Lumida
/LNN
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Lindsay Corp

Lindsay Corp

LNN
$116.35USD↓-0.82%-0.96 today

MARKET CAP

1.2B

P/E (TTM)

21.3x

FWD P/E

—

DAY RANGE

$116 – $119

52W RANGE

$97
$148

AI Summary

Stalk
StalkMedium

LNN broke out above multi-week resistance on heavy volume, signaling fresh demand and validating the intermediate bullish bias. With price extended above the 9- and 20-day EMAs and overbought RSI readings, immediate entry is discouraged. We will stalk for a shallow pullback into the rising EMA zone or the prior resistance-turned-support range before engaging the next leg higher. The long-term trend remains intactly bullish, but a break below the EMAs would invalidate this stance.

  • ↑AI-driven FieldNet Advisor enhances irrigation scheduling, boosting farmer yields.
  • ↑Infrastructure revenues up 8% YoY to $27.7M in Q3 2026, driving resilience.
  • ↓Irrigation revenue fell 7% YoY to $133M, reflecting soft market.
Full analysis →

The case for & against

Bull & Bear analysis

Bearish

Lindsay Corporation (NYSE: LNN) is a dominant player in the irrigation and infrastructure sectors, renowned for its innovative products that enhance agricultural efficiency and sustainability. The firm plays a critical role in the agricultural value chain, with key offerings that support farmers and water management systems. Lindsay is currently navigating a soft agricultural market characterized by high input costs and fluctuating demand, while strategically pursuing growth opportunities, especially in emerging markets like Brazil and through technological innovations in its operations.

Bull says

  • ↑AI-driven FieldNet Advisor enhances irrigation scheduling, boosting farmer yields.
  • ↑Infrastructure revenues up 8% YoY to $27.7M in Q3 2026, driving resilience.
  • ↑Returned $80.7M via share buybacks YTD, signaling strong balance sheet.
  • ↑Long-term Brazil opportunity as financing rates improve demand outlook.
  • ↑22-year dividend growth streak with a 1.29% yield attracts income investors.
  • ↑High earnings yield, reasonable book-to-price ratio and low volatility support valuation.

Bear says

  • ↓Irrigation revenue fell 7% YoY to $133M, reflecting soft market.
  • ↓Operating income down to $18.5M from $23.8M, margin at 11.5%.
  • ↓High input costs and trade uncertainty curb farmer spending power.
  • ↓Brazilian irrigation funding cut from 2.75B to 1.7B reais threatens growth.
  • ↓Intensifying competition risks further margin compression in irrigation.
  • ↓Weak growth and profitability factors plus low institutional interest signal downside.

Investment themes with LNN

Agriculture↓ -0.18%

Farming, crop production, and global food supply

DE · CTVA · ADM

Earnings Call · Q3 2024 · Mgmt. Guidance

Updated 06-26-2025neutral

Transcript signals

Bull points

  • We announced a key project win in irrigation and continue to be pleased with the growth of our Road Zipper sales and lease business in infrastructure.
  • We did see strong customer turn-out and quotation activity at recent farm shows and expect to see this year's crop plant in early July, that will set funding levels and finance rates for this coming season.
  • In the Mideast and North Africa region, we were pleased to announce we've been awarded a contract valued at over $100 million, the largest in our company's history. This will provide efficient water management and technology solutions that maximize production, conserve valuable and scarce resources, and expand the region's potential.

Bear points

  • Consolidated revenues for the third quarter of fiscal 2024 were $139.2 million, a decrease of 15% compared to $164.6 million in the prior year third quarter.
  • Irrigation segment revenues for the quarter were $114.8 million, a decrease of 19% compared to $142.6 million in the prior year.
  • In international irrigation markets, revenues of $46.6 million decreased 31% compared to revenues of $67.5 million in the prior year.
Read full transcript analysis ›