$0.80 EPS Expected for Lindsay Corporation (LNN)

September 16, 2018 - By Mary Gaskins

Investors sentiment increased to 1.79 in 2018 Q2. Its up 0.86, from 0.93 in 2018Q1. It improved, as 10 investors sold Lindsay Corporation shares while 33 reduced holdings. 25 funds opened positions while 52 raised stakes. 9.79 million shares or 2.20% more from 9.58 million shares in 2018Q1 were reported.
Prentiss Smith invested in 2.67% or 45,499 shares. New Jersey-based Nj State Employees Deferred Compensation Plan has invested 0.05% in Lindsay Corporation (NYSE:LNN). 40 are held by Mutual Of America Cap Management Ltd Llc. Texas Permanent School Fund holds 0.01% of its portfolio in Lindsay Corporation (NYSE:LNN) for 6,943 shares. Us Savings Bank De holds 0% or 2,300 shares. Bank & Trust Of America Corp De invested 0% of its portfolio in Lindsay Corporation (NYSE:LNN). Dimensional Fund Advsr Limited Partnership holds 0.01% or 335,015 shares. Tiaa Cref Invest Mgmt Ltd Liability Corporation owns 0% invested in Lindsay Corporation (NYSE:LNN) for 23,482 shares. Manufacturers Life Insurance Co The has invested 0% in Lindsay Corporation (NYSE:LNN). Cs Mckee Lp stated it has 0.13% in Lindsay Corporation (NYSE:LNN). Robecosam Ag holds 0.05% of its portfolio in Lindsay Corporation (NYSE:LNN) for 12,600 shares. Weik Mngmt has 3,000 shares for 0.14% of their portfolio. Louisiana State Employees Retirement Systems has invested 0.02% in Lindsay Corporation (NYSE:LNN). 104,885 are held by Stephens Management Gru Ltd. Citigroup Inc holds 1,864 shares.

Analysts expect Lindsay Corporation (NYSE:LNN) to report $0.80 EPS on October, 11.They anticipate $0.21 EPS change or 35.59 % from last quarter’s $0.59 EPS. LNN’s profit would be $8.61M giving it 29.98 P/E if the $0.80 EPS is correct. After having $1.66 EPS previously, Lindsay Corporation’s analysts see -51.81 % EPS growth. The stock increased 2.31% or $2.17 during the last trading session, reaching $95.92. About 82,272 shares traded or 4.03% up from the average. Lindsay Corporation (NYSE:LNN) has risen 6.47% since September 16, 2017 and is uptrending. It has underperformed by 9.15% the S&P500.

Lindsay Corporation (NYSE:LNN) Ratings Coverage

Among 3 analysts covering Lindsay Corp (NYSE:LNN), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Lindsay Corp had 4 analyst reports since March 29, 2018 according to SRatingsIntel. Seaport Global maintained the stock with “Hold” rating in Monday, April 2 report. Boenning & Scattergood upgraded Lindsay Corporation (NYSE:LNN) on Thursday, March 29 to “Buy” rating. The company was maintained on Sunday, April 1 by Stifel Nicolaus. The company was maintained on Tuesday, September 4 by Stifel Nicolaus.

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 $1.03 billion. 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 47.72 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.

Lindsay Corporation (NYSE:LNN) Institutional Positions Chart

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.