Should I buy or sell Linamar stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Linamar in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LIMAF shares. View LIMAF analyst ratings or view top-rated stocks .

What is Linamar's stock price target for 2024?

3 Wall Street analysts have issued twelve-month price objectives for Linamar's stock. Their LIMAF share price targets range from $86.00 to $99.00. On average, they expect the company's share price to reach $93.75 in the next twelve months. This suggests a possible upside of 119.6% 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 on January 1st, 2023. Since then, LIMAF shares have decreased by 6.1% and is now trading at $42.6973. View the best growth stocks for 2023 here .

Are investors shorting Linamar?

Linamar saw a increase in short interest in October. As of October 31st, there was short interest totaling 328,500 shares, an increase of 10.6% from the October 15th total of 296,900 shares. Based on an average daily volume of 8,900 shares, the days-to-cover ratio is presently 36.9 days. View Linamar's Short Interest .

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%.

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 .

Linamar Stock Price, News & Analysis (OTCMKTS:LIMAF)

$42.70

+0.28 (+0.66%)

(As of 12/1/2023 08:55 PM ET)

Compare

Today's Range: $42.70
▼
$42.79
50-Day Range: $41.19
▼
$49.21
52-Week Range: $41.19
▼
$58.84

Volume: 14,500 shs
Average Volume: 3,974 shs
Market Capitalization: N/A

P/E Ratio: 8.80
Dividend Yield: 0.89%
Price Target: $93.75

Stock Analysis Analyst Forecasts Chart Headlines Short Interest

Linamar MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 119.6% Upside
$93.75 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.

1.83 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 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $93.75, Linamar has a forecasted upside of 119.6% from its current price of $42.70.
Amount of Analyst Coverage
Linamar has received no research coverage in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Linamar has a short interest ratio ("days to cover") of 17.6, which indicates bearish sentiment.
Change versus previous month
Short interest in Linamar has recently increased by 2.68%, indicating that investor sentiment is decreasing.

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.

2.6

News and Social Media Coverage

News Sentiment
Linamar has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.39 average news sentiment score of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Linamar this week, compared to 0 articles on an average week.

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 8.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.36.
Price to Earnings Ratio vs. Sector
The P/E ratio of Linamar is 8.80, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 340.88.

See Top Rated MarketRank™ Stocks Here

About Linamar Stock (OTCMKTS:LIMAF)

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 powered vehicle markets. It also focuses on components and systems for new energy powertrains, body and chassis, driveline, engine, and transmission systems of vehicles. The Industrial segment manufactures scissor, boom, and telehandler lifts for the aerial work platform industry. This segment also manufactures draper headers and self-propelled windrowers for the agricultural harvesting industry, as well as supplies farm tillage and crop fertilizer applicator equipment. The company was founded in 1964 and is headquartered in Guelph, Canada.

LIMAF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LIMAF Stock News Headlines

December 1, 2023 | americanbankingnews.com

Linamar (OTCMKTS:LIMAF) Shares Cross Below Two Hundred Day Moving Average of $49.67

November 24, 2023 | americanbankingnews.com

Linamar (OTCMKTS:LIMAF) and China Automotive Systems (NASDAQ:CAAS) Financial Review

December 4, 2023 | DTI Trader (Ad)

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November 11, 2023 | theglobeandmail.com

Closing Bell: Linamar Corp down on Friday (LNR)

November 10, 2023 | markets.businessinsider.com

Analysts Are Bullish on Top Industrial Goods Stocks: AerSale Corporation (ASLE), Alta Equipment Group (ALTG)

November 10, 2023 | markets.businessinsider.com

Analysts Offer Insights on Industrial Goods Companies: Janus International Group (JBI), Linamar (OtherLIMAF) and Adient (ADNT)

November 8, 2023 | finance.yahoo.com

Linamar Delivers Another Quarter of Double Digit Top and Bottom Line Growth For Q3 2023, Further Diversifies Portfolio

November 8, 2023 | msn.com

Linamar Non-GAAP EPS of $2.21, revenue of $2.43B beats by $710M

December 4, 2023 | Edge On The Street (Ad)

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November 1, 2023 | finance.yahoo.com

Linamar Completes Acquisition of Mobex Assets

October 27, 2023 | markets.businessinsider.com

Scotiabank Reaffirms Their Buy Rating on Linamar (LIMAF)

October 19, 2023 | finance.yahoo.com

Here's Why We Think Linamar (TSE:LNR) Might Deserve Your Attention Today

September 25, 2023 | msn.com

Linamar: Good Set Up For Strong Returns

September 25, 2023 | markets.businessinsider.com

Analysts’ Top Industrial Goods Picks: Avery Dennison (AVY), Linamar (LIMAF)

September 21, 2023 | markets.businessinsider.com

Linamar To Buy Propulsion-Agnostic Business From Mobex For US$70 Mln

September 21, 2023 | marketwatch.com

Linamar Buying Propulsion-Agnostic Business From Mobex for $70M

August 24, 2023 | theglobeandmail.com

Closing Bell: Linamar Corp up on Wednesday (LNR)

August 9, 2023 | finance.yahoo.com

Q2 2023 Another Stellar Quarter at Linamar with Exceptional Earnings Growth, Record Revenues and Continued Free Cash Flow

August 3, 2023 | finance.yahoo.com

Linamar Announces Closing of Dura Battery Enclosures Business

July 25, 2023 | markets.businessinsider.com

TD Securities Sticks to Their Buy Rating for Linamar (LIMAF)

July 1, 2023 | finance.yahoo.com

Linamar Corporation (LIMAF) Stock Historical Prices & Data - Yahoo Finance

June 27, 2023 | msn.com

Better Buy: Magna International Stock or Linamar?

May 30, 2023 | msn.com

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

May 15, 2023 | technews.tmcnet.com

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

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)

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Auto Parts
Sub-Industry: N/A
Sector: Consumer Cyclical
Current Symbol: OTCMKTS:LIMAF
CUSIP: N/A
CIK: N/A
Web: www.linamar.com
Phone: (519) 836-7550
Fax: N/A
Employees: 31,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $93.75
High Stock Price Target: $99.00
Low Stock Price Target: $86.00
Potential Upside/Downside: +119.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 8.80
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

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Key Executives

Ms. Linda S. Hasenfratz (Age 57)
Executive Chairman of the Board & CEO
Comp: $8.5M
Mr. Jim Jarrell (Age 59)
President, COO & Director
Comp: $6.16M
Mr. Dale Schneider
Chief Financial Officer
Mr. Kenneth McDougall
Group President of Skyjack Inc
Mr. Wenzhang Huang
Group President of Linamar Machining & Assembly - Asia Pacific
Mr. Mark Stoddart (Age 59)
CTO, Executive VP of Sales & Marketing and Non-Independent Director
Mr. Roger Fulton
Executive VP of Human Resources, General Counsel & Corporate Secretary
Salvatore Cocca
Group President of Linamar Manufacturing Europe
Sean Congdon
Group President of Linamar Manufacturing Americas

Key Competitors

View All Competitors

LIMAF Stock Analysis - Frequently Asked Questions

Should I buy or sell Linamar stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Linamar in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LIMAF shares.
View LIMAF analyst ratings or view top-rated stocks.
What is Linamar's stock price target for 2024?: 3 Wall Street analysts have issued twelve-month price objectives for Linamar's stock. Their LIMAF share price targets range from $86.00 to $99.00. On average, they expect the company's share price to reach $93.75 in the next twelve months. This suggests a possible upside of 119.6% 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 on January 1st, 2023. Since then, LIMAF shares have decreased by 6.1% and is now trading at $42.6973.
View the best growth stocks for 2023 here.
Are investors shorting Linamar?: Linamar saw a increase in short interest in October. As of October 31st, there was short interest totaling 328,500 shares, an increase of 10.6% from the October 15th total of 296,900 shares. Based on an average daily volume of 8,900 shares, the days-to-cover ratio is presently 36.9 days.
View Linamar's Short Interest.

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%.
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.

This page (OTCMKTS:LIMAF) was last updated on 12/4/2023 by MarketBeat.com Staff

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