- Linamar reported third-quarter sales of C$2.54 billion, matching analyst estimates.
- The company’s normalized earnings per share (EPS) came in at C$2.51, slightly beating expectations of C$2.41.
- Actual EPS reached C$2.82 for the quarter.
- Strong performance in Linamar’s Mobility segment helped offset significant declines in agricultural markets.
- Analyst recommendations for Linamar include 4 buys and 2 holds, with no sell ratings.
A look at Linamar Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Linamar Corporation, a manufacturer of precision components for the automotive industry and other sectors, shows promising long-term potential based on the Smartkarma Smart Scores analysis. With a top score in Value, the company is perceived as having strong underlying worth relative to its market price. This indicates a positive perception of Linamar’s financial health and potential for future growth.
Although the company’s Dividend score is moderate, its Growth, Resilience, and Momentum scores are all solid. This suggests that while Linamar may not be the most attractive for dividend-seeking investors, it demonstrates good growth prospects, resilience in challenging market conditions, and a favorable momentum. Overall, the combination of these scores indicates a favorable long-term outlook for Linamar Corp as it continues to evolve and expand its operations in various industries.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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