$0.56 EPS Expected for Lindsay Corporation (LNN)

February 27, 2018 - By Kurt Siggers

 $0.56 EPS Expected for Lindsay Corporation (LNN)
Investors sentiment increased to 1.32 in 2017 Q3. Its up 0.46, from 0.86 in 2017Q2. It improved, 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.
Employees Retirement Systems Of Texas has 0.02% invested in Lindsay Corporation (NYSE:LNN). Ahl Llp invested in 6,950 shares or 0.01% of the stock. Kentucky-based Teachers Retirement Systems Of The State Of Kentucky has invested 0.01% in Lindsay Corporation (NYSE:LNN). Gotham Asset Lc holds 7,088 shares. Tompkins Financial Corporation holds 0.01% of its portfolio in Lindsay Corporation (NYSE:LNN) for 550 shares. Natl Bank Of America De owns 25,962 shares for 0% of their portfolio. Fenimore Asset Inc invested in 88,435 shares. Texas Permanent School Fund stated it has 7,760 shares or 0.01% of all its holdings. Parametric Port Ltd Liability Corporation has 0% invested in Lindsay Corporation (NYSE:LNN). Franklin Resources holds 50,036 shares or 0% of its portfolio. State Board Of Administration Of Florida Retirement reported 3,460 shares. Bnp Paribas Arbitrage stated it has 6,434 shares. Renaissance Techs Ltd Liability Corporation holds 0.04% or 340,300 shares. Nelson Van Denburg And Campbell Wealth Grp Limited Liability, a Nebraska-based fund reported 92 shares. Prelude Capital Mgmt Limited Company owns 1,600 shares or 0.01% of their US portfolio.

Since February 2, 2018, it had 0 buys, 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 40.63 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 0.95% or $0.87 during the last trading session, reaching $91. About 47,635 shares traded. Lindsay Corporation (NYSE:LNN) has risen 25.75% since February 27, 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. On Monday, August 31 the stock rating was downgraded by Zacks to “Buy”. The rating was upgraded by Stifel Nicolaus on Thursday, December 1 to “Hold”. The firm has “Hold” rating by Stifel Nicolaus given on Friday, October 13. On Thursday, October 12 the stock rating was maintained by Piper Jaffray with “Hold”. The stock of Lindsay Corporation (NYSE:LNN) earned “Neutral” rating by PiperJaffray on Monday, November 28. As per Thursday, December 21, the company rating was maintained by Stifel Nicolaus. As per Thursday, August 17, the company rating was maintained by Stifel Nicolaus. Stifel Nicolaus maintained the shares of LNN in report on Friday, July 7 with “Hold” rating. The firm has “Underweight” rating given on Thursday, December 24 by Piper Jaffray. The firm has “Sell” rating given on Monday, September 14 by Monness Crespi & Hardt.

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 $975.65 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 38.14 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.

More important recent Lindsay Corporation (NYSE:LNN) news were published by: Omaha.com which released: “Upscale Aloft Hotel, new offices for Lindsay Corp. and Sojern coming to hot …” on February 01, 2018, also Businesswire.com published article titled: “Lindsay Corporation Announces Changes to Board of Directors”, Seekingalpha.com published: “Lindsay: Positive Catalysts Emerge, Tax Cut Fueling Net Income” on February 09, 2018. More interesting news about Lindsay Corporation (NYSE:LNN) was released by: Nasdaq.com and their article: “Lindsay Corporation (LNN) Ex-Dividend Date Scheduled for February 13, 2018” with publication date: February 12, 2018.

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