Closing Bell: Linamar Corp up on Monday (LNR)

In trading today, shares of Linamar Corp opened at $67.10 and closed at $67.84. It traded at a low of $67.10 to a high of $68.45.

The price advanced 1.06% from the previous day's close of $67.13.

During the day across North America, the TSX Composite closed 0.57% at 22673.52, the S&P 500 closed 0.55% at 5615.35, the Dow Jones Industrial Average closed 0.62% at 40000.90 and the Nasdaq Composite closed 0.63% at 18398.45.

Linamar Corp traded under LNR on the Toronto Stock Exchange (TSX).

Trading volume was 43,958 on 374 total trades. On average, Linamar Corp has traded 55,107 shares over the last 5-days and 82,622 year-to-date.

The TSX market on the whole today saw 3,258 price advancers against 1,978 declines and 100 unchanged.

During the prior 52 weeks, LNR.TO has traded as high as $78.89 (August 03,2023) and low as $56.78 (November 13,2023). Moreover, in the last 12 months, Linamar Corp's shares have decreased -8.94%, while they have raised 5.97% this year.

It announced a 0.25 dividend on May 09/24, with an May 24/24 ex-date and June 07/24 pay day.

Following today's trading, Linamar Corp has a market capitalization of $4.13 billion on a float of 61,578 shares outstanding. Its annual EPS is $9.17.

Linamar Corp is a TSX Auto Parts company headquartered in Guelph, CAN.

Currently, Linamar Corp's consensus rating is "Strong Buy" based on 5 analysts according to Zacks. From those 5 analysts, 4 have buy ratings and 1 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..