
Linamar Co. (TSE:LNR – Free Report) – Analysts at Scotiabank upped their FY2026 earnings per share (EPS) estimates for shares of Linamar in a research note issued on Thursday, July 23rd. Scotiabank analyst J. Goldman now expects that the company will post earnings of $12.06 per share for the year, up from their prior forecast of $11.96. Scotiabank has a “Sector Perform” rating and a $102.00 price objective on the stock. The consensus estimate for Linamar’s current full-year earnings is $11.43 per share.
Other equities analysts also recently issued reports about the company. Scotia upped their price target on Linamar from C$96.00 to C$99.00 and gave the company a “sector perform” rating in a report on Thursday, May 7th. Canadian Imperial Bank of Commerce raised their price objective on shares of Linamar from C$110.00 to C$115.00 in a report on Tuesday, July 14th. TD boosted their price objective on shares of Linamar from C$116.00 to C$119.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, Raymond James Financial upped their target price on shares of Linamar from C$90.00 to C$100.00 and gave the company a “market perform” rating in a report on Thursday, May 7th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$104.14.
Linamar Price Performance
Shares of TSE LNR opened at C$101.85 on Friday. The stock’s 50-day simple moving average is C$101.04 and its 200-day simple moving average is C$92.90. The firm has a market capitalization of C$6.03 billion, a PE ratio of 9.70, a price-to-earnings-growth ratio of 1.12 and a beta of 1.72. Linamar has a fifty-two week low of C$65.60 and a fifty-two week high of C$107.12. The company has a debt-to-equity ratio of 35.07, a quick ratio of 0.75 and a current ratio of 1.50.
Linamar (TSE:LNR – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported C$3.28 EPS for the quarter. Linamar had a return on equity of 10.37% and a net margin of 5.90%.The business had revenue of C$2.94 billion for the quarter.
Insider Activity at Linamar
In other news, insider Csaba Havasi sold 3,000 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of C$97.47, for a total value of C$292,410.00. Following the completion of the sale, the insider directly owned 71,543 shares of the company’s stock, valued at approximately C$6,973,296.21. The trade was a 4.02% decrease in their position. Company insiders own 33.49% of the company’s stock.
Linamar Company Profile
Linamar Corp is a diversified global manufacturing company of highly engineered products. The Company’s Industrial segment operates the Skyjack and MacDon brands, It manufactures products for the Aerial Work Platform and Agricultural industries, respectively. The Mobility segment features vertically integrated operations to combine expertise in light metal casting, forging, machining and assembly of components and systems for electric and traditional vehicle applications. In addition, McLaren Engineering and eLIN Product Solutions Group provide design, development, and testing services for the Mobility segment.
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