LINDSAY CORP

Second-quarter revenue came in lighter than expected, but the company has some good long-term tailwinds behind it.

Second-quarter revenue came in lighter than expected, but the company has some good long-term tailwinds behind it.

The following slide deck was published by Lindsay Corporation in conjunction with their 2023 Q2 earnings call.

Lindsay Corporation (NYSE:NYSE:LNN) Q2 2023 Earnings Conference Call April 4, 2023 11:00 AM ETCompany ParticipantsRandy Wood - President and Chief Executive OfficerBrian Ketcham - Chief…

Lindsay press release (LNN): Q2 GAAP EPS of $1.63 beats by $0.10.Revenue of $166.24M (-16.9% Y/Y) misses by $26.38M.

Lindsay Corporation with ticker code (LNN) now have 3 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 176 and 150 with the average target price sitting at 162. Now with the previous closing price of 155.82 this now indicates there is a potential upside of 4.0%. The 50 day MA is 132.21 and the 200 moving average now moves to 140.18. The company has a market cap of $1,729m. Find out more information at: https://www.lindsay.com [stock_market_widget type="chart" template="basic" color="green" assets="LNN" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,798m based on the market concensus. Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. The company 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 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.

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Lindsay Corporation found using ticker (LNN) now have 3 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 176 and 135 calculating the average target price we see 153.67. Now with the previous closing price of 144.51 this now indicates there is a potential upside of 6.3%. The 50 day moving average now sits at 129.26 and the 200 day moving average is 140.23. The company has a market cap of $1,609m. You can visit the company''s website by visiting: https://www.lindsay.com [stock_market_widget type="chart" template="basic" color="green" assets="LNN" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,711m based on the market concensus. Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. The company operates in two segments, Irrigation and Infrastructure.

Lindsay Corporation found using ticker (LNN) now have 3 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 176 and 135 calculating the mean target price we have 153.67. Given that the stocks previous close was at 136.08 this would imply there is a potential upside of 12.9%. There is a 50 day moving average of 127.48 and the 200 moving average now moves to 140.62. The company has a market cap of $1,510m. You can visit the company''s website by visiting: https://www.lindsay.com [stock_market_widget type="chart" template="basic" color="green" assets="LNN" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,705m based on the market concensus. Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. The company 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 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.

Lindsay Corporation with ticker code (LNN) now have 3 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 176 and 135 calculating the average target price we see 160.33. With the stocks previous close at 128.71 this indicates there is a potential upside of 24.6%. The day 50 moving average is 127.69 and the 200 moving average now moves to 141.15. The company has a market capitalisation of $1,430m. Visit the company website at: https://www.lindsay.com [stock_market_widget type="chart" template="basic" color="green" assets="LNN" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,781m based on the market concensus. Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. The company operates in two segments, Irrigation and Infrastructure.

Lindsay Corporation found using ticker (LNN) now have 2 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 190 and 178 with a mean TP of 184. Given that the stocks previous close was at 129.83 this would indicate that there is a potential upside of 41.7%. The 50 day moving average now sits at 141.42 and the 200 day moving average is 155.76. The company has a market cap of $1,429m. Visit the company website at: https://www.lindsay.com [stock_market_widget type="chart" symbol="LNN" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The potential market cap would be $2,026m based on the market concensus. Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. The company 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 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.

Lindsay Corporation (LNN) shares closed today at 1.5% above its 52 week low of $120.28, giving the company a market cap of $1B. The stock is currently down 20.2% year-to-date, down 13.6% over the past 12 months, and up 65.2% over the past five years. This week, the Dow Jones Industrial Average fell 1.6%, and the S&P 500 fell 3.5%. Trading Activity Trading volume this week was 10.0% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.3. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.The stock closed at 2.6% lower than its 5-day moving average, 11.3% lower than its 20-day moving average, and 18.3% lower than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Industrials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 1104.4% The company's stock price performance over the past 12 months lags the peer average by -276.9% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 274.7% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

Lindsay Corporation (LNN) shares closed today at 1.4% above its 52 week low of $122.74, giving the company a market cap of $1B. The stock is currently down 18.1% year-to-date, down 13.3% over the past 12 months, and up 70.0% over the past five years. This week, the Dow Jones Industrial Average fell 2.5%, and the S&P 500 fell 4.1%. Trading Activity Trading volume this week was 5.8% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Industrials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 1425.9% The company's stock price performance over the past 12 months lags the peer average by -400.9% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 281.4% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

Lindsay Corporation (LNN) shares closed today at 1.8% above its 52 week low of $134.33, giving the company a market cap of $1B. The stock is currently down 8.7% year-to-date, up 1.6% over the past 12 months, and up 96.8% over the past five years. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 fell 1.7%. Trading Activity Trading volume this week was 43.5% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.3. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.The stock closed at 7.1% lower than its 5-day moving average, 8.1% lower than its 20-day moving average, and 10.7% lower than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Industrials industry sector , lags it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -327.3% The company's stock price performance over the past 12 months lags the peer average by -83.7% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 302.4% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.