Closing Bell: Linamar Corp down on Monday (LNR)

In trading today, shares of Linamar Corp opened at $68.26 and closed at $67.88. It traded at a low of $66.95 to a high of $68.28.

Shares dipped -1.05 percent from the previous day's close of $68.60.

During the day across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

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

Trading volume was 93,630 on 615 total trades. On average, Linamar Corp has traded 102,265 shares over 5 days and 82,985 year-to-date.

Trading across the entire TSX saw 1,903 price advancers against 3,356 declines and 91 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, the shares have dipped -10.67% in the last year, while in 2024, they have raised 6.03%.

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 $4.22 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 has an average recommendation of "Strong Buy" based on 5.00 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..