Scotiabank Comments on Linamar’s FY2026 Earnings (TSE:LNR)

Linamar Co. (TSE:LNR) – Scotiabank increased their FY2026 earnings estimates for shares of Linamar in a note issued to investors on Thursday, March 5th. Scotiabank analyst J. Goldman now anticipates that the company will post earnings per share of $11.52 for the year, up from their previous estimate of $11.23. 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.

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

Linamar Trading Down 7.1%

LNR opened at C$88.44 on Monday. The stock has a market capitalization of C$5.29 billion, a P/E ratio of 21.47, a P/E/G ratio of 1.12 and a beta of 1.72. Linamar has a 12 month low of C$43.84 and a 12 month high of C$98.65. The firm’s fifty day simple moving average is C$89.17 and its 200 day simple moving average is C$81.16. The company has a current ratio of 1.84, a quick ratio of 0.75 and a debt-to-equity ratio of 35.80.

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

Insider Activity at Linamar

In related news, insider Alexander Drolc sold 427 shares of the stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of C$88.00, for a total transaction of C$37,576.00. 33.49% of the stock is currently owned by corporate insiders.

About Linamar

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.