For its fourth fiscal quarter (ending August 31), Lindsay Corp (NYSE: LNN) has reported a -33% decline in E.P.S. from $1.75 a year ago to $1.18 in the current quarter. For the latest four quarters through August 31, E.P.S. were $6.04 compared to $6.58 a year ago — a decline of -8%.
Recent Price Action
Lindsay Corp (NYSE: LNN) stock enjoyed a very large increase of 8.4% on 10/24/24. The shares closed at $123.87. Moreover, trading volume in this advance was exceptionally high at 397% of normal. The stock has risen 3.5% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
LNN’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Lindsay has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Lindsay has a neutral Appreciation Score of 42 but a poor Power Rating of 27, leading to the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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