This summary was created by AI, based on 1 opinions in the last 12 months.
Experts agree that the drop in commodity prices has negatively impacted agricultural stocks, including Lindsay Corp. (LNN-N), as farmers are currently constrained in their purchasing power for irrigation equipment due to financial limitations. However, despite this short-term setback, experts believe LNN to be a long-term buy, with one of them even actively adding shares. They also highlight the quality of LNN's equipment. Overall, the sentiment is cautious due to the current economic conditions but optimistic for the future.
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-N on the New York Stock Exchange (LNN). It is usually referred to as NYSE:LNN or LNN-N
In the last year, 1 stock analyst published opinions about LNN-N. 1 analyst recommended to BUY the stock. 0 analysts 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 on . 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 2024-12-13, Lindsay Corp. (LNN-N) stock closed at a price of $130.66.
The drop in commodity prices has hurt agricultural stocks, because farmers lack the money to buy irrigation equipment. But it remains a long-term buy and he's been adding shares. LNN's equipment is very good.