Lindsay Corporation (LNN)

Over the past six months, Lindsay Corp.'s stock price has experienced fluctuations influenced by earnings reports and market conditions. As of January 8, 2026, the stock price was $126.64, up 6.83% from the previous day, and up 0.31% over the past 30 days, but down 1.04% over the past 12 months. Lindsay Corporation reported its fiscal Q1 2026 results, delivering earnings per share (EPS) of $1.54, beating analyst estimates of $1.53, but missed revenue expectations with $155.8 million, which was a 6% decrease year-over-year and 9.64% below forecasts. The Q1 2026 report highlighted a 9% revenue decrease in the irrigation segment, with North American irrigation revenue falling 4% and international irrigation revenue dropping 15%, however, the infrastructure segment showed a positive trend, with revenue increasing 17% due to higher sales of road safety products. Subsequent to the quarter-end, Lindsay announced securing an $80 million irrigation and technology project in the MENA region, with approximately $70 million expected to be recognized in the current fiscal year. In Q4 CY2025, Lindsay fell short of revenue expectations with sales declining 6.3% year-on-year to $155.8 million, though its GAAP profit of $1.54 per share beat analyst estimates. In Q3 2025, Lindsay reported revenues of $153.6 million, flat year-on-year, but exceeding analyst expectations by 1.6%. In Q2 CY2024, Lindsay's revenue was down 15.4% year-on-year to $139.2 million, missing analyst estimates, however, it made a GAAP profit of $1.85 per share, beating estimates significantly and also announced a multi-year supply agreement for irrigation systems in the MENA region, valued at over $100 million, which was the largest in its history.

Demand for Lindsay Corp.'s products and services, particularly in its irrigation segment, exhibits seasonality and is influenced by agricultural economics and weather conditions. North American irrigation demand can be a "watchpoint" due to agricultural economics, including factors like low commodity prices, reduced net farm income, trade uncertainty, and higher input costs. Conversely, international irrigation markets, especially in regions like Latin America and MENA, have shown sustained strength and growth, often driven by large project activity and improving sentiment. The Infrastructure segment's demand is often supported by increased road construction activity and government-funded road improvement projects.

Lindsay Corporation is a global manufacturer and distributor of water management and road infrastructure products and services, founded in 1955. The company operates primarily within the Industrials sector, specifically in the Farm & Heavy Construction Machinery industry, and is also recognized within the agricultural technology and industrial manufacturing sectors. Lindsay's business is divided into Irrigation, focusing on agricultural irrigation equipment and technologies, and Infrastructure, providing solutions for road construction, maintenance, and safety.

Lindsay Corporation has an extensive global presence, serving agricultural producers and infrastructure developers across North America, South America, Europe, and Asia. The company maintains a worldwide network of dealers, distributors, manufacturing facilities, and partners to deliver its solutions on a global scale. While it operates internationally, a majority of its revenue historically comes from the United States. The company's global footprint, particularly strong international irrigation markets in regions like Latin America and the Middle East/North Africa (MENA), provides diversification against domestic market challenges.

Lindsay Corporation has built a strong reputation for innovation and quality since its founding in 1955 and is recognized as a market leader in agricultural irrigation equipment. Its Road Zipper System also contributes to its strong brand recognition in the infrastructure sector. In the past year, Lindsay's brand reputation has been reinforced by its ability to achieve record profitability and net earnings in fiscal year 2025, despite challenging domestic agricultural environments. The company's commitment to water conservation through its efficient irrigation technology, particularly in regions like the Middle East and North Africa, also enhances its reputation. Furthermore, Lindsay has been recognized on Forbes lists such as "America's Best Employers for Women (2025)," "Best Employers for New Grads (2025)," and "America's Best Midsize Employers (2025)," indicating a positive internal and external perception as an employer.

Lindsay Corporation's stock ownership is primarily a mix of institutional, retail, and individual investors. Approximately 90.15% of the company's stock is owned by Institutional Investors, 1.22% by Insiders, and 8.63% by Public Companies and Individual Investors. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, Neuberger Berman Group LLC, Jennison Associates Llc, State Street Corp, and Prairie Wealth Advisors, Inc. Rick Parod is noted as the largest individual Lindsay shareholder, owning 100,761 shares, representing 0.96% of the company.