Gross margin came in at 28.5% compared with the year-ago quarter’s 31%. Lindsay Corporation, formerly known as Lindsay Manufacturing Co., is a manufacturer of Zimmatic brand center pivot irrigation systems, based in the U.S. state of Nebraska. Lindsay Corporation (NYSE: LNN) stock fell over 0.3% on April 7 th, 2020 (as of 11:17 am GMT-4 ; Source: Google finance) after the company posted … Lindsay Corporation (NYSE: LNN) is a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology. read more Apr 6, 2021 The company operates with its irrigation systems in more than 90 countries. Separately, Zacks Investment Research cut shares of Lindsay from a "buy" rating to a "hold" rating and set a $172.00 price target on the stock. On November 3, 2010, Lindsay acquired WMC Technology Limited. The analyst consensus points to a rating of ‘Hold’. They are in stock and available now from your local Zimmatic dealer. LINDSAY CORPORATION : Reports Fiscal 2021 Second Quarter Results. The mechanized irrigation business is a global duopoly, with Lindsay Corporation (NYSE:LNN) and Valmont Industries, Inc. (NYSE:VMI) combining for about 75% of the global market share. Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, announced today that Randy Wood, President and Chief Executive officer, and Brian Ketcham, Senior Vice President and Chief Financial Officer, will participate in the Stifel 2021 Virtual Cross Sector Insight Conference, being held June 8-10, 2021. Lindsay Corporation (NYSE: LNN) is a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology. Established in 1955, the company has been at the forefront of research and development of innovative solutions to meet the food, fuel, fiber and transportation needs of the world's rapidly growing population. On November 3, 2010, Lindsay acquired WMC Technology Limited. The Colyton, New Zealand based company created the first commercially available variable-rate irrigation system in 2008, which uses solenoid valves to vary the amount of water applied under a center-pivot irrigator. The typical center pivot is 1,300 feet long and designed to irrigate a plot of 130 to 135 acres. Lindsay Corporation (NYSE: LNN) is a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology. More news. Lindsay Corporation (NYSE: LNN) is a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology. Stash allows you to purchase smaller pieces of investments, called fractional shares, rather than having to pay the full price for a whole share. Established in … Lindsay’s Industrial Water Solutions division is uniquely qualified to provide large agricultural investor clients with consultative engineering services, state-of-the-art equipment, water management telemetry systems and advanced controls – all through one dependable source. Lindsay Corporation was founded in 1955, and has established a global presence in the irrigation business: manufacturing and marketing center pivot and lateral move irrigation … The mechanized irrigation business is a global duopoly, with Lindsay and Valmont Industries (VMI) combining for about 75% of the global market share. Shares of Lindsay (NYSE:LNN) decreased 0.2% in pre-market trading after the company reported Q2 results. AQ. The stock market is booming. in a research report on Tuesday, March 9th. The Irrigation segment manufactures and markets center pivot, lateral … Operating margin came in at 7% in the reported quarter compared with the 11% … OMAHA, Neb.-- (BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, announced today that Randy Wood, P... 1 week ago - Business Wire Crexendo … The company operates in two segments, Irrigation and Infrastructure. Lindsay Corporation (NYSE: LNN) is a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology. The company operates in two segments, Irrigation and Infrastructure. Lindsay Corporation with ticker code (LNN) now have 2 analysts covering the stock. Shares of NYSE:LNN opened at $167.93 on Friday. Established in 1955, the company has been at the forefront of research and development of innovative solutions to meet the food, fuel, fiber and transportation needs of the world's rapidly growing population. Quarterly Results Earnings per share were up 111.76% year over year to $1.08, which beat the estimate of $0.86. But the market’s cycles eliminated most of the competition and the past two decades saw Lindsay … During the 1970’s there were over thirty domestic manufacturers of center pivot irrigation systems. Lindsay Corporation manufactures and markets irrigation equipment including Zimmatic, Greenfield, Stettyn and Perrot center pivot, lateral move and hose reel irrigation systems and GrowSmart controls, all of which are used by farmers to increase or stabilize crop production while conserving water, energy, and labor. 04/06. LINDSAY : Earnings Flash (LNN) LINDSAY CORPORATION Posts Q2 Revenue $143.6M, vs.. MT. The Lindsay family of irrigation … Lindsay Corporation (NYSE: LNN) is a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology. IRRIGATION Zimmatic® - center pivot & lateral move irrigation … Lindsay has a 52-week low of $83.00 and a 52-week high of $179.10. During the 1970’s there were over thirty domestic manufacturers of center pivot irrigation systems. More and more private individuals want to be part of the capital markets and hope for lucrative investments. The Lindsay family of irrigation … , you can buy Lindsay Corporation stock in any dollar amount, or any other fund or stock you know on Stash. Lindsay Corporation (NYSE: LNN) is a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology. Established in 1955, the company has been at the forefront of research and development of innovative solutions to meet the food, fuel, fiber and transportation needs of the world’s rapidly growing population. About Us. Established in … Lindsay Corporation (NYSE: LNN) is a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology. Lower commodity prices will also likely hurt Lindsay’s irrigation segment’s performance in fiscal 2020. LINDSAY : Fiscal Q2 Earnings Snapshot. Established in … https://bit.ly/3trxFFQ # lindsayirrigation # irrigate21 *Availability varies by region. Broadacre Irrigation is a leader in the sprinkler irrigation industry based in Goondiwindi, Queensland. Broadacre Irrigation is the dealer for Lindsay Manufacturing "Zimmatic" centre pivots and lateral move irrigators as well as specialising in Solar Pumping Systems in … The company recorded an operating income of $7.5 million, down 37.5% from the $12.3 million seen in the prior-year quarter. BU. $5. On January 25, 2008, the outstanding shares of stock of Watertronics, Inc, based in Hartland, Wisconsin, were purchased by Lindsay. The target price ranges between 170 and 162 with the average target price sitting at 166. Just ask for Genuine Lindsay Parts: the best parts found in these parts. Lindsay develops and produces irrigation systems for agriculture. Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. Get the latest Lindsay Corporation LNN detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced results for its second quarter of fiscal 2021, which ended on February 28, 2021. Cost of operating revenues went up 2.7% year on year to $77 million. Established in 1955, the company has been at the forefront of research and development of innovative solutions to meet the food, fuel, fiber and transportation needs of the world's rapidly growing population. Operating expenses flared up 9% year over year to $24 million in the fiscal first quarter. Irrigation systems are also used for cooling livestock, dust suppression, disposal of sewage, and in mining. Stay on track this irrigation season with our cost-effective, field-... proven Lindsay wheel assemblies. - Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.33 per share, payable May 28, 2021, to shareholders of record at the close of business on May 14, 2021. About the Company. The focus is on highly efficient irrigation technologies in order to be able to use farmers’ harvests more profitably by reducing water costs sustainably with Lindsay technologies and thus using water as a resource more efficiently. $50. With the stocks previous close at 166.49 this indicates there is a potential downside of -.3%. Lindsay Company Profile. Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. The mechanized irrigation business is a global duopoly, with Lindsay and Valmont Industries (VMI) combining for about 75% of the global market share. Lindsay Corporation 18135 Burke Street, Suite 100, Omaha, NE 68022, USA Phone: +1 (402) 829-6800 | Toll Free: +1 (800) 829-5300 Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, announced today that Lindsay Corporation is a public company listed on the New York Stock Exchange (LNN) and is ISO9001:2008 certified.
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