Analysts See $0.36 EPS for Lindsay Corporation (LNN)

December 13, 2017 - By Marry Poplack

 Analysts See $0.36 EPS for Lindsay Corporation (LNN)
Investors sentiment decreased to 0.86 in 2017 Q2. Its down 0.27, from 1.13 in 2017Q1. It fall, as 14 investors sold Lindsay Corporation shares while 51 reduced holdings. 20 funds opened positions while 36 raised stakes. 10.29 million shares or 5.72% less from 10.91 million shares in 2017Q1 were reported.
Nj State Employees Deferred Compensation Plan has invested 0.05% in Lindsay Corporation (NYSE:LNN). First L P stated it has 0.01% of its portfolio in Lindsay Corporation (NYSE:LNN). Schroder Management Gru reported 43,260 shares or 0.01% of all its holdings. Envestnet Asset Inc has 0% invested in Lindsay Corporation (NYSE:LNN). Huntington Natl Bank has 90 shares for 0% of their portfolio. 970 are held by Sei Invests Com. Oppenheimer And has 0.01% invested in Lindsay Corporation (NYSE:LNN) for 5,761 shares. Ny State Teachers Retirement System reported 34,491 shares stake. Commercial Bank Of Montreal Can holds 0% or 313 shares in its portfolio. Great West Life Assurance Can reported 15,658 shares. Corecommodity Mgmt, Connecticut-based fund reported 11,826 shares. Nationwide Fund invested 0% in Lindsay Corporation (NYSE:LNN). Principal Fincl Incorporated accumulated 94,772 shares. John G Ullman And Incorporated owns 153,225 shares. Quantitative Inv Limited has invested 0.02% in Lindsay Corporation (NYSE:LNN).

Analysts expect Lindsay Corporation (NYSE:LNN) to report $0.36 EPS on December, 20.They anticipate $0.28 EPS change or 350.00 % from last quarter’s $0.08 EPS. LNN’s profit would be $3.85 million giving it 62.67 P/E if the $0.36 EPS is correct. After having $0.59 EPS previously, Lindsay Corporation’s analysts see -38.98 % EPS growth. The stock decreased 1.50% or $1.37 during the last trading session, reaching $90.24. About 51,249 shares traded. Lindsay Corporation (NYSE:LNN) has risen 25.75% since December 13, 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 18 analyst reports since August 31, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Tuesday, May 24 by Seaport Global. The stock of Lindsay Corporation (NYSE:LNN) has “Sell” rating given on Friday, October 14 by Stifel Nicolaus. PiperJaffray upgraded Lindsay Corporation (NYSE:LNN) on Monday, November 28 to “Neutral” rating. Stifel Nicolaus maintained the shares of LNN in report on Thursday, August 17 with “Hold” rating. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, October 13. Stifel Nicolaus maintained the stock with “Hold” rating in Sunday, December 10 report. The firm earned “Hold” rating on Friday, July 7 by Stifel Nicolaus. The company was maintained on Friday, August 4 by Piper Jaffray. As per Thursday, December 1, the company rating was upgraded by Stifel Nicolaus. On Friday, September 8 the stock rating was maintained by Piper Jaffray with “Hold”.

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 $965.30 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 41.59 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 notable recent Lindsay Corporation (NYSE:LNN) news were published by: Omaha.com which released: “Lindsay Corporation” on October 22, 2017, also Seekingalpha.com with their article: “Lindsay: You’re Probably Overlooking This Growth Opportunity” published on October 11, 2017, Businesswire.com published: “Lindsay Corporation Reports Fiscal 2017 Fourth Quarter and Full Year Results” on October 12, 2017. More interesting news about Lindsay Corporation (NYSE:LNN) were released by: Businesswire.com and their article: “Lindsay Corporation Announces Fiscal 2017 Fourth Quarter and Year-End Earnings …” published on October 03, 2017 as well as Seekingalpha.com‘s news article titled: “Valmont downgraded at Stifel on outlook for lower irrigation revenues” with publication date: December 11, 2017.

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