Lindsay Corp. (LNN) Set to Announce Quarterly Earnings on Thursday
Lindsay Corp. (NYSE:LNN) is set to issue its Q413 quarterly earnings data on Thursday, October 10th. Analysts expect the company to announce earnings of $0.91 per share and revenue of $455.68 million for the quarter.
Shares of Lindsay Corp. (NYSE:LNN) traded up 0.46% during mid-day trading on Wednesday, hitting $79.99. 86,142 shares of the company’s stock traded hands. Lindsay Corp. has a one year low of $66.98 and a one year high of $94.90. The stock has a 50-day moving average of $80.54 and a 200-day moving average of $79.0. The company has a market cap of $1.029 billion and a price-to-earnings ratio of 14.90.
The company also recently declared a quarterly dividend, which is scheduled for Friday, November 29th. Investors of record on Friday, November 15th will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date of this dividend is Wednesday, November 13th.
Several analysts have recently commented on the stock. Analysts at William Blair downgraded shares of Lindsay Corp. from an “outperform” rating to a “market perform” rating in a research note to investors on Thursday, September 26th. Analysts at Zacks reiterated a “neutral” rating on shares of Lindsay Corp. in a research note to investors on Friday, September 13th. They now have a $84.00 price target on the stock.
Lindsay Corporation is a provider of range of water management and road infrastructure products and services.
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