Lindsay Corporation (LNN) was a big mover last session, as the company saw its shares rise nearly 9% on the day. The upside came after the company reported better-than-expected earnings of $1.10 per share for third-quarter fiscal 2015. The news led to far more shares changing hands than in a normal session, breaking the recent trend of the company, as the stock is now trading above the volatile price range of $79.70 to $84.47 over the past one-month time frame.
None of the estimates for this stock were revised in the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Lindsay carries a Zacks Rank #3 (Hold).
A better-ranked stock in the farm & construction machinery industry is AGCO Corporation (AGCO), carrying a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Be the first to comment