Lindsay Corporation (LNN) EPS Estimated At $0.36

December 12, 2017 - By Kurt Siggers

 Lindsay Corporation (LNN) EPS Estimated At $0.36
Investors sentiment decreased to 0.86 in Q2 2017. Its down 0.27, from 1.13 in 2017Q1. It dived, as 14 investors sold Lindsay Corporation shares while 51 reduced holdings. 20 funds opened positions while 36 raised stakes. 10.29 million shares or 5.72% less from 10.91 million shares in 2017Q1 were reported.
Mason Street Advsr Ltd stated it has 0.01% in Lindsay Corporation (NYSE:LNN). State Street Corp has invested 0% of its portfolio in Lindsay Corporation (NYSE:LNN). Great West Life Assurance Can invested in 15,658 shares. Gamco Et Al holds 0.03% or 56,000 shares. Guggenheim Cap holds 0.01% or 41,425 shares. Zurcher Kantonalbank (Zurich Cantonalbank) owns 26,430 shares. Stephens Investment Mgmt Grp Incorporated Ltd Company owns 119,635 shares for 0.26% of their portfolio. Bluecrest Capital Mgmt has invested 0.01% in Lindsay Corporation (NYSE:LNN). Manchester Cap Mngmt Llc stated it has 0.13% in Lindsay Corporation (NYSE:LNN). Jpmorgan Chase & has 20,983 shares. Voya Mngmt Ltd Liability stated it has 0.07% in Lindsay Corporation (NYSE:LNN). Rhumbline Advisers reported 20,312 shares stake. Barclays Public Limited Com accumulated 1,669 shares. Quantbot Limited Partnership has 48 shares for 0% of their portfolio. Texas-based Employees Retirement Systems Of Texas has invested 0.02% in Lindsay Corporation (NYSE:LNN).

Analysts expect Lindsay Corporation (NYSE:LNN) to report $0.36 EPS on December, 20.They anticipate $0.28 EPS change or 350.00 % from last quarter’s $0.08 EPS. LNN’s profit would be $3.85M giving it 63.62 P/E if the $0.36 EPS is correct. After having $0.59 EPS previously, Lindsay Corporation’s analysts see -38.98 % EPS growth. The stock decreased 0.20% or $0.18 during the last trading session, reaching $91.61. About 81,337 shares traded. Lindsay Corporation (NYSE:LNN) has risen 25.75% since December 12, 2016 and is uptrending. It has outperformed by 9.05% the S&P500.

Lindsay Corporation (NYSE:LNN) Ratings Coverage

Among 7 analysts covering Lindsay (NYSE:LNN), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. Lindsay has $93 highest and $62 lowest target. $78.60’s average target is -14.20% below currents $91.61 stock price. Lindsay had 18 analyst reports since August 31, 2015 according to SRatingsIntel. On Friday, July 7 the stock rating was maintained by Stifel Nicolaus with “Hold”. The rating was maintained by Stifel Nicolaus on Sunday, December 10 with “Hold”. The rating was maintained by Stifel Nicolaus on Thursday, August 17 with “Hold”. The rating was upgraded by Stifel Nicolaus on Thursday, December 1 to “Hold”. The firm has “Sell” rating by Monness Crespi & Hardt given on Monday, September 14. The company was maintained on Friday, August 4 by Piper Jaffray. The stock of Lindsay Corporation (NYSE:LNN) has “Sell” rating given on Thursday, June 2 by Stifel Nicolaus. The firm earned “Buy” rating on Monday, August 31 by Zacks. The firm has “Neutral” rating by Seaport Global given on Tuesday, May 24. The firm has “Sell” rating given on Friday, October 14 by Stifel Nicolaus.

Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure services and products in the United States and internationally. The company has market cap of $979.95 million. The companyÂ’s Irrigation segment makes and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot and Greenfield brands; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems under the GrowSmart brand. It has a 42.22 P/E ratio. This segment also offers repair and replacement parts for irrigation systems and controls; water pumping stations and controls for agriculture, golf, landscape, and municipal markets under the Watertronics brand; filtration solutions for groundwater, agriculture, industrial, and heat transfer markets under the LAKOS brand; and M2M communication technology solutions, data acquisition and management systems, and custom electronic equipment under the Elecsys brand.

More notable recent Lindsay Corporation (NYSE:LNN) news were published by: Omaha.com which released: “Lindsay Corporation” on October 22, 2017, also Seekingalpha.com with their article: “Valmont downgraded at Stifel on outlook for lower irrigation revenues” published on December 11, 2017, Businesswire.com published: “Lindsay Corporation Reports Fiscal 2017 Fourth Quarter and Full Year Results” on October 12, 2017. More interesting news about Lindsay Corporation (NYSE:LNN) were released by: Businesswire.com and their article: “Lindsay Corporation Announces Fiscal 2017 Fourth Quarter and Year-End Earnings …” published on October 03, 2017 as well as Seekingalpha.com‘s news article titled: “Lindsay: You’re Probably Overlooking This Growth Opportunity” with publication date: October 11, 2017.

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