Market experts has given a mean price target of $68.75 to Lindsay Corporation (NYSE:LNN) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $0.60 for the near-term quarter and $1.76 for this year.
The technical assessment of Lindsay Corporation Common Stoc pinpoints that the 50-day moving average of Lindsay Corporation (NYSE:LNN) stock is $71.53, and is trading $0.34 points away or +0.47% from 50-day moving average of $71.53. It is trading $0.27 or +0.38% off 200-day MA of $71.60.
The 52-week high of Lindsay Corporation (NYSE:LNN) was $79.27 while $62.99 is the low point in the same period. Lindsay Corporation Common Stoc share price has to rise more than $-7.40 to register a high for 52-weeks or drop +14.10% to make 52-week low. MA should be referred to as moving average.
Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.
Lindsay Corporation (NYSE:LNN) P/E ratio is 86.38 while PEG ratio is at 3.34. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.
Lindsay Corporation Common Stoc stock recorded a close of $71.87 in last trading session, which brings it market cap to $763.98M.
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