Lindsay (LNN) AI Stock Analysis

• Market Cap: $1.52B
• Dividend Yield: 1.04%
• Average Volume (3M): 80.70K
• Price to Earnings (P/E): 20.1
• Beta (1Y): 0.64
• Revenue Growth: 9.46%
• EPS Growth: 5.91%
• Country: US
• Employees: 1,280
• Sector: Industrials
• Sector Strength: 70
• Industry: Agricultural - Machinery
• EPS (TTM): 1.78
• Shares Outstanding: 10,862,203
• 10 Day Avg. Volume: 84,978
• 30 Day Avg. Volume: 80,701
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.95
• Enterprise Value/Revenue: 2.14
• Enterprise Value/Gross Profit: 6.84
• Enterprise Value/Ebitda: 12.49
• 1Y Price Target: $147.00
• Price Target Upside: 5.14% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 74 Outperform
• Price Target: $158.00 ▲(13.01% Upside)

Lindsay's overall stock score of 74 reflects strong financial performance and positive earnings call insights, particularly in international markets. Technical analysis shows moderate bullish momentum, and the valuation is fair. Challenges in the domestic market and currency impacts are noted but are offset by operational efficiencies and strategic growth initiatives.

Positive Factors

International Revenue Growth

Significant international revenue growth, particularly in the MENA region and South America, indicates strong global market expansion and diversification, reducing reliance on domestic markets and enhancing long-term revenue stability.

Operational Efficiencies

Improved operational efficiencies and higher operating margins demonstrate effective cost management and strategic pricing, which can sustain profitability and competitive advantage in the long term.

Strong Balance Sheet

A strong balance sheet with low leverage provides financial flexibility and resilience, enabling the company to invest in growth opportunities and withstand economic fluctuations.

Negative Factors

Domestic Market Challenges

Limited growth in the domestic irrigation market due to softer demand in key agricultural sectors could constrain overall revenue growth and necessitate increased reliance on international markets.

Currency Headwinds

Currency fluctuations can impact international revenue, posing a risk to profitability and financial performance, especially in volatile markets, requiring effective hedging strategies.

Interest Rate Concerns in Brazil

High interest rates in Brazil could limit access to affordable capital, affecting investment and growth prospects in a key emerging market, potentially impacting long-term revenue growth.

Lindsay Business Overview & Revenue Model

Company Description

Lindsay Corporation (LNN) is a leading provider of irrigation and infrastructure solutions, operating primarily in the agricultural and municipal sectors. The company specializes in advanced irrigation systems, particularly center pivot and lateral move irrigation equipment, which optimize water usage for crop production. Additionally, Lindsay offers infrastructure products, including road safety and traffic management solutions, contributing to smart city developments. With a strong focus on innovation, Lindsay aims to enhance agricultural efficiency and support sustainable water management practices.

How the Company Makes Money

Lindsay generates revenue through multiple key streams, primarily from the sale of its irrigation equipment and systems, which constitute a significant portion of its income. The company's irrigation segment benefits from both the initial equipment sales and ongoing service agreements, ensuring continuous revenue from maintenance and support. Additionally, Lindsay's infrastructure solutions, including traffic management systems, provide another revenue stream through government contracts and partnerships with municipalities. The company also explores strategic partnerships and collaborations to expand its market reach and enhance product offerings, further driving its earnings.

Lindsay Financial Statement Overview

Summary

Lindsay demonstrates strong financial performance with steady revenue growth and robust profitability margins. The balance sheet is stable with low leverage and excellent cash flow management. Minor pressures on cost management and liabilities slightly detract from an otherwise strong financial health.

Income Statement

Lindsay demonstrates a strong financial performance with a steady increase in revenue, as seen with a 11.64% growth in TTM (Trailing-Twelve-Months) compared to the previous annual period. The gross profit margin is solid at 31.23%, and the net profit margin is healthy at 11.21%. Margins show profitability strength, with an EBIT margin of 13.32% and an EBITDA margin of 17.11%. However, the company saw a slight decrease in gross profit, indicating some pressure on cost management.

Balance Sheet

The balance sheet exhibits robust stability with a low debt-to-equity ratio of 0.26, indicating conservative leverage. The return on equity (ROE) is impressive at 14.37%, reflecting effective use of shareholder funds. The equity ratio stands at a strong 62.88%, suggesting a solid equity base. Minor increases in liabilities require monitoring, but overall, the financial health remains strong.

Cash Flow

Cash flow performance is notably strong, with a substantial 32.23% growth in free cash flow in TTM. The operating cash flow to net income ratio is 1.61, indicating efficient cash generation relative to profits. The free cash flow to net income ratio is 1.16, suggesting robust cash flow generation. The company effectively manages capital expenditures, enhancing its cash flow stability.

Breakdown	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	607.07M	674.08M	770.74M	567.65M	474.69M
Gross Profit	191.06M	213.01M	199.18M	150.21M	152.54M
EBITDA	99.98M	120.06M	107.64M	74.31M	73.00M
Net Income	66.26M	72.38M	65.47M	42.57M	38.63M
Balance Sheet
Total Assets	760.23M	745.66M	710.65M	637.18M	570.53M
Cash, Cash Equivalents and Short-Term Investments	190.88M	166.31M	116.51M	146.71M	140.91M
Total Debt	134.39M	136.11M	135.37M	134.03M	141.74M
Total Liabilities	279.34M	290.01M	317.30M	298.74M	272.01M
Stockholders Equity	480.89M	455.65M	393.36M	338.44M	298.52M
Cash Flow
Free Cash Flow	66.78M	100.93M	-12.55M	17.46M	24.59M
Operating Cash Flow	95.76M	119.71M	3.05M	43.97M	46.03M
Investing Cash Flow	-25.94M	-47.42M	-8.95M	-27.62M	-38.51M
Financing Cash Flow	-38.64M	-17.30M	-12.69M	-11.66M	-13.44M

Lindsay Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 139.81
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LNN, the sentiment is Positive. The current price of 139.81 is above the 20-day moving average (MA) of 139.24, above the 50-day MA of 138.30, and above the 200-day MA of 132.70, indicating a bullish trend. The MACD of 0.33 indicates Negative momentum. The RSI at 52.49 is Neutral, neither overbought nor oversold. The STOCH value of 76.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LNN.

Lindsay Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OSK	78 Outperform	$8.77B	13.75	15.52%	1.46%	0.41%	-3.90%
LNN	74 Outperform	$1.52B	20.08	15.06%	1.04%	9.46%	5.91%
ALG	68 Neutral	$2.48B	20.81	11.30%	0.56%	-4.91%	-7.08%
CAT	66 Neutral	$204.23B	22.17	52.73%	1.32%	-4.87%	-10.47%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
DE	63 Neutral	$126.81B	24.52	21.59%	1.35%	-20.63%	-34.82%
AGCO	60 Neutral	$8.19B	82.47	2.42%	1.38%	-24.27%	-76.31%

Lindsay Corporate Events

Lindsay Extends Revolving Credit Agreement to 2030

Lindsay Corporation has entered into a Fourth Amendment to its Revolving Credit Agreement with Wells Fargo Bank, extending the termination date of its $50 million unsecured revolving credit facility from August 26, 2026, to August 26, 2030. This amendment, along with the First Modification to the Line of Credit Note, reflects the company’s strategic move to secure long-term financial flexibility, potentially impacting its operational stability and market positioning positively.

The most recent analyst rating on (LNN) stock is a Buy with a $153.00 price target. To see the full list of analyst forecasts on Lindsay stock, see the LNN Stock Forecast page.

Lindsay Announces CFO Retirement Effective December 2025

On July 23, 2025, Lindsay Corporation announced the upcoming retirement of Brian L. Ketcham, the Senior Vice President and Chief Financial Officer, effective December 31, 2025. To ensure a smooth transition, Ketcham will provide consulting services until December 31, 2026, receiving compensation and benefits during this period. His leadership has been pivotal in strengthening Lindsay’s financial strategy and global capabilities, and the company is now searching for his successor.

The most recent analyst rating on (LNN) stock is a Hold with a $126.00 price target. To see the full list of analyst forecasts on Lindsay stock, see the LNN Stock Forecast page.