Scotiabank Has Optimistic Outlook of Linamar FY2026 Earnings

Linamar Co. (TSE:LNR) – Equities researchers at Scotiabank raised their FY2026 earnings per share (EPS) estimates for Linamar in a report issued on Thursday, July 23rd. Scotiabank analyst J. Goldman now forecasts that the company will post earnings of $12.06 per share for the year, up from their prior 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 posted its quarterly earnings data on Thursday, May 7th. The company reported C$3.28 EPS for the quarter. The firm had revenue of C$2.94 billion during the quarter. Linamar had a return on equity of 10.37% and a net margin of 5.90%.

A number of other research analysts also recently commented on LNR. Canadian Imperial Bank of Commerce upped their price objective on shares of Linamar from C$110.00 to C$115.00 in a research note on Tuesday, July 14th. TD raised their target price 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. Scotia boosted 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 report on Thursday, May 7th. Finally, Raymond James Financial upped their price target on shares of Linamar from C$90.00 to C$100.00 and gave the stock a “market perform” rating in a research 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 stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$104.14.

Linamar Trading Down 0.3%

Shares of LNR opened at C$101.59 on Friday. The firm’s fifty day moving average is C$101.16 and its two-hundred day moving average is C$92.96. The company has a quick ratio of 0.75, a current ratio of 1.50 and a debt-to-equity ratio of 35.07. Linamar has a 52-week low of C$65.60 and a 52-week high of C$107.12. The stock has a market cap of C$6.02 billion, a PE ratio of 9.68, a price-to-earnings-growth ratio of 1.12 and a beta of 1.72.

Insider Transactions at Linamar

In other Linamar news, insider Csaba Havasi sold 3,000 shares of the company’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of C$97.47, for a total transaction of C$292,410.00. Following the completion of the sale, the insider directly owned 71,543 shares in the company, valued at C$6,973,296.21. This represents a 4.02% decrease in their ownership of the stock. Company insiders own 33.49% of the company’s stock.

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.