03:06:39 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Linamar Corp
Symbol LNR
Shares Issued 61,578,157
Close 2024-02-13 C$ 65.50
Market Cap C$ 4,033,369,284
Recent Sedar Documents

Globe says Linamar worth consideration

2024-02-13 08:32 ET - In the News

The Globe and Mail reports in its Tuesday, Feb. 13, edition that Linamar is a quality stock with good growth characteristics. The Globe's guest columnist Anthony Menard writes in the Number Cruncher column that Linamar has made gradual improvements to its fundamentals, yet its stock price remains stagnant. Mr. Menard calls Linamar an overlooked stock which he believes cannot be ignored for long because of its robust fundamentals. The company screens high under Mr. Menard's investing criteria. Linamar specializes in manufacturing automotive, skyjack and agricultural equipment. Linamar's earnings per share grew by 34.2 per cent over the past year, coupled with a reasonable price-to-earnings ratio of 8.2. On Feb. 1, Linamar completed the acquisition of Bourgault Industries, an agricultural equipment manufacturer that specializes in seeding systems. The Globe reported on Oct. 20 and Feb. 2 that CIBC World Markets analyst Krista Friesen continued to rate Linamar "outperformer." The shares could then be had for $63.53 and $65.05. The Globe reported on Nov. 10 that Raymond James analyst Michael Glen had downgraded Linamar to "market perform" from "outperform." The shares could then be had for $59.93.

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