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DON'T BUY
Linamar Corp

Auto parts, but has expanded into other industrial areas. Trades at a low multiple, selling into an industry where they don't have a lot of power because auto companies are so large. Well run, but too cyclical. Impacted by inflation and supply chain issues. Softening in consumer spending. Expensive transition from internal combustion to EVs.

transportation equip & components
BUY
Linamar Corp

Well-run, clean balance sheet, cheap PE and pays a small dividend. Will do well buying and holding this.

transportation equip & components
BUY
Linamar Corp

Getting close. Yields have been a wrecking ball for equities. Auto strike risk, but that won't last forever. EV transition risk. Under-levered compared to MGA. Exceedingly cheap at 6.5x. Solid order book. He models 16.4% EPS growth.

transportation equip & components
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Linamar Corp
(A Top Pick Aug 10/23, Down 9%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with LNR has triggered its stop at $65.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment loss of 6%, when combined with our previous recommendations.  

transportation equip & components
BUY
Linamar Corp

Owns shares in the company.
Very strong business.
Automotive supply demand rising. 
Electric vehicle transition very good for business.
Expecting share price to rise to $100 in the next 18-24 months.
Good for long term investors. 

transportation equip & components
SELL ON STRENGTH
Linamar Corp

Current share price presenting a good selling opportunity.
Soft landing expectations not feasible. 
Expecting pain in the markets with rising interest rates and sticky inflation.
Cyclical business that moves with economy. 

transportation equip & components
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Linamar Corp
Stockchase Research Editor: Michael O'Reilly

With recently reported EPS growth of 55%, we again reiterate LNR as a TOP PICK.  EV sales business segment represents 60% of business by 2027 in their long term plans.  We like that cash reserves are growing, while the company still trades under book value and at only 11x earnings.  We recommend trailing up the stop (from $60) to $65, looking to achieve $87 -- upside potential of 18%.  Yield 1.1%  

(Analysts’ price target is $87.80)
transportation equip & components
DON'T BUY
Linamar Corp

Would prefer Magna International.
Slowing consumer spending will impact business.
Cyclical business model.
Hard to predict future of business.
Not investing in the company at this time. 

transportation equip & components
HOLD
Linamar Corp
Hold or take profits?

Stock looks great, and wanting to take out the highs of 2021. Bottomed before the market did last October, which is really positive. Higher highs, higher lows. Let the stock run. If it can take out $80, the next level is $100. Hold, even though the toughest thing to do is nothing.

transportation equip & components
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Linamar Corp
Stockchase Research Editor: Michael O'Reilly

With recently reported quarterly sales up 28% (to all time highs) and EPS up 83%, we reiterate LNR as a TOP PICK.  Global market share is growing as are cash reserves.  It trades at 10x earnings and under book value.  We recommend trailing up the stop (from $54) to $60, looking to achieve $87 -- upside potential over 20%.  Yield 1.2%

(Analysts’ price target is $87.80)
transportation equip & components
COMMENT
Linamar Corp
Medium/long-term view

Took profits last November. Likes their resilience and supply constraints after the Russian invasion. The company remains sound.

transportation equip & components
BUY ON WEAKNESS
Linamar Corp
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

LNR has a good balance sheet, but it does have about $500M net debt, which is about 1X cash flow. We like the company and the low valuation of 7X earnings, and like management. 2023 growth is expected to be above 30%, and 2024 in the 15% range, based on current estimates. We think there is upside here over five years, but in a cyclical industry a double may be pushing expectations a bit. 
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transportation equip & components
TOP PICK
Linamar Corp

No debt. Massive growth potential. Double-digit revenue and earnings growth. Growing 15-20% over the next few years. Lots of orders for electric and hybrid vehicles. Dirt cheap. Auto parts are early-cycle winners. So once a recession is "declared", look for these stocks to take off. Yield is 1.38%.

(Analysts’ price target is $87.80)
transportation equip & components
PAST TOP PICK
Linamar Corp
(A Top Pick May 16/22, Up 34%)

It has had 28% revenue growth and more than 80% earnings per share growth. It raised guidance with the industrial component. The auto parts side is forecasting below average margins so there is an opportunity if it can improve these margins.

transportation equip & components
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Linamar Corp
Stockchase Research Editor: Michael O'Reilly

Recently reported EPS was up 83% as quarterly sales made a new record.  Cash reserves grew, while the company bought back shares.  The company announced a major investment into EV parts manufacturing that will begin in 2025.  It trades at 10x earnings and below book value.  Its dividend is backed by a payout ratio under 15% of cash flow.  We recommend placing a stop-loss at $54, looking to achieve $86 --upside potential of 23%.  Yield 1.3%   

(Analysts’ price target is $86.00)
transportation equip & components
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Linamar Corp(LNR-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 17

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 4

Total Signals / Votes : 23

Stockchase rating for Linamar Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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, 23 stock analysts published opinions about LNR-T. 17 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?

23 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 2023-11-28, Linamar Corp (LNR-T) stock closed at a price of $57.45.