Linamar Stock Today

LNR Stock  CAD 59.85  3.56  5.61%   

Performance

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Odds Of Distress

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Linamar is selling at 59.85 as of the 28th of November 2024; that is 5.61% down since the beginning of the trading day. The stock's open price was 63.41. Linamar has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Linamar are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Automobiles & Components
Category
Consumer Cyclical
Classification
Consumer Discretionary
Linamar Corporation together with its subsidiaries design, develop, and produce engineered products in Canada, Rest of North America, the Asia Pacific, and Europe. Linamar Corporation was founded in 1966 and is headquartered in Guelph, Canada. LINAMAR CORP operates under Auto Parts classification in Canada and is traded on Toronto Stock Exchange. The company has 61.58 M outstanding shares of which 492.15 K shares are now shorted by private and institutional investors with about 2.5 days to cover all short positions. More on Linamar

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Linamar Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Linamar's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Linamar or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOLinda Hasenfratz
Business ConcentrationAutomotive Parts & Equipment, Automobiles & Components, Consumer Discretionary, Consumer Discretionary, Automobile Components, Auto Parts, Consumer Cyclical (View all Sectors)
Linamar's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Linamar's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Linamar can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Linamar's financial leverage. It provides some insight into what part of Linamar's total assets is financed by creditors.
Liquidity
Linamar cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Linamar has accumulated 1.77 B in total debt with debt to equity ratio (D/E) of 0.42, which is about average as compared to similar companies. Linamar has a current ratio of 1.25, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist Linamar until it has trouble settling it off, either with new capital or with free cash flow. So, Linamar's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Linamar sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Linamar to invest in growth at high rates of return. When we think about Linamar's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

829.81 Million
Linamar (LNR) is traded on Toronto Exchange in Canada and employs 33,000 people. Linamar is listed under Automotive Parts & Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.7 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Linamar's market, we take the total number of its shares issued and multiply it by Linamar's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Linamar operates under Automobile Components sector and is part of Consumer Discretionary industry. The entity has 61.58 M outstanding shares of which 492.15 K shares are now shorted by private and institutional investors with about 2.5 days to cover all short positions. Linamar has accumulated about 860.51 M in cash with 793.55 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.74.
Check Linamar Probability Of Bankruptcy
Ownership Allocation
Linamar maintains a total of 61.58 Million outstanding shares. Linamar holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Linamar Ownership Details

Linamar Risk Profiles

Although Linamar's alpha and beta are two of the key measurements used to evaluate Linamar's performance over the market, the standard measures of volatility play an important role as well.

Linamar Stock Against Markets

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Our tools can tell you how much better you can do entering a position in Linamar without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Linamar Corporate Management

Elected by the shareholders, the Linamar's board of directors comprises two types of representatives: Linamar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Linamar. The board's role is to monitor Linamar's management team and ensure that shareholders' interests are well served. Linamar's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Linamar's outside directors are responsible for providing unbiased perspectives on the board's policies.

Other Information on Investing in Linamar Stock

Linamar financial ratios help investors to determine whether Linamar Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Linamar with respect to the benefits of owning Linamar security.