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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 experienced mixed performance underpinned by its innovative use of satellite technology for irrigation line positioning. While this technology showed promise in the United States, the company has faced significant challenges in international markets, particularly in Brazil, which negatively impacted overall growth. The construction segment has demonstrated weakness, reflecting a broader drop in infrastructure demand despite increased spending in the U.S. This has led to a lack of filtering benefits into the company's core operations. As a result, the company has not met performance expectations, prompting the decision to liquidate holdings while awaiting better investment opportunities. Overall, the outlook for Lindsay Corp. remains uncertain 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 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 . 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 Lindsay Corp..
Lindsay Corp. is followed by 21 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-18, Lindsay Corp. (LNN) stock closed at a price of $118.78.
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.