How to buy Lindsay Australia (LAU) shares in Australia
Learn how to easily invest in Lindsay Australia shares.
Lindsay Australia is a trucking business based in Australia. Lindsay Australia shares (LAU) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Lindsay Australia has a trailing 12-month revenue of around $680.2 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Lindsay Australia
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Lindsay Australia . Find the share by name or ticker symbol: LAU. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Lindsay Australia reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check on your investment. Congratulations, you own a part of Lindsay Australia . Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
What's in this guide?
- Lindsay Australia key stats
- Compare share trading platforms
- Is Lindsay Australia stock a buy or sell?
- Lindsay Australia performance over time
- Are Lindsay Australia shares over-valued?
- Lindsay Australia 's financials
- How volatile are Lindsay Australia shares?
- Does Lindsay Australia pay a dividend?
- Have Lindsay Australia shares ever split?
- Other common questions
Lindsay Australia stock price (ASX:LAU)Use our graph to track the performance of LAU stocks over time.
Lindsay Australia shares at a glance
|52-week range||$0.6014 - $1.3873|
|50-day moving average||$1.0773|
|200-day moving average||$1.1234|
|Dividend yield||$0.049 (5.8%)|
|Earnings per share (TTM)||$0.11|
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Is it a good time to buy Lindsay Australia stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Lindsay Australia price performance over time
|1 week (2023-11-23)||7.11%|
|1 month (2023-11-01)||17.71%|
|3 months (2023-09-01)||-3.42%|
|6 months (2023-06-01)||-8.13%|
|1 year (2022-12-01)||71.21%|
|2 years (2021-12-01)||162.79%|
|3 years (2020-12-01)||253.13%|
|5 years (2018-11-30)||213.89%|
Is Lindsay Australia under- or over-valued?
Valuing Lindsay Australia stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Lindsay Australia 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Lindsay Australia 's P/E ratio
Lindsay Australia 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Lindsay Australia shares trade at around 9x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Lindsay Australia 's EBITDA
Lindsay Australia 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $67.9 million (£0.0 million).
The EBITDA is a measure of a Lindsay Australia 's overall financial performance and is widely used to measure a its profitability.
Lindsay Australia financials
|Revenue TTM||$680.2 million|
|Operating margin TTM||8.05%|
|Gross profit TTM||$238.2 million|
|Return on assets TTM||7.83%|
|Return on equity TTM||29.98%|
|Market capitalisation||$322.5 million|
TTM: trailing 12 months
Lindsay Australia share dividends
Dividend payout ratio: 81.67% of net profits
Recently Lindsay Australia has paid out, on average, around 81.67% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.8% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Lindsay Australia shareholders could enjoy a 5.8% return on their shares, in the form of dividend payments. In Lindsay Australia 's case, that would currently equate to about A$0.049 per share.
Lindsay Australia 's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 21 September 2023 (the "ex-dividend date").
Have Lindsay Australia 's shares ever split?
Lindsay Australia 's shares were split on a 1.0909:1 basis on 8 November 2002. So if you had owned 1 share the day before the split, the next day you would own 1.0909 shares. This wouldn't directly have changed the overall worth of your Lindsay Australia shares – just the quantity. However, indirectly, the new 8.3% lower share price could have impacted the market appetite for Lindsay Australia shares which in turn could have impacted Lindsay Australia 's share price.
Lindsay Australia share price volatility
Over the last 12 months, Lindsay Australia 's shares have ranged in value from as little as $0.6014 up to $1.3873. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Lindsay Australia 's is 0.119. This would suggest that Lindsay Australia 's shares are less volatile than average (for this exchange).
Lindsay Australia overview
Lindsay Australia Limited, together with its subsidiaries, provides integrated transport, logistics, and rural supply services to the food processing, food services, fresh produce, and horticulture sectors in Australia. The company operates through Transport and Rural segments. It also provides seed, chemical, nutrients, fertilizer, irrigation, farm consumables, and packaging. In addition, the company offers linehaul, dry and general, refrigerated chiller freight, and local pick-up delivery services. Further, the company provides unloading, cross-docking, storage, ripening, fumigation, and import/export services. The company offers cartage of general and refrigerated products and ancillary sales; warehousing and distribution; and sale and distribution of agricultural supply products. Lindsay Australia Limited was incorporated in 1993 and is based in Acacia Ridge, Australia.
Lindsay Australia in the news
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