FY2025 Earnings Estimate for Lindsay Issued By William Blair

Lindsay Corporation (NYSE:LNN) – Stock analysts at William Blair raised their FY2025 EPS estimates for shares of Lindsay in a report issued on Friday, June 27th. William Blair analyst B. Drab now forecasts that the industrial products company will earn $6.70 per share for the year, up from their previous estimate of $6.57. The consensus estimate for Lindsay’s current full-year earnings is $5.82 per share. William Blair also issued estimates for Lindsay’s Q1 2026 earnings at $1.67 EPS, Q2 2026 earnings at $1.67 EPS, Q3 2026 earnings at $1.62 EPS, Q4 2026 earnings at $1.38 EPS and FY2027 earnings at $6.70 EPS.

Several other brokerages also recently commented on LNN. Wall Street Zen upgraded shares of Lindsay from a “hold” rating to a “buy” rating in a research report on Friday, April 11th. Stifel Nicolaus increased their target price on shares of Lindsay from $128.00 to $136.00 and gave the stock a “hold” rating in a research report on Friday.

Lindsay Stock Down 0.5%

Shares of NYSE:LNN opened at $142.58 on Monday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.64 and a current ratio of 3.64. The company has a market cap of $1.55 billion, a PE ratio of 20.49 and a beta of 0.82. Lindsay has a 52 week low of $109.27 and a 52 week high of $150.96. The firm has a 50 day simple moving average of $135.70 and a 200 day simple moving average of $130.83.

Lindsay (NYSE:LNN) last issued its quarterly earnings results on Thursday, June 26th. The industrial products company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.36 by $0.42. The business had revenue of $169.46 million during the quarter, compared to the consensus estimate of $157.87 million. Lindsay had a net margin of 11.21% and a return on equity of 15.09%. The firm’s quarterly revenue was up 21.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.85 EPS.

Lindsay Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be given a $0.37 dividend. This is an increase from Lindsay’s previous quarterly dividend of $0.36. This represents a $1.48 dividend on an annualized basis and a yield of 1.04%. Lindsay’s dividend payout ratio is presently 20.48%.

Institutional Investors Weigh In On Lindsay

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Banque Cantonale Vaudoise purchased a new stake in Lindsay in the 1st quarter worth approximately $31,000. AlphaQuest LLC acquired a new position in shares of Lindsay during the 4th quarter worth $32,000. State of Wyoming acquired a new position in shares of Lindsay during the 1st quarter worth $52,000. GAMMA Investing LLC increased its stake in shares of Lindsay by 55.8% during the 1st quarter. GAMMA Investing LLC now owns 430 shares of the industrial products company’s stock worth $54,000 after purchasing an additional 154 shares during the last quarter. Finally, Mutual of America Capital Management LLC acquired a new position in shares of Lindsay during the 1st quarter worth $200,000. Hedge funds and other institutional investors own 89.94% of the company’s stock.

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.