What is William Blair's Estimate for Lindsay Q1 Earnings?

Lindsay Co. (NYSE:LNN - Free Report) - Equities researchers at William Blair reduced their Q1 2025 EPS estimates for shares of Lindsay in a research report issued on Thursday, October 24th. William Blair analyst B. Drab now anticipates that the industrial products company will earn $1.36 per share for the quarter, down from their prior forecast of $1.44. The consensus estimate for Lindsay's current full-year earnings is $5.44 per share. William Blair also issued estimates for Lindsay's Q2 2025 earnings at $1.60 EPS, Q4 2025 earnings at $1.29 EPS and FY2026 earnings at $6.26 EPS.

Lindsay Trading Down 0.3 %

NYSE:LNN traded down $0.32 during trading hours on Monday, reaching $121.09. The company's stock had a trading volume of 63,949 shares, compared to its average volume of 89,756. The firm has a 50-day simple moving average of $120.91 and a 200-day simple moving average of $118.53. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.56 and a current ratio of 3.95. Lindsay has a 1 year low of $109.27 and a 1 year high of $135.05. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 18.42 and a beta of 0.61.

Lindsay (NYSE:LNN - Get Free Report) last issued its earnings results on Thursday, October 24th. The industrial products company reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.16. The business had revenue of $155.00 million during the quarter, compared to analyst estimates of $145.37 million. Lindsay had a return on equity of 14.41% and a net margin of 11.75%. Lindsay's revenue for the quarter was down 7.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.74 earnings per share.

Lindsay Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a $0.36 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.44 dividend on an annualized basis and a yield of 1.19%. Lindsay's dividend payout ratio (DPR) is currently 21.85%.

Institutional Trading of Lindsay

Several hedge funds and other institutional investors have recently bought and sold shares of LNN. Vanguard Group Inc. lifted its stake in Lindsay by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 1,279,819 shares of the industrial products company's stock worth $165,301,000 after acquiring an additional 17,261 shares during the period. Principal Financial Group Inc. grew its holdings in shares of Lindsay by 0.4% during the 1st quarter. Principal Financial Group Inc. now owns 58,725 shares of the industrial products company's stock worth $6,910,000 after acquiring an additional 230 shares during the period. Texas Permanent School Fund Corp lifted its stake in shares of Lindsay by 1.5% in the 1st quarter. Texas Permanent School Fund Corp now owns 9,654 shares of the industrial products company's stock valued at $1,136,000 after purchasing an additional 143 shares during the period. Quantbot Technologies LP purchased a new stake in Lindsay in the first quarter worth $239,000. Finally, Heartland Advisors Inc. raised its holdings in Lindsay by 26.8% in the first quarter. Heartland Advisors Inc. now owns 53,003 shares of the industrial products company's stock worth $6,236,000 after purchasing an additional 11,207 shares in the last quarter. Institutional investors own 89.94% of the company's stock.

Lindsay Company Profile

Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. It operates in two segments, Irrigation and Infrastructure. The Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot brand; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems.