Last $86.81 USD
Change Today +1.11 / 1.30%
Volume 2.3K
LNN On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 9:56 AM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).
text size: T | T
Back to Snapshot
Company Description

Contact Info

2222 North 111th Street

Omaha, NE 68164

United States

Phone: 402-829-6800

Fax: 402-829-6834

Lindsay Corporation, together with its subsidiaries, provides various proprietary water management and road infrastructure products and services worldwide. The company engages in the manufacture and distribution of agricultural equipment. Segments The company's operations are categorized into two segments, Irrigation and Infrastructure. Irrigation segment The company manufactures and markets its center pivot and lateral move irrigation systems in the U.S. and internationally under its Zimmatic brand. The company also manufactures and markets separate lines of center pivot and lateral move irrigation equipment for use on smaller fields under its Greenfield brand; and hose reel travelers under the Perrot and Greenfield brands in Europe and South Africa. The company also produces or markets irrigation controls, chemical injection systems, and remote monitoring and control systems, which it sells under its GrowSmart brand. In addition to whole systems, the company manufactures and markets repair and replacement parts for its irrigation systems and controls. The company also designs and manufactures water pumping stations and controls for the agriculture, golf, landscape, and municipal markets; and filtration solutions for groundwater, agriculture, industrial, and heat transfer markets, worldwide, under its LAKOS brand. The company’s irrigation systems are primarily of the standard sized center pivot type, with a small portion of its products consisting of the lateral move type. Both are automatic move systems consisting of sprinklers mounted on a water carrying pipeline, which is supported approximately 11 feet off the ground by a truss system suspended between moving towers. A typical center pivot in the U.S. is approximately 1,300 feet long and is designed to circle within a quarter-section of land, which comprises 160 acres, wherein it irrigates approximately 125 to 130 acres. A center pivot or lateral move system could also be custom designed and could irrigate from 25 to 600+ acres. The company’s center pivot and lateral move irrigation systems could be improved with a family of integrated proprietary products, such as water pumping station controls. The company also manufactures and distributes hose reel travelers. Hose reel travelers are deployed in smaller or irregular fields. The company also markets remote monitoring and automation technology for pivot and drip irrigation systems that is sold on a subscription basis under the FieldNET product name. FieldNET technology allows growers to remotely monitor and operate irrigation equipment, saving time, and reducing water and energy consumption. The technology uses cellular or radio frequency communication systems to remotely acquire data relating to various conditions in an irrigated field, including operational status of the irrigation system, position of the irrigation system, water flow rates, weather and soil conditions, and similar data. The system could remotely control the irrigation system, including changing position, varying water flow rates, and controlling pump station and diesel generator operation. Data management and control is achieved using applications running on either a personal computer-based Internet browser or various mobile devices connected to the Internet. Other Types of Irrigation Center pivot and lateral move irrigation systems compete with three other types of irrigation, such as flood, drip, and other mechanical devices, such as hose reel travelers and solid set sprinklers. The bulk of the worldwide irrigation is accomplished by the traditional method of flood irrigation. Flood irrigation is accomplished by either flooding an entire field, or by providing a water source (ditches or a pipe) along the side of a field, which is planed and slopes slightly away from the water source. Various other types of mechanical devices, such as hose reel travelers, irrigate the remaining irrigated acres. Markets United States Market: In the United States, the company sells its branded irrigation systems, including Zimmatic, to approximately 200 independent dealer locations, who resell to their customer, the farmer.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
LNN:US $86.81 USD +1.11

LNN Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Alamo Group Inc $49.21 USD +0.27
Astec Industries Inc $39.64 USD +0.27
Badger Meter Inc $59.20 USD +0.73
Columbus McKinnon Corp/NY $27.80 USD +0.09
Gorman-Rupp Co/The $32.05 USD -0.34
View Industry Companies
 

Industry Analysis

LNN

Industry Average

Valuation LNN Industry Range
Price/Earnings 21.4x
Price/Sales 1.8x
Price/Book 2.8x
Price/Cash Flow 20.1x
TEV/Sales 1.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact LINDSAY CORP, please visit www.lindsay.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.