LNN
Lindsay Corporation
LNN's fundamentals are weak: free cash flow fell 62% and its operating margin fell 3 points to 11%. At 20x earnings, it's trading in line with its usual 22x. Analysts expect earnings to hold roughly steady, though they disagree widely on how much.
LNN Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Strong |
LNN's balance sheet is currently strong, and its revenue, profitability and cash flow are stable.
LNN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $98.95 | -8.4% |
| Current | 20x | $108 | — |
| Forward | 21x | $108 | — |
| Fair | 22x | $117 | +7.9% |
| Expensive | 41x | $219 | +103% |
Historical ranges are pointers, not guarantees.
LNN's PE is in its fair range at 20x. On analysts' estimates for next year's earnings, today's price would be 21x.
LNN Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Stable | |
| Decline | |
| Improving | |
| Limited | |
| Low |
Analysts expect LNN's profitability to improve, but its revenue to decline. However, they disagree widely on these estimates.
LNN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.21 | -2.2% |
| Q3 2026 | $5.33 | -21% |
| Q2 2026 | $5.21 | -25% |
| Q1 2026 | $5.46 | -22% |
| Q4 2025 | $6.75 | +8.5% |
| Q3 2025 | $6.78 | +13% |
| Q2 2025 | $6.95 | +5.6% |
| Q1 2025 | $7.02 | +12% |
| Q4 2024 | $6.22 | -0.5% |
LNN's earnings per share have fallen from their peak: $5.33 over the past year, against $7.18 in early 2023.
LNN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $161.6M | +5.2% |
| Q2 2026 | $160.8M | -5.1% |
| Q1 2026 | $157.7M | -16% |
| Q4 2025 | $155.8M | -6.3% |
| Q3 2025 | $153.6M | -0.9% |
| Q2 2025 | $169.5M | +22% |
| Q1 2025 | $187.1M | +23% |
| Q4 2024 | $166.3M | +3.1% |
LNN's revenue is recovering but still below its 2022 peak: $162M last quarter, up 5.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9.8% | +2.4 points |
| Q2 2026 | 12% | -2.5 points |
| Q1 2026 | 8.3% | -8.9 points |
| Q4 2025 | 13% | 0 points |
| Q3 2025 | 7.4% | -1.3 points |
| Q2 2025 | 14% | -0.3 points |
| Q1 2025 | 17% | +2.6 points |
| Q4 2024 | 13% | -0.5 points |
LNN's operating margin was 9.8% last quarter, up 2.4 points from the same quarter a year ago.
LNN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $39.6M | -20% |
| Q2 2026 | -$1.4M | -105% |
| Q1 2026 | $11.6M | +363% |
| Q4 2025 | -$15.1M | -221% |
| Q3 2025 | $49.8M | +4.5% |
| Q2 2025 | $25.7M | -0.4% |
| Q1 2025 | $2.5M | +$24.1M |
| Q4 2024 | $12.5M | -17% |
LNN still generates free cash flow, though less than at its 2023 peak: $35M over the past year.
LNN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.9% | +95K shares |
| 1 year | -4.4% | -482K shares |
| 3 years | -5.7% | -626K shares |
| 5 years | -5% | -549K shares |
| Available history | -3.6% | -392K shares |
LNN has 10M diluted shares, down 4.4% from a year ago, with $81M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $25.2M |
| Q1 2026 | $25.2M |
| Q4 2025 | $30.3M |
| Q3 2025 | $8.9M |
| Q2 2025 | $1.2M |
| Q3 2024 | $4.6M |
LNN spent $81M buying back its own shares over the past year.
LNN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.8x | Net Cash |
| Q2 2026 | -0.5x | Net Cash |
| Q1 2026 | -0.8x | Net Cash |
| Q4 2025 | -0.8x | Net Cash |
| Q3 2025 | -1.2x | Net Cash |
| Q2 2025 | -0.7x | Net Cash |
| Q1 2025 | -0.5x | Net Cash |
| Q4 2024 | -0.8x | Net Cash |
LNN has more cash than debt.
LNN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 24.2 | Neutral |
LNN's weekly RSI is 43 (neutral) and its Stochastic is 24 (neutral).
LNN PE vs Industrials Sector
| Metric | LNN | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 24x | 16% below |
| PE % | 38 | 58 | 20 pts below |
LNN is trading at 20x earnings, a 16% discount to the Industrials sector's median of 24x.
LNN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $109.5 | 1.3% below |
| 20 week MA | $113.4 | 4.7% below |
| 50 week MA | $116.9 | 7.6% below |
| 100 week MA | $124.0 | 13% below |
| 200 week MA | $124.7 | 13% below |
LNN is in a downtrend: it's below all five of its weekly moving averages, and 13% below its 200-week average.
LNN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $96.8 | $127.3 | +32% |
| 2021 | $127.3 | $151.9 | +19% |
| 2022 | $151.9 | $165.2 | +8.8% |
| 2023 | $165.2 | $129.2 | -22% |
| 2024 | $129.2 | $120.1 | -7% |
| 2025 | $120.1 | $119.0 | -0.9% |
| 2026 YTD | $119.0 | $108.1 | -9.2% |
LNN has finished three years in a row lower, and it's down 9.2% so far in 2026.