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 highest price target was 65, which equates to a potential upside of 2.38 percent. The most pessimistic price target was 60, implying potential capital losses of -5.5 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.91 percent on average, compared to last month. 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.45 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts revised their estimates downwards. 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. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. LLTC has a PEG ratio of 3.69.
In the trailing 52-weeks, LLTC hit 64.42 at the highest peak, while it's lowest trading point was 40.69. Today's price is 56.03 percent above the 52-week low, and 1.44 percent below the high. LLTC has a price/earnings 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's next earnings release will be on 0000-00-00, which is days away.