Scotiabank Has Pessimistic View of Linamar FY2026 Earnings

Linamar Co. (TSE:LNR) – Stock analysts at Scotiabank cut their FY2026 earnings per share estimates for Linamar in a report released on Friday, May 1st. Scotiabank analyst J. Goldman now forecasts that the company will earn $11.12 per share for the year, down from their previous estimate of $11.52. Scotiabank currently has a “Sector Perform” rating and a $96.00 target price on the stock. The consensus estimate for Linamar’s current full-year earnings is $11.43 per share.

LNR has been the subject of several other reports. Canadian Imperial Bank of Commerce upped their target price on Linamar from C$99.00 to C$105.00 in a report on Friday, March 6th. TD Securities upped their target price on Linamar from C$103.00 to C$114.00 and gave the company a “buy” rating in a report on Thursday, March 5th. TD upped their target price on Linamar from C$114.00 to C$116.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Finally, Raymond James Financial lowered their target price on Linamar from C$100.00 to C$90.00 and set a “market perform” rating for the company in a report on Thursday, April 16th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$100.17.

Linamar Stock Up 1.8%

TSE:LNR opened at C$91.17 on Tuesday. The firm has a market capitalization of C$5.42 billion, a PE ratio of 9.37, a price-to-earnings-growth ratio of 1.12 and a beta of 1.58. The stock has a 50 day moving average of C$87.38 and a 200-day moving average of C$84.03. Linamar has a 52 week low of C$51.33 and a 52 week high of C$98.65. The company has a current ratio of 1.73, a quick ratio of 0.75 and a debt-to-equity ratio of 34.42.

Linamar (TSE:LNR) last posted its earnings results on Wednesday, March 4th. The company reported C$2.28 EPS for the quarter. The company had revenue of C$2.52 billion during the quarter. Linamar had a return on equity of 9.92% and a net margin of 5.71%.

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.