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NYSE:LNN
This summary was created by AI, based on 1 opinions in the last 12 months.
Lindsay Corp. (LNN-N) has faced a mixed performance in recent times. While the company has made strides in utilizing satellite technology to optimize irrigation line placement, its success has been notably limited in markets like Brazil. The construction sector, a key part of its business, is experiencing a downturn, as there appears to be insufficient demand for infrastructure projects in the U.S. This has impacted the company's overall performance, leading to a decision to sell stakes in the company. Currently, the previous owner is holding onto the proceeds, looking for more promising investment opportunities in the future. Overall, uncertainty surrounds the company as it navigates these challenges.
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 published opinions about LNN (previously LNN-N on Stockchase). 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Lindsay Corp..
Lindsay Corp. was recommended as a Top Pick by Peter Brieger on 2009-09-10. 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 help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Lindsay Corp. in the last year. It is a trending stock that is worth watching.
On 2026-06-11, Lindsay Corp. (LNN) stock closed at a price of $114.68.
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.