Lindsay Corporation

Lindsay Corporation

LNNยทNYSE

$113.28

-0.20%
IndustrialsAgricultural - Machinery

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 was founded in 1954 and is headquartered in Omaha, Nebraska.

At a Glance

Live Snapshot
Market Cap$1.18B
EPS6.8200
P/E Ratio16.61
Earnings Date06/25/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is mid-range (P/E 16.6).

Valuation inputs: P/E 16.6, earnings yield +6.0%, momentum -0.2%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is acceptable (ROE +13.9%, ROIC +9.8%).

Profitability stack: net margin +10.9%, ROE +13.9%, ROIC +9.8%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +36.6%, momentum -0.2%, net margin +10.9%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Lindsay Corporation Market vs Earnings Trajectory

LNN ยท NYSE

Loading price and EPS data...

Lindsay Corporation

Lindsay Corporation Fair Value Envelope

LNN ยท NYSE

Our analysis suggests that LNN has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $113.28, this represents a potential HIDDEN relative to our calculated worth for Lindsay Corporation.

Intrinsic Value
Current Price: $113.28
3Y+14.0%
5Y+91.0%
10Y+267.0%
3Y-12.0%
5Y+42.0%
10Y+31.0%
3Y+13.0%
5Y+92.0%
10Y+265.0%
3Y+4261.0%
5Y+189.0%
10Y+302.0%
3Y-821.0%
5Y+268.0%
10Y+319.0%
3Y+18.0%
5Y+47.0%
10Y+68.0%
Lindsay Corporation

Lindsay Corporation Profit Bridge

LNN ยท NYSE
Revenue676.37M
Cost of Goods Sold (465.59M)
Gross Profit210.78M
Operating Expenses (122.66M)
Operating Income88.12M
Interest Expense (1.83M)
Other Income/Expense6.46M
Pretax Income94.58M
Income Tax (20.53M)
Net Income74.05M
Net Income
74.05M

Profitability Analysis

Gross Margin

31.2%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

13.0%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

10.9%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

21.7%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.

31.16%
Gross Profit Margin
-1%
3Y+21.0%
5Y-3.0%
10Y+8.0%
13.03%
Operating Profit Margin
3%
3Y+6.0%
5Y+14.0%
10Y+96.0%
10.95%
Net Profit Margin
3Y+29.0%
5Y+35.0%
10Y+179.0%
13.90%
Return on Equity
1%
3Y-17.0%
5Y+7.0%
10Y+73.0%
8.81%
Return on Assets
1%
3Y-4.0%
5Y+30.0%
10Y+117.0%
9.83%
Return on Invested Capital
-2%
3Y-23.0%
5Y+9.0%
10Y+70.0%
LNN

Lindsay Corporation Cash Conversion Engine

LNN ยท NYSE
Net Income74.05M
Depreciation & Amortization20.90M
Stock-Based Compensation8.06M
Change in Working Capital33.00M
Others-1.66M
Capital Expenditures-42.50M
Free Cash Flow90.41M

Cash Flow Quality Analysis

FCF Conversion Rate

122.1%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

32.0%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

+35.4%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$33.00M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

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Lindsay Corporation Funding & Solvency Profile

LNN ยท NYSE
Cash & Cash Equivalents186.11M
Net Receivables136.06M
Inventory144.58M
Other Current Assets32.46M
Total Current Assets499 M
Property, Plant & Equipment182.93M
Goodwill & Intangible Assets107.55M
Long-Term Investments8.40M
Other Non-Current Assets16.71M
Total Non-Current Assets208 M
Total Assets
837.68M

Financial Health Analysis

Current Ratio

3.02x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.65x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

334 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

60% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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Lindsay Corporation Street Expectations Map

LNN ยท NYSE

Wall Street analysts project that LNN stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 128.00, with estimates ranging from a low of 128.00 to a high of 128.00.

Lowest Target
128.00
12.99%
Consensus Target
128.00
12.99%
Highest Target
128.00
12.99%

The consensus 1-year price target stands at 128.00, with estimates ranging from a low of 128.00 to a high of 128.00.

Analyst Consensus Analysis

Upside Potential

+13.0%

Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Lindsay Corporation Insider Positioning

LNN ยท NYSE

During the last 12 months, insiders have purchased $487K and sold $264K worth of LNN shares, resulting in $223K of net buying activity.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

4.3K

486.70K

Sold

0

0.00

Net Activity

+487K

+$487K

9-12 Months

Bought

0

0.00

Sold

1.9K

263.70K

Net Activity

-264K

-$264K

Top Buyers

1
HSS

Hinrichsen Samuel S

Officer: Senior Vice President

4.3K sharesโ€ข1 transactions

$487K

Top Sellers

1
BRE

Brunner Robert E

Director

1.9K sharesโ€ข1 transactions

$264K

Insider Activity Analysis

Net Insider Sentiment

Bullish

Moderately bullish with $223K net buying. Insiders show cautious optimism through measured share purchases.

Buy/Sell Ratio

1.85:1

Positive buy/sell ratio. Buying exceeds or matches selling, indicating net positive insider sentiment.

Insider Participation

Balanced

1 insider buyers and 1 sellers. Equal participation suggests mixed or neutral insider views.

0.27%
Dividend Yield
-14%
3Y+20.0%
5Y+41.0%
10Y-31.0%
ย 

lnn Dividend History

LNN
10Y CAGR +3%
Latest $0.37
Annual $1.84
5 year growth trend
Last Period: +0%