Lindsay Corporation manufactures and markets irrigation equipment primarily used in agricultural markets which increase or stabilize crop production while conserving water, energy, and labor. The Company also manufactures and markets infrastructure and road safety products. The company was founded in 1954 and is based in Omaha, Nebraska.
LNN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Lindsay Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Lindsay Corp ranked in the 9th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of Lindsay Corp, consider:
The compound growth rate in the free cash flow of Lindsay Corp over the past 5.79 years is -0.17%; that's higher than just 8.25% of free cash flow generating stocks in the Industrials sector.
LNN's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 34.61% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as LNN, try CODA, FLR, ACM, ALGT, and FLOW.
LEAWOOD, KS--(BUSINESS WIRE)--TortoiseEcofin today announced upcoming additions to its indices as part of its regular quarterly rebalancing for the third quarter of 2020. Following the close of trading on September 18, 2020, the indices will be rebalanced and as a result, the following changes will become effective. Ecofin Global Water ESG Index SM (EGWESG/EGWESGT) Action Company Ticker Addition Lindsay Corp LNN Addition Tetra Tech Inc TTEK Addition Montrose Environmental Group Inc MEG The full
Lindsay (LNN) announces the acquisition of Net Irrigate, LLC, an agriculture IoT technology company.Founded in 2006, Net Irrigate builds customized remote monitoring devices and reporting software for large farms and gov. agencies associated with ground and surface water conservation.Net Irrigate will join Lindsay's FieldNET brand of remote irrigation monitoring and...