TSE:LNR
75.58
0.67
(0.89%)
Based in Guelph, Ontario, Linamar Corporation is Canada's second largest automobile parts manufacturer.
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Analysis and Opinions about LNR-T
Signal
Opinion
Expert
Chart
DON'T BUY
DON'T BUY
The car parts suppliers trade at low PEs, but are vulnerable to the auto cycle. Good news is that car demand has picked up faster than expected. She owns none of these stocks, but Magna is best in this class, given its global platform and recent performance.
PAST TOP PICK
PAST TOP PICK
March 2, 2021
(A Top Pick Jan 02/20, Up 49%) Car sales are booming now. LNR has an incredible business with technology so sound that Ford and GM trust them to make the new 9- and 10-speed transmissions for their pick-up trucks. LNR is also exposed to the agriculture boom. He targets LNR over $100.
DON'T BUY
DON'T BUY
December 17, 2020
Auto parts stocks can be value traps. They often have high ROE, low debt. Problem is they're cyclical, depending on how auto sales are doing. Feast or famine. He prefers companies that can increase earnings through thick and thin. Be very careful. Not long-term holdings, they're rentals.
Show full opinionHide full opinionAuto parts stocks can be value traps. They often have high ROE, low debt. Problem is they're cyclical, depending on how auto sales are doing. Feast or famine. He prefers companies that can increase earnings through thick and thin. Be very careful. Not long-term holdings, they're rentals.
TOP PICK
TOP PICK
December 1, 2020
Great story. Multi-industry company. As the economy opens, they'll do well. Technical knowledge is very high. Have won major EV contracts. Scissor lifts, farm machinery. Will move into the $80-100 range. Yield is 0.80%. (Analysts’ price target is $66.17)
Show full opinionHide full opinionGreat story. Multi-industry company. As the economy opens, they'll do well. Technical knowledge is very high. Have won major EV contracts. Scissor lifts, farm machinery. Will move into the $80-100 range. Yield is 0.80%. (Analysts’ price target is $66.17)
TOP PICK
TOP PICK
August 24, 2020
His favourite manufacturing stock. LNR makes transmissions for Ford and GE pick-up trucks, so they're at the forefront for the car industry. They also have products for e-cars, like an electric axle. Their SkyJack division is rebounding with the construction business, and their fire machinery business is positioned well in the coming recovery.
His favourite manufacturing stock. LNR makes transmissions for Ford and GE pick-up trucks, so they're at the forefront for the car industry. They also have products for e-cars, like an electric axle. Their SkyJack division is rebounding with the construction business, and their fire machinery business is positioned well in the coming recovery.
TOP PICK
TOP PICK
June 4, 2020
It was a long for him in the 2013/14 period of time. It has gotten to the point now that it has priced in a lot of the economic slowdown. It scores in the top 1% in valuation. They are somewhat diversified. 6.5 times price to earnings. They could turn into more of a yield stock. It is a call on valuation and a call on coming out of this recession. The balance sheet is not a concern even if they are a little heavy on debt. (Analysts’ price target is $38.17)
Show full opinionHide full opinionIt was a long for him in the 2013/14 period of time. It has gotten to the point now that it has priced in a lot of the economic slowdown. It scores in the top 1% in valuation. They are somewhat diversified. 6.5 times price to earnings. They could turn into more of a yield stock. It is a call on valuation and a call on coming out of this recession. The balance sheet is not a concern even if they are a little heavy on debt. (Analysts’ price target is $38.17)
PAST TOP PICK
PAST TOP PICK
May 19, 2020
(A Top Pick May 21/19, Down 25%) Last year, trade tensions between US and China hurt their business, because 10% of their business is agricultural equipment and that trade war hurt agriculture. The GM strike also hurt. There was insider buying over the winter, which is a plus. The virus has made this a buying opportunity now. A solid hold for him. Peak auto has hit the world, yes, but those declines in sales have been gradual.
(A Top Pick May 21/19, Down 25%) Last year, trade tensions between US and China hurt their business, because 10% of their business is agricultural equipment and that trade war hurt agriculture. The GM strike also hurt. There was insider buying over the winter, which is a plus. The virus has made this a buying opportunity now. A solid hold for him. Peak auto has hit the world, yes, but those declines in sales have been gradual.
BUY
BUY
February 11, 2020
Magna He owns Linamar instead. Both are suffering from perception with EPS plunging--car sales have peaked and there are fears that ride sharing will dominate more. Will people keep buying new cars? If so, these companies will do well. But both are great companies that should grow market share by acquisition and diversifying their businesses.
Magna He owns Linamar instead. Both are suffering from perception with EPS plunging--car sales have peaked and there are fears that ride sharing will dominate more. Will people keep buying new cars? If so, these companies will do well. But both are great companies that should grow market share by acquisition and diversifying their businesses.
DON'T BUY
DON'T BUY
February 5, 2020
Defensive stock? He does not own this as he sees the auto space being challenged -- especially the parts manufacturers. The only thing positive is their valuation. A better defensive holding would be something that pays income. (Analysts’ price target is $51.00)
Show full opinionHide full opinionDefensive stock? He does not own this as he sees the auto space being challenged -- especially the parts manufacturers. The only thing positive is their valuation. A better defensive holding would be something that pays income. (Analysts’ price target is $51.00)
COMMENT
COMMENT
January 31, 2020
LNR vs MG vs MRE? The auto parts sector has had headwinds. He would stick with MG-T as they pay the highest dividend. He would have thought LNR-T would have been more defensive, but an acquistion in the agricultural space has proved to be a failed attempt to diversify. All three look very cheap. He does own MG-T.
Show full opinionHide full opinionLNR vs MG vs MRE? The auto parts sector has had headwinds. He would stick with MG-T as they pay the highest dividend. He would have thought LNR-T would have been more defensive, but an acquistion in the agricultural space has proved to be a failed attempt to diversify. All three look very cheap. He does own MG-T.
DON'T BUY
DON'T BUY
January 27, 2020
He has been cautious around the auto sector. Demand was flat to down last year. There is demand headwind and the transition to electric vehicles. It's going to be a challenging period. It is a well run business but there are too many headwinds.
Show full opinionHide full opinionHe has been cautious around the auto sector. Demand was flat to down last year. There is demand headwind and the transition to electric vehicles. It's going to be a challenging period. It is a well run business but there are too many headwinds.
TOP PICK
TOP PICK
January 17, 2020
They have been diversifying their business away from solely auto parts. They have been challenged by a stressed business for auto parts, particularly in Germany. A lot of these issues have been factored in. Trades at 6 times earnings and 8 times cash flow. One knock against them was the level of debt incurred to buy into an agricultural based investment. In-siders have been strong buyers. Yield 1.0% (Analysts’ price target is $52.00)
Show full opinionHide full opinionThey have been diversifying their business away from solely auto parts. They have been challenged by a stressed business for auto parts, particularly in Germany. A lot of these issues have been factored in. Trades at 6 times earnings and 8 times cash flow. One knock against them was the level of debt incurred to buy into an agricultural based investment. In-siders have been strong buyers. Yield 1.0% (Analysts’ price target is $52.00)
TOP PICK
TOP PICK
January 2, 2020
One of his favourite Canadian companies. They have products for electric vehicles. They make all the transmissions for Ford and GM for pickup trucks, which will not move to electric any time soon. (Analysts’ price target is $51.67)
PAST TOP PICK
PAST TOP PICK
December 16, 2019
(A Top Pick Mar 11/19, Down 4%) Auto sales for new cars are slightly down and this hurt the sentiment for the whole segment. He probably recommended it a little too early. Despite the difficult environment, sales were up and they took market share. 6.5 times earnings. It is quite inexpensive to own. There is talk that America 'peaked-out' in autos in 2016. The two car family is becoming less popular.
Show full opinionHide full opinion(A Top Pick Mar 11/19, Down 4%) Auto sales for new cars are slightly down and this hurt the sentiment for the whole segment. He probably recommended it a little too early. Despite the difficult environment, sales were up and they took market share. 6.5 times earnings. It is quite inexpensive to own. There is talk that America 'peaked-out' in autos in 2016. The two car family is becoming less popular.
COMMENT
COMMENT
December 4, 2019
Auto stocks are seasonal from March-mid-July. There's nothing overly negative with LNR until then. Technically, this has been in a long-term downtrend, this and the whole auto space given sagging car sales. There's a bump at Christmas time for auto-related, though. Momentum is waning to the downside, which is positive. Maybe we're finding a bottom. LNR has to break above $45 which may mark a rebound rally. Cheap valuation.
Show full opinionHide full opinionAuto stocks are seasonal from March-mid-July. There's nothing overly negative with LNR until then. Technically, this has been in a long-term downtrend, this and the whole auto space given sagging car sales. There's a bump at Christmas time for auto-related, though. Momentum is waning to the downside, which is positive. Maybe we're finding a bottom. LNR has to break above $45 which may mark a rebound rally. Cheap valuation.
Linamar Corp(LNR-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 4
Linamar Corp(LNR-T) Frequently Asked Questions
What is Linamar Corp stock symbol?
Linamar Corp is a Canadian stock, trading under the symbol LNR-T on the Toronto Stock Exchange (LNR-CT). It is usually referred to as TSX:LNR or LNR-T
Is Linamar Corp a buy or a sell?
In the last year, 4 stock analysts published opinions about LNR-T. 2 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Linamar Corp.
Is Linamar Corp a good investment or a top pick?
Linamar Corp was recommended as a Top Pick by Christine Poole on 2021-03-16. Read the latest stock experts ratings for Linamar Corp.
Why is Linamar Corp stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Linamar Corp worth watching?
4 stock analysts on Stockchase covered Linamar Corp In the last year. It is a trending stock that is worth watching.
What is Linamar Corp stock price?
On 2021-05-14, Linamar Corp (LNR-T) stock closed at a price of $75.58.
The car parts suppliers trade at low PEs, but are vulnerable to the auto cycle. Good news is that car demand has picked up faster than expected. She owns none of these stocks, but Magna is best in this class, given its global platform and recent performance.