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

Lindsay Co. (NYSE:LNN) – Equities research analysts at William Blair decreased their Q1 2025 earnings per share estimates for shares of Lindsay in a note issued to investors on Thursday, October 24th. William Blair analyst B. Drab now expects that the industrial products company will earn $1.36 per share for the quarter, down from their prior estimate 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 (NYSE:LNN) last released its earnings results on Thursday, October 24th. The industrial products company reported $1.17 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.16. The company had revenue of $155.00 million during the quarter, compared to the consensus estimate of $145.37 million. Lindsay had a return on equity of 14.41% and a net margin of 11.75%. Lindsay’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.74 earnings per share.

Lindsay Stock Down 0.3 %

LNN stock opened at $121.09 on Monday. The company has a current ratio of 3.95, a quick ratio of 2.56 and a debt-to-equity ratio of 0.24. The company’s 50-day moving average price is $120.89 and its 200 day moving average price is $118.57. Lindsay has a 52 week low of $109.27 and a 52 week high of $135.05. The company has a market cap of $1.32 billion, a P/E ratio of 18.37 and a beta of 0.61.

Hedge Funds Weigh In On Lindsay

Several hedge funds have recently bought and sold shares of the company. Heartland Advisors Inc. grew 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 valued at $6,236,000 after purchasing an additional 11,207 shares during the last quarter. Vanguard Group Inc. grew its stake in Lindsay by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 1,279,819 shares of the industrial products company’s stock valued at $165,301,000 after acquiring an additional 17,261 shares during the last quarter. Lombard Odier Asset Management Europe Ltd purchased a new position in Lindsay during the 2nd quarter valued at about $1,327,000. Victory Capital Management Inc. raised its position in Lindsay by 139.4% during the second quarter. Victory Capital Management Inc. now owns 11,768 shares of the industrial products company’s stock worth $1,446,000 after acquiring an additional 6,853 shares during the last quarter. Finally, Deprince Race & Zollo Inc. purchased a new stake in shares of Lindsay in the second quarter valued at about $6,402,000. 89.94% of the stock is owned by hedge funds and other institutional investors.

Lindsay Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.19%. The ex-dividend date is Friday, November 15th. Lindsay’s dividend payout ratio (DPR) is 21.85%.

About Lindsay

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.