What is Scotiabank's Forecast for Linamar FY2026 Earnings?

Key Points

• Scotiabank lowered its FY2026 EPS forecast for Linamar to C$11.90 from C$12.06, though the estimate remains above the current consensus of C$11.43 per share.
• Scotiabank maintained a “Sector Perform” rating and a C$114 price target. Overall, analysts rate Linamar “Moderate Buy,” with a consensus target price of C$111.67.
• Linamar shares opened at C$109.00, near their 52-week high of C$110.58, and the company has a market capitalization of approximately C$6.43 billion.

Linamar Co. (TSE:LNR - Free Report) - Stock analysts at Scotiabank decreased their FY2026 earnings per share estimates for shares of Linamar in a research note issued to investors on Wednesday, August 19th. Scotiabank analyst J. Goldman now expects that the company will post earnings per share of $11.90 for the year, down from their prior forecast of $12.06. Scotiabank currently has a "Sector Perform" rating and a $114.00 target price on the stock. The consensus estimate for Linamar's current full-year earnings is $11.43 per share.

Other equities research analysts also recently issued reports about the stock. Scotia boosted their price objective on shares of Linamar from C$96.00 to C$99.00 and gave the stock a "sector perform" rating in a research note on Thursday, May 7th. Canadian Imperial Bank of Commerce raised their target price on shares of Linamar from C$115.00 to C$120.00 in a research note on Thursday, August 13th. TD lifted their target price on shares of Linamar from C$119.00 to C$123.00 and gave the company a "buy" rating in a report on Thursday, August 13th. 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 assigned a Hold rating to the company. Based on data from MarketBeat, Linamar presently has an average rating of "Moderate Buy" and a consensus target price of C$111.67.

Linamar Stock Performance

TSE LNR opened at C$109.00 on Monday. Linamar has a one year low of C$70.00 and a one year high of C$110.58. The company's 50 day moving average price is C$102.82 and its 200 day moving average price is C$95.54. The company has a debt-to-equity ratio of 32.89, a quick ratio of 0.75 and a current ratio of 1.88. The firm has a market capitalization of C$6.43 billion, a price-to-earnings ratio of 9.51, a PEG ratio of 1.12 and a beta of 1.71.

Linamar Company Profile

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.

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