Stock To Watch: Linear Technology Corporation (NASDAQ:LLTC)


The leading market experts have placed a mean price target of $45.35 on Linear Technology Corporation (NASDAQ:LLTC) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.54 a share for the upcoming quarter and $2.01 for the current fiscal. Technical View The technical analysis of Linear Technology Corporation plainly substantiates that the 50-day moving average of Linear Technology Corporation is $46.69, and stock is hovering 0.62 or +1.33% distant from $46.69. It is noted that the 200-day MA is $44.07, and Linear Technology Corporation stock is $3.24 or +7.34% off from this point. Linear Technology Corporation (NASDAQ:LLTC) 52-week high is $47.89 and the 52-week low is $36.41. This explains if the stock moves $-0.58, it will post a 52-week high. In event of $+29.94% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Linear Technology Corporation, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Linear Technology Corporation (NASDAQ:LLTC) ratio came in at 23.42. The stock last ended the trading session at $47.31 and registered a market cap of $11.31B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Linear Technology Corporation (NASDAQ:LLTC) PEG ratio is at 2.35.

1 Chart Pattern Every Investor Should Know

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