Stock To Watch: Lindsay Corporation (NYSE:LNN)


The leading market experts have placed a mean price target of $68.17 on Lindsay Corporation (NYSE:LNN) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.65 a share for the upcoming quarter and $2.04 for the current fiscal. Technical View The technical analysis of Lindsay Corporation Common Stoc plainly substantiates that the 50-day moving average of Lindsay Corporation Common Stoc is $70.29, and stock is hovering -2.01 or -2.86% distant from $70.29. It is noted that the 200-day MA is $71.37, and Lindsay Corporation Common Stoc stock is $-3.09 or -4.33% off from this point. Lindsay Corporation (NYSE:LNN) 52-week high is $88.71 and the 52-week low is $62.99. This explains if the stock moves $-20.43, it will post a 52-week high. In event of $+8.40% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Lindsay Corporation Common Stoc, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Lindsay Corporation (NYSE:LNN) ratio came in at 82.07. The stock last ended the trading session at $68.28 and registered a market cap of $723.77M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Lindsay Corporation (NYSE:LNN) PEG ratio is at 3.54.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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