$0.65 EPS Expected for Lindsay Corporation (LNN)

September 20, 2017 - By Marie Mckinney

 $0.65 EPS Expected for Lindsay Corporation (LNN)
Investors sentiment increased to 1.48 in Q4 2016. Its up 0.51, from 0.97 in 2016Q3. It is positive, as 10 investors sold Lindsay Corporation shares while 42 reduced holdings. 24 funds opened positions while 53 raised stakes. 10.83 million shares or 6.38% less from 11.57 million shares in 2016Q3 were reported.
Citadel Advisors Ltd Liability Corp reported 0% in Lindsay Corporation (NYSE:LNN). California-based Wells Fargo And Mn has invested 0% in Lindsay Corporation (NYSE:LNN). Evercore Wealth Mngmt Llc accumulated 1,400 shares or 0% of the stock. State Of Tennessee Treasury Department holds 8,600 shares or 0% of its portfolio. Rech Management holds 80 shares. Vanguard Grp invested in 941,065 shares. Pennsylvania-based Susquehanna Limited Liability Partnership has invested 0% in Lindsay Corporation (NYSE:LNN). Citigroup Incorporated reported 0% of its portfolio in Lindsay Corporation (NYSE:LNN). Tiaa Cref Inv has invested 0% of its portfolio in Lindsay Corporation (NYSE:LNN). Ameriprise Financial holds 55,485 shares or 0% of its portfolio. Pinebridge Invs Limited Partnership accumulated 0.02% or 10,600 shares. The Texas-based Dimensional Fund Limited Partnership has invested 0.01% in Lindsay Corporation (NYSE:LNN). Gabelli Funds Limited Com holds 0.03% or 61,000 shares in its portfolio. Bluestein R H Co accumulated 0.02% or 4,000 shares. Arizona State Retirement Sys holds 0.01% of its portfolio in Lindsay Corporation (NYSE:LNN) for 5,434 shares.

Since April 3, 2017, it had 0 buys, and 2 insider sales for $3.88 million activity. PAROD RICK also sold $3.44 million worth of Lindsay Corporation (NYSE:LNN) on Wednesday, April 5. Downing David B sold $436,632 worth of stock or 5,000 shares.

Analysts await Lindsay Corporation (NYSE:LNN) to report earnings on October, 12. They expect $0.65 EPS, down 10.96 % or $0.08 from last year’s $0.73 per share. LNN’s profit will be $6.95M for 34.60 P/E if the $0.65 EPS becomes a reality. After $1.02 actual EPS reported by Lindsay Corporation for the previous quarter, Wall Street now forecasts -36.27 % negative EPS growth. It closed at $89.96 lastly. It is down 25.75% since September 20, 2016 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 15 analyst reports since August 31, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, August 31 by Zacks. The firm has “Hold” rating given on Friday, July 7 by Stifel Nicolaus. On Thursday, December 1 the stock rating was upgraded by Stifel Nicolaus to “Hold”. The rating was maintained by Piper Jaffray on Friday, September 8 with “Hold”. The company was upgraded on Monday, November 28 by Piper Jaffray. The firm earned “Sell” rating on Friday, October 14 by Stifel Nicolaus. The firm has “Neutral” rating by Seaport Global given on Tuesday, May 24. The stock of Lindsay Corporation (NYSE:LNN) earned “Neutral” rating by PiperJaffray on Monday, November 28. The rating was maintained by Piper Jaffray on Friday, August 4 with “Hold”. Piper Jaffray maintained the stock with “Underweight” rating in Thursday, December 24 report.

Lindsay Corporation, along with its subsidiaries, provides a range of water management and road infrastructure services and products. The company has market cap of $961.64 million. The Firm operates through two divisions: Irrigation Segment and Infrastructure Segment. It has a 39 P/E ratio. The Irrigation Segment includes the manufacture and marketing of center pivot, lateral move, and hose reel irrigation systems, which are used primarily in the agricultural industry.

More recent Lindsay Corporation (NYSE:LNN) news were published by: Omaha.com which released: “Lindsay Corp. CEO plans to step down in December” on February 09, 2017. Also Seekingalpha.com published the news titled: “Lindsay Corporation: Shorts Capitulate” on July 14, 2017. Fool.com‘s news article titled: “Why Lindsay Corporation, Extreme Networks, and Universal Display Jumped Today” with publication date: March 30, 2017 was also an interesting one.

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.