Scotiabank Has Bullish Forecast for Linamar FY2026 Earnings

Linamar Co. (TSE:LNR) – Investment analysts at Scotiabank boosted their FY2026 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 earn $12.06 per share for the year, up from their previous forecast of $11.96. Scotiabank currently has a “Sector Perform” rating and a $102.00 target price on the stock. The consensus estimate for Linamar’s current full-year earnings is $11.43 per share.

Linamar (TSE:LNR) last announced its quarterly earnings results on Thursday, May 7th. The company reported C$3.28 earnings per share (EPS) for the quarter. The business had revenue of C$2.94 billion during the quarter. Linamar had a net margin of 5.90% and a return on equity of 10.37%.

A number of other equities research analysts also recently commented on the company. Canadian Imperial Bank of Commerce lifted their target price on Linamar from C$110.00 to C$115.00 in a research report on Tuesday, July 14th. TD raised their price objective on Linamar from C$116.00 to C$119.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Raymond James Financial boosted their price objective 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. Finally, Scotia upped their target price on shares of Linamar from C$96.00 to C$99.00 and gave the company a “sector perform” rating in a research report on Thursday, May 7th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Linamar presently has a consensus rating of “Moderate Buy” and a consensus target price of C$104.14.

Linamar Trading Down 0.3%

LNR opened at C$101.59 on Friday. The stock has a market capitalization of C$6.02 billion, a PE ratio of 9.68, a P/E/G ratio of 1.12 and a beta of 1.72. Linamar has a one year low of C$65.60 and a one year 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. The business’s 50 day moving average price is C$101.16 and its 200 day moving average price is C$92.96.

Insiders Place Their Bets

In other Linamar news, insider Csaba Havasi sold 3,000 shares of Linamar 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 transaction, the insider directly owned 71,543 shares of the company’s stock, valued at C$6,973,296.21. The trade was a 4.02% decrease in their position. 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.