Lindsay Corp (NYSE:LNN) Stock Price While Sentiment Increases

Sentiment for Lindsay Corp (NYSE:LNN)

Lindsay Corp (NYSE:LNN) institutional sentiment increased to 1.79 in 2018 Q2. Its up 0.86, from 0.93 in 2018Q1. The ratio has increased, as 77 institutional investors opened new and increased positions, while 43 sold and trimmed positions in Lindsay Corp. The institutional investors in our partner’s database now hold: 9.79 million shares, up from 9.58 million shares in 2018Q1. Also, the number of institutional investors holding Lindsay Corp in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 10 Reduced: 33 Increased: 52 New Position: 25.

Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure services and products in the United States and internationally. The company has market cap of $1.05 billion. The companyÂ’s Irrigation segment makes and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot and Greenfield brands; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems under the GrowSmart brand. It has a 51.96 P/E ratio. This segment also offers repair and replacement parts for irrigation systems and controls; water pumping stations and controls for agriculture, golf, landscape, and municipal markets under the Watertronics brand; filtration solutions for groundwater, agriculture, industrial, and heat transfer markets under the LAKOS brand; and M2M communication technology solutions, data acquisition and management systems, and custom electronic equipment under the Elecsys brand.

The stock decreased 2.12% or $2.12 during the last trading session, reaching $97.69. About 2,118 shares traded. Lindsay Corporation (NYSE:LNN) has risen 6.47% since December 6, 2017 and is uptrending. It has underperformed by 9.15% the S&P500.

Analysts await Lindsay Corporation (NYSE:LNN) to report earnings on December, 20. They expect $0.46 EPS, up 53.33 % or $0.16 from last year’s $0.3 per share. LNN’s profit will be $4.95 million for 53.09 P/E if the $0.46 EPS becomes a reality. After $0.42 actual EPS reported by Lindsay Corporation for the previous quarter, Wall Street now forecasts 9.52 % EPS growth.

Prentiss Smith & Co Inc holds 2.67% of its portfolio in Lindsay Corporation for 45,499 shares. John G Ullman & Associates Inc owns 117,640 shares or 2.16% of their US portfolio. Moreover, Impax Asset Management Ltd has 1.73% invested in the company for 733,387 shares. The Massachusetts-based Timber Creek Capital Management Llc has invested 0.81% in the stock. Essex Investment Management Co Llc, a Massachusetts-based fund reported 30,771 shares.

More notable recent Lindsay Corporation (NYSE:LNN) news were published by: Businesswire.com which released: “Lindsay Corporation Announces Changes to Board of Directors – Business Wire” on February 12, 2018, also Seekingalpha.com with their article: “Lindsay down 4% post Q4 earnings miss – Seeking Alpha” published on October 18, 2018, Bizjournals.com published: “Olathe company has the answer to copper theft from streetlights, KC Scout message boards – Kansas City Business Journal” on July 25, 2018. More interesting news about Lindsay Corporation (NYSE:LNN) were released by: Seekingalpha.com and their article: “CAT -6% maintains guidance despite bumper quarter – Seeking Alpha” published on October 23, 2018 as well as Businesswire.com‘s news article titled: “Lindsay Corporation Completes Sale of Watertronics and LAKOS Businesses – Business Wire” with publication date: August 31, 2018.

Lindsay Corporation (NYSE:LNN) Institutional Positions Chart

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