Shares of Lindsay Corporation LNN scaled a new 52-week high of $92.74 during trading session on Jun 30, following its third-quarter fiscal 2017 results ended May 31, 2017. The company eventually closed the trading session a little lower at $89.25.This Omaha, NE-based leading designer and manufacturer of self-propelled center pivot and lateral move irrigation systems, has a market cap of roughly $975 million. The average volume of shares traded in the last three months is around 71.57K.Year to date, Lindsay’s stock has outperformed the Zacks categorized Machinery-Farm industry. While the stock has gained 20.5%, the Zacks sub-industry recorded 19.5% growth.Positive earnings estimate revisions for 2017 and 2018 as well as earnings growth expectation of 13.50% for the next five years indicate the stock’s potential for further price appreciation.Growth DriversLindsay reported third-quarter fiscal 2017 (ended May 31, 2017) earnings of $1.02 per share compared with 90 cents per share recorded in the prior-year quarter. Earnings surpassed the Zacks Consensus Estimate of 92 cents, generating a positive earnings surprise of around 10.9%. The company delivered an average positive earnings surprise of 3.29% in the trailing four quarters.The company’s backlog as of May 31, 2017, was $70.1 million compared with $61.2 million as of May 31, 2016.Further, it expects that stabilization in the U.S. irrigation equipment market, a consistent recovery in Brazil and increased project activity in developing international markets will drive growth. The company also stated that its irrigation operating margin performance in the U.S. will likely benefit from the strength and growth of technology products. Further, growers’ sentiment in the U.S. has been displaying signs of improvement.Moreover, Lindsay is poised to gain from improving activity levels in the international irrigation and infrastructure markets. Additionally, population growth, increased food production, efficient water use and infrastructure upgrades are likely to propel long-term growth.Lindsay Corporation Price and Consensus Lindsay Corporation Price and Consensus | Lindsay Corporation QuoteIn the last seven days, the Zacks Consensus Estimate for the stock increased 4% to $2.25 for fiscal 2017 and 3% to $3.04 for fiscal 2018.Zacks Rank & Stocks to ConsiderLindsay currently carries a Zacks Rank #2 (Buy). Other top-ranked stocks in the same space include Deere & Company DE, AGCO Corporation AGCO and Alamo Group Inc. ALG.Deere’s earnings estimate for fiscal 2017 climbed 31% to $6.31 in the past 60 days and for fiscal 2018 moved north 23% to $6.83. The stock flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for AGCO Corporation has gone up 11% for 2017 and 10% for 2018 in the last 60 days. AGCO carries a Zacks Rank #2 (Buy).The Zacks Consensus Estimate for Alamo Group for fiscal 2017 and fiscal 2018 have both moved up 3% in the past 60 days. The stock carries a Zacks Rank #2.5 Trades Could Profit "Big-League" from Trump PoliciesIf the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure. See these buy recommendations now >>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 Deere & Company (DE): Free Stock Analysis Report AGCO Corporation (AGCO): Free Stock Analysis Report Lindsay Corporation (LNN): Free Stock Analysis Report Alamo Group, Inc. (ALG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research