Lindsay Corp (LNN) Files 10-K for the Fiscal Year Ended on August 31, 2018
- By insider
Lindsay Corp (LNN) files its latest 10-K with SEC for the fiscal year ended on August 31, 2018. Lindsay Corp designs, manufactures, and sells irrigation systems used in the agricultural industry. It also provides proprietary water management and road infrastructure products and services. The firm has Irrigation and Infrastructure reportable systems. Lindsay Corp has a market cap of $983.864 million; its shares were traded at around $91.46 with a P/E ratio of 45.50 and P/S ratio of 1.79. The dividend yield of Lindsay Corp stocks is 1.33%. Lindsay Corp had annual average EBITDA growth of 2.60% over the past ten years.
Warning! GuruFocus has detected 4 Warning Sign with LNN. Click here to check it out.
The intrinsic value of LNN
For the last quarter Lindsay Corp reported a revenue of $123.3 million, compared with the revenue of $131.9 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $547.7 million, an increase of 5.7% from last year. For the last five years Lindsay Corp had an average revenue decline of 4.9% a year. The Lindsay Corp had an operating margin of 7.04%, compared with the operating margin of 7.76% a year before. The 10-year historical median operating margin of Lindsay Corp is 9.81%. The profitability rank of the company is 5 (out of 10).
At the end of the fiscal year, Lindsay Corp has the cash and cash equivalents of $160.8 million, compared with $121.6 million in the previous year. The long term debt was $116.6 million, compared with $116.8 million in the previous year. The interest coverage to the debt is 8.2. Lindsay Corp has a financial strength rank of 7 (out of 10).
At the current stock price of $91.46, Lindsay Corp is traded at close to its historical median P/S valuation band of $83.96. The P/S ratio of the stock is 1.79, while the historical median P/S ratio is 1.65. The stock gained 1.72% during the past 12 months.
For the complete 20-year historical financial data of LNN, click here.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 4 Warning Sign with LNN. Click here to check it out.
The intrinsic value of LNN
