Lindsay (LNN): Evaluating Valuation After Securing an $80 Million MENA Irrigation Supply Agreement

Lindsay (LNN) just locked in an approximately 80 million dollar supply agreement in the MENA region, a contract that could materially lift fiscal 2026 revenue while deepening the company’s footprint in international irrigation markets. See our latest analysis for Lindsay. Despite the contract win, Lindsay’s 1 year total shareholder return is still slightly negative, and the 3 year total shareholder return remains deeply underwater. This suggests long term momentum has yet to turn decisively. If this kind of contract driven growth story appeals to you, it could also be worth exploring fast growing stocks with high insider ownership for other potential outperformers that insiders are backing. With shares still down over the past year but trading at a double digit discount to analyst targets and our estimated intrinsic value, is Lindsay quietly undervalued or already pricing in a multi year growth acceleration? Most Popular Narrative Narrative: 6.6% Undervalued With Lindsay last closing at $118.65 against a narrative fair value of $127, the prevailing view leans toward modest upside built on steady fundamentals. The completion of large Road Zipper projects and a strong sales pipeline for future projects suggest continued revenue growth in the infrastructure segment. This aligns with expectations for increased operating income and margin improvements due to a favorable revenue mix. Read the complete narrative. Curious how mid single digit growth, firmer margins and a higher future earnings multiple can still add up to meaningful upside potential? The full narrative unpacks the precise revenue path, profit lift and valuation bridge that make this target more than just a back of the envelope guess. Result: Fair Value of $127 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, rising rates in key markets and uneven Road Zipper project timing could easily derail the steady growth and margin improvement that this upside case assumes. Find out about the key risks to this Lindsay narrative. Build Your Own Lindsay Narrative If you see the story differently or want to stress test the assumptions with your own inputs, you can build a custom narrative in under three minutes: Do it your way. A good starting point is our analysis highlighting 3 key rewards investors are optimistic about regarding Lindsay. Ready for your next investing move? Do not stop at one opportunity. Put Simply Wall Street’s Screener to work and pinpoint the next ideas your future self will be glad you acted on. Capture potential mispricings by targeting companies trading below their cash flow value using these 901 undervalued stocks based on cash flows tailored to value focused investors. Ride structural growth trends in automation and data by scanning for innovators at the frontier of intelligent technologies through these 24 AI penny stocks. Lock in reliable income streams by focusing on companies with attractive yields and fundamentals using these 10 dividend stocks with yields > 3% as your starting universe. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.Mobile Infrastructure for Defense and DisasterThe next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.Get the investor briefing before the next round of contractsSponsored On Behalf of CiTech