UP!
| Traded as | NYSE: LNN S&P 600 Component |
|---|---|
| Industry | Manufacturing, Agriculture |
| Founded | 1955 |
| Founder | Paul Zimmerer and Sons |
| Headquarters | Omaha, Nebraska, United States |
|
Key people
|
Michael N. Christodolou Chairman Richard W. Parod (CEO) |
| Products | Center Pivot Irrigation, Tubing, Railroad Signal Infrastructure, Moveable Barrier Systems, Crash Cushions |
| Services | Contract Manufacturing |
| Revenue | $478,900,000 (2011) |
|
Operating income
|
$56,600,000 (2011) |
|
Net income
|
$36,800,000 (2011) |
| Total assets | $381,144,000 (2011) |
| Parent | Lindsay Corporation |
| Divisions | Irrigation, Infrastructure |
| Subsidiaries | Barrier Systems Inc., Snoline, Watertronics |
| Website | Lindsay Corporation |
Lindsay Corporation (NYSE: LNN), formerly known as Lindsay Manufacturing Co., is a manufacturer of Zimmatic brand center pivot irrigation systems, based in the U.S. state of Nebraska. It also manufactures farm and construction machinery, as well as road and railroad infrastructure equipment. The company states that it has a market capitalization of $547,584,000. At August 31, 2008, the company had 1,239 employees.
The company was founded in 1955 in Lindsay, Nebraska. Corporate headquarters are in Omaha.
In 1992, Gary Parker of Lindsay Manufacturing Co. was named to the National Agri-Marketing Association Agribusiness Leader of the Year honor roll. Parker had started working at Lindsay Manufacturing in 1971, and went on to become the president in 1984 and the CEO in 1989. He retired from the position of CEO in 2000 at the age of 54.
On October 21, 1997, the company's shares began to be traded on the New York Stock Exchange. The company's shares form part of the Palisades Water Index's US Water Index.
In 2002, Howard G. Buffett was elected chairman of Lindsay Manufacturing. He had been a director of the company since 1995. Since January 21, 2003, the company's chairman has been Michael N. Christodolou.
In 2004, the company's African unit acquired Stettyn, a manufacturer of center pivots based in Bloemfontein, South Africa.
In June 2006, Lindsay acquired Barrier Systems Inc. which was founded in 1985 and developed the Quickchange Moveable Barrier (QMB) which helps control and manage traffic by adding lanes to a roadway during periods of heavy traffic and then removing the added lanes when the traffic influx is reversed.
On January 25, 2008, the outstanding shares of stock of Watertronics, Inc, based in Hartland, Wisconsin, were purchased by Lindsay. Watertronics is a leader in designing, manufacturing, and servicing water pumping stations and controls for the golf, landscape and municipal markets.
Coordinates: 41°16′47″N 96°05′09″W / 41.279655°N 96.085761°W / 41.279655; -96.085761 (Lindsay Corporation headquarters in Omaha)
| Period | Date | Adjusted Actuals EPS | GAAP EPS |
|---|---|---|---|
| Q4 2021 | 2022-10-19 | Future report Set alerts | |
| Q3 2021 | 2022-06-30 | 2.28 | 2.28 |
| Q2 2021 | 2022-04-05 | 1.32 | 1.32 |
| Q1 2021 | 2022-01-06 | 0.72 | 0.72 |
| Q4 2020 | 2021-10-21 | 0.53 | 0.53 |
| Q3 2020 | 2021-07-01 | 1.61 | 1.61 |
| Q2 2020 | 2021-04-06 | 1.08 | 1.08 |
| Q1 2020 | 2020-01-09 | 0.00 | 0.77 |
| Q4 2019 | 2019-10-29 | 0.00 | 0.14 |
| Q3 2019 | 2019-07-09 | 0.00 | 0.27 |
| 2016-06-02 | Downgrade | Stifel Nicolaus | Hold to Sell | $64.00 |
| 2016-05-24 | Initiated Coverage | Seaport Global Securities | Neutral | $67.00 |
| 2016-04-14 | Reiterated Rating | Sterne Agee CRT | Neutral | $69.00 |
| 2016-04-02 | Reiterated Rating | Wedbush | Hold | |
| 2016-04-01 | Lower Price Target | Wedbush | Neutral | $69.00 to $68.00 |
| 2016-03-29 | Reiterated Rating | Piper Jaffray | Underweight | $63.00 to $64.00 |
| 2016-03-29 | Reiterated Rating | Piper Jaffray Cos. | Underweight | $63.00 to $64.00 |
| 2016-02-04 | Lower Price Target | Sidoti | Buy | $98.00 to $93.00 |
| 2016-01-19 | Reiterated Rating | Wedbush | Neutral | $69.00 |
| 2015-12-31 | Reiterated Rating | Piper Jaffray | Sell | |
| 2015-12-28 | Reiterated Rating | Wedbush | Hold | |
| 2015-12-25 | Reiterated Rating | Piper Jaffray | Sell | |
| 2015-12-24 | Boost Price Target | Piper Jaffray | Underweight | $59.00 to $63.00 |
| 2015-12-22 | Reiterated Rating | Wedbush | Hold | $69.00 |
| 2015-10-16 | Reiterated Rating | Piper Jaffray | Sell | $74.00 to $59.00 |
| 2015-09-14 | Lower Price Target | Monness Crespi & Hardt | Sell | $70.00 to $62.00 |
| 2015-06-26 | Reiterated Rating | Piper Jaffray | Sell | $65.00 to $74.00 |
| 2015-06-26 | Reiterated Rating | William Blair | Market Perform | |
| 2015-03-27 | Reiterated Rating | Wedbush | Neutral | |
| 2015-03-26 | Lower Price Target | Piper Jaffray | Underweight | $67.00 to $65.00 |
| 2015-03-26 | Lower Price Target | Monness Crespi & Hardt | Sell | $77.00 to $65.00 |
| 2015-03-23 | Set Price Target | Wedbush | Hold | $74.00 |
| 2015-03-12 | Upgrade | Sidoti | Neutral to Buy | |
| 2015-01-28 | Initiated Coverage | Boenning Scattergood | Neutral | |
| 2014-12-08 | Downgrade | Monness Crespi & Hardt | Neutral to Sell | $77.00 |
| 2014-10-10 | Downgrade | Gabelli & Co | Buy to Hold | |
| 2014-10-10 | Downgrade | Gabelli | Buy to Hold | |
| 2014-10-10 | Downgrade | Piper Jaffray | Neutral to Underweight | $77.00 to $71.00 |
| 2014-09-22 | Downgrade | Sterne Agee CRT | Buy to Neutral | $77.00 |
| 2014-07-14 | Downgrade | Monness Crespi & Hardt | Buy to Neutral | $95.00 to $84.00 |
| 2013-12-19 | Initiated Coverage | Sterne Agee CRT | Buy | |
| 2013-12-16 | Initiated | Gabelli & Co | Buy | |
| 2013-12-16 | Initiated Coverage | Gabelli | Buy | |
| 2013-10-11 | Lower Price Target | Monness Crespi & Hardt | Buy | $108.00 to $95.00 |
| 2013-09-26 | Downgrade | William Blair | Outperform to Market Perform | |
| 2013-03-28 | Reiterated | Monness Crespi & Hardt | Buy | $100 to $108 |
| 2013-02-11 | Reiterated | Monness Crespi & Hardt | Buy | $95 to $100 |
| 2013-01-09 | Reiterated | Monness Crespi & Hardt | Buy | $92 to $95 |
| 2011-11-15 | Initiated | Stifel Nicolaus | Hold | |
| 2011-05-18 | Upgrade | Wedbush | Underperform to Neutral | $65 |
| 2010-10-21 | Downgrade | Hudson Securities | Hold to Sell | $38 to $48 |
| 2010-10-14 | Downgrade | Wedbush | Outperform to Neutral | $49 to $49 |
| 2010-09-22 | Initiated | Wedbush | Outperform | $49 |
| 2009-10-22 | Upgrade | William Blair | Mkt Perform to Outperform | |
| 2009-04-03 | Reiterated | Next Generation | Buy | $34 to $32 |
| 2008-11-25 | Downgrade | Boenning & Scattergood | Market Outperform to Market Perform | |
| 2008-09-02 | Initiated | Sterne Agee | Hold | $84 |
| 2008-03-20 | Upgrade | Boenning & Scattergood | Market Perform to Market Outperform | |
| 2008-02-11 | Upgrade | Rodman & Renshaw | Mkt Underperform to Mkt Perform |
| 2016-06-02 | Downgrade | Stifel Nicolaus | Hold to Sell | $64.00 |
| 2016-05-24 | Initiated Coverage | Seaport Global Securities | Neutral | $67.00 |
| 2016-04-14 | Reiterated Rating | Sterne Agee CRT | Neutral | $69.00 |
| 2016-04-02 | Reiterated Rating | Wedbush | Hold | |
| 2016-04-01 | Lower Price Target | Wedbush | Neutral | $69.00 to $68.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In LNN 164 funds of 2213 total. Show all
| Fund name | Ticker shares |
|---|---|
| BlackRock Inc. | 1.89M |
| Vanguard Group, Inc | 1.26M |
| BlackRock Fund Advisors | 0.84M |
| Neuberger Berman Group LLC | 0.78M |
| Impax Asset Management LTD | 0.73M |
| ROYCE & ASSOCIATES LLC | 0.46M |
| STATE STREET CORP | 0.42M |
| DIMENSIONAL FUND ADVISORS LP | 0.29M |
| BlackRock Institutional Trust Company, N.A. | 0.28M |
| KBC Group NV | 0.24M |
| GEODE CAPITAL MANAGEMENT, LLC | 0.19M |
| Invesco Ltd. | 0.16M |
| Allianz Asset Management AG | 0.16M |
| NUANCE INVESTMENTS, LLC | 0.14M |
| Global Alpha Capital Management Ltd. | 0.13M |
| Name Relationship | Total Shares | Holding stocks |
|---|---|---|
| PAROD RICK President & CEO | 0.79% (100761) | ALG / LNN / RAVN / |
| Hassinger Timothy L President and CEO | 0.32% (40211) | LNN / |
| BUFFETT HOWARD | 0.25% (31825) | KO / LNN / |
| CHRISTODOLOU MICHAEL | 0.21% (27014) | FPI / LNN / OME / |
| WELSH BILL | 0.15% (18768) | BTN / LNN / |
| Ruffalo Barry Pres. North America Irrigation | 0.09% (11822) | LNN / VMI / |
| WALTER MICHAEL D | 0.08% (10788) | LNN / |
| RAABE JAMES C Vice President and CFO | 0.08% (10559) | LNN / |
| JAGODINSKI W T | 0.07% (9088) | LNN / USU / |
| Wood Randy A Pres - Agricultural Irrigation | 0.06% (8041) | LNN / |
| MCLNTOSH DAVE | 0.06% (7094) | LNN / |
| Cotariu Steven S Pres. Infrastructure Business | 0.05% (5930) | LNN / |
| Brunner Robert E | 0.04% (5130) | LEG / LNN / NNBR / |
| NAHL MICHAEL | 0.04% (4568) | LNN / |
| Paymal Tim J VP & Chief Accounting Officer | 0.03% (4290) | LNN / |
| Spears Thomas Dale President, Infrastructure Bus. | 0.03% (4214) | LNN / |
| RAYBURN DAVID B | 0.03% (3991) | LNN / TWIN / |
| Ketcham Brian L Vice President and CFO | 0.03% (3612) | LNN / |
| Downing David B CFO - President International | 0.02% (2825) | LNN / |
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