FY2025 Earnings Forecast for Lindsay Issued By William Blair

Lindsay Co. (NYSE:LNN) – Research analysts at William Blair upped their FY2025 earnings estimates for Lindsay in a report issued on Wednesday, January 8th. William Blair analyst B. Drab now expects that the industrial products company will post earnings of $6.02 per share for the year, up from their previous forecast of $5.81. The consensus estimate for Lindsay’s current full-year earnings is $5.64 per share. William Blair also issued estimates for Lindsay’s FY2026 earnings at $6.50 EPS.

LNN has been the subject of several other research reports. Stifel Nicolaus boosted their price objective on shares of Lindsay from $126.00 to $130.00 and gave the stock a “hold” rating in a research note on Wednesday. StockNews.com raised Lindsay from a “hold” rating to a “buy” rating in a research report on Tuesday.

Lindsay Price Performance

NYSE LNN opened at $122.92 on Thursday. The company has a market cap of $1.33 billion, a PE ratio of 20.42 and a beta of 0.66. The firm’s 50 day moving average price is $125.69 and its 200-day moving average price is $121.88. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.69 and a current ratio of 3.92. Lindsay has a 52-week low of $109.27 and a 52-week high of $135.20.

Lindsay (NYSE:LNN) last issued its earnings results on Tuesday, January 7th. The industrial products company reported $1.57 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $0.18. Lindsay had a return on equity of 12.86% and a net margin of 10.91%. The business had revenue of $166.30 million during the quarter, compared to analyst estimates of $169.78 million. During the same period in the previous year, the company posted $1.36 EPS. Lindsay’s revenue was up 3.0% on a year-over-year basis.

Institutional Trading of Lindsay

Institutional investors have recently bought and sold shares of the business. US Bancorp DE increased its stake in Lindsay by 45.9% during the 3rd quarter. US Bancorp DE now owns 267 shares of the industrial products company’s stock worth $33,000 after buying an additional 84 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Lindsay by 90.3% during the fourth quarter. GAMMA Investing LLC now owns 276 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 131 shares in the last quarter. CWM LLC raised its stake in Lindsay by 16.8% in the 3rd quarter. CWM LLC now owns 638 shares of the industrial products company’s stock valued at $80,000 after purchasing an additional 92 shares during the last quarter. Intech Investment Management LLC acquired a new position in Lindsay in the 2nd quarter valued at $241,000. Finally, Point72 Asset Management L.P. lifted its holdings in Lindsay by 1,283.5% in the 2nd quarter. Point72 Asset Management L.P. now owns 2,767 shares of the industrial products company’s stock valued at $340,000 after purchasing an additional 2,567 shares in the last quarter. 89.94% of the stock is owned by institutional investors and hedge funds.

Lindsay Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.17%. Lindsay’s dividend payout ratio (DPR) is currently 23.11%.

About Lindsay

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.