Analyst Ratings for Linear Technology Corporation (LLTC)

Updated: 2017-02-11

Linear Technology Corporation (NASDAQ:LLTC) was awarded an average rating of Hold from investment analysts following the stock. LLTC had previously received a consensus rating of Hold a month ago.

0 analysts declared LLTC a buy, 0 gave an overweight rating, 17 issued a hold rating, 1 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

Investment analysts gave a few price targets for LLTC. The most optimistic analyst gave a price target of 65, which equates to a potential upside of 2.38 percent. The lowest price target was 60, which equates to a potential downside of -5.5 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.91 percent. The average change in earnings estimates over the last 90 days is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.02 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.45 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 3 analysts increased their quarterly estimates, which can be compared to the 3 analysts that decreased their estimates. Also over the last month, 7 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.

Analysts estimate earnings of LLTC to grow at a rate of 8.45 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of LLTC is 3.69.

LLTC has a 52-week high of 64.42 and a 52-week low of 40.69. The current market price is above the trailing year's low by 56.03 percent, and 1.44 percent lower than its 52-week high. LLTC has a P/E ratio of 31.18. Investors typically compare the P/E ratio to a company's peers in the industry. The LLTC value stock report compares LLTC to some of its peers using value stock charts. The stock has a market capitalization of $15.28 billion. LLTC will post this quarters earnings in days, on 0000-00-00.