LNN Stock Analysis: Lindsay | NYSE
Farm & Heavy Construction Machinery | NYSE, USA | Market Cap: 1.131m USD | 12M Return: -18.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 21.5M
EPS Trend: -34.5%
Qual. Beats: 0
Rev. Trend: -1.3%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Lindsay Corporation (NYSE: LNN) is a U.S.-based industrial company headquartered in Omaha, Nebraska, operating two business segments: Irrigation and Infrastructure. Founded in 1955, the company has been publicly traded since 1988 and falls within the Industrials sector, specifically the Agricultural & Farm Machinery sub-industry.
The Irrigation segment is the larger and more established business, designing and manufacturing center pivot and lateral move irrigation systems under the Zimmatic brand, along with hose reel travelers (Perrot brand) and a range of precision agriculture technologies including variable rate irrigation systems, soil moisture sensors, weather stations, and remote monitoring controls. It also sells repair parts and steel tubing, and provides Industrial Internet of Things solutions under the Elecsys brand. This segment directly serves the agricultural sector, helping farmers optimize water use efficiency, which is an increasingly critical capability in water-scarce regions.
The Infrastructure segment focuses on road safety and traffic management products, including the Road Zipper System (moveable concrete and steel barriers that can be repositioned to reconfigure lane usage), crash cushions, end terminals, specialty barriers, and preformed road marking tape. It also supplies rail-related products such as signals, structures, and signs. The segments products primarily address highway construction, maintenance, and roadway safety needs, typically sold to transportation departments and contractors.
Lindsay operates both domestically and internationally, with the Irrigation segment accounting for the majority of revenue and the Infrastructure segment providing a smaller, counter-cyclical source of demand tied to public infrastructure spending.
- US farm income and commodity prices drive irrigation system demand
- Federal infrastructure bill boosts Road Zipper barrier sales
- Steel input cost inflation pressures equipment manufacturing margins
| Net Income: 55.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -5.03 > 1.0 |
| NWC/Revenue: 50.44% < 20% (prev 58.57%; Δ -8.13% < -1%) |
| CFO/TA 0.12 > 3% & CFO 94.7m > Net Income 55.2m |
| Net Debt (6.00m) to EBITDA (84.7m): 0.07 < 3 |
| Current Ratio: 2.93 > 1.5 & < 3 |
| Outstanding Shares: last quarter (10.5m) vs 12m ago -3.86% < -2% |
| Gross Margin: 29.46% > 18% (prev 31.24%; Δ -1.78% > 0.5%) |
| Asset Turnover: 75.53% > 50% (prev 80.61%; Δ -5.08% > 0%) |
| Interest Coverage Ratio: 34.07 > 6 (EBIT TTM 62.5m / Interest Expense TTM 1.83m) |
| A: 0.39 (Total Current Assets 480.4m - Total Current Liabilities 163.7m) / Total Assets 821.6m |
| B: 0.95 (Retained Earnings 778.3m / Total Assets 821.6m) |
| C: 0.08 (EBIT TTM 62.5m / Avg Total Assets 831.3m) |
| D: 1.55 (Book Value of Equity 499.1m / Total Liabilities 322.5m) |
| Altman-Z'' = 7.75 = AAA |
| DSRI: 1.02 (Receivables 139.1m/147.8m, Revenue 627.9m/677.8m) |
| GMI: 1.06 (GM 31.24% / 29.46%) |
| AQI: 1.09 (AQ_t 0.19 / AQ_t-1 0.17) |
| SGI: 0.93 (Revenue 627.9m / 677.8m) |
| TATA: -0.05 (NI 55.2m - CFO 94.7m) / TA 821.6m) |
| Beneish M = -2.97 (Cap -4..+1) = A |
As of July 11, 2026, the stock is trading at USD 113.82 with a total of 152,437 shares traded. Over the past week, the price has changed by -6.80%, over one month by +0.95%, over three months by +3.67% and over the past year by -18.11%.
Current recommended Stop Loss: 102.50 (which is 9.9% or 2.8 ATR below the current price).
Lindsay has received a consensus analysts rating of 3.50. Therefore, it is recommended to hold LNN.
- StrongBuy: 1
- Buy: 0
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 135.5 | 19% |
P/E Trailing = 21.3397
P/E Forward = 22.2222
P/S = 1.8007
P/B = 2.2646
P/EG = 1.1698
Revenue TTM = 627.9m USD
EBIT TTM = 62.5m USD
EBITDA TTM = 84.7m USD
Long Term Debt = 114.8m USD (from longTermDebt, last quarter)
Short Term Debt = 4.22m USD (from shortTermDebt, last quarter)
Debt = 160.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 22.9m
Net Debt = 6.00m USD (calculated: Debt 160.8m - CCE 154.8m)
Enterprise Value = 1.14b USD (1.13b + Debt 160.8m - CCE 154.8m)
Interest Coverage Ratio = 34.07 (Ebit TTM 62.5m / Interest Expense TTM 1.83m)
EV/FCF = 25.31x (Enterprise Value 1.14b / FCF TTM 44.9m)
FCF Yield = 3.95% (FCF TTM 44.9m / Enterprise Value 1.14b)
FCF Margin = 7.15% (FCF TTM 44.9m / Revenue TTM 627.9m)
Net Margin = 8.79% (Net Income TTM 55.2m / Revenue TTM 627.9m)
Gross Margin = 29.46% ((Revenue TTM 627.9m - Cost of Revenue TTM 442.9m) / Revenue TTM)
Gross Margin QoQ = 29.75% (prev 26.85%)
Tobins Q-Ratio = 1.38 (Enterprise Value 1.14b / Total Assets 821.6m)
Interest Expense / Debt = 1.14% (Interest Expense 1.83m / Debt 160.8m)
Taxrate = 22.96% (16.5m / 71.7m)
NOPAT = 48.1m (EBIT 62.5m * (1 - 22.96%))
Current Ratio = 2.93 (Total Current Assets 480.4m / Total Current Liabilities 163.7m)
Debt / Equity = 0.32 (Debt 160.8m / totalStockholderEquity, last quarter 499.1m)
Debt / EBITDA = 0.07 (Net Debt 6.00m / EBITDA 84.7m)
Debt / FCF = 0.13 (Net Debt 6.00m / FCF TTM 44.9m)
Total Stockholder Equity = 514.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.64% (Net Income 55.2m / Total Assets 821.6m)
RoE = 10.73% (Net Income TTM 55.2m / Total Stockholder Equity 514.5m)
RoCE = 9.93% (EBIT 62.5m / Capital Employed (Equity 514.5m + L.T.Debt 114.8m))
RoIC = 7.63% (NOPAT 48.1m / Invested Capital 630.8m)
WACC = 7.50% (E(1.13b)/V(1.29b) * Re(8.44%) + D(160.8m)/V(1.29b) * Rd(1.14%) * (1-Tc(0.23)))
Discount Rate = 8.44% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -77.78 | Cagr: -2.30%
[DCF] Terminal Value 73.10% ; FCFF base≈62.3m ; Y1≈54.6m ; Y5≈44.1m
[DCF] Fair Price = 69.03 (EV 708.0m - Net Debt 6.00m = Equity 702.0m / Shares 10.2m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -34.49 | EPS CAGR: -3.48% | SUE: 0.31 | # QB: 0
Revenue Correlation: -1.30 | Revenue CAGR: -0.06% | SUE: 0.30 | # QB: 0
EPS current Year (2026-08-31): EPS=5.26 | Chg30d=+3.54% | Revisions=-50% | GrowthEPS=-22.4% | GrowthRev=-7.4%
EPS next Year (2027-08-31): EPS=6.05 | Chg30d=-4.58% | Revisions=-17% | GrowthEPS=+15.0% | GrowthRev=+3.2%
[Analyst] Revisions Ratio: -44% (up=1, down=5)