’ expectations of $145.37 million. During the same period in the previous year, the business earned $1.74 earnings per share. Lindsay’s revenue for the quarter was down 7.2% compared to the same quarter last year.

Institutional Investors Weigh In On Lindsay

Institutional investors and hedge funds have recently modified their holdings of the stock. US Bancorp DE increased its stake in Lindsay by 45.9% in the 3rd quarter. US Bancorp DE now owns 267 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 84 shares in the last quarter. CWM LLC increased its position in shares of Lindsay by 16.8% in the third quarter. CWM LLC now owns 638 shares of the industrial products company’s stock worth $80,000 after acquiring an additional 92 shares in the last quarter. EntryPoint Capital LLC acquired a new stake in shares of Lindsay during the first quarter valued at approximately $145,000. Quantbot Technologies LP purchased a new stake in shares of Lindsay in the 1st quarter valued at approximately $239,000. Finally, Intech Investment Management LLC acquired a new position in Lindsay in the 2nd quarter worth approximately $241,000. 89.94% of the stock is owned by institutional investors and hedge funds.

Lindsay Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a $0.36 dividend. The ex-dividend date is Friday, November 15th. This represents a $1.44 annualized dividend and a dividend yield of 1.22%. Lindsay’s dividend payout ratio is currently 21.85%.

Lindsay Company Profile

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 monitoring and control systems.