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.

Several price targets were given for LLTC by the analysts covering the stock. The maximum price target given was 65, which equates to a potential upside of 2.38 percent. The lowest price target was 60, implying potential capital losses of -5.5 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.91 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.02 percent. If we look at the last 90 days instead, we find a net average change of 0.45 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 3 analysts that decreased their estimates. During this time, 7 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.

The growth rate of LLTC's earnings is estimated by analysts to be 8.45 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. LLTC has a PEG ratio of 3.69.

LLTC has a 52-week high of 64.42 and a 52-week low of 40.69. Currently the stock is 56.03 percent higher than its low, and below the high by 1.44 percent. 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 market cap of LLTC is $15.28 billion. LLTC will post this quarters earnings in days, on 0000-00-00.