Linamar Corporation's stock has shown resilience with a modest weekly gain despite market fluctuations.
This week, Linamar Corporation (LNR.TO) experienced a slight increase in its stock price, closing at C$109.00. The company has been in the news recently, highlighting its strong performance in the second quarter and strategic advancements in its mobility segment. Let's take a closer look at the factors influencing Linamar's stock and its technical standing.
Advertisement
Linamar Corporation
LNR.TO
LNR.TO
Linamar Corporation
WealthAwesomeMarket cap
$6.19B
P/E
9.2x
Div. yield
1.68%
Div. / share
$1.77
52W high
$108.29
52W low
$69.29
1W change
+0.55%
Beta
1.32
Analyst Price Targets
Based on analyst covering LNR
Wall Street analysts forecast LNR stock price to rise 11.1% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$116.17
+11.1% Upside
Current Price
C$104.60
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on LNR's historical volatility
30-Day Vol
27.9%
Annualized
90-Day Vol
38.7%
Annualized
Trend (90d)
+19.3%
Annualized drift
90d Mean
C$112.07
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$107.03 | C$97.21 โ C$117.85 |
| 60 trading days | C$109.52 | C$95.58 โ C$125.49 |
| 90 trading days | C$112.07 | C$94.86 โ C$132.40 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Investor takeaway: With a solid earnings report and a positive outlook, Linamar appears to be in a strong position within the consumer discretionary sector, although potential investors should consider market volatility.
Linamar's stock is up 0.55% this week, reflecting steady performance amid market challenges.
The stock's performance year-to-date has been impressive, with a 24.20% increase, highlighting investor confidence in Linamar's strategic direction.
Bull case
Linamar's record sales and strong cash flow show that the company is performing well operationally. This success may attract more investor interest and support future growth.
Bear case
However, the stock's volatility, indicated by a beta of 1.32, suggests it may be more sensitive to market fluctuations. This could deter risk-averse investors from buying in.
Company News
Linamar Corporation has been making headlines recently with its impressive second-quarter earnings report. The company reported record sales, driven by strong performance in its mobility segment. This success was highlighted during their earnings call, where management discussed strategic wins and the company's ability to generate significant cash flow even in challenging market conditions. Investors may find reassurance in Linamar's ability to navigate these challenges effectively.
Advertisement
Technical Picture
As of the last close, Linamar's stock price stands at C$109.00. The stock is currently trading above both its 50-day moving average of C$102.66 and its 200-day moving average of C$91.10, suggesting a bullish trend. The stock has a beta of 1.32, indicating a higher level of volatility compared to the market. Over the past 52 weeks, Linamar has traded within a range of C$69.29 to C$108.29, which positions the current price at approximately 102% of its range. The latest trading volume was 401,175 shares, which is nearly in line with the 20-day average volume of 139,059 shares.
Insider Activity
No recent insider activity has been reported for Linamar Corporation, indicating that executives and board members have not made significant trades that could impact investor sentiment.
Price Action
Linamar Corporation's stock closed at C$109.00, reflecting a slight decline of 0.38% on the day. However, the stock has gained 0.55% over the past week, showcasing its resilience in the face of market fluctuations.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile โโ Reviewed by Certified Financial Professionals
This content has been reviewed by CFAยฎ charterholders and Certified Financial Planners (CFPยฎ) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFAยฎ charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFPยฎ professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
โ ๏ธ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
