Linamar Corp

LNR-T

TSE:LNR

47.99
0.59 (1.24%)
Based in Guelph, Ontario, Linamar Corporation is Canada's second largest automobile parts manufacturer.
More at Wikipedia

Analysis and Opinions about LNR-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
July 16, 2019
His analyst see it trading at half its normal value to book value -- incredibly cheap. The problem is we are late in the economic expansion cycle. There is a school of that that the central banks may prolong the trend, but he doesn't believe it. There is fear about auto demand going forward. He doesn't think you need to be into this just yet.
Show full opinionHide full opinion
Linamar Corp (LNR-T)
July 16, 2019
His analyst see it trading at half its normal value to book value -- incredibly cheap. The problem is we are late in the economic expansion cycle. There is a school of that that the central banks may prolong the trend, but he doesn't believe it. There is fear about auto demand going forward. He doesn't think you need to be into this just yet.
BUY
BUY
July 15, 2019
All car stocks already have a recession baked into the stock prices. That's positive. The group trades around 3x operating cash flow and 7x earnings.
Show full opinionHide full opinion
Linamar Corp (LNR-T)
July 15, 2019
All car stocks already have a recession baked into the stock prices. That's positive. The group trades around 3x operating cash flow and 7x earnings.
DON'T BUY
DON'T BUY
July 3, 2019
He has owned it in the past. He was hoping when the Canada-US-Mexico auto parts tariff issues worked out they would benefit. However, earnings growth continues to be challenged at the moment. Better opportunity elsewhere. Yield 1%
Show full opinionHide full opinion
Linamar Corp (LNR-T)
July 3, 2019
He has owned it in the past. He was hoping when the Canada-US-Mexico auto parts tariff issues worked out they would benefit. However, earnings growth continues to be challenged at the moment. Better opportunity elsewhere. Yield 1%
WAIT
WAIT
June 27, 2019
Ridiculously cheap. Tempting at these prices. Doesn't deserve the low price. Overhang is the trade wars. Plus, in a recession, it's a cyclical and would go down. Likes the company a lot, but has a hard time recommending it here just because of how late in the cycle we are.
Show full opinionHide full opinion
Linamar Corp (LNR-T)
June 27, 2019
Ridiculously cheap. Tempting at these prices. Doesn't deserve the low price. Overhang is the trade wars. Plus, in a recession, it's a cyclical and would go down. Likes the company a lot, but has a hard time recommending it here just because of how late in the cycle we are.
WAIT
WAIT
June 20, 2019
The auto sector has been a wild ride. The last major low in 2016 was in the low 40s and it has reached that. People that bought there are hurting. So if it can make it through, then it will have a chance to go up.
Show full opinionHide full opinion
Linamar Corp (LNR-T)
June 20, 2019
The auto sector has been a wild ride. The last major low in 2016 was in the low 40s and it has reached that. People that bought there are hurting. So if it can make it through, then it will have a chance to go up.
BUY
BUY
June 11, 2019
The auto sector is heavily discounted and now in a lot of trouble. There's a transition coming with e-cars. LNR has a good track record in performance and dividend growth has historically been good. The CEO recently bought a lot of stock. At some point, there'll be a recovery in autos, so long-term you'll be okay. Buy now and do well long-term.
Show full opinionHide full opinion
Linamar Corp (LNR-T)
June 11, 2019
The auto sector is heavily discounted and now in a lot of trouble. There's a transition coming with e-cars. LNR has a good track record in performance and dividend growth has historically been good. The CEO recently bought a lot of stock. At some point, there'll be a recovery in autos, so long-term you'll be okay. Buy now and do well long-term.
TOP PICK
TOP PICK
May 23, 2019
Was a $85 stock and now it is $45. They make car components and everybody hates car components. P/E is 5 times earnings. They have a big plant in China that is running at half capacity only. But they have products to go forward. He has been following this company since it came public in 1986. Very well managed. Buy it and put it away. (Analysts’ price target is $61.50)
Show full opinionHide full opinion
Linamar Corp (LNR-T)
May 23, 2019
Was a $85 stock and now it is $45. They make car components and everybody hates car components. P/E is 5 times earnings. They have a big plant in China that is running at half capacity only. But they have products to go forward. He has been following this company since it came public in 1986. Very well managed. Buy it and put it away. (Analysts’ price target is $61.50)
TOP PICK
TOP PICK
May 21, 2019
Price is discounting a large recession. Trading at 5x 2019 expected earnings. Revenues and earnings are still expected to be positive this year. Also in aerial lifts and agriculture. More diversified than Magna. Yield is 1.06%. (Analysts’ price target is $61.50)
Show full opinionHide full opinion
Linamar Corp (LNR-T)
May 21, 2019
Price is discounting a large recession. Trading at 5x 2019 expected earnings. Revenues and earnings are still expected to be positive this year. Also in aerial lifts and agriculture. More diversified than Magna. Yield is 1.06%. (Analysts’ price target is $61.50)
DON'T BUY
DON'T BUY
May 3, 2019
It is so cheap at these levels. It has a decent balance sheet, but trades at 5 times earnings. The problem is auto sales are heading lower globally, he thinks. If you have patience sit tight, but he is loath to get in front of a freight train coming out of the tunnel -- lots of light, but don't get run over.
Show full opinionHide full opinion
It is so cheap at these levels. It has a decent balance sheet, but trades at 5 times earnings. The problem is auto sales are heading lower globally, he thinks. If you have patience sit tight, but he is loath to get in front of a freight train coming out of the tunnel -- lots of light, but don't get run over.
HOLD
HOLD
May 1, 2019
It is pretty reasonably priced today. More of the automotive parts business is outsourced and LNR-T benefits. They have an advantage in the high precision parts they make. He owns it personally and has no intention to sell.
Show full opinionHide full opinion
It is pretty reasonably priced today. More of the automotive parts business is outsourced and LNR-T benefits. They have an advantage in the high precision parts they make. He owns it personally and has no intention to sell.
PAST TOP PICK
PAST TOP PICK
April 8, 2019
(A Top Pick May 30/18, Down 23%) He still owns it and is looking for $80s/90s in the next 3 to 5 years. There is a move to 9-10 speed transmissions from 4-5 speed for improved gas mileage and this gives them a higher content in cars. It is a great company with an incredible future.
Show full opinionHide full opinion
Linamar Corp (LNR-T)
April 8, 2019
(A Top Pick May 30/18, Down 23%) He still owns it and is looking for $80s/90s in the next 3 to 5 years. There is a move to 9-10 speed transmissions from 4-5 speed for improved gas mileage and this gives them a higher content in cars. It is a great company with an incredible future.
BUY
BUY
March 20, 2019
He's long owned this and likes it. Are we in peak auto now? Car stocks have come off--and that's overdone. Markets are growing rapidly, though China is making its own auto parts. That said, this space and stock are safe for now.
Show full opinionHide full opinion
Linamar Corp (LNR-T)
March 20, 2019
He's long owned this and likes it. Are we in peak auto now? Car stocks have come off--and that's overdone. Markets are growing rapidly, though China is making its own auto parts. That said, this space and stock are safe for now.
DON'T BUY
DON'T BUY
March 14, 2019
He is concerned that this company can be disrupted along with the space. The debt level of the company is a little higher than the one he is comfortable with. The company is doing the right things, but if the industry in general shrinks it will be affected.
Show full opinionHide full opinion
Linamar Corp (LNR-T)
March 14, 2019
He is concerned that this company can be disrupted along with the space. The debt level of the company is a little higher than the one he is comfortable with. The company is doing the right things, but if the industry in general shrinks it will be affected.
BUY
BUY
March 11, 2019
There are all kinds of good things about this company. After NAFTA was agreed upon the stock has gone down. Issues in Europe should have been short term. It is perceived as the smaller of the auto parts companies. But it should be viewed as a metallics manufacture. They make products for oil and gas, aerial lifts and agriculture. They are reporting after market close today.
Show full opinionHide full opinion
Linamar Corp (LNR-T)
March 11, 2019
There are all kinds of good things about this company. After NAFTA was agreed upon the stock has gone down. Issues in Europe should have been short term. It is perceived as the smaller of the auto parts companies. But it should be viewed as a metallics manufacture. They make products for oil and gas, aerial lifts and agriculture. They are reporting after market close today.
TOP PICK
TOP PICK
March 11, 2019
He is staying with it. Revenues and earnings have doubled in the last 5 years but the stock is back to where it was 5 years ago. The multiple has shrunk. The CEO just bought 50,000 shares. (Analysts’ price target is $58.25)
Show full opinionHide full opinion
Linamar Corp (LNR-T)
March 11, 2019
He is staying with it. Revenues and earnings have doubled in the last 5 years but the stock is back to where it was 5 years ago. The multiple has shrunk. The CEO just bought 50,000 shares. (Analysts’ price target is $58.25)
Showing 16 to 30 of 290 entries