Linamar Stock Today
LNR Stock | CAD 59.85 3.56 5.61% |
Performance0 of 100
| Odds Of DistressLess than 2
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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.
CEO | Linda Hasenfratz | ||||
Business Concentration | Automotive 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 LevelsLinamar 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.
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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.
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Ownership AllocationLinamar 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.
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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.
Mean Deviation | 1.21 | |||
Standard Deviation | 1.59 | |||
Variance | 2.52 | |||
Risk Adjusted Performance | (0.03) |
Linamar Stock Against Markets
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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.
Kurt Buehler | Group MacDon | Profile | |
Sean Congdon | Group Americas | Profile | |
Chris Merchant | Global Fin | Profile | |
Salvatore Cocca | Group Europe | Profile |
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.