Lindsay Corporation (LNN) Analysts See $0.56 EPS

March 19, 2018 - By Henry Gaston

 Lindsay Corporation (LNN) Analysts See $0.56 EPS
Investors sentiment increased to 1.32 in Q3 2017. Its up 0.46, from 0.86 in 2017Q2. It improved, as 13 investors sold Lindsay Corporation shares while 37 reduced holdings. 21 funds opened positions while 45 raised stakes. 9.95 million shares or 3.33% less from 10.29 million shares in 2017Q2 were reported.
Aperio Grp Limited Liability Company holds 0% or 4,498 shares in its portfolio. Renaissance Tech Ltd Liability Com holds 0.04% or 340,300 shares. American Incorporated owns 8,321 shares. Arizona State Retirement holds 0.01% of its portfolio in Lindsay Corporation (NYSE:LNN) for 5,534 shares. Ny State Teachers Retirement Systems holds 0.01% or 34,491 shares in its portfolio. Deutsche Retail Bank Ag holds 0% of its portfolio in Lindsay Corporation (NYSE:LNN) for 44,800 shares. Voya Inv Mgmt Limited has 0.08% invested in Lindsay Corporation (NYSE:LNN). Thrivent Fin For Lutherans invested in 170,790 shares or 0.06% of the stock. Magnetar has 0.01% invested in Lindsay Corporation (NYSE:LNN). 14,272 are owned by Zurcher Kantonalbank (Zurich Cantonalbank). Schwab Charles Investment Mgmt Inc has 0.01% invested in Lindsay Corporation (NYSE:LNN) for 79,352 shares. Parkside Bank And reported 0% stake. Tower Limited Liability (Trc) reported 1,318 shares. Gamco Invsts Et Al holds 0.03% or 56,000 shares in its portfolio. Dimensional Fund Advsr Limited Partnership stated it has 289,248 shares.

Since February 2, 2018, it had 0 buys, and 1 insider sale for $270,160 activity.

Analysts expect Lindsay Corporation (NYSE:LNN) to report $0.56 EPS on March, 29.They anticipate $0.09 EPS change or 19.15 % from last quarter’s $0.47 EPS. LNN’s profit would be $6.00M giving it 41.36 P/E if the $0.56 EPS is correct. After having $0.30 EPS previously, Lindsay Corporation’s analysts see 86.67 % EPS growth. The stock increased 0.41% or $0.38 during the last trading session, reaching $92.65. About 130,019 shares traded or 30.44% up from the average. Lindsay Corporation (NYSE:LNN) has risen 25.75% since March 19, 2017 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 had 20 analyst reports since August 31, 2015 according to SRatingsIntel. The company was downgraded on Thursday, June 2 by Stifel Nicolaus. The stock of Lindsay Corporation (NYSE:LNN) earned “Neutral” rating by PiperJaffray on Monday, November 28. Stifel Nicolaus maintained it with “Hold” rating and $7600 target in Friday, July 7 report. The stock of Lindsay Corporation (NYSE:LNN) earned “Hold” rating by Stifel Nicolaus on Thursday, December 1. The firm has “Hold” rating by Stifel Nicolaus given on Friday, October 13. The firm has “Buy” rating by Zacks given on Monday, August 31. Piper Jaffray maintained it with “Hold” rating and $8000 target in Friday, August 4 report. On Thursday, December 21 the stock rating was maintained by Stifel Nicolaus with “Hold”. The company was maintained on Monday, February 5 by Piper Jaffray. Piper Jaffray maintained Lindsay Corporation (NYSE:LNN) on Friday, September 8 with “Hold” rating.

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 $993.34 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 38.83 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.