
Lindsay (LNN) Stock Forecast & Price Target
Lindsay (LNN) Analyst Ratings
Bulls say
Lindsay Corporation reported a 1.2% year-over-year increase in North America irrigation revenues, totaling $69.1 million, supported by stable unit sales and slightly higher average selling prices. Additionally, the international irrigation segment experienced significant growth, with a 60.2% year-over-year revenue increase, bolstered by a major project in the MENA region and rising sales in South America. The infrastructure segment also showed positive momentum, with a 5.6% year-over-year revenue increase attributed to road safety products, indicating a robust overall performance across Lindsay's business lines.
Bears say
Lindsay Corp faces a challenging financial landscape marked by weak grain prices and negative cash flows from farming operations, which have dampened banker confidence and may impact demand for its irrigation and infrastructure products. The company has reported lower operating income and margins, primarily due to a less favorable revenue mix from its Road Zipper™ products compared to the previous year, indicating potential struggles with profitability. Additional risks include the inability to offset rising steel costs and uncertainties surrounding market demand, both of which could further hinder the company’s financial performance.
This aggregate rating is based on analysts' research of Lindsay and is not a guaranteed prediction by Public.com or investment advice.
Lindsay (LNN) Analyst Forecast & Price Prediction
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