EPS for Lindsay Corporation (LNN) Expected At $1.39

June 24, 2018 - By Migdalia James

Investors sentiment decreased to 0.93 in Q1 2018. Its down 0.27, from 1.2 in 2017Q4. It worsened, as 15 investors sold Lindsay Corporation shares while 45 reduced holdings. 15 funds opened positions while 41 raised stakes. 9.58 million shares or 1.41% less from 9.71 million shares in 2017Q4 were reported.
Tower Research Capital Limited Liability Com (Trc), a New York-based fund reported 406 shares. 739 are owned by Public Employees Retirement System Of Ohio. Credit Suisse Ag invested in 10,830 shares or 0% of the stock. Tompkins Fincl invested in 0.01% or 550 shares. 2,368 were reported by Teacher Retirement Of Texas. King Luther has 86,225 shares. Moreover, American Rech And has 0% invested in Lindsay Corporation (NYSE:LNN). Huntington Retail Bank holds 0% or 81 shares. 280,387 were reported by Invesco Limited. Rhumbline Advisers invested in 0% or 24,833 shares. Wells Fargo And Co Mn holds 0% of its portfolio in Lindsay Corporation (NYSE:LNN) for 24,042 shares. Moreover, Impax Asset Management has 1.54% invested in Lindsay Corporation (NYSE:LNN) for 633,849 shares. Voya Invest Mngmt Ltd Liability Co has invested 0.07% in Lindsay Corporation (NYSE:LNN). Prudential Fin Inc invested in 0% or 19,056 shares. Employees Retirement Association Of Colorado reported 0% stake.

Since February 2, 2018, it had 0 buys, and 1 sale for $270,160 activity.

Analysts expect Lindsay Corporation (NYSE:LNN) to report $1.39 EPS on July, 5.They anticipate $0.37 EPS change or 36.27 % from last quarter’s $1.02 EPS. LNN’s profit would be $14.95M giving it 17.60 P/E if the $1.39 EPS is correct. After having $0.56 EPS previously, Lindsay Corporation’s analysts see 148.21 % EPS growth. The stock increased 0.15% or $0.15 during the last trading session, reaching $97.88. About 116,596 shares traded or 43.55% up from the average. Lindsay Corporation (NYSE:LNN) has risen 18.32% since June 24, 2017 and is uptrending. It has outperformed by 5.75% the S&P500.

Lindsay Corporation (NYSE:LNN) Ratings Coverage

Among 4 analysts covering Lindsay Corp (NYSE:LNN), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Lindsay Corp has $13200 highest and $84.0 lowest target. $103.33’s average target is 5.57% above currents $97.88 stock price. Lindsay Corp had 4 analyst reports since February 5, 2018 according to SRatingsIntel. The firm has “Buy” rating by Boenning & Scattergood given on Thursday, March 29. Stifel Nicolaus maintained the shares of LNN in report on Sunday, April 1 with “Hold” rating. The firm has “Hold” rating given on Monday, April 2 by Seaport Global. Piper Jaffray maintained the shares of LNN in report on Monday, February 5 with “Hold” rating.

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 $1.05 billion. 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 47.17 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 recent Lindsay Corporation (NYSE:LNN) news were published by: Prnewswire.com which released: “New FieldNET® Modem Will Support 4G LTE Technology” on May 30, 2018. Also Prnewswire.com published the news titled: “Lindsay Corporation and Farmers Edge Announce Global Partnership to Accelerate Digital Transformation on the Farm” on June 07, 2018. Globenewswire.com‘s news article titled: “Research Report Identifies Cooper-Standard, Shell Midstream Partners, Lindsay, XO Group, Balchem, and Ares …” with publication date: June 22, 2018 was also an interesting one.

Lindsay Corporation (NYSE:LNN) Institutional Positions Chart

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