FY2027 Earnings Estimate for Linamar Issued By Scotiabank

Linamar Co. (TSE:LNR) – Scotiabank issued their FY2027 EPS estimates for Linamar in a research note issued to investors on Thursday, March 5th. Scotiabank analyst J. Goldman expects that the company will post earnings of $13.51 per share for the year. Scotiabank has a “Sector Perform” rating and a $98.00 price objective on the stock. The consensus estimate for Linamar’s current full-year earnings is $11.43 per share.

Linamar (TSE:LNR) last posted its quarterly earnings results on Wednesday, March 4th. The company reported C$2.28 EPS for the quarter. Linamar had a net margin of 2.39% and a return on equity of 4.22%. The business had revenue of C$2.52 billion during the quarter.

Several other research firms have also commented on LNR. Raymond James Financial upped their target price on Linamar from C$85.00 to C$100.00 in a report on Thursday. Canadian Imperial Bank of Commerce raised their price target on Linamar from C$99.00 to C$105.00 in a report on Friday. Finally, TD Securities boosted their price objective on Linamar from C$103.00 to C$114.00 and gave the company a “buy” rating in a research report on Thursday. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$99.40.

Linamar Price Performance

LNR opened at C$88.44 on Friday. The company has a quick ratio of 0.75, a current ratio of 1.84 and a debt-to-equity ratio of 35.80. The company’s 50-day moving average price is C$89.17 and its 200 day moving average price is C$81.03. Linamar has a fifty-two week low of C$43.84 and a fifty-two week high of C$98.65. The firm has a market cap of C$5.29 billion, a price-to-earnings ratio of 21.47, a price-to-earnings-growth ratio of 1.12 and a beta of 1.72.

Insider Buying and Selling

In other Linamar news, insider Alexander Drolc sold 427 shares of the company’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of C$88.00, for a total value of C$37,576.00. 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.