The Street Is Finally Waking Up To Lindsay Corporation (NYSE: LNN)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Lindsay Corporation is listed on the NYSE as a member of the Industrials sector and is a part of the Farm & Heavy Construction Machinery industry. The current market capitalization of Lindsay Corporation is $1.34B. A total of 0.11 million shares were traded on the day, compared to an average of 75.27K shares.

In the most recent transaction, Ketcham Brian L sold 2,500 shares of LNN for 124.98 per share on Nov 14 ’24. After the transaction, the Senior Vice President and CFO now owns 11,121 company shares. In a previous transaction on Nov 15 ’24, Ketcham Brian L sold 1,500 shares at 123.50 per share. LNN shares that Senior Vice President and CFO owns now total 9,621.

Among the insiders who sold shares, Di Si Pablo disposed of 111 shares on Nov 06 ’24 at a per-share price of $132.91. This resulted in the Director holding 3,322 shares of LNN after the transaction. In another insider transaction, Marion James Scott sold 700 shares at $119.00 per share on Jul 15 ’24. Company shares held by the President – Infrastructure now total 6,278.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Lindsay Corporation pays an annual dividend of $1.42, resulting in a dividend yield of 1.15%, and it has a price to earnings (P/E) ratio of 19.80. LNN’s most recent ex-dividend date was 1.16% when it declared a $0.36 quarterly dividend that was paid in cash on 11/15/2024. Previously, the company paid the dividend on 8/16/2024 with an ex-dividend date of 1.11%. The LNN stock dividend was $0.36 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, LNN has a high of $135.20 and a low of $109.27.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. LNN’s latest balance sheet shows that the firm has $146.71M in Cash & Short Term Investments as of fiscal 2021. There were $138.02M in debt and $138.24M in liabilities at the time. Its Book Value Per Share was $44.94, while its Total Shareholder’s Equity was $338.44M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LNN is Buy with a score of 3.67.

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