Linamar (TSX:LNR) - Stock Price, News & Analysis

LNR Stock Overview

Produces engineered products in Canada, Europe, the Asia Pacific, and rest of North America. More details

LNR fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	5/6
Financial Health	6/6
Dividends	3/6

Rewards

Trading at 74.3% below our estimate of its fair value

Earnings grew by 21.2% over the past year

Analysts in good agreement that stock price will rise by 21.3%

Risk Analysis

Significant insider selling over the past 3 months

Linamar Corporation Competitors

Martinrea International

TSX:MRE

CA$736.9m

Magna International

TSX:MG

CA$17.7b

Exco Technologies

TSX:XTC

CA$326.8m

TVS Holdings

BSE:520056

₹233.4b

Price History & Performance

Summary of all time highs, changes and price drops for Linamar
Historical stock prices
Current Share Price	CA$61.85
52 Week High	CA$73.84
52 Week Low	CA$54.95
Beta	1.41
11 Month Change	-0.24%
3 Month Change	-2.24%
1 Year Change	7.25%
33 Year Change	-19.41%
5 Year Change	38.49%
Change since IPO	7,923.79%

Recent updates

An Intrinsic Calculation For Linamar Corporation (TSE:LNR) Suggests It's 40% Undervalued

Jul 04

Benign Growth For Linamar Corporation (TSE:LNR) Underpins Its Share Price

Jun 19

Is Linamar (TSE:LNR) A Risky Investment?

Jun 06

Do Linamar's (TSE:LNR) Earnings Warrant Your Attention?

Apr 04

Here's What To Make Of Linamar's (TSE:LNR) Decelerating Rates Of Return

Mar 22

Should You Think About Buying Linamar Corporation (TSE:LNR) Now?

Mar 02

Linamar (TSE:LNR) Has A Pretty Healthy Balance Sheet

Feb 07

Investors Aren't Entirely Convinced By Linamar Corporation's (TSE:LNR) Earnings

Jan 17

Does Linamar (TSE:LNR) Deserve A Spot On Your Watchlist?

Dec 19

Linamar Corporation's (TSE:LNR) Intrinsic Value Is Potentially 89% Above Its Share Price

Oct 11

What Is Linamar Corporation's (TSE:LNR) Share Price Doing?

Sep 26

Does Linamar (TSE:LNR) Deserve A Spot On Your Watchlist?

Sep 12

Some Investors May Be Worried About Linamar's (TSE:LNR) Returns On Capital

Aug 30

Linamar (TSE:LNR) Has A Rock Solid Balance Sheet

Aug 13

Is Now The Time To Look At Buying Linamar Corporation (TSE:LNR)?

Jun 08

If EPS Growth Is Important To You, Linamar (TSE:LNR) Presents An Opportunity

May 26

Calculating The Fair Value Of Linamar Corporation (TSE:LNR)

May 12

Linamar's (TSE:LNR) Returns On Capital Not Reflecting Well On The Business

Apr 29

Is There Now An Opportunity In Linamar Corporation (TSE:LNR)?

Mar 03

A Look At The Intrinsic Value Of Linamar Corporation (TSE:LNR)

Feb 03

Is Linamar (TSE:LNR) Using Too Much Debt?

Jan 06

Linamar (TSE:LNR) Has Announced A Dividend Of CA$0.20

Nov 13

Why Linamar Corporation (TSE:LNR) Could Be Worth Watching

Oct 25

Linamar (TSE:LNR) Has A Pretty Healthy Balance Sheet

Sep 19

Is Now An Opportune Moment To Examine Linamar Corporation (TSE:LNR)?

Jul 20

These 4 Measures Indicate That Linamar (TSE:LNR) Is Using Debt Reasonably Well

May 24

Shareholder Returns

	LNR	CA Auto Components	CA Market
7D	1.0%	-0.4%	1.3%
1Y	7.2%	-13.6%	23.1%

Return vs Industry: LNR exceeded the Canadian Auto Components industry which returned -13.6% over the past year.

Return vs Market: LNR underperformed the Canadian Market which returned 23.1% over the past year.

Price Volatility

Is LNR's price volatile compared to industry and market?
LNR volatility
LNR Average Weekly Movement	3.2%
Auto Components Industry Average Movement	6.0%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.8%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: LNR has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: LNR's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1964	33,000	Jim Jarrell	www.linamar.com

Linamar Corporation, together with its subsidiaries, produces engineered products in Canada, Europe, the Asia Pacific, and rest of North America. It operates through two segments, Mobility and Industrial. The Mobility segment focuses on light metal casting, forging, machining, and assembly for electrified and powered vehicle markets.

Linamar Corporation Fundamentals Summary

How do Linamar's earnings and revenue compare to its market cap?
LNR fundamental statistics
Market cap	CA$3.77b
Earnings (TTM)	CA$594.93m
Revenue (TTM)	CA$10.66b

6.4x

P/E Ratio

0.4x

P/S Ratio

Is LNR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LNR income statement (TTM)
Revenue	CA$10.66b
Cost of Revenue	CA$9.14b
Gross Profit	CA$1.52b
Other Expenses	CA$923.42m
Earnings	CA$594.93m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	9.66
Gross Margin	14.24%
Net Profit Margin	5.58%
Debt/Equity Ratio	39.3%

How did LNR perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

3%

Payout Ratio

Does LNR pay a reliable dividends?

See LNR dividend history and benchmarks

When do you need to buy LNR by to receive an upcoming dividend?
Linamar dividend dates
Ex Dividend Date	Nov 22 2024
Dividend Pay Date	Dec 02 2024
Days until Ex dividend	1 day
Days until Dividend pay date	9 days

Does LNR pay a reliable dividends?

See LNR dividend history and benchmarks

LNR Stock Overview

Rewards

Risk Analysis

Linamar Corporation Competitors

TSX:MRE

CA$736.9m

TSX:MG

CA$17.7b

TSX:XTC

CA$326.8m

BSE:520056

₹233.4b

Price History & Performance

Recent News & Updates

Board Member recently sold CA$499k worth of stock

New minor risk - Insider selling

Third quarter dividend of CA$0.25 announced

Price target decreased by 7.1% to CA$75.83

Linamar Corporation Declares Dividend for the Quarter Ended September 30, 2024, Payable on or After December 2, 2024

Third quarter 2024 earnings released: EPS: CA$2.24 (vs CA$2.38 in 3Q 2023)

Recent updates

Board Member recently sold CA$499k worth of stock

New minor risk - Insider selling

Third quarter dividend of CA$0.25 announced

Price target decreased by 7.1% to CA$75.83

Linamar Corporation Declares Dividend for the Quarter Ended September 30, 2024, Payable on or After December 2, 2024

Third quarter 2024 earnings released: EPS: CA$2.24 (vs CA$2.38 in 3Q 2023)

Returns On Capital At Linamar (TSE:LNR) Have Stalled

New minor risk - Dividend sustainability

Linamar Corporation's (TSE:LNR) Low P/E No Reason For Excitement

Second quarter dividend of CA$0.25 announced

Second quarter 2024 earnings released

Linamar Corporation Announces Chief Executive Officer Changes

Return Trends At Linamar (TSE:LNR) Aren't Appealing

Is It Too Late To Consider Buying Linamar Corporation (TSE:LNR)?

An Intrinsic Calculation For Linamar Corporation (TSE:LNR) Suggests It's 40% Undervalued

Benign Growth For Linamar Corporation (TSE:LNR) Underpins Its Share Price

Is Linamar (TSE:LNR) A Risky Investment?

First quarter dividend of CA$0.25 announced

Linamar Corporation Declares Dividend for the Quarter Ended March 31, 2024, Payable on or After June 7, 2024

First quarter 2024 earnings released: EPS: CA$2.90 (vs CA$1.90 in 1Q 2023)

Do Linamar's (TSE:LNR) Earnings Warrant Your Attention?

Here's What To Make Of Linamar's (TSE:LNR) Decelerating Rates Of Return

Upcoming dividend of CA$0.25 per share

Linamar Corporation, Annual General Meeting, May 16, 2024

Fourth quarter dividend of CA$0.25 announced

Full year 2023 earnings released: EPS: CA$8.18 (vs CA$6.67 in FY 2022)

Linamar Corporation to Report Q1, 2024 Results on May 08, 2024

Should You Think About Buying Linamar Corporation (TSE:LNR) Now?

Linamar (TSE:LNR) Has A Pretty Healthy Balance Sheet

Price target decreased by 8.4% to CA$81.20

Investors Aren't Entirely Convinced By Linamar Corporation's (TSE:LNR) Earnings

Linamar Corporation (TSX : LNR) entered into an agreement to acquire Bourgault Industries Ltd.

Does Linamar (TSE:LNR) Deserve A Spot On Your Watchlist?

Executive Chairman of the Board & CEO recently bought CA$2.9m worth of stock

President exercised options to buy CA$3.0m worth of stock.

New minor risk - Insider selling

Board Member recently sold CA$399k worth of stock

Upcoming dividend of CA$0.22 per share at 1.5% yield

Third quarter 2023 earnings released: EPS: CA$2.38 (vs CA$2.10 in 3Q 2022)

Linamar Corporation to Report Q4, 2023 Results on Mar 06, 2024

Linamar Corporation (TSX:LNR) completed the acquisition of Propulsion-Agnostic Business of Mobex Global for $64 million.

Linamar Corporation's (TSE:LNR) Intrinsic Value Is Potentially 89% Above Its Share Price

What Is Linamar Corporation's (TSE:LNR) Share Price Doing?

Linamar Corporation (TSX:LNR) agreed to acquire Propulsion-Agnostic Business of Mobex Global for $70 million.

Does Linamar (TSE:LNR) Deserve A Spot On Your Watchlist?

Some Investors May Be Worried About Linamar's (TSE:LNR) Returns On Capital

Upcoming dividend of CA$0.22 per share at 1.2% yield

Linamar (TSE:LNR) Has A Rock Solid Balance Sheet

Now 21% undervalued

Second quarter 2023 earnings released: EPS: CA$2.19 (vs CA$1.61 in 2Q 2022)

Linamar Corporation Declares Dividend in Respect to the Quarter Ended June 30, 2023, Payable on or After September 8, 2023

Linamar Corporation completed the acquisition of Battery Enclosures Business of DURA Automotive Systems.

Lightning eMotors, Inc. Enters into Confidential Settlement Agreement and Mutual Release with eMatrix Energy Systems, Inc. and Linamar Corporation

Linamar Corporation announced that it has received CAD 550 million in funding

Is Now The Time To Look At Buying Linamar Corporation (TSE:LNR)?

Linamar Corporation has reached a definitive agreement to acquire Battery Enclosures Business of DURA Automotive Systems

If EPS Growth Is Important To You, Linamar (TSE:LNR) Presents An Opportunity

Upcoming dividend of CA$0.22 per share at 1.4% yield

Calculating The Fair Value Of Linamar Corporation (TSE:LNR)