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Stock impact report

Lindsay Corporation: Downgrading Shares On Weak Farm Income [Seeking Alpha]

Lindsay Corporation (LNN) 
Last lindsay corporation earnings: 4/7 06:45 am Check Earnings Report
US:NYSE Investor Relations: lindsayir.com
Company Research Source: Seeking Alpha
Weak revenue and profits, as well as concerns about low farming income, have contributed to LNN stock's underperformance. The company's international irrigation operations and infrastructure operations have seen significant declines in revenue. Continued weakness is likely to persist and shares are pricey compared to similar firms. Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More » Times have been tough for some companies, even as the broader market jets higher. One firm that has struggled, for instance, is Lindsay Corporation NYSE: LNN ), a relatively small business with a market capitalization of $1.28 billion. For those not aware, the enterprise produces and sells irrigation systems and various infrastructure products such as railroad signs, and terminals, and crash cushions. Back in October of last year, I revisited the stock and ended up keeping it rated a ‘hold' to reflect my v Show less Read more
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