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 highest price target was 65, implying potential capital gains of 2.38 percent. The most pessimistic price target was 60, implying a possible loss 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.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.91 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 3 analysts increased their quarterly estimates, which can be compared to the 3 analysts that decreased their estimates. Over the same time period, 7 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.
The growth rate of LLTC's earnings is estimated by analysts to be 8.45 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. 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.
In the last 52-weeks, LLTC has achieved a high of 64.42 and a low of 40.69. Currently the stock is 56.03 percent higher than its low, 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 market cap of LLTC is $15.28 billion. LLTC will post this quarters earnings in days, on 0000-00-00.