Analysts See $0.56 EPS for Lindsay Corporation (LNN)

March 15, 2018 - By Ellis Scott

 Analysts See $0.56 EPS for Lindsay Corporation (LNN)
Investors sentiment increased to 1.32 in 2017 Q3. Its up 0.46, from 0.86 in 2017Q2. It increased, 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.
California Employees Retirement System has invested 0% in Lindsay Corporation (NYSE:LNN). Moreover, Nj State Employees Deferred Compensation Plan has 0.05% invested in Lindsay Corporation (NYSE:LNN) for 3,000 shares. Covington Mngmt stated it has 0% of its portfolio in Lindsay Corporation (NYSE:LNN). California State Teachers Retirement Systems holds 16,767 shares. Citigroup Inc invested in 0% or 4,062 shares. 9,527 are owned by State Of Tennessee Treasury Department. D E Shaw And Com owns 0% invested in Lindsay Corporation (NYSE:LNN) for 25,301 shares. Tower Cap Lc (Trc) has invested 0.01% in Lindsay Corporation (NYSE:LNN). Swiss Fincl Bank reported 0% in Lindsay Corporation (NYSE:LNN). Advsrs Asset Management holds 0.01% or 5,307 shares in its portfolio. Manchester Management Limited Liability Corporation invested in 0.13% or 9,440 shares. Pinebridge Investments Lp, New York-based fund reported 14,719 shares. Ameriprise Fincl has invested 0% in Lindsay Corporation (NYSE:LNN). Fenimore Asset holds 88,435 shares or 0.33% of its portfolio. Tiaa Cref Invest Mngmt Ltd Liability Co has invested 0% in Lindsay Corporation (NYSE:LNN).

Since February 2, 2018, it had 0 insider purchases, and 1 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 41.32 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 decreased 0.12% or $0.11 during the last trading session, reaching $92.55. About 77,353 shares traded. Lindsay Corporation (NYSE:LNN) has risen 25.75% since March 15, 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 rating was maintained by Stifel Nicolaus on Sunday, December 10 with “Hold”. The firm earned “Sell” rating on Monday, September 14 by Monness Crespi & Hardt. Seaport Global initiated the shares of LNN in report on Tuesday, May 24 with “Neutral” rating. On Monday, August 31 the stock rating was downgraded by Zacks to “Buy”. Stifel Nicolaus maintained the shares of LNN in report on Friday, July 7 with “Hold” rating. The firm earned “Sell” rating on Thursday, June 2 by Stifel Nicolaus. Piper Jaffray upgraded the shares of LNN in report on Monday, November 28 to “Neutral” rating. Piper Jaffray maintained the shares of LNN in report on Friday, August 4 with “Hold” rating. As per Friday, October 14, the company rating was maintained by Stifel Nicolaus. The firm has “Hold” rating given on Friday, September 8 by Piper Jaffray.

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 $992.27 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 38.79 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.

Another recent and important Lindsay Corporation (NYSE:LNN) news was published by which published an article titled: “Lindsay Event Puts Focus on Precision Irrigation and Smart Farming Practices” on March 06, 2018.

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.