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.
A number of analysts gave 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 most pessimistic price target was 60, implying a possible loss of -5.5 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
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. Meanwhile, fiscal year estimates have been revised downwards by -0.02 percent, compared to last month. 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, while 3 analysts made negative revisions. Over the same time period, 7 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
LLTC has an estimated earnings growth rate of 8.45 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of LLTC is 3.69.
LLTC has traded between a high of 64.42 and a low of 40.69 over the past year. Today's price is 56.03 percent above the 52-week low, and 1.44 percent below the 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's next earnings release will be on 0000-00-00, which is days away.