
NYSE:LNN
This summary was created by AI, based on 1 opinions in the last 12 months.
Lindsay Corp. (LNN-N) has faced challenges in its operations, particularly with its satellite technology for irrigation positioning, which has shown mixed results in different markets. While the technology performed adequately in the U.S., it struggled to gain traction in Brazil. Furthermore, the company's construction segment has been underperforming due to a lack of demand, as U.S. infrastructure spending has not translated into meaningful contract opportunities for this sector. As a result of these challenges and performance issues, the company represented a poor investment, prompting a decision to sell shares. Currently, the management is sitting on the proceeds from the sale, awaiting better investment opportunities amidst a declining market for infrastructure-related businesses.
Water irrigation equipment. Commodity prices are low, so farmers aren't buying systems. Satellite technology makes targeted irrigation cheaper. Road infrastructure business fairly stable. Capped costs. Earnings margins have gone up, so cashflow can be allocated to a higher dividend, R&D, and tuck-in acquisitions.
Serial acquirers tend to do better than the indices over a 10-20 year time horizon, and that's his focus.
His resource of choice is water and wastewater. This company is into irrigation equipment. They've been able to advance, through technology, to have satellite shots of irrigation equipment so it can be controlled anywhere on the farm. 60% of sales are in the US and 40% is international, particularly in Brazil. Dividend yield of 1.4%. (Analysts price target is $83.)
Lindsay Corp. is a American stock, trading under the symbol LNN (previously LNN-N on Stockchase) on the New York Stock Exchange (LNN). It is usually referred to as NYSE:LNN or LNN
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on LNN (previously LNN-N on Stockchase). 0 analysts recommended to BUY and 1 analyst recommended to SELL the stock. The latest stock analyst rating is SELL. Read the latest stock experts' ratings for Lindsay Corp..
Lindsay Corp. was recommended as a Top Pick by David Driscoll on 2025-11-21. Read the latest stock experts ratings for Lindsay Corp..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Lindsay Corp..
Lindsay Corp. is followed by 21 investors on Stockchase and is a trending stock that is worth watching.
On 2026-09-03, Lindsay Corp. (LNN) stock closed at a price of $122.85.
Using satellite technology to effectively position irrigation lines -- did OK in US, but struggled in Brazil. Construction business has been weakening, as demand hasn't been there. US spending hasn't been filtering down to this type of infrastructure.
Just wasn't performing, he ended up selling. Still sitting on the proceeds, waiting for opportunities.