OTCMKTS:LIMAF

Linamar (LIMAF) Stock Forecast, Price & News

$49.90

+1.10 (+2.26%)

(As of 06/8/2023 ET)

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Today's Range: $49.46
▼
$49.90
50-Day Range: $44.12
▼
$50.38
52-Week Range: $38.90
▼
$57.02

Volume: 852 shs
Average Volume: 3,110 shs
Market Capitalization: N/A

P/E Ratio: 10.29
Dividend Yield: 0.76%
Price Target: $89.60

Profile Analyst Ratings Chart Competitors Headlines Short Interest

Linamar MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 79.6% Upside
$89.60 Price Target
Short Interest: Bearish
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.71 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Linamar has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $89.60, Linamar has a forecasted upside of 79.6% from its current price of $49.90.
Amount of Analyst Coverage
Linamar has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Linamar has a short interest ratio ("days to cover") of 167, which indicates bearish sentiment.
Change versus previous month
Short interest in Linamar has recently decreased by 0.98%, indicating that investor sentiment is improving.

0.8

Dividend Strength

Dividend Yield
Linamar has a dividend yield of 0.63%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Linamar does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Linamar is 7.84%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LIMAF.

0.6

News and Social Media Coverage

MarketBeat Follows
1 people have added Linamar to their MarketBeat watchlist in the last 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Linamar insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 25.08% of the stock of Linamar is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Linamar is 10.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.00.
Price to Earnings Ratio vs. Sector
The P/E ratio of Linamar is 10.29, which means that it is trading at a less expensive P/E ratio than the Manufacturing sector average P/E ratio of about 35.32.

See Top Rated MarketRank™ Stocks Here

About Linamar (OTCMKTS:LIMAF) Stock

Linamar Corp. is a diversified manufacturing company, which engages in engineered products powering vehicles, motion, work and lives. It operates through the following segments: Transportation and Industrial. The Transportation segment .The Industrial segment designs and produces mobile industrial equipment, aerial work platforms and telehandlers agricultural equipment. These segments are further divided into five operating groups: Machining & Assembly, Light Metal Casting, Forging, Skyjack and Agriculture. The Machining & Assembly, Light Metal Casting and Forging operating groups focus on precision metallic components, modules and systems for powertrain, driveline and body systems designed for global electrified and traditionally powered vehicle and industrial markets. The company was founded by Frank J. Hasenfratz on August 17, 1966 and is headquartered in Guelph, Canada.

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LIMAF Stock News Headlines

May 30, 2023 | msn.com

Linamar to buy Dura-Shiloh's Battery Enclosures business in $325M deal

May 17, 2023 | americanbankingnews.com

Linamar Co. (OTCMKTS:LIMAF) Short Interest Update

June 9, 2023 | Edge On The Street (Ad)

All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A Supercycle

More automakers are pledging to go "fully electric" by 2035. NOW is the perfect time to get in on the "EV Revolution." And the best way to potentially do that, is to skip over the overvalued electric vehicle stocks...

May 15, 2023 | technews.tmcnet.com

Exro Announces Definitive Commercialization Agreement with Linamar and C$30 Million Bought Deal Financing

May 15, 2023 | americanbankingnews.com

Linamar (OTCMKTS:LIMAF) Price Target Raised to C$90.00 at Raymond James

May 12, 2023 | msn.com

Linamar (LIMAF) Declares $0.22 Dividend

May 5, 2023 | ca.finance.yahoo.com

Better Buy: Magna International Stock or Linamar Stock?

April 26, 2023 | theglobeandmail.com

Closing Bell: Linamar Corp down on Tuesday (LNR)

June 9, 2023 | Edge On The Street (Ad)

Graphite versus Lithium - What Investors Should Know

Over 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.

April 24, 2023 | finance.yahoo.com

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

April 21, 2023 | theglobeandmail.com

Closing Bell: Linamar Corp down on Thursday (LNR)

April 21, 2023 | americanbankingnews.com

Linamar Co. (OTCMKTS:LIMAF) Sees Large Drop in Short Interest

April 11, 2023 | theglobeandmail.com

Closing Bell: Linamar Corp up on Monday (LNR)

April 1, 2023 | theglobeandmail.com

Closing Bell: Linamar Corp up on Friday (LNR)

March 29, 2023 | theglobeandmail.com

Closing Bell: Linamar Corp down on Monday (LNR)

March 26, 2023 | americanbankingnews.com

Linamar (OTCMKTS:LIMAF) Stock Price Passes Below 200 Day Moving Average of $47.46

March 25, 2023 | finance.yahoo.com

Common Shares of Linamar Previously Owned, Controlled or Directed by the Estate of the Late Mr. Frank Hasenfratz Vest in Linda Hasenfratz

March 9, 2023 | msn.com

Linamar Non-GAAP EPS of $1.61, revenue of $2.06B beats by $530M

March 8, 2023 | markets.businessinsider.com

Linamar earnings: here's what Wall Street expects

March 7, 2023 | msn.com

Earnings Outlook For Linamar

December 26, 2022 | nz.finance.yahoo.com

Investors in Linamar (TSE:LNR) have made a return of 26% over the past three years

November 22, 2022 | finance.yahoo.com

Linamar Renews and Extends its Bank Credit Facility

November 13, 2022 | nz.finance.yahoo.com

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

November 12, 2022 | seekingalpha.com

Linamar Corporation (LIMAF) Q3 2022 Earnings Call Transcript

October 12, 2022 | ca.finance.yahoo.com

Linamar says Q3 vehicle production forecast down 'meaningfully' for Europe

September 28, 2022 | reuters.com

LNR.TO - Linamar Corporation | Stock Price & Latest News | Reuters

September 20, 2022 | theglobeandmail.com

Linamar: Top 10 Undervalued Consumer Cyclical Stocks on TSE (LNR)

See More Headlines

LIMAF Price History

30 days | 90 days | 365 days | Advanced Chart

LIMAF Company Calendar

Today: 6/09/2023
Next Earnings (Estimated): 8/08/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Auto Parts - OEM
Sub-Industry: N/A
Sector: Manufacturing
Current Symbol: OTCMKTS:LIMAF
CUSIP: N/A
CIK: N/A
Web: www.linamar.com
Phone: (519) 836-7550
Fax: N/A
Employees: 25,613
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $89.60
High Stock Price Forecast: $92.00
Low Stock Price Forecast: $86.00
Forecasted Upside/Downside: +79.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 10.29
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

Key Executives

Linda S. Hasenfratz
Executive Chairman & Chief Executive Officer

Jim Jarrell
President, Chief Operating Officer & Director

Dale Schneider
Chief Financial Officer

Mark Stoddart
Non-Independent Director, CTO & EVP-Sales

Andrea Bowman
Head-Investor & Media Relations

Key Competitors

View All Competitors

LIMAF Stock - Frequently Asked Questions

Should I buy or sell Linamar stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Linamar in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LIMAF shares.
View LIMAF analyst ratings or view top-rated stocks.
What is Linamar's stock price forecast for 2023?: 2 brokers have issued 1-year price objectives for Linamar's shares. Their LIMAF share price forecasts range from $86.00 to $92.00. On average, they anticipate the company's share price to reach $89.60 in the next twelve months. This suggests a possible upside of 79.6% from the stock's current price.
View analysts price targets for LIMAF or view top-rated stocks among Wall Street analysts.
How have LIMAF shares performed in 2023?: Linamar's stock was trading at $45.4691 at the beginning of 2023. Since then, LIMAF stock has increased by 9.7% and is now trading at $49.90.
View the best growth stocks for 2023 here.
Are investors shorting Linamar?: Linamar saw a decline in short interest in April. As of April 30th, there was short interest totaling 337,200 shares, a decline of 7.2% from the April 15th total of 363,500 shares. Based on an average trading volume of 1,000 shares, the short-interest ratio is currently 337.2 days.
View Linamar's Short Interest.
When is Linamar's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our LIMAF earnings forecast.

Is Linamar a good dividend stock?: Linamar (OTCMKTS:LIMAF) pays an annual dividend of $0.38 per share and currently has a dividend yield of 0.63%. The dividend payout ratio is 7.84%. This payout ratio is at a healthy, sustainable level, below 75%.
What is Linamar's stock symbol?: Linamar trades on the OTCMKTS under the ticker symbol "LIMAF."
How do I buy shares of Linamar?: Shares of LIMAF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Linamar's stock price today?: One share of LIMAF stock can currently be purchased for approximately $49.90.
How many employees does Linamar have?: The company employs 25,613 workers across the globe.
How can I contact Linamar?: Linamar's mailing address is 287 Speedvale Avenue West, Guelph, ON N1H. The official website for the company is www.linamar.com. The company can be reached via phone at (519) 836-7550.

This page (OTCMKTS:LIMAF) was last updated on 6/9/2023 by MarketBeat.com Staff

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