Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. More Details
No risks detected for LNN from our risk checks.
Flawless balance sheet with proven track record and pays a dividend.
Share Price & News
How has Lindsay's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LNN is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: LNN's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: LNN exceeded the US Machinery industry which returned 17.4% over the past year.
Return vs Market: LNN exceeded the US Market which returned 19.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Lindsay's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWhy You Might Be Interested In Lindsay Corporation (NYSE:LNN) For Its Upcoming Dividend
4 weeks ago | Simply Wall StResults: Lindsay Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
1 month ago | Simply Wall StRead This Before Buying Lindsay Corporation (NYSE:LNN) For Its Dividend
Is Lindsay undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LNN ($113.79) is trading above our estimate of fair value ($75.22)
Significantly Below Fair Value: LNN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LNN is poor value based on its PE Ratio (31.9x) compared to the US Machinery industry average (28.9x).
PE vs Market: LNN is poor value based on its PE Ratio (31.9x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: LNN is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: LNN is overvalued based on its PB Ratio (4.1x) compared to the US Machinery industry average (2.6x).
How is Lindsay forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LNN's forecast earnings growth (10.1% per year) is above the savings rate (2.2%).
Earnings vs Market: LNN's earnings (10.1% per year) are forecast to grow slower than the US market (21.9% per year).
High Growth Earnings: LNN's earnings are forecast to grow, but not significantly.
Revenue vs Market: LNN's revenue (4.5% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: LNN's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LNN's Return on Equity is forecast to be high in 3 years time
How has Lindsay performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LNN has high quality earnings.
Growing Profit Margin: LNN's current net profit margins (8.1%) are higher than last year (0.5%).
Past Earnings Growth Analysis
Earnings Trend: LNN's earnings have declined by 1.5% per year over the past 5 years.
Accelerating Growth: LNN's earnings growth over the past year (1616.6%) exceeds its 5-year average (-1.5% per year).
Earnings vs Industry: LNN earnings growth over the past year (1616.6%) exceeded the Machinery industry -15.7%.
Return on Equity
High ROE: LNN's Return on Equity (12.9%) is considered low.
How is Lindsay's financial position?
Financial Position Analysis
Short Term Liabilities: LNN's short term assets ($347.9M) exceed its short term liabilities ($102.4M).
Long Term Liabilities: LNN's short term assets ($347.9M) exceed its long term liabilities ($169.6M).
Debt to Equity History and Analysis
Debt Level: LNN's debt to equity ratio (38.8%) is considered satisfactory.
Reducing Debt: LNN's debt to equity ratio has reduced from 40.7% to 38.8% over the past 5 years.
Debt Coverage: LNN's debt is well covered by operating cash flow (39.7%).
Interest Coverage: LNN's interest payments on its debt are well covered by EBIT (19.3x coverage).
What is Lindsay current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LNN's dividend (1.12%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: LNN's dividend (1.12%) is low compared to the top 25% of dividend payers in the US market (4.2%).
Stability and Growth of Payments
Stable Dividend: LNN's dividends per share have been stable in the past 10 years.
Growing Dividend: LNN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.3%), LNN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LNN's dividends in 3 years are forecast to be well covered by earnings (28.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tim Hassinger (58 yo)
Mr. Timothy L. Hassinger, also known as Tim, has been the Chief Executive Officer and President of Lindsay Corporation since October 16, 2017. Mr. Hassinger served as the Chief Executive Officer and Presid...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD4.27M) is about average for companies of similar size in the US market ($USD4.24M).
Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.
|Senior VP & CFO||4.58yrs||US$948.60k||0.047% |
|Chief Operating Officer||0.17yr||US$923.80k||0.10% |
|President of Infrastructure Division||4.5yrs||US$702.33k||0.042% |
|Chief Accounting Officer & Corporate Controller||9.25yrs||no data||no data|
|Senior VP & Chief Information Officer||7.92yrs||no data||no data|
|Senior VP||12.58yrs||no data||no data|
|Senior VP of Human Resources & Chief Diversity Officer||2.83yrs||no data||no data|
|President of Irrigation Division||0.17yr||no data||0.012% |
|Senior Vice President of Global Operations||1yr||no data||no data|
|Assistant General Counsel||no data||no data||no data|
Experienced Management: LNN's management team is considered experienced (3.8 years average tenure).
|Independent Chairman of the Board||5.83yrs||US$210.00k||0.051% |
|Independent Director||6yrs||US$158.00k||0.045% |
|Independent Director||11.75yrs||US$160.00k||0.080% |
|Independent Director||21.83yrs||US$163.69k||0.21% |
|Independent Director||7.42yrs||US$163.00k||0.056% |
|Independent Director||2.75yrs||US$155.00k||0.017% |
|Independent Director||1.92yrs||US$135.28k||0.0086% |
Experienced Board: LNN's board of directors are considered experienced (5.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Lindsay Corporation's company bio, employee growth, exchange listings and data sources
- Name: Lindsay Corporation
- Ticker: LNN
- Exchange: NYSE
- Founded: 1954
- Industry: Agricultural and Farm Machinery
- Sector: Capital Goods
- Market Cap: US$1.233b
- Shares outstanding: 10.83m
- Website: https://www.lindsay.com
Number of Employees
- Lindsay Corporation
- 18135 Burke Street
- Suite 100
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LNN||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Oct 1988|
|LMF||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Oct 1988|
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, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/22 23:45|
|End of Day Share Price||2020/11/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.