After beating estimates last quarter by 19 cents, Lindsay
What analysts say:
- Buy, sell, or hold?: Analysts think investors should stand pat on Lindsay with four of five analysts rating it hold.
- Revenue Forecasts: On average, analysts predict $136.1 million in revenue this quarter. That would represent a rise of 36% from the year-ago quarter.
- Wall St. Earnings Expectations: The average analyst is estimating earnings of 96 cents per share. Estimates range from 80 cents to $1.06.
What our community says:
CAPS All Stars are solidly behind the stock with 94.8% granting it an "outperform" rating. The community at large agrees with the All Stars with 91.3% assigning it a rating of "outperform." Fools have embraced Lindsay and haven't been shy with their opinions lately, logging 126 posts in the past 30 days. Even with a robust four out of five stars, Lindsay's CAPS rating falls a little short of the community's upbeat outlook.
Lindsay's profit has risen year over year by an average of 64.6%. Revenue has now gone up for three straight quarters. The company raised its gross margin by 2.3 percentage points in the last quarter. Revenue rose 41% while cost of sales rose 36.6% to $86.2 million from a year earlier.
Now let's look at how efficient management is at running the business. Traditionally, margins represent the efficiency with which companies capture portions of sales dollars. The following table shows gross and net margins over the past four quarters.
We can help you keep tabs on your companies with My Watchlist, our free, personalized service. Add Lindsay now.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
Why Lindsay Corporation, Extreme Networks, and Universal Display Jumped Today
These winners led the stock market higher today. Here's what investors need to know.
Why Movado Group, Lindsay, and Silver Wheaton Slumped Today
These stocks did worse than the overall market. Find out why.
Lindsay Corporation Earnings Get a Summer Boost
The maker of irrigation equipment and infrastructure products did better than most investors expected, but will the good times last?