Lindsay (LNN) Stock Forecast, Price Target & Predictions
LNN Stock Forecast
Lindsay stock forecast is as follows: an average price target of $138.50 (represents a 12.96% upside from LNN’s last price of $122.61) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
LNN Price Target
The average price target for Lindsay (LNN) is $138.50 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $142.00 to $135.00. This represents a potential 12.96% upside from LNN's last price of $122.61.
LNN Analyst Ratings
According to 1 Wall Street analysts, Lindsay's rating consensus is 'Buy'. The analyst rating breakdown for LNN stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Lindsay Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 05, 2024 | Lindsay to Buy | Northcoast Research | $142.00 | $114.49 | 24.03% | 15.81% |
| Sep 15, 2023 | Nathan Jones | Stifel Nicolaus | $135.00 | $114.19 | 18.22% | 10.11% |
The latest Lindsay stock forecast, released on Apr 05, 2024 by Lindsay to Buy from Northcoast Research, set a price target of $142.00, which represents a 24.03% increase from the stock price at the time of the forecast ($114.49), and a 15.81% increase from LNN last price ($122.61).
Lindsay Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $142.00 |
| Last Closing Price | $122.61 | $122.61 | $122.61 |
| Upside/Downside | -100.00% | -100.00% | 15.81% |
In the current month, the average price target of Lindsay stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Lindsay's last price of $122.61. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Apr 05, 2024 | Northcoast Research | Buy | Upgrade |
Lindsay's last stock rating was published by Northcoast Research on Apr 05, 2024. The company Upgrade its LNN rating from "null" to "Buy".
Lindsay Financial Forecast
Lindsay Revenue Forecast
| Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $281.75M | $275.88M | - | - | $190.20M | $214.26M | - | - | $153.65M | $161.94M | - | - | $128.41M | $123.11M | - | - | $101.89M | $121.05M |
| Avg Forecast | $184.00M | $165.00M | $180.00M | $192.00M | $163.79M | $160.84M | $167.04M | $169.78M | $145.37M | $144.38M | $172.06M | $163.44M | $157.82M | $206.34M | $193.71M | $205.80M | $177.70M | $188.95M | $187.09M | $140.41M | $141.86M | $146.43M | $132.50M | $113.07M | $117.44M | $123.52M | $112.58M | $110.50M | $105.66M | $128.63M |
| High Forecast | $185.70M | $166.52M | $181.66M | $193.77M | $165.30M | $162.33M | $167.16M | $179.02M | $145.75M | $144.38M | $172.06M | $167.28M | $159.28M | $208.24M | $195.49M | $246.96M | $177.70M | $188.95M | $187.09M | $140.41M | $141.86M | $146.43M | $132.50M | $113.07M | $117.44M | $123.52M | $112.58M | $110.50M | $105.66M | $128.63M |
| Low Forecast | $182.10M | $163.30M | $178.14M | $190.02M | $162.10M | $159.18M | $166.92M | $160.53M | $145.00M | $144.38M | $172.06M | $156.28M | $156.19M | $204.20M | $191.71M | $164.64M | $177.70M | $188.95M | $187.09M | $140.41M | $141.86M | $146.43M | $132.50M | $113.07M | $117.44M | $123.52M | $112.58M | $110.50M | $105.66M | $128.63M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 10 | 10 | 20 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 10 | 10 | 10 | 10 | 9 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.79% | 1.34% | - | - | 1.07% | 1.13% | - | - | 1.08% | 1.11% | - | - | 1.09% | 1.00% | - | - | 0.96% | 0.94% |
Lindsay's average Quarter revenue forecast for Dec 23 based on 3 analysts is $163.44M, with a low forecast of $156.28M, and a high forecast of $167.28M. LNN's average Quarter revenue forecast represents a -41.99% decrease compared to the company's last Quarter revenue of $281.75M (Aug 23).
Lindsay EBITDA Forecast
| Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 10 | 10 | 20 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 10 | 10 | 10 | 10 | 9 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $23.36M | $26.96M | - | - | $24.56M | $41.58M | - | - | $13.45M | $27.14M | - | - | $24.89M | $18.19M | - | - | $7.05M | $7.96M |
| Avg Forecast | $28.23M | $25.32M | $27.62M | $29.46M | $25.13M | $24.68M | $25.63M | $26.05M | $22.31M | $22.15M | $27.66M | $25.08M | $24.22M | $31.66M | $25.14M | $20.19M | $23.48M | $24.96M | $22.86M | $18.55M | $18.74M | $19.35M | $15.26M | $14.94M | $15.52M | $16.32M | $11.03M | $14.60M | $13.96M | $16.99M |
| High Forecast | $28.49M | $25.55M | $27.87M | $29.73M | $25.36M | $24.91M | $25.65M | $27.47M | $22.36M | $22.15M | $33.19M | $25.67M | $24.44M | $31.95M | $30.17M | $24.23M | $23.48M | $24.96M | $27.43M | $18.55M | $18.74M | $19.35M | $18.31M | $14.94M | $15.52M | $16.32M | $13.24M | $14.60M | $13.96M | $16.99M |
| Low Forecast | $27.94M | $25.05M | $27.33M | $29.15M | $24.87M | $24.42M | $25.61M | $24.63M | $22.25M | $22.15M | $22.12M | $23.98M | $23.97M | $31.33M | $20.11M | $16.16M | $23.48M | $24.96M | $18.29M | $18.55M | $18.74M | $19.35M | $12.21M | $14.94M | $15.52M | $16.32M | $8.82M | $14.60M | $13.96M | $16.99M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 0.85% | - | - | 1.05% | 1.67% | - | - | 0.72% | 1.40% | - | - | 1.60% | 1.11% | - | - | 0.50% | 0.47% |
3 analysts predict LNN's average Quarter EBITDA for Dec 23 to be $25.08M, with a high of $25.67M and a low of $23.98M. This is 7.33% upper than Lindsay's previous annual EBITDA (Aug 23) of $23.36M.
Lindsay Net Income Forecast
| Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 10 | 10 | 20 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 10 | 10 | 10 | 10 | 9 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $19.23M | $16.88M | - | - | $17.93M | $25.07M | - | - | $5.80M | $17.80M | - | - | $14.67M | $10.09M | - | - | $1.50M | $2.90M |
| Avg Forecast | $17.55M | $16.90M | $19.63M | $19.41M | $13.61M | $16.31M | $17.24M | $15.20M | $11.04M | $12.78M | $15.86M | $13.86M | $12.14M | $23.30M | $14.42M | $10.27M | $14.96M | $18.13M | $13.11M | $9.73M | $8.82M | $14.31M | $8.84M | $8.24M | $10.34M | $9.73M | $4.78M | $5.56M | $3.90M | $7.90M |
| High Forecast | $17.76M | $17.10M | $19.86M | $19.64M | $13.77M | $16.51M | $17.57M | $15.42M | $11.11M | $12.79M | $19.03M | $14.96M | $12.28M | $23.58M | $17.30M | $12.33M | $15.43M | $18.13M | $15.73M | $9.73M | $8.82M | $14.31M | $10.61M | $8.24M | $10.34M | $9.73M | $5.74M | $5.56M | $3.90M | $7.90M |
| Low Forecast | $17.32M | $16.67M | $19.36M | $19.15M | $13.43M | $16.09M | $16.91M | $14.97M | $10.97M | $12.78M | $12.69M | $13.31M | $11.97M | $22.98M | $11.54M | $8.22M | $14.50M | $18.13M | $10.49M | $9.73M | $8.82M | $14.31M | $7.07M | $8.24M | $10.34M | $9.73M | $3.82M | $5.56M | $3.90M | $7.90M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.58% | 0.72% | - | - | 1.20% | 1.38% | - | - | 0.66% | 1.24% | - | - | 1.42% | 1.04% | - | - | 0.38% | 0.37% |
Lindsay's average Quarter net income forecast for Dec 23 is $13.86M, with a range of $13.31M to $14.96M. LNN's average Quarter net income forecast represents a -27.92% decrease compared to the company's last Quarter net income of $19.23M (Aug 23).
Lindsay SG&A Forecast
| Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 10 | 10 | 20 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 10 | 10 | 10 | 10 | 9 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $24.28M | $21.74M | - | - | $24.77M | $22.80M | - | - | $20.29M | $19.61M | - | - | $24.26M | $20.47M | - | - | $24.04M | $22.21M |
| Avg Forecast | $27.13M | $24.33M | $26.54M | $28.31M | $24.15M | $23.72M | $24.63M | $25.03M | $21.43M | $21.29M | $22.82M | $24.10M | $23.27M | $30.42M | $20.74M | $27.13M | $28.07M | $29.85M | $18.86M | $22.18M | $22.41M | $23.13M | $16.41M | $17.86M | $18.55M | $19.51M | $18.51M | $17.46M | $16.69M | $20.32M |
| High Forecast | $27.38M | $24.55M | $26.78M | $28.57M | $24.37M | $23.93M | $24.65M | $26.40M | $21.49M | $21.29M | $27.38M | $24.66M | $23.49M | $30.70M | $24.89M | $32.56M | $28.07M | $29.85M | $22.63M | $22.18M | $22.41M | $23.13M | $19.69M | $17.86M | $18.55M | $19.51M | $22.21M | $17.46M | $16.69M | $20.32M |
| Low Forecast | $26.85M | $24.08M | $26.27M | $28.02M | $23.90M | $23.47M | $24.61M | $23.67M | $21.38M | $21.29M | $18.26M | $23.04M | $23.03M | $30.11M | $16.60M | $21.70M | $28.07M | $29.85M | $15.09M | $22.18M | $22.41M | $23.13M | $13.13M | $17.86M | $18.55M | $19.51M | $14.81M | $17.46M | $16.69M | $20.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 0.71% | - | - | 0.88% | 0.76% | - | - | 0.91% | 0.85% | - | - | 1.31% | 1.05% | - | - | 1.44% | 1.09% |
Lindsay's average Quarter SG&A projection for Dec 23 is $24.10M, based on 3 Wall Street analysts, with a range of $23.04M to $24.66M. The forecast indicates a -0.76% fall compared to LNN last annual SG&A of $24.28M (Aug 23).
Lindsay EPS Forecast
| Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 10 | 10 | 20 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 10 | 10 | 10 | 10 | 9 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.75 | $1.53 | - | - | $1.63 | $2.28 | - | - | $0.53 | $1.63 | - | - | $1.35 | $0.93 | - | - | $0.14 | $0.27 |
| Avg Forecast | $1.61 | $1.55 | $1.80 | $1.78 | $1.25 | $1.50 | $1.58 | $1.39 | $1.01 | $1.17 | $1.56 | $1.27 | $1.11 | $2.14 | $1.53 | $1.95 | $1.36 | $1.64 | $1.20 | $0.88 | $0.80 | $1.30 | $0.86 | $0.75 | $0.94 | $0.88 | $0.45 | $0.50 | $0.35 | $0.72 |
| High Forecast | $1.63 | $1.57 | $1.82 | $1.80 | $1.26 | $1.51 | $1.61 | $1.41 | $1.02 | $1.17 | $1.57 | $1.37 | $1.13 | $2.16 | $1.58 | $1.98 | $1.40 | $1.64 | $1.20 | $0.88 | $0.80 | $1.30 | $0.86 | $0.75 | $0.94 | $0.88 | $0.45 | $0.50 | $0.35 | $0.72 |
| Low Forecast | $1.59 | $1.53 | $1.78 | $1.76 | $1.23 | $1.48 | $1.55 | $1.37 | $1.01 | $1.17 | $1.54 | $1.22 | $1.10 | $2.11 | $1.48 | $1.93 | $1.31 | $1.64 | $1.20 | $0.88 | $0.80 | $1.30 | $0.86 | $0.75 | $0.94 | $0.88 | $0.45 | $0.50 | $0.35 | $0.72 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.57% | 0.72% | - | - | 1.20% | 1.39% | - | - | 0.66% | 1.26% | - | - | 1.44% | 1.05% | - | - | 0.40% | 0.38% |
According to 3 Wall Street analysts, Lindsay's projected average Quarter EPS for Dec 23 is $1.27, with a low estimate of $1.22 and a high estimate of $1.37. This represents a -27.36% decrease compared to LNN previous annual EPS of $1.75 (Aug 23).
Lindsay Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SHYF | Shyft Group | $12.54 | $35.00 | 179.11% | Strong Buy |
| HY | Hyster-Yale Materials Handling | $52.58 | $90.00 | 71.17% | Buy |
| TEX | Terex | $47.29 | $65.00 | 37.45% | Hold |
| MTW | Manitowoc Company | $9.35 | $12.75 | 36.36% | Buy |
| CMCO | Columbus McKinnon | $38.43 | $49.00 | 27.50% | |
| REVG | REV Group | $32.60 | $38.00 | 16.56% | Buy |
| AGCO | AGCO | $96.86 | $107.67 | 11.16% | Hold |
| LNN | Lindsay | $127.18 | $138.50 | 8.90% | Buy |
| ALG | Alamo Group | $196.51 | $209.00 | 6.36% | Buy |
| CAT | Caterpillar | $375.80 | $392.50 | 4.44% | Buy |
| ASTE | Astec Industries | $35.94 | $36.00 | 0.17% | Hold |
| WNC | Wabash National | $18.27 | $18.00 | -1.48% | Hold |
| DE | Deere & Company | $443.59 | $410.00 | -7.57% | Buy |