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How to buy Lindsay Corporation stock
Learn how to easily invest in Lindsay Corporation stock.
Lindsay Corporation is a farm & heavy construction machinery business based in the US. Lindsay Corporation shares (LNN) are listed on the NYSE and all prices are listed in US Dollars. Lindsay Corporation employs 1,235 staff and has a trailing 12-month revenue of around $734.2 million.
How to buy shares in Lindsay Corporation
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – LNN – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
Lindsay Corporation stock price (NYSE: LNN)Use our graph to track the performance of LNN stocks over time.
Lindsay Corporation shares at a glance
|Latest market close||$143.95|
|52-week range||$116.53 - $171.69|
|50-day moving average||$154.02|
|200-day moving average||$141.48|
|Wall St. target price||$162.00|
|Dividend yield||$1.32 (0.9%)|
|Earnings per share (TTM)||$4.84|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Lindsay Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Lindsay Corporation price performance over time
|1 week (2022-09-19)||-6.47%|
|1 month (2022-08-26)||-11.58%|
|3 months (2022-06-24)||16.32%|
|6 months (2022-03-25)||-8.04%|
|1 year (2021-09-24)||-5.82%|
|2 years (2020-09-25)||50.69%|
|3 years (2019-09-26)||54.77%|
|5 years (2017-09-26)||56.91%|
Is Lindsay Corporation stock undervalued or overvalued?
Valuing Lindsay Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Lindsay Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Lindsay Corporation's P/E ratio
Lindsay Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 32x. In other words, Lindsay Corporation shares trade at around 32x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Lindsay Corporation's PEG ratio
Lindsay Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.1307. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Lindsay Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Lindsay Corporation's EBITDA
Lindsay Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $95.3 million.
The EBITDA is a measure of a Lindsay Corporation's overall financial performance and is widely used to measure a its profitability.
Lindsay Corporation financials
|Revenue TTM||$734.2 million|
|Operating margin TTM||10.33%|
|Gross profit TTM||$150.2 million|
|Return on assets TTM||7%|
|Return on equity TTM||14.88%|
|Market capitalisation||$1.7 billion|
TTM: trailing 12 months
Lindsay Corporation share dividends
Dividend payout ratio: 27.42% of net profits
Recently Lindsay Corporation has paid out, on average, around 27.42% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.9% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Lindsay Corporation shareholders could enjoy a 0.9% return on their shares, in the form of dividend payments. In Lindsay Corporation's case, that would currently equate to about $1.32 per share.
While Lindsay Corporation's payout ratio might seem fairly standard, it's worth remembering that Lindsay Corporation may be investing much of the rest of its net profits in future growth.
Lindsay Corporation's most recent dividend payout was on 30 August 2022. The latest dividend was paid out to all shareholders who bought their shares by 15 August 2022 (the "ex-dividend date").
Have Lindsay Corporation's shares ever split?
Lindsay Corporation's shares were split on a 3:2 basis on 15 June 1998. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Lindsay Corporation shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Lindsay Corporation shares which in turn could have impacted Lindsay Corporation's share price.
Lindsay Corporation share price volatility
Over the last 12 months, Lindsay Corporation's shares have ranged in value from as little as $116.5334 up to $171.69. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Lindsay Corporation's is 0.5054. This would suggest that Lindsay Corporation's shares are less volatile than average (for this exchange).
Lindsay Corporation overview
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, Irrigation and Infrastructure. The Irrigation segment manufactures 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 also offers repair and replacement parts for its irrigation systems and controls; global positioning system positioning and guidance, variable rate irrigation, wireless irrigation management, irrigation scheduling, and smartphone applications; and industrial Internet of Things technology solutions, data acquisition and management systems, and custom electronic equipment for applications under the Elecsys brand. The Infrastructure segment provides Quickchange moveable barrier systems that help in highway reconstruction, paving and resurfacing, road widening, median and shoulder construction, and tunnels and bridge repairs; and re-directive and non-re-directive crash cushions, which are used to enhance highway safety at locations, such as toll booths, freeway off-ramps, medians and roadside barrier ends, bridge supports, utility poles, and other fixed roadway hazards. It also offers specialty barrier products; road marking and road safety equipment; and railroad signals and structures, and diameter steel tubing products, as well as outsourced manufacturing and production services for other companies. The company serves departments of transportation, municipal transportation road agencies, roadway contractors, subcontractors, distributors, and dealers.
Lindsay Corporation in the news
Tetra Tech (TTEK) Wins Contract From USTDA to Optimize Airspace
Will Cintas (CTAS) Disappoint in Q1 Earnings on Cost Woes?
Can Lindsay (LNN) Keep the Earnings Surprise Streak Alive?
Frequently asked questionsWhat percentage of Lindsay Corporation is owned by insiders or institutions?
Currently 0.72% of Lindsay Corporation shares are held by insiders and 93.9% by institutions. How many people work for Lindsay Corporation?
Latest data suggests 1,235 work at Lindsay Corporation. When does the fiscal year end for Lindsay Corporation?
Lindsay Corporation's fiscal year ends in August. Where is Lindsay Corporation based?
Lindsay Corporation's address is: 18135 Burke Street, Omaha, NE, United States, 68022 What is Lindsay Corporation's ISIN number?
Lindsay Corporation's international securities identification number is: US5355551061 What is Lindsay Corporation's CUSIP number?
Lindsay Corporation's Committee on Uniform Securities Identification Procedures number is: 535555106
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