Lindsay Corporation (LNN) Analysts See $0.80 EPS

September 16, 2018 - By Nellie Frank

Investors sentiment increased to 1.79 in Q2 2018. Its up 0.86, from 0.93 in 2018Q1. It is positive, 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.
Dimensional Fund Advsrs L P accumulated 335,015 shares or 0.01% of the stock. State Of Wisconsin Investment Board holds 24,000 shares. Nuance Investments Ltd has 0.31% invested in Lindsay Corporation (NYSE:LNN) for 49,623 shares. The Quebec – Canada-based Pub Sector Pension Invest Board has invested 0% in Lindsay Corporation (NYSE:LNN). 59,000 are owned by Gabelli Funds Ltd Liability. Rice Hall James And Assoc Limited Liability Co owns 102,643 shares or 0.36% of their US portfolio. Mutual Of America Cap Mngmt Ltd Limited Liability Company reported 40 shares. Kwmg Ltd Limited Liability Company owns 0.01% invested in Lindsay Corporation (NYSE:LNN) for 334 shares. Tompkins has invested 0.01% in Lindsay Corporation (NYSE:LNN). 23,790 were reported by Legal & General Grp Incorporated Public Limited Co. Moreover, Wells Fargo And Mn has 0% invested in Lindsay Corporation (NYSE:LNN). Impax Asset Management Limited holds 1.73% of its portfolio in Lindsay Corporation (NYSE:LNN) for 733,387 shares. Tiverton Asset Mgmt Limited Liability Company reported 0.05% of its portfolio in Lindsay Corporation (NYSE:LNN). Blackrock has 0.01% invested in Lindsay Corporation (NYSE:LNN) for 1.51 million shares. Prudential Financial Inc accumulated 18,181 shares or 0% of the stock.

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. Stifel Nicolaus maintained Lindsay Corporation (NYSE:LNN) on Tuesday, September 4 with “Hold” rating. As per Sunday, April 1, the company rating was maintained by Stifel Nicolaus. The firm has “Buy” rating by Boenning & Scattergood given on Thursday, March 29. The firm has “Hold” rating by Seaport Global given on Monday, April 2.

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

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