Lindsay Corp LNN

Industrials Farm & Construction Equipment

Lindsay Corporation is a global manufacturer and distributor of irrigation and infrastructure equipment and technology. The Company operates through two segments: Irrigation and Infrastructure. The Company’s Irrigation segment includes the manufacture and marketing of center pivot, lateral move, and hose reel irrigation systems which are used principally in the agricultural industry to increase or stabilize crop production while conserving water, energy and labor. Its family of irrigation brands includes Zimmatic center pivot and lateral move agricultural irrigation systems, FieldNET and FieldWise remote irrigation management technology, FieldNET Advisor irrigation scheduling technology, and industrial IoT solutions. The Company’s Infrastructure segment includes the manufacture and marketing of moveable barriers, specialty barriers and crash cushions, road marking and road safety equipment, and railroad signals and structures.

NYSE:LNN - Post by User

Lindsay Corp

<< Previous

Bullboard Posts

Post by Possibleidiot01on Dec 27, 2024 3:47pm

21 Views

Post# 36378826

David Driscoll - BNN - HOLD

HOLD

Water irrigation equipment. Commodity prices are low, so farmers aren't buying systems. Satellite technology makes targeted irrigation cheaper. Road infrastructure business fairly stable. Capped costs. Earnings margins have gone up, so cashflow can be allocated to a higher dividend, R&D, and tuck-in acquisitions.

Serial acquirers tend to do better than the indices over a 10-20 year time horizon, and that's his focus.

machinery

N/A