Press coverage about Lindsay (NYSE:LNN) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lindsay earned a news impact score of 0.09 on Accern’s scale. Accern also assigned media headlines about the industrial products company an impact score of 45.5470651272747 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media headlines that may have impacted Accern’s rankings:
- Head to Head Review: Lindsay (LNN) vs. Its Peers (americanbankingnews.com)
- Runnymede Investments LLC Acquires Smuttynose Brewing Company From The Provident Bank (prweb.com)
- How Trump’s steel tariffs may hit your wallet (cnbc.com)
- FieldNET® by Lindsay Connects with John Deere Operations Center (kticradio.com)
- Lindsay Co. (LNN) Expected to Post Quarterly Sales of $131.71 Million (americanbankingnews.com)
Lindsay stock traded down $0.16 on Monday, reaching $92.49. The company had a trading volume of 3,045 shares, compared to its average volume of 89,189. Lindsay has a 52-week low of $79.03 and a 52-week high of $96.22. The company has a current ratio of 3.29, a quick ratio of 2.24 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $993.34, a PE ratio of 38.93, a price-to-earnings-growth ratio of 2.00 and a beta of 0.36.
Several equities analysts recently weighed in on the company. Zacks Investment Research downgraded Lindsay from a “hold” rating to a “sell” rating in a research report on Wednesday, December 13th. TheStreet lowered Lindsay from a “b-” rating to a “c” rating in a research note on Tuesday, January 9th. Finally, Stifel Nicolaus restated a “hold” rating and set a $91.00 price objective on shares of Lindsay in a research note on Thursday, December 14th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $95.25.
In other news, Director Michael Nahl sold 7,200 shares of the stock in a transaction on Wednesday, December 27th. The stock was sold at an average price of $86.43, for a total value of $622,296.00. Following the transaction, the director now owns 3,687 shares of the company’s stock, valued at approximately $318,667.41. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP David B. Downing sold 21,816 shares of the company’s stock in a transaction on Wednesday, December 27th. The shares were sold at an average price of $86.11, for a total transaction of $1,878,575.76. The disclosure for this sale can be found here. Insiders sold a total of 58,281 shares of company stock worth $5,033,499 over the last three months. 1.20% of the stock is owned by company insiders.
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Lindsay Company Profile
Lindsay Corporation, along with its subsidiaries, provides a range of water management and road infrastructure products and services. The Company operates through two segments: Irrigation Segment and Infrastructure Segment. The Irrigation Segment includes the manufacture and marketing of center pivot, lateral move, and hose reel irrigation systems, which are used primarily in the agricultural industry.
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