How to Buy Lindsay Stock
Lindsay Corp
Lindsay is a agriculture company located in Nebraska, United States, which is part of the Industrials sector, and is traded under the ticker LNN on the NYSE exchange.
Lindsay stock last closed at $126.41, up 1.23% from the previous day, and has increased 9.78% in one year. It has overperformed other stocks in the Farm & Heavy Construction Machinery industry by 0.05 percentage points. Lindsay stock is currently +18.74% from its 52-week low of $106.46, and -7.94% from its 52-week high of $137.31.
As of Sep 19, 2024, there are 10.89M LNN shares outstanding. The market cap of LNN is $1.38B. In the last 24 hours, 52,441 LNN shares were traded.
How to Buy Lindsay Stock
Not sure how to invest in Lindsay stock? Here's how.
- Figure out where to buy Lindsay stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Lindsay stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your method of payment and add your info.
- Evaluate Lindsay stock: The Lindsay ticker symbol is LNN. Is Lindsay stock a good investment? Should you buy shares of LNN? How do LNN's underlying business fundamentals look? Do top analysts think Lindsay is a good buy? Why has LNN's stock price moved recently? (Hint: Our stock market research website can help you understand if LNN is a good stock to buy).
- Place your LNN buy order: Decide if you will purchase LNN shares at the current market price or use a limit order to buy LNN stock at a specific price.
- Track your investment in LNN: Create a watchlist to get the latest news on your new investment in Lindsay stock.
Step 1: Figure out where to buy Lindsay stock
You need a brokerage account in order to access the NYSE market and buy LNN stock.
Our favorite brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. eToro gives you:
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Get $10 towards your purchase of stock by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal info so you can buy LNN stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start your new trading account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've opened your account on the best stock app, you can securely and quickly fund your account:
Watch the walkthrough below for more details depositing money into your investment account.
Step 4: Evaluate Lindsay stock
Once you have chosen the best place to buy Lindsay stock, it's critical to evaluate their stock before you invest, so you actually understand the risk and upside.
Lindsay quick stats
Lindsay Zen Score
WallStreetZen was created to help everyday investors do better fundamental analysis.
You can see all of the due diligence checks on LNN's stock page.
Is LNN stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge LNN's fair value.
Using relative valuations ratios:
- LNN could be overvalued based on its P/E ratio of 19.15x, relative to Farm & Heavy Construction Machinery industry P/E ratio of 13.59x
- LNN may be undervalued based on its P/B ratio of 2.87x, relative to Farm & Heavy Construction Machinery industry P/B ratio of 4.75x
- LNN could be overvalued based on its PEG ratio of 36.06x
You can do additional valuation research on LNN's stock here.
LNN Financial Overview
Signs that LNN is financially healthy:
- LNN profit margin has gone up from 10.2% to 11.7% in the past year.
- LNN's operating cash flow of $103.19M allows it to safely service it's debt of $131.39M.
- There are more short-term assets than short-term liabilities on the LNN balance sheet.
- Total LNN debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the LNN balance sheet.
- LNN earnings of $92.14M is not enough to cover its interest payments.
Signs that LNN is not financially healthy:
- LNN has a relatively high debt to equity ratio of 0.58.
Is LNN stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Equities analysts who research LNN, the consensus analyst rating on Lindsay is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Lindsay stock forecast page.
Metrics for Advanced LNN Traders
LNN Growth Metrics
Last year, LNN earnings were $72.75M. Over the past 5 year, LNN's earnings have increased by 66.23% per year. This was faster than the Farm & Heavy Construction Machinery industry average of 18.99%.
Last year, LNN revenue was $619.21M. During the past 5 year, LNN's revenue has increased by 5.87% per year. This was faster than the Farm & Heavy Construction Machinery industry average of 5.1%.
Find out more about LNN's earnings and revenue performance here.
Who is buying/selling LNN?
In the past 12 months, executives and large shareholders at LNN have sold more shares than they have bought.
James Scott Marion, President - Infrastructure of LNN, was the latest LNN insider to sell. They sold $83,300.00 worth of LNN shares on Jul 15, 2024.
Research more about who owns LNN stock here.
Can I get consistent income from LNN stock?
Lindsay pays a dividend of 1.12%, compared to the Farm & Heavy Construction Machinery industry's average dividend yield of 1.84%. If you owned $1,000 worth of LNN stock, you would have received $11.15 last year.
Lindsay dividend payments have consistently grown over the past decade and have remained stable.
Get more data about Lindsay dividend yield and history here.
What others are saying about LNN
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your LNN buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, use a limit order.
Click the Open button and your broker will execute the order.
If you require more assistance buying stocks on eToro, watch the helpful video below:
Step 6: Track your investment in LNN
Now that you own some LNN stock, you'll want to keep up with your investment.
Add LNN to a watchlist to track your LNN stock.
LNN Feed
How to Buy Stock in Lindsay
To reiterate, here are the 6 steps for buying Lindsay stock:
- Figure out where to buy Lindsay stock
- Sign up for a brokerage account
- Deposit money your investment account
- Evaluate Lindsay stock
- Place your LNN buy order
- Track your investment in LNN
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Lindsay, get started below.
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