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 12.27% upside from LNN’s last price of $123.36) 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 12.27% upside from LNN's last price of $123.36.
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% | 15.11% |
| Sep 15, 2023 | Nathan Jones | Stifel Nicolaus | $135.00 | $114.19 | 18.22% | 9.44% |
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 15.11% increase from LNN last price ($123.36).
Lindsay Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $142.00 |
| Last Closing Price | $123.36 | $123.36 | $123.36 |
| Upside/Downside | -100.00% | -100.00% | 15.11% |
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 $123.36. 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 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 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Mar 20 | Nov 19 | Aug 19 | May 19 | Mar 19 | Nov 18 | Aug 18 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $281.75M | $275.88M | - | - | $190.20M | $214.26M | - | $166.15M | $153.65M | $161.94M | - | $108.48M | $128.41M | $123.11M | - | $109.39M | $101.89M | $121.05M | - | $111.95M | $123.27M | $169.57M |
| Avg Forecast | $165.74M | $161.28M | $170.72M | $180.52M | $145.37M | $144.38M | $172.06M | $163.44M | $157.82M | $206.34M | $193.71M | $176.39M | $179.48M | $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 | $115.43M | $132.57M | $234.86M | $144.06M |
| High Forecast | $165.74M | $161.28M | $170.72M | $180.52M | $147.25M | $144.38M | $172.06M | $167.28M | $157.82M | $206.34M | $193.71M | $176.39M | $215.37M | $226.74M | $202.12M | $151.69M | $153.26M | $158.19M | $143.14M | $122.15M | $126.87M | $133.44M | $121.63M | $119.38M | $114.15M | $138.97M | $124.70M | $159.09M | $281.83M | $172.87M |
| Low Forecast | $165.74M | $161.28M | $170.72M | $180.52M | $143.50M | $144.38M | $172.06M | $156.28M | $157.82M | $206.34M | $193.71M | $176.39M | $143.58M | $151.16M | $168.05M | $126.12M | $127.42M | $131.53M | $119.01M | $101.56M | $105.48M | $110.95M | $101.12M | $99.26M | $94.91M | $115.54M | $103.68M | $106.06M | $187.89M | $115.25M |
| # Analysts | 1 | 1 | - | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 8 | 7 | 17 | 8 | - | 1 | 1 | 10 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 15 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | 1.79% | 1.34% | - | - | 1.06% | 1.13% | - | 1.18% | 1.08% | 1.11% | - | 0.96% | 1.09% | 1.00% | - | 0.99% | 0.96% | 0.94% | - | 0.84% | 0.52% | 1.18% |
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 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 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Mar 20 | Nov 19 | Aug 19 | May 19 | Mar 19 | Nov 18 | Aug 18 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | - | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 8 | 7 | 17 | 8 | - | 1 | 1 | 10 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 15 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | $23.36M | $26.96M | - | - | $24.56M | $41.58M | - | $15.53M | $13.45M | $27.14M | - | $13.22M | $24.89M | $18.19M | - | $17.19M | $7.05M | $7.96M | - | $6.31M | $10.79M | $22.92M |
| Avg Forecast | $21.90M | $21.31M | $22.56M | $23.85M | $19.21M | $19.08M | $27.66M | $21.59M | $20.85M | $27.26M | $25.14M | $23.30M | $22.61M | $25.05M | $22.86M | $18.36M | $17.87M | $18.47M | $15.26M | $14.99M | $15.44M | $17.16M | $11.03M | $8.70M | $3.54M | $10.68M | $-752.66K | $7.29M | $14.32M | $18.86M |
| High Forecast | $21.90M | $21.31M | $22.56M | $23.85M | $19.45M | $19.08M | $33.19M | $22.10M | $20.85M | $27.26M | $30.17M | $23.30M | $27.13M | $30.06M | $27.43M | $22.03M | $21.44M | $22.16M | $18.31M | $17.98M | $18.53M | $20.59M | $13.24M | $10.44M | $4.25M | $12.82M | $-602.13K | $8.75M | $17.19M | $22.63M |
| Low Forecast | $21.90M | $21.31M | $22.56M | $23.85M | $18.96M | $19.08M | $22.12M | $20.65M | $20.85M | $27.26M | $20.11M | $23.30M | $18.08M | $20.04M | $18.29M | $14.69M | $14.30M | $14.77M | $12.21M | $11.99M | $12.35M | $13.73M | $8.82M | $6.96M | $2.83M | $8.55M | $-903.19K | $5.83M | $11.46M | $15.09M |
| Surprise % | - | - | - | - | - | - | - | - | 1.12% | 0.99% | - | - | 1.09% | 1.66% | - | 0.85% | 0.75% | 1.47% | - | 0.88% | 1.61% | 1.06% | - | 1.98% | 1.99% | 0.75% | - | 0.87% | 0.75% | 1.22% |
3 analysts predict LNN's average Quarter EBITDA for Dec 23 to be $21.59M, with a high of $22.10M and a low of $20.65M. This is -7.58% lower than Lindsay's previous annual EBITDA (Aug 23) of $23.36M.
Lindsay Net Income Forecast
| 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 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Mar 20 | Nov 19 | Aug 19 | May 19 | Mar 19 | Nov 18 | Aug 18 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | - | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 8 | 7 | 17 | 8 | - | 1 | 1 | 10 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 15 | 9 |
| Net Income | - | - | - | - | - | - | - | - | $19.23M | $16.88M | - | - | $17.93M | $25.07M | - | $7.90M | $5.80M | $17.80M | - | $7.09M | $14.67M | $10.09M | - | $8.35M | $1.50M | $2.90M | - | $1.21M | $4.98M | $10.38M |
| Avg Forecast | $11.86M | $14.06M | $16.82M | $17.26M | $11.17M | $12.93M | $15.86M | $14.02M | $12.28M | $23.57M | $14.42M | $13.02M | $9.76M | $15.11M | $13.11M | $9.34M | $7.71M | $12.11M | $8.84M | $8.04M | $9.10M | $9.52M | $4.78M | $4.22M | $755.79K | $3.89M | $-6.09M | $1.40M | $6.61M | $8.54M |
| High Forecast | $11.86M | $14.06M | $16.82M | $17.26M | $12.56M | $12.93M | $19.03M | $15.13M | $12.28M | $23.57M | $17.30M | $13.02M | $11.71M | $18.13M | $15.73M | $11.21M | $9.26M | $14.53M | $10.61M | $9.65M | $10.92M | $11.42M | $5.74M | $5.07M | $906.95K | $4.67M | $-4.87M | $1.68M | $7.93M | $10.25M |
| Low Forecast | $11.86M | $14.06M | $16.82M | $17.26M | $9.77M | $12.93M | $12.69M | $13.47M | $12.28M | $23.57M | $11.54M | $13.02M | $7.81M | $12.09M | $10.49M | $7.47M | $6.17M | $9.69M | $7.07M | $6.43M | $7.28M | $7.62M | $3.82M | $3.38M | $604.63K | $3.11M | $-7.31M | $1.12M | $5.29M | $6.83M |
| Surprise % | - | - | - | - | - | - | - | - | 1.57% | 0.72% | - | - | 1.84% | 1.66% | - | 0.85% | 0.75% | 1.47% | - | 0.88% | 1.61% | 1.06% | - | 1.98% | 1.99% | 0.75% | - | 0.87% | 0.75% | 1.22% |
Lindsay's average Quarter net income forecast for Dec 23 is $14.02M, with a range of $13.47M to $15.13M. LNN's average Quarter net income forecast represents a -27.08% decrease compared to the company's last Quarter net income of $19.23M (Aug 23).
Lindsay SG&A Forecast
| 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 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Mar 20 | Nov 19 | Aug 19 | May 19 | Mar 19 | Nov 18 | Aug 18 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | - | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 8 | 7 | 17 | 8 | - | 1 | 1 | 10 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 15 | 9 |
| SG&A | - | - | - | - | - | - | - | - | $24.28M | $21.74M | - | - | $24.77M | $22.80M | - | $20.87M | $20.29M | $19.61M | - | $20.78M | $24.26M | $20.47M | - | $18.30M | $24.04M | $22.21M | - | $23.04M | $21.56M | $28.82M |
| Avg Forecast | $26.18M | $25.48M | $26.97M | $28.52M | $22.96M | $22.81M | $22.82M | $25.82M | $24.93M | $32.59M | $20.74M | $27.86M | $34.11M | $13.74M | $18.86M | $24.66M | $26.97M | $13.34M | $16.41M | $23.55M | $15.05M | $19.31M | $18.51M | $9.26M | $12.09M | $29.81M | $44.75M | $26.62M | $28.62M | $23.71M |
| High Forecast | $26.18M | $25.48M | $26.97M | $28.52M | $23.26M | $22.81M | $27.38M | $26.42M | $24.93M | $32.59M | $24.89M | $27.86M | $40.93M | $16.48M | $22.63M | $29.60M | $32.36M | $16.01M | $19.69M | $28.26M | $18.06M | $23.17M | $22.21M | $11.11M | $14.51M | $35.77M | $53.70M | $31.95M | $34.34M | $28.45M |
| Low Forecast | $26.18M | $25.48M | $26.97M | $28.52M | $22.67M | $22.81M | $18.26M | $24.69M | $24.93M | $32.59M | $16.60M | $27.86M | $27.29M | $10.99M | $15.09M | $19.73M | $21.57M | $10.67M | $13.13M | $18.84M | $12.04M | $15.45M | $14.81M | $7.41M | $9.67M | $23.85M | $35.80M | $21.30M | $22.89M | $18.97M |
| Surprise % | - | - | - | - | - | - | - | - | 0.97% | 0.67% | - | - | 0.73% | 1.66% | - | 0.85% | 0.75% | 1.47% | - | 0.88% | 1.61% | 1.06% | - | 1.98% | 1.99% | 0.75% | - | 0.87% | 0.75% | 1.22% |
Lindsay's average Quarter SG&A projection for Dec 23 is $25.82M, based on 3 Wall Street analysts, with a range of $24.69M to $26.42M. The forecast indicates a 6.32% rise compared to LNN last annual SG&A of $24.28M (Aug 23).
Lindsay EPS Forecast
| 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 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Mar 20 | Nov 19 | Aug 19 | May 19 | Mar 19 | Nov 18 | Aug 18 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | - | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 8 | 7 | 17 | 8 | - | 1 | 1 | 10 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 15 | 9 |
| EPS | - | - | - | - | - | - | - | - | $1.75 | $1.53 | - | - | $1.63 | $2.28 | - | $0.72 | $0.53 | $1.63 | - | $0.65 | $1.35 | $0.93 | - | $0.77 | $0.14 | $0.27 | - | $0.11 | $0.46 | $0.96 |
| Avg Forecast | $1.07 | $1.27 | $1.52 | $1.56 | $1.01 | $1.17 | $1.56 | $1.27 | $1.11 | $2.14 | $1.53 | $1.18 | $1.27 | $1.15 | $1.20 | $0.88 | $0.80 | $1.30 | $0.86 | $0.75 | $0.94 | $0.88 | $0.45 | $0.50 | $0.35 | $0.72 | $0.38 | $0.52 | $1.06 | $1.16 |
| High Forecast | $1.07 | $1.27 | $1.52 | $1.56 | $1.14 | $1.17 | $1.56 | $1.37 | $1.11 | $2.14 | $1.53 | $1.18 | $1.27 | $1.27 | $1.32 | $0.97 | $0.88 | $1.43 | $0.95 | $0.83 | $1.04 | $0.97 | $0.50 | $0.56 | $0.39 | $0.79 | $0.42 | $0.62 | $1.27 | $1.39 |
| Low Forecast | $1.07 | $1.27 | $1.52 | $1.56 | $0.89 | $1.17 | $1.56 | $1.22 | $1.11 | $2.14 | $1.53 | $1.18 | $1.27 | $1.04 | $1.04 | $0.77 | $0.69 | $1.13 | $0.75 | $0.65 | $0.81 | $0.77 | $0.39 | $0.44 | $0.31 | $0.62 | $0.33 | $0.42 | $0.85 | $0.93 |
| Surprise % | - | - | - | - | - | - | - | - | 1.57% | 0.72% | - | - | 1.28% | 1.97% | - | 0.82% | 0.66% | 1.26% | - | 0.87% | 1.44% | 1.05% | - | 1.53% | 0.40% | 0.38% | - | 0.21% | 0.43% | 0.83% |
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 | $12.83 | $35.00 | 172.80% | Strong Buy |
| CMCO | Columbus McKinnon | $31.76 | $49.00 | 54.28% | - |
| AGCO | AGCO | $92.71 | $139.00 | 49.93% | Buy |
| CNHI | CNH Industrial NV | $11.45 | $17.00 | 48.47% | Buy |
| HY | Hyster-Yale Materials Handling | $60.88 | $90.00 | 47.83% | Buy |
| MTW | Manitowoc Company | $10.04 | $12.75 | 26.99% | Buy |
| ALG | Alamo Group | $178.90 | $215.00 | 20.18% | Buy |
| WNC | Wabash National | $19.68 | $23.25 | 18.14% | Hold |
| ASTE | Astec Industries | $32.00 | $36.00 | 12.50% | Hold |
| LNN | Lindsay | $123.36 | $138.50 | 12.27% | Buy |
| DE | Deere & Company | $397.88 | $424.70 | 6.74% | Buy |
| TEX | Terex | $55.49 | $54.90 | -1.06% | Hold |
| CAT | Caterpillar | $353.69 | $277.27 | -21.61% | Buy |
| REVG | REV Group | $28.57 | $19.60 | -31.40% | Buy |
LNN Forecast FAQ
Is Lindsay a good buy?
Yes, according to 1 Wall Street analysts, Lindsay (LNN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of LNN's total ratings.
What is LNN's price target?
Lindsay (LNN) average price target is $138.5 with a range of $135 to $142, implying a 12.27% from its last price of $123.36. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Lindsay stock go up soon?
According to Wall Street analysts' prediction for LNN stock, the company can go up by 12.27% (from the last price of $123.36 to the average price target of $138.5), up by 15.11% based on the highest stock price target, and up by 9.44% based on the lowest stock price target.
Can Lindsay stock reach $200?
LNN's average twelve months analyst stock price target of $138.5 does not support the claim that Lindsay can reach $200 in the near future.
What are Lindsay's analysts' financial forecasts?
Lindsay's analysts financial forecasts for the fiscal year (Aug 2024) are as follows: average revenue is $625.25M (high $630.96M, low $616.21M), average EBITDA is $87.53M (high $93.82M, low $80.81M), average net income is $53.98M (high $59.67M, low $48.86M), average SG&A $94.41M (high $99.88M, low $88.42M), and average EPS is $5.01 (high $5.24, low $4.83). LNN's analysts financial forecasts for the fiscal year (Aug 2025) are as follows: average revenue is $678.26M (high $678.26M, low $678.26M), average EBITDA is $89.61M (high $89.61M, low $89.61M), average net income is $60M (high $60M, low $60M), average SG&A $107.14M (high $107.14M, low $107.14M), and average EPS is $5.44 (high $5.44, low $5.44).
Did the LNN's actual financial results beat the analysts' financial forecasts?
Based on Lindsay's last annual report (Aug 2023), the company's revenue was $1.14B, beating the average analysts forecast of $734.26M by 54.60%. Apple's EBITDA was $102.18M, beating the average prediction of $96.56M by 5.83%. The company's net income was $72.38M, beating the average estimation of $63.28M by 14.38%. Apple's SG&A was $92.61M, missing the average forecast of $106.13M by -12.74%. Lastly, the company's EPS was $6.58, beating the average prediction of $5.96 by 10.47%. In terms of the last quarterly report (Aug 2023), Lindsay's revenue was $281.75M, beating the average analysts' forecast of $157.82M by 78.52%. The company's EBITDA was $23.36M, beating the average prediction of $20.85M by 12.05%. Lindsay's net income was $19.23M, beating the average estimation of $12.28M by 56.61%. The company's SG&A was $24.28M, missing the average forecast of $24.93M by -2.60%. Lastly, the company's EPS was $1.75, beating the average prediction of $1.11 by 57.21%