Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Director Jahidul Khandaker was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Apr 03
Lindsay Corporation Announces Quarterly Cash Dividend, Payable on May 29, 2026 Lindsay Corporation announced that its Board of Directors has declared a regular quarterly cash dividend of $0.37 per share, payable May 29, 2026, to shareholders of record at the
close of business on May 15, 2026. Annuncio • Mar 19
Lindsay Corporation to Report Q2, 2026 Results on Apr 02, 2026 Lindsay Corporation announced that they will report Q2, 2026 results Pre-Market on Apr 02, 2026 Annuncio • Jan 13
Lindsay Corporation Appoints Brett R. Coburn as Chief Accounting Officer On January 6, 2026, the Board of Directors of Lindsay Corporation appointed Brett R. Coburn as Chief Accounting Officer. Mr. Coburn, 34, has been employed by the Company since April 2019. From February 2024 until his appointment as Vice President and Chief Accounting Officer, Mr. Coburn served as Senior Director, Corporate Controller. Between September 2020 and January 2024, Mr. Coburn served as Director, Assistant Corporate Controller. Between April 2019 and August 2020, Mr. Coburn served as Senior Manager, Financial Reporting. Prior to joining the Company, Mr. Coburn served in finance roles at Ballantyne Strong Inc. and as an Audit Senior Associate at KPMG LLP. Mr. Coburn is a licensed and active Certified Public Accountant in the State of Nebraska. Annuncio • Jan 09
Lindsay Corporation Announces Quarterly Cash Dividend, Payable on February 27, 2026 Lindsay Corporation announced that its Board of Directors has declared a regular quarterly cash dividend of $0.37 per share, payable February 27, 2026, to shareholders of record at the close of business on February 13, 2026. Annuncio • Dec 23
Lindsay Corporation to Report Q1, 2026 Results on Jan 08, 2026 Lindsay Corporation announced that they will report Q1, 2026 results Pre-Market on Jan 08, 2026 Annuncio • Nov 26
Lindsay Corporation, Annual General Meeting, Jan 06, 2026 Lindsay Corporation, Annual General Meeting, Jan 06, 2026. Annuncio • Nov 08
Lindsay Corporation Announces Executive Changes On November 3, 2025, Lindsay Corporation and Gustavo E. Oberto mutually agreed that Mr. Oberto will depart from his employment as President, Irrigation, effective November 30, 2025. On November 3, 2025, the Company appointed Brian J. Magnusson, 46, to succeed Mr. Oberto as President, Irrigation, effective December 1, 2025. Annuncio • Nov 06
Lindsay Corporation (NYSE:LNN) announces an Equity Buyback for $150 million worth of its shares. Lindsay Corporation (NYSE:LNN) announces a share repurchase program. Under the offer, the company will repurchase up to $150 million of common stock. The program has no expiration date. Annuncio • Oct 27
Lindsay Corporation Announces Quarterly Cash Dividend, Payable on November 28, 2025 Lindsay Corporation announced that its Board of Directors has declared a regular quarterly cash dividend of $0.37 per share, payable November 28, 2025, to shareholders of record at the close of business on November 14, 2025. Annuncio • Oct 09
Lindsay Corporation to Report Q4, 2025 Results on Oct 23, 2025 Lindsay Corporation announced that they will report Q4, 2025 results Pre-Market on Oct 23, 2025 Annuncio • Sep 16
Lindsay Corporation Appoints Jahidul H. Khandaker as Board of Director, Effective September 15, 2025 Lindsay Corporation announced that Jahidul H. Khandaker has been appointed to its Board of Directors, effective immediately September 15, 2025. Mr. Khandaker is a member of the class of directors with a term expiring at the January 2026 Annual Meeting. Mr. Khandaker has been appointed to serve on the Company's Audit Committee.
Mr. Khandaker, 54, serves as the Chief Information Officer for GE HealthCare. From 2020 until joining GE HealthCare in 2022, Mr. Khandaker served as Senior Vice President and Chief Information Officer for Western Digital, a leading provider of data storage devices and solutions. Prior to that, he served as Vice President, IT Applications for Western Digital from 2015 to 2020. Earlier in his career, Mr. Khandaker held several senior leadership roles at Hitachi Global Storage Technologies. He began his technology career as a Software Engineer at IBM after serving as Financial Systems Administrator for the Defense Finance & Accounting Service and as a Non-Commissioned Officer-in-Charge and Accounting Analyst in the United States Marine Corps. Mr. Khandaker holds an M.S. in Information Systems, a B.S. in Computer Science, and a B.A. in Mathematics from Hawaii Pacific University. He has also completed executive education at the Wharton Executive Development Program, the IBM Management Program, and the SAP Academy. Mr. Khandaker is a seasoned global chief information officer with more than 25 years of experience leading enterprise-wide technology transformations across a variety of industries and consistently delivering M&A integrations and operational efficiencies. He brings deep expertise in enterprise IT, cloud transformation, cybersecurity, data and AI, and digital product development, and has led the consolidation of legacy systems, implemented global enterprise resource planning platforms, and driven the adoption of SaaS, IoT, and generative AI technologies. While residing in the United States, Mr. Khandaker has extensive work experience throughout Asia-Pacific, China, and Japan. Annuncio • Jul 29
Lindsay Corporation's TowerWatch Increases Productivity by Monitoring Tower Issues Lindsay Corporation announced the addition of TowerWatch™? to the company's suite of innovative SmartPivot™? Solutions. Available on Zimmatic™? pivots and aftermarket for most existing tower alignment monitor in North America, TowerWatch is a premier tower alignment monitor designed to save growers valuable time and resources by pinpointing tower faults faster. Growers using TowerWatch may reduce their troubleshooting time by 75% through alerts from FieldNET™? Premier. Available as a feature on all new Zimmatic pivots and as an add-on for pivots of any brand already in the field, TowerWatch saves more than time - the technology also allows growers to save on water and energy costs. When a tower fault occurs, growers using Lindsay's SmartPivot Solutions can expect to: Get an instant notification from their FieldNET app; Immediately identify the location of the fault; Remotely control water application with FieldNET to lower the risk of crop stress; Arrive at the right tower quicker to inspect the issue, reducing time spent walking the system; Make fewer trips to the field, saving growers time and money. Annuncio • Jun 27
Lindsay Corporation Increases Quarterly Cash Dividend, Payable on August 29, 2025 Lindsay Corporation announced that its Board of Directors has declared a regular quarterly cash dividend of $0.37 per share, payable August 29, 2025, to shareholders of record at the close of business on August 15, 2025. This quarterly cash dividend rate represents a 3% increase to the previous quarterly indicated rate of $0.36 per share. The new annual indicated rate is $1.48 per share, up from the previous annual indicated rate of $1.44 per share. Annuncio • Jun 12
Lindsay Corporation to Report Q3, 2025 Results on Jun 26, 2025 Lindsay Corporation announced that they will report Q3, 2025 results Pre-Market on Jun 26, 2025 Annuncio • Apr 04
Lindsay Corporation Announces Quarterly Cash Dividend, Payable on May 30, 2025 The Board of Directors of Lindsay Corporation has declared a regular quarterly cash dividend of $0.36 per share, payable May 30, 2025, to shareholders of record at the close of business on May 16, 2025. Annuncio • Mar 20
Lindsay Corporation to Report Q2, 2025 Results on Apr 03, 2025 Lindsay Corporation announced that they will report Q2, 2025 results Pre-Market on Apr 03, 2025 Annuncio • Jan 10
Lindsay Corporation Announces Quarterly Cash Dividend, Payable February 28, 2025 Lindsay Corporation announced that its Board of Directors has declared a regular quarterly cash dividend of $0.36 per share, payable February 28, 2025, to shareholders of record at the close of business on February 14, 2025. Annuncio • Jan 06
Lindsay Corporation (NYSE:LNN) completed the acquisition of 49.9% stake in Pessl Instruments GmbH. Lindsay Corporation (NYSE:LNN) agreed to acquire 49.9% stake in Pessl Instruments GmbH on April 3, 2024. The transaction is expected to close in the second half of fiscal 2024, subject to customary closing conditions including regulatory approvals. As of April 4, 2024, the transaction is expected to close in the second half of the Company's fiscal 2024.
Lindsay Corporation (NYSE:LNN) completed the acquisition of 49.9% stake in Pessl Instruments GmbH on January 6, 2025. Lindsay also has an option to acquire the remainder of Pessl at a later date. Annuncio • Dec 23
Lindsay Corporation to Report Q1, 2025 Results on Jan 07, 2025 Lindsay Corporation announced that they will report Q1, 2025 results Pre-Market on Jan 07, 2025 Annuncio • Nov 21
Lindsay Corporation, Annual General Meeting, Jan 08, 2025 Lindsay Corporation, Annual General Meeting, Jan 08, 2025. Recent Insider Transactions • Nov 17
Senior VP & CFO recently sold €472k worth of stock On the 15th of November, Brian Ketcham sold around 4k shares on-market at roughly €118 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Brian's only on-market trade for the last 12 months. Upcoming Dividend • Nov 11
Upcoming dividend of US$0.36 per share Eligible shareholders must have bought the stock before 15 November 2024. Payment date: 29 November 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.5%). Declared Dividend • Oct 28
Fourth quarter dividend of US$0.36 announced Shareholders will receive a dividend of US$0.36. Ex-date: 15th November 2024 Payment date: 29th November 2024 Dividend yield will be 1.2%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 3.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Oct 25
Lindsay Corporation Announces Quarterly Cash Dividend, Payable on November 29, 2024 Lindsay Corporation declared a regular quarterly cash dividend of $0.36 per share, payable November 29, 2024, to shareholders of record at the close of business on November 15, 2024. Reported Earnings • Oct 24
Full year 2024 earnings released: EPS: US$6.04 (vs US$6.58 in FY 2023) Full year 2024 results: EPS: US$6.04 (down from US$6.58 in FY 2023). Revenue: US$607.1m (down 9.9% from FY 2023). Net income: US$66.3m (down 8.5% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Annuncio • Oct 10
Lindsay Corporation to Report Q4, 2024 Results on Oct 24, 2024 Lindsay Corporation announced that they will report Q4, 2024 results Pre-Market on Oct 24, 2024 Upcoming Dividend • Aug 09
Upcoming dividend of US$0.36 per share Eligible shareholders must have bought the stock before 16 August 2024. Payment date: 30 August 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (3.7%). Declared Dividend • Jul 08
Third quarter dividend of US$0.36 announced Shareholders will receive a dividend of US$0.36. Ex-date: 16th August 2024 Payment date: 30th August 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.9% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Jul 05
Now 26% undervalued The stock has been flat over the last 90 days, currently trading at €105. The fair value is estimated to be €142, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 3.3% per annum over the same time period. Buy Or Sell Opportunity • Jul 04
Now 26% undervalued The stock has been flat over the last 90 days, currently trading at €105. The fair value is estimated to be €142, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 3.3% per annum over the same time period. Buy Or Sell Opportunity • Jul 02
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.2% to €105. The fair value is estimated to be €140, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 3.3% per annum over the same time period. Reported Earnings • Jun 28
Third quarter 2024 earnings released: EPS: US$1.85 (vs US$1.53 in 3Q 2023) Third quarter 2024 results: EPS: US$1.85 (up from US$1.53 in 3Q 2023). Revenue: US$139.2m (down 15% from 3Q 2023). Net income: US$20.4m (up 21% from 3Q 2023). Profit margin: 15% (up from 10% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Annuncio • Jun 28
Lindsay Corporation Declares Quarterly Cash Dividend, Payable on August 30, 2024 Lindsay Corporation announced that its Board of Directors has declared a regular quarterly cash dividend of $0.36 per share, payable August 30, 2024, to shareholders of record at the close of business on August 16, 2024. This quarterly cash dividend rate represents a three percent increase to the previous quarterly indicated rate of $0.35 per share. The new annual indicated rate is $1.44 per share, up from the previous annual indicated rate of $1.40 per share. Annuncio • Jun 25
Lindsay Corporation Installs the First Tau-Xr™ Crash Cushion Lindsay Corporation recently installed its first TAU-XR Xpress Repair Crash Cushion, the latest innovation in its proven lineup of crash cushion systems. The TAU-XR is designed for swift installation and rapid repair, enhancing both efficiency and protection for road maintenance teams. The TAU-XR offers a range of transition options up to 52 inches, ensuring maximum versatility in design. What sets the TAU-XR apart is its dual-rail configuration and innovative attenuation that enables a straightforward, 30 minutes or less-installation and cost-effective repairs. As a severe-duty, low-maintenance crash cushion, it delivers exceptional, long-term durability and low cost of ownership. TAU-XR ships fully assembled, allowing for an expedited installation onsite. The first installation of the MASH-tested TAU-XR on U.S. roadways occurred on Friday, June 14, in Las Vegas, Nevada, at the intersection of Highway 91 and Great Basin. With the TAU-XR, Lindsay continues its tradition of driving road safety innovation. Annuncio • Jun 15
Lindsay Corporation to Report Q3, 2024 Results on Jun 27, 2024 Lindsay Corporation announced that they will report Q3, 2024 results Pre-Market on Jun 27, 2024 Annuncio • May 18
Lindsay Corporation Upgrades Fieldnet Advisor to Improve Irrigation Management Lindsay Corporation announced enhancements to FieldNET Advisor™?, its irrigation management solution. FieldNET Advisor simplifies irrigation decisions for growers, and now through advanced technology also improves the product's return on investment with real-time data upgrades, whole farm management, and simplified subscriptions. With more than 50 years of crop and irrigation research, Lindsay is a leader in using technology to simplify the science of agronomic irrigation. FieldNET Advisor provides meaningful insights on how to help growers maximize yields. With additional data now available through these enhancements, growers have a powerful tool to help reduce input costs, conserve resources and apply the precise amount of water needed for a healthier crop. Growers around the world use FieldNET Advisor every day to monitor irrigation patterns and check soil moisture levels. The additional product benefits now available to growers are: Easy enrollment for the whole operation and customized recommendations to grower management preferences, Satellite imagery estimates crop water usage providing up-to-date data that automatically tracks how conditions change through the growing season; wind, hail, disease, and other factors are all accounted for, Manage the whole farm at a glance, including crop canopy development, crop water use, weather, and irrigation recommendations, More easily review data and execute irrigation decisions on a mobile device, Simplified, whole-farm pricing with only one subscription to manage, Connect your on-farm Pessl weather station to FieldNET and incorporate local weather data into your irrigation recommendations. By combining FieldNET Advisor's recommendations with the advanced agronomics of FieldNET and Zimmatic™ machine health features, Lindsay has transformed the way growers irrigate crops. Integrated pivots support healthier crops and more sustainable farming practices while reducing risk and operational downtime, significantly expanding the traditional capabilities of pivots. FieldNET Advisor's smart recommendations are one part of the comprehensive FieldNET irrigation management platform. Upcoming Dividend • May 09
Upcoming dividend of US$0.35 per share Eligible shareholders must have bought the stock before 16 May 2024. Payment date: 31 May 2024. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.3%). Declared Dividend • Apr 08
Second quarter dividend of US$0.35 announced Shareholders will receive a dividend of US$0.35. Ex-date: 16th May 2024 Payment date: 31st May 2024 Dividend yield will be 1.2%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Apr 05
Lindsay Corporation Declares Regular Quarterly Cash Dividend, Payable on May 31, 2024 Lindsay Corporation announced that its Board of Directors has declared a regular quarterly cash dividend of $0.35 per share, payable May 31, 2024, to shareholders of record at the close of business on May 17, 2024. Annuncio • Apr 04
Lindsay Corporation (NYSE:LNN) agreed to acquire 49.9% stake in Pessl Instruments GmbH. Lindsay Corporation (NYSE:LNN) agreed to acquire 49.9% stake in Pessl Instruments GmbH on April 3, 2024. The transaction is expected to close in the second half of fiscal 2024, subject to customary closing conditions including regulatory approvals. Annuncio • Mar 22
Lindsay Corporation to Report Q2, 2024 Results on Apr 04, 2024 Lindsay Corporation announced that they will report Q2, 2024 results at 9:30 AM, US Eastern Standard Time on Apr 04, 2024 Board Change • Mar 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Pablo Si was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Feb 07
Upcoming dividend of US$0.35 per share at 1.1% yield Eligible shareholders must have bought the stock before 14 February 2024. Payment date: 29 February 2024. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (2.8%). Annuncio • Jan 12
Lindsay Corporation Declares Regular Quarterly Cash Dividend, Payable on February 29, 2024 Lindsay Corporation announced that its Board of Directors has declared a regular quarterly cash dividend of $0.35 per share, payable on February 29, 2024, to shareholders of record at the close of business on February 15, 2024. Reported Earnings • Jan 05
First quarter 2024 earnings released: EPS: US$1.36 (vs US$1.66 in 1Q 2023) First quarter 2024 results: EPS: US$1.36 (down from US$1.66 in 1Q 2023). Revenue: US$161.4m (down 8.4% from 1Q 2023). Net income: US$15.0m (down 18% from 1Q 2023). Profit margin: 9.3% (down from 10% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Annuncio • Dec 22
Lindsay Corporation to Report Q1, 2024 Results on Jan 04, 2024 Lindsay Corporation announced that they will report Q1, 2024 results Pre-Market on Jan 04, 2024 Annuncio • Nov 22
Lindsay Corporation, Annual General Meeting, Jan 09, 2024 Lindsay Corporation, Annual General Meeting, Jan 09, 2024, at 08:30 Central Standard Time. Agenda: To discuss and elect two (2) directors for terms ending at the Fiscal 2027 Annual Meeting of Stockholders; to discuss and ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending August 31, 2024; to discuss and take a non-binding vote on a resolution to approve the compensation of the Company’s most highly paid executive officers; and to discuss and transact such other business as may properly come before the meeting or any adjournment or adjournments thereof. Upcoming Dividend • Nov 08
Upcoming dividend of US$0.35 per share at 1.1% yield Eligible shareholders must have bought the stock before 15 November 2023. Payment date: 30 November 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (3.0%). Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €119, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 10x in the Machinery industry in Germany. Total returns to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €155 per share. Reported Earnings • Oct 20
Full year 2023 earnings released: EPS: US$6.58 (vs US$5.97 in FY 2022) Full year 2023 results: EPS: US$6.58 (up from US$5.97 in FY 2022). Revenue: US$674.1m (down 13% from FY 2022). Net income: US$72.4m (up 11% from FY 2022). Profit margin: 11% (up from 8.5% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 06
Lindsay Corporation to Report Q4, 2023 Results on Oct 19, 2023 Lindsay Corporation announced that they will report Q4, 2023 results Pre-Market on Oct 19, 2023 Buying Opportunity • Sep 16
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 7.1%. The fair value is estimated to be €142, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 29%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings is also forecast to grow by 9.2% per annum over the same time period. Buying Opportunity • Aug 22
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €138, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 29%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings is also forecast to grow by 9.2% per annum over the same time period. Upcoming Dividend • Aug 09
Upcoming dividend of US$0.35 per share at 1.1% yield Eligible shareholders must have bought the stock before 16 August 2023. Payment date: 31 August 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.7%). Annuncio • Aug 01
Lindsay Corporation (NYSE:LNN) acquired FieldWise, LLC. Lindsay Corporation (NYSE:LNN) acquired FieldWise, LLC on July 31, 2023.Lindsay Corporation (NYSE:LNN) completed the acquisition of FieldWise, LLC on July 31, 2023. Annuncio • Jul 08
Lindsay Corporation Declares Regular Quarterly Cash Dividend, Payable August 31, 2023 Lindsay Corporation announced that its Board of Directors has declared a regular quarterly cash dividend of $0.35 per share, payable August 31, 2023, to shareholders of record at the close of business on August 17, 2023. This quarterly cash dividend rate represents a three percent increase to the previous quarterly indicated rate of $0.34 per share. The new annual indicated rate is $1.40 per share, up from the previous annual indicated rate of $1.36 per share. Reported Earnings • Jun 30
Third quarter 2023 earnings released: EPS: US$1.53 (vs US$2.28 in 3Q 2022) Third quarter 2023 results: EPS: US$1.53 (down from US$2.28 in 3Q 2022). Revenue: US$164.6m (down 23% from 3Q 2022). Net income: US$16.9m (down 33% from 3Q 2022). Profit margin: 10% (down from 12% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 16
Lindsay Corporation to Report Q3, 2023 Results on Jun 29, 2023 Lindsay Corporation announced that they will report Q3, 2023 results at 9:30 AM, US Eastern Standard Time on Jun 29, 2023 Upcoming Dividend • May 09
Upcoming dividend of US$0.34 per share at 1.1% yield Eligible shareholders must have bought the stock before 16 May 2023. Payment date: 31 May 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.8%). Buying Opportunity • Apr 06
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be €156, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 35%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings is also forecast to grow by 5.0% per annum over the same time period. Annuncio • Feb 16
Lindsay Corporation to Introduces the Tau-Xr™ to Its Mash Crash Cushion Lineup Lindsay Corporation announced the introduction of the TAU-XR, an easy-to-install and cost-effective–to–repair crash cushion that enables minimal downtime for workers to reset the crash cushion after an impact. The TAU-XR is a non-gating, redirective crash cushion designed to protect motorists from roadside barriers, bridge piers and other hazards up to 30 inches wide. The TAU-XR has a unique double–rail system that allows for easy, quick and cost-effective repairs. Annuncio • Feb 15
Lindsay Corporation Appointment of Brian Magnusson Senior Vice President, Strategy & Business Development Lindsay Corporation recently announced the appointment of Brian Magnusson as Senior Vice President, Strategy & Business Development. In this newly created role, Magnusson is responsible for accelerating Lindsay's strategic growth plan and value creation through enterprise-wide corporate strategies, including strategic partnerships and mergers and acquisitions. He reports to Lindsay's President and CEO, Randy Wood. Magnusson joined Lindsay in 2015 as Vice President of Technology and had responsibility for innovation and development of FieldNET and other digital products. Most recently he served as Vice President for North and South America Irrigation. Prior to Lindsay, Magnusson served as Global Director, Tractor Portfolio Management at CNH Industrial and as Case Team Leader with Bain & Company, advising executive teams at Fortune 500 corporations on strategic growth challenges. Upcoming Dividend • Feb 06
Upcoming dividend of US$0.34 per share at 0.9% yield Eligible shareholders must have bought the stock before 13 February 2023. Payment date: 28 February 2023. Payout ratio is a comfortable 19% and the cash payout ratio is 94%. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.4%). Annuncio • Jan 14
Lindsay Corporation Announces Quarterly Dividend, Payable February 28, 2023 Lindsay Corporation announced that its Board of Directors has declared a regular quarterly cash dividend of $0.34 per share, payable February 28, 2023, to shareholders of record at the close of business on February 14, 2023. Reported Earnings • Jan 06
First quarter 2023 earnings released: EPS: US$1.66 (vs US$0.72 in 1Q 2022) First quarter 2023 results: EPS: US$1.66 (up from US$0.72 in 1Q 2022). Revenue: US$176.2m (up 6.0% from 1Q 2022). Net income: US$18.2m (up 131% from 1Q 2022). Profit margin: 10% (up from 4.8% in 1Q 2022). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Annuncio • Jan 05
Lindsay Corporation Launches Next Generation Road Zipper Barrier Transfer Machine Lindsay Corporation announced the launch of its modernized Road Zipper - the barrier transfer machine that powers its product, the Road Zipper System. The machine also has ergonomic stair steps with stainless steel handrails for maximum stability as well as large doors at either end of the machine that allow easy access to its mid-section. Annuncio • Dec 23
Lindsay Corporation to Report Q1, 2023 Results on Jan 05, 2023 Lindsay Corporation announced that they will report Q1, 2023 results at 9:30 AM, US Eastern Standard Time on Jan 05, 2023 Annuncio • Nov 23
Lindsay Corporation, Annual General Meeting, Jan 10, 2023 Lindsay Corporation, Annual General Meeting, Jan 10, 2023, at 08:30 Central Standard Time. Agenda: Elect three (3) directors for terms ending at the Fiscal 2026 Annual Meeting of Stockholders; to ratify the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending August 31, 2023; to take a non-binding vote on a resolution to approve the compensation of the Company's most highly paid executive officers; to take a non-binding vote on whether a stockholder vote to approve the compensation of the Company's executive officers should be taken every year, every second year or every third year; and to transact such other business as may properly come before the meeting or any adjournment or adjournments thereof. Upcoming Dividend • Nov 08
Upcoming dividend of US$0.34 per share Eligible shareholders must have bought the stock before 15 November 2022. Payment date: 30 November 2022. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (2.9%). Annuncio • Oct 22
Lindsay Corporation Announces Quarterly Dividend, Payable on November 30, 2022 Lindsay Corporation announced that its Board of Directors has declared a regular quarterly cash dividend of $0.34 per share, payable November 30, 2022, to shareholders of record at the close of business on November 16, 2022. Reported Earnings • Oct 22
Full year 2022 earnings released: EPS: US$5.97 (vs US$3.91 in FY 2021) Full year 2022 results: EPS: US$5.97 (up from US$3.91 in FY 2021). Revenue: US$770.7m (up 36% from FY 2021). Net income: US$65.5m (up 54% from FY 2021). Profit margin: 8.5% (up from 7.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 07
Lindsay Corporation to Report Q4, 2022 Results on Oct 20, 2022 Lindsay Corporation announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Oct 20, 2022 Upcoming Dividend • Aug 09
Upcoming dividend of US$0.34 per share Eligible shareholders must have bought the stock before 16 August 2022. Payment date: 31 August 2022. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (2.6%). Reported Earnings • Jul 02
Third quarter 2022 earnings released: EPS: US$2.28 (vs US$1.63 in 3Q 2021) Third quarter 2022 results: EPS: US$2.28 (up from US$1.63 in 3Q 2021). Revenue: US$214.3m (up 32% from 3Q 2021). Net income: US$25.1m (up 41% from 3Q 2021). Profit margin: 12% (in line with 3Q 2021). Over the next year, revenue is forecast to grow 7.7%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Annuncio • Jul 02
Lindsay Corporation Declares Regular Quarterly Cash Dividend, Payable on August 31, 2022 Lindsay Corporation announced its Board of Directors has declared a regular quarterly cash dividend of $0.34 per share, payable August 31, 2022, to shareholders of record at the close of business on August 17, 2022. This quarterly cash dividend rate represents a 3.0% increase in the previous quarterly indicated rate of $0.33 per share. The new annual indicated rate is $1.36 per share, up from the previous annual indicated rate of $1.32 per share. Annuncio • Jun 17
Lindsay Corporation to Report Q3, 2022 Results on Jun 30, 2022 Lindsay Corporation announced that they will report Q3, 2022 results Pre-Market on Jun 30, 2022 Upcoming Dividend • May 09
Upcoming dividend of US$0.33 per share Eligible shareholders must have bought the stock before 16 May 2022. Payment date: 31 May 2022. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (2.5%). Recent Insider Transactions • Apr 12
President of Infrastructure Division recently sold €132k worth of stock On the 8th of April, James Marion sold around 985 shares on-market at roughly €134 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €245k more than they bought in the last 12 months. Annuncio • Apr 07
Lindsay Corporation Declares Quarterly Dividend, Payable on May 31, 2022 Lindsay Corporation announced that its Board of Directors has declared a regular quarterly cash dividend of $0.33 per share, payable May 31, 2022, to shareholders of record at the close of business on May 17, 2022. Reported Earnings • Apr 06
Second quarter 2022 earnings released: EPS: US$1.33 (vs US$1.09 in 2Q 2021) Second quarter 2022 results: EPS: US$1.33 (up from US$1.09 in 2Q 2021). Revenue: US$200.1m (up 39% from 2Q 2021). Net income: US$14.6m (up 23% from 2Q 2021). Profit margin: 7.3% (down from 8.3% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 7.1%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Annuncio • Mar 23
Lindsay Corporation to Report Q2, 2022 Results on Apr 05, 2022 Lindsay Corporation announced that they will report Q2, 2022 results Pre-Market on Apr 05, 2022 Upcoming Dividend • Feb 04
Upcoming dividend of US$0.33 per share Eligible shareholders must have bought the stock before 11 February 2022. Payment date: 28 February 2022. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.4%). In line with average of industry peers (1.2%). Reported Earnings • Jan 07
First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2022 results: EPS: US$0.72 (up from US$0.65 in 1Q 2021). Revenue: US$166.2m (up 53% from 1Q 2021). Net income: US$7.90m (up 11% from 1Q 2021). Profit margin: 4.8% (down from 6.5% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 18%. Over the next year, revenue is forecast to grow 7.0%, compared to a 9.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Nov 10
Independent Director recently sold €112k worth of stock On the 8th of November, Michael Nahl sold around 800 shares on-market at roughly €140 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.0m more than they bought in the last 12 months. Upcoming Dividend • Nov 08
Upcoming dividend of US$0.33 per share Eligible shareholders must have bought the stock before 15 November 2021. Payment date: 30 November 2021. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.0%).