| Market cap | $1.78B |
|---|---|
| Enterprise value | $1.25B |
| Revenue | $644.561M |
|---|---|
| EBITDA | $113.654M |
| Income | $69.252M |
| Revenue Q/Q | -8.86% |
| Revenue Y/Y | -13.70% |
| P/E | 18.64 |
|---|---|
| Forward P/E | 16.13 |
| EV/Sales | 1.94 |
| EV/EBITDA | 11.02 |
| EV/EBIT | 12.80 |
| PEG | 1.31 |
| Price/Sales | 2.77 |
| P/FCF | 19.06 |
| Price/Book | 3.92 |
| Book/Share | 29.88 |
| Cash/Share | 10.91 |
| FCF yield | 5.25% |
| Volume | 88.903k / 78.000k |
|---|---|
| Relative vol. | 1.14 × |
| EPS | 6.28 |
|---|---|
| EPS Q/Q | 205.66% |
| Est. EPS Q/Q | 63.89% |
| Profit margin | 10.74% |
|---|---|
| Oper. margin | 14.50% |
| Gross margin | 31.60% |
| EBIT margin | 15.19% |
| EBITDA margin | 17.63% |
| Ret. on assets | 9.24% |
|---|---|
| Ret. on equity | 15.04% |
| ROIC | 14.31% |
| ROCE | 15.39% |
| Debt/Equity | 0.64 |
|---|---|
| Net debt/EBITDA | -0.92 |
| Current ratio | 3.87 |
| Quick ratio | 2.58 |
| Volatility | 2.09% |
|---|---|
| Beta | 0.78 |
| RSI | 54.13 |
|---|
| Insider ownership | 0.72% |
|---|---|
| Inst. ownership | 93.70% |
| Shares outst. | 11.038M |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 2.29% |
| Short ratio | 3.45 |
| Dividend | $1.40 |
|---|---|
| Dividend yield | 1.20% |
| Payout ratio | 22.29% |
| Payment date | N/A |
| Ex-dividend date | N/A |
| Earnings date | 27 Jun 2024 |
Friday, 5 April 2024
|
|
| Lindsay Corp Q2 2024 Earnings Call Transcript Highlights: Navigating Market Challenges ... | |
Friday, 20 October 2023
|
|
| Lindsay Corporation Announces Quarterly Cash Dividend | |
Sunday, 15 October 2023
|
|
| Is Now The Time To Put Lindsay On Your Watchlist? | |
Friday, 7 July 2023
|
|
| Lindsay Corporation Increases Quarterly Cash Dividend | |
Friday, 30 June 2023
|
|
| Lindsay Corporation Q3 2023 Earnings Call Transcript | |
Friday, 21 October 2022
|
|
| Lindsay Corporation Announces Quarterly Dividend | |
Wednesday, 17 August 2022
|
|
| Lindsay Corporation to Present at the Midwest IDEAS Conference | |
Sunday, 8 May 2022
|
|
| Lindsay Will Pay A Dividend Of US$0.33 | |
Saturday, 9 April 2022
|
|
| Lindsay Is Due To Pay A Dividend Of US$0.33 | |
Friday, 8 April 2022
|
|
| 11 Companies in Focus After Posting Their Financial Results | |
Thursday, 16 December 2021
|
|
| Nordson Misses Q4 Earnings and Revenue Estimates | |
Monday, 30 August 2021
|
|
| New Customer-centric Irrigation Innovations on Display for the First Time at Upcoming Fall Farm Shows | |
Wednesday, 18 August 2021
|
|
| Lindsay Corporation to Present at the Virtual Midwest IDEAS Conference | |
Tuesday, 20 July 2021
|
|
| Century Extends Power Contract for Grundartangi Smelter | |
Monday, 19 July 2021
|
|
| AGCO Corp Gains On Farm Equipment Demand & Investments | |
Thursday, 8 July 2021
|
|
| Lindsay Senior Product Manager Named Innovator of the Year by the Irrigation Association | |
Monday, 5 July 2021
|
|
| Why Hold Strategy is Apt for Dover Stock Right Now | |
Friday, 2 July 2021
|
|
| Packaging to Offset Weakness in TriMas' Other Markets | |
Thursday, 1 July 2021
|
|
| Lindsay Corp Q3 2021 Earnings Call Transcript | |
| 4 Farm Equipment Stocks to Buy as Soybean, Corn Prices Gain | |
Tuesday, 6 April 2021
|
|
| Lindsay Corp Q2 2021 Earnings Call Transcript | |
| Lindsay Corporation Reports Fiscal 2021 Second Quarter Results | |
Monday, 5 April 2021
|
|
| Lindsay Corporation Increases Cash Dividend | |
Tuesday, 23 March 2021
|
|
| Lindsay Corporation Announces Fiscal 2021 Second Quarter Earnings Conference Call and Webcast | |
| Insider |
Trans.
Transaction
|
Total value |
|---|---|---|
| Si Pablo Di | Buy 7 Aug 2023 | $14,275 |
| James Scott Marion President - Infrastructure | Option 3 Aug 2023 | $31,541 |
| James Scott Marion President - Infrastructure | Sale 8 Apr 2022 | $283,989 |
| Michael Nahl Director | Sale 8 Nov 2021 | $130,256 |
| Michael Christodolou | Sale 25 Jan 2021 | $438,660 |
| Michael Nahl Director | Sale 12 Jan 2021 | $564,600 |
| Michael Christodolou | Sale 11 Jan 2021 | $1,263,960 |
| Michael Christodolou | Sale 13 Apr 2020 | $602,700 |
| Michael D Walter Director | Sale 11 Feb 2020 | $323,070 |
| Randy A Wood President and CEO | Option 13 Jan 2020 | $420,251 |
| Bill Welsh Director | Sale 31 Jul 2018 | $280,560 |
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Robintrack.
Price target
Current $117.03
Average $114.00
Low $82
High $145
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +2.99% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 1.20% | Growth period | 21 years |
| Last dividend date | Yield 3 years | 1.03% | Growth 3 years | +2.81% | |
| Last dividend | Yield 5 years | 0.99% | Growth 5 years | +2.50% |
| Insider | Age | Since | Compensation |
|---|---|---|---|
| Timothy Hassinger (57) President, Chief Executive Officer, and Director since 2017 | 57 | 2017 | $4,271,120 |
| Randy A. Wood (49) Pres, CEO, COO, and Director | 49 | $1,112,571 | |
| Brian Ketcham (58) Chief Financial Officer and Senior Vice President since 2019 | 58 | 2019 | $948,604 |
| Randy Wood (48) Chief Operating Officer since 2020 | 48 | 2020 | $923,797 |
| J. Scott Marion (51) President – Infrastructure since 2016 | 51 | 2016 | $702,329 |
| Brian L. Ketcham (60) Sr. VP and CFO | 60 | $626,640 | |
| Gustavo E. Oberto (47) Pres of Irrigation Division | 47 | $578,989 | |
| James Scott Marion (53) Pres of Infrastructure Division | 53 | $540,919 | |
| Michael Nahl (77) Independent Chairman of the Board since 2015 | 77 | 2015 | $210,000 |
| Michael Christodolou (58) Independent Director since 2015 | 58 | 2015 | $163,689 |
| Robert Brunner (62) Independent Director since 2013 | 62 | 2013 | $163,000 |
| Michael Walter (70) Independent Director since 2009 | 70 | 2009 | $160,000 |
| David Rayburn (72) Independent Director since 2014 | 72 | 2014 | $158,000 |
| Consuelo Madere (59) Independent Director since 2018 | 59 | 2018 | $155,000 |
| Mary Lindsey (64) Independent Director since 2018 | 64 | 2018 | $135,278 |
| Lori Zarkowski (44) Chief Accounting Officer since 2011 | 44 | 2011 | |
| Kelly Staup (47) Senior Vice President – Human Resources since 2018 | 47 | 2018 | |
| Eric Arneson (45) Senior Vice President, General Counsel, and Secretary since 2008 | 45 | 2008 | |
| Eric Talmadge (56) Senior Vice President and Chief Information Officer since 2012 | 56 | 2012 | |
| Gustavo Oberto (46) President - Irrigation since 2020 | 46 | 2020 | |
| Richard A. Harold (48) Sr. VP of Global Operations | 48 | ||
| Ryan Loneman | |||
| P. David Salen (59) Sr. VP of Global Operations | 59 | ||
| Kelly M. Staup (49) Sr. VP of HR and Chief Diversity Officer | 49 | ||
| Eric R. Arneson (47) Sr. VP, Gen. Counsel, and Sec. | 47 | ||
| Dr. Melissa G. Moreno (42) Sr. VP and Chief Information Officer | 42 | ||
| Lori L. Zarkowski (46) Chief Accounting Officer and Corp. Controller | 46 |
during the past 60 years, lindsay corporation has grown to become a global leader in providing innovative water management and road infrastructure products and services. as a pioneer in the field of center pivot and lateral move irrigation, lindsay's irrigation division has systems operating in more than 90 countries. our success results from finding highly efficient ways to irrigate crops on varied terrain and soils to increase yields and better utilize natural resources to meet rising population growth. lindsay’s industrial water solutions division is uniquely qualified to provide large agricultural investor clients with consultative engineering services, state-of-the-art equipment, water management telemetry systems and advanced controls – all through one dependable source. our infrastructure division, lindsay transportation solutions, is dedicated to producing a wide variety of high quality products to meet the needs of developed and emerging countries that must manage railways, wo
- Industrials > Agricultural & Farm Machinery
- Lindsay Corporation, 18135 Burke Street, Omaha 68022, United States
- 402 829 6800
- Investor relations
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +2.99% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 1.20% | Growth period | 21 years |
| Last dividend date | Yield 3 years | 1.03% | Growth 3 years | +2.81% | |
| Last dividend | Yield 5 years | 0.99% | Growth 5 years | +2.50% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $133.415 | $159.381 | |||
| Short term investments | $17.219 | $16.278 | |||
| Net receivables | $153.624 | $143.049 | |||
| Inventory | $167.334 | $164.144 | |||
| Total current assets | $500.713 | $501.302 | |||
| Long term investments | |||||
| Property, plant & equipment | $127.446 | $121.362 | |||
| Goodwill & intangible assets | $110.376 | $111.034 | |||
| Total noncurrent assets | $264.567 | $262.616 | |||
| Total investments | $17.219 | $16.278 | |||
| Total assets | $765.28 | $763.918 | |||
| Current liabilities | |||||
| Accounts payable | $47.903 | $52.242 | |||
| Deferred revenue | |||||
| Short long term debt | $0.228 | $0.227 | |||
| Total current liabilities | $129.278 | $141.971 | |||
| Long term debt | $132.011 | $132.866 | |||
| Total noncurrent liabilities | $152.968 | $155.087 | |||
| Total debt | $132.239 | $133.093 | |||
| Total liabilities | $282.246 | $297.058 | |||
| Stockholders' equity | |||||
| Retained earnings | $661.715 | $647.455 | |||
| Other stockholder equity | -$21.625 | -$21.1 | |||
| Total stockholder equity | $483.034 | $466.86 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $160.755 | $105.048 | ||
| Short term investments | $5.556 | $11.46 | ||
| Net receivables | $144.774 | $138.2 | ||
| Inventory | $155.932 | $193.776 | ||
| Total current assets | $487.484 | $477.101 | ||
| Long term investments | ||||
| Property, plant & equipment | $116.717 | $113.653 | ||
| Goodwill & intangible assets | $110.84 | $85.338 | ||
| Total noncurrent assets | $258.176 | $233.552 | ||
| Total investments | $5.556 | $11.46 | ||
| Total assets | $745.66 | $710.653 | ||
| Current liabilities | ||||
| Accounts payable | $44.278 | $60.036 | ||
| Deferred revenue | ||||
| Short long term debt | $0.226 | $0.222 | ||
| Total current liabilities | $136.108 | $160.942 | ||
| Long term debt | $132.853 | $135.151 | ||
| Total noncurrent liabilities | $153.901 | $156.353 | ||
| Total debt | $133.079 | $135.373 | ||
| Total liabilities | $290.009 | $317.295 | ||
| Stockholders' equity | ||||
| Retained earnings | $636.297 | $579 | ||
| Other stockholder equity | -$21.01 | -$21.473 | ||
| Total stockholder equity | $455.651 | $393.358 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $151.519 | $161.358 | |||
| Cost of revenue | $102.565 | $111.453 | |||
| Gross profit | $48.954 | $49.905 | |||
| Operating activities | |||||
| Research & development | $3.892 | $4.352 | |||
| Selling, general & administrative | $22.964 | $24.479 | |||
| Total operating expenses | $26.856 | $28.831 | |||
| Operating income | $22.098 | $21.074 | |||
| Income from continuing operations | |||||
| EBIT | $23.527 | $21.872 | |||
| Income tax expense | $4.574 | $5.976 | |||
| Interest expense | $0.83 | $0.877 | |||
| Net income | |||||
| Net income | $18.123 | $15.019 | |||
| Income (for common shares) | $18.123 | $15.019 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $674.084 | $770.743 | ||
| Cost of revenue | $461.069 | $571.565 | ||
| Gross profit | $213.015 | $199.178 | ||
| Operating activities | ||||
| Research & development | $18.218 | $15.145 | ||
| Selling, general & administrative | $92.613 | $89.39 | ||
| Total operating expenses | $110.831 | $104.535 | ||
| Operating income | $102.184 | $94.643 | ||
| Income from continuing operations | ||||
| EBIT | $104.163 | $92.137 | ||
| Income tax expense | $27.996 | $22.399 | ||
| Interest expense | $3.788 | $4.269 | ||
| Net income | ||||
| Net income | $72.379 | $65.469 | ||
| Income (for common shares) | $72.379 | $65.469 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | $18.123 | $15.019 | |||
| Operating activities | |||||
| Depreciation | $5.267 | $5.307 | |||
| Business acquisitions & disposals | |||||
| Stock-based compensation | $1.732 | $1.603 | |||
| Total cash flows from operations | -$9.736 | $21.872 | |||
| Investing activities | |||||
| Capital expenditures | -$11.832 | -$6.941 | |||
| Investments | -$0.85 | -$10.667 | |||
| Total cash flows from investing | -$12.629 | -$18.201 | |||
| Financing activities | |||||
| Dividends paid | -$3.863 | -$3.861 | |||
| Sale and purchase of stock | $0.479 | ||||
| Net borrowings | |||||
| Total cash flows from financing | -$3.211 | -$5.38 | |||
| Effect of exchange rate | -$0.39 | $0.335 | |||
| Change in cash and equivalents | -$25.966 | -$1.374 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | $72.379 | $65.469 | ||
| Operating activities | ||||
| Depreciation | $19.282 | $20.178 | ||
| Business acquisitions & disposals | -$30.842 | |||
| Stock-based compensation | $6.529 | $5.458 | ||
| Total cash flows from operations | $119.707 | $3.048 | ||
| Investing activities | ||||
| Capital expenditures | -$18.775 | -$15.595 | ||
| Investments | $6.05 | $7.5 | ||
| Total cash flows from investing | -$47.417 | -$8.95 | ||
| Financing activities | ||||
| Dividends paid | -$15.082 | -$14.599 | ||
| Sale and purchase of stock | $0.476 | $3.306 | ||
| Net borrowings | -$0.222 | -$0.218 | ||
| Total cash flows from financing | -$17.299 | -$12.692 | ||
| Effect of exchange rate | $0.716 | -$3.465 | ||
| Change in cash and equivalents | $55.707 | -$22.059 | ||
Recent institutional transactions
| Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|---|
| 2024 Q1 | Pacer Advisors |
+88.31%
|
354,059 | $41,658,582 |
| 2024 Q1 | Morgan Stanley |
-40.69%
|
127,789 | $15,035,936 |
| 2024 Q1 | Legal & General PLC |
-69.29%
|
30,772 | $3,620,633 |
| 2024 Q1 | Wellington Management Group LL.P. |
+93.50%
|
103,231 | $12,146,160 |
| 2024 Q1 | Hotchkis & Wiley Capital Management |
Opened
|
44,730 | $5,262,932 |
| 2024 Q1 | Amundi |
-8.45%
|
432,812 | $50,869,437 |
| 2024 Q1 | Blackrock |
-1.52%
|
1,866,207 | $219,577,917 |
| 2024 Q1 | First Trust Advisors L.P. |
+18.24%
|
183,637 | $21,606,729 |
| 2024 Q1 | Invesco |
+15.17%
|
190,106 | $22,367,872 |
| 2024 Q1 | Qube Research & Technologies Ltd |
+74.22%
|
45,352 | $5,336,116 |
Institutional shareholders
| Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|
| Blackrock | 16.91% | 1,866,207 | |
| Vanguard Group Inc | 11.44% | 1,262,558 | |
| Neuberger Berman Group | 7.30% | 805,257 | |
| Impax Asset Management Ltd | 6.64% | 733,387 | |
| State Street Corp | 4.08% | 450,178 | |
| Amundi | 3.92% | 432,812 | |
| Pacer Advisors | 3.21% | 354,059 | |
| Royce & Associates L.P. | 2.98% | 329,163 | |
| Dimensional Fund Advisors L.P. | 2.90% | 320,080 | |
| Nuance Investments | 2.90% | 319,810 |
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