Lindsay (NYSE:LNN – Get Free Report) will likely be issuing its Q3 2025 quarterly earnings data before the market opens on Thursday, June 26th. Analysts expect the company to announce earnings of $1.36 per share and revenue of $157.87 million for the quarter.
Lindsay (NYSE:LNN – Get Free Report) last announced its quarterly earnings results on Thursday, April 3rd. The industrial products company reported $2.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.89 by $0.55. Lindsay had a net margin of 11.87% and a return on equity of 14.66%. The firm had revenue of $187.10 million during the quarter, compared to analysts’ expectations of $174.50 million. During the same period in the previous year, the company earned $1.64 earnings per share. Lindsay’s quarterly revenue was up 23.5% compared to the same quarter last year. On average, analysts expect Lindsay to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Lindsay Price Performance
Shares of LNN opened at $134.59 on Thursday. Lindsay has a 1-year low of $109.27 and a 1-year high of $144.08. The stock has a market cap of $1.46 billion, a PE ratio of 19.14 and a beta of 0.82. The company has a debt-to-equity ratio of 0.22, a current ratio of 3.64 and a quick ratio of 2.57. The firm has a fifty day moving average price of $133.94 and a 200 day moving average price of $130.46.
Lindsay Dividend Announcement
Analysts Set New Price Targets
LNN has been the subject of a number of research reports. Stifel Nicolaus reduced their price target on shares of Lindsay from $134.00 to $128.00 and set a “hold” rating for the company in a research report on Wednesday, April 16th. Wall Street Zen raised shares of Lindsay from a “hold” rating to a “buy” rating in a research report on Friday, April 11th.
Institutional Investors Weigh In On Lindsay
Institutional investors and hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Lindsay by 4.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,455 shares of the industrial products company’s stock valued at $817,000 after buying an additional 289 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Lindsay by 13.9% in the first quarter. AQR Capital Management LLC now owns 8,043 shares of the industrial products company’s stock valued at $1,018,000 after buying an additional 984 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of Lindsay by 134.4% in the first quarter. Jane Street Group LLC now owns 38,720 shares of the industrial products company’s stock valued at $4,899,000 after buying an additional 22,204 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Lindsay by 7.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 39,056 shares of the industrial products company’s stock worth $4,941,000 after acquiring an additional 2,811 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in shares of Lindsay by 13.4% during the first quarter. Goldman Sachs Group Inc. now owns 48,560 shares of the industrial products company’s stock worth $6,144,000 after acquiring an additional 5,749 shares during the period. 89.94% of the stock is owned by hedge funds and other institutional investors.
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.
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