Lindsay Corp

Find Ratings Reports
LNN : NYSE : Industrial Goods
$92.01 | %
Today's Range: 0.0 - 0.0
Avg. Daily Volume: 78100.0
09/20/17 - 4:02 PM ET

Financial Analysis


LINDSAY CORP's gross profit margin for the third quarter of its fiscal year 2017 is essentially unchanged when compared to the same period a year ago. The company has grown sales and net income during the past quarter when compared with the same quarter a year ago, however, it was unable to keep up with the growth of the average competitor within its industry. LINDSAY CORP has strong liquidity. Currently, the Quick Ratio is 1.94 which shows the ability to cover short-term cash needs. The company's liquidity has increased from the same period last year.

During the same period, stockholders' equity ("net worth") has increased by 7.66% from the same quarter last year. The key liquidity measurements indicate that the company is unlikely to face financial difficulties in the near future.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q3 FY17 Q3 FY16
Net Sales ($mil)151.53141.32
EBITDA ($mil)21.6319.56
EBIT ($mil)17.4115.33
Net Income ($mil)10.959.64


Balance Sheet Q3 FY17 Q3 FY16
Cash & Equiv. ($mil)113.2191.5
Total Assets ($mil)511.29501.71
Total Debt ($mil)117.03117.22
Equity ($mil)263.71244.94


Profitability Q3 FY17 Q3 FY16
Gross Profit Margin33.0832.58
EBITDA Margin14.2713.84
Operating Margin11.4910.84
Sales Turnover1.011.01
Return on Assets4.821.84
Return on Equity9.343.78
Debt Q3 FY17 Q3 FY16
Current Ratio2.973.01
Debt/Capital0.310.32
Interest Expense1.161.18
Interest Coverage15.0613.0


Share Data Q3 FY17 Q3 FY16
Shares outstanding (mil)10.6910.63
Div / share0.290.28
EPS1.020.9
Book value / share24.6723.04
Institutional Own % n/a n/a
Avg Daily Volume76811.079994.0

Valuation


BUY. The current P/E ratio indicates a significant discount compared to an average of 125.40 for the Machinery industry and a significant premium compared to the S&P 500 average of 24.88. Conducting a second comparison, its price-to-book ratio of 3.58 indicates a premium versus the S&P 500 average of 3.10 and a significant discount versus the industry average of 6.16. The price-to-sales ratio is below both the S&P 500 average and the industry average, indicating a discount. Upon assessment of these and other key valuation criteria, LINDSAY CORP proves to trade at a discount to investment alternatives within the industry.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
LNN 38.42 Peers 125.40   LNN 25.28 Peers 19.02

Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.

LNN is trading at a significant discount to its peers.

 

Premium. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

LNN is trading at a significant premium to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
LNN 28.55 Peers 22.16   LNN 2.03 Peers 1.21

Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations.

LNN is trading at a significant premium to its peers.

 

Premium. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

LNN trades at a significant premium to its peers.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
LNN 3.58 Peers 6.16   LNN 164.36 Peers 16.67

Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

LNN is trading at a significant discount to its peers.

 

Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

LNN is expected to have an earnings growth rate that significantly exceeds its peers.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
LNN 1.82 Peers 2.07   LNN 2.34 Peers 6.91

Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

LNN is trading at a discount to its industry on this measurement.

 

Lower. A sales growth rate that trails the industry implies that a company is losing market share.

LNN significantly trails its peers on the basis of sales growth

 

 

Latest Stock Upgrades/Downgrades