The leading market experts have placed a mean price target of $60.1300 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 $0.5200 a share for the upcoming quarter and $2.1800 for the current fiscal.
The technical analysis of Linear Technology Corporation plainly substantiates that the 50-day moving average of Linear Technology Corporation is $53.9766, and stock is trading $4.8435 points away or +8.9733% from its 50-day moving average of $53.9766. Further it is trading $11.8117 or +25.1268% away its 200-day moving average of $47.0084. Linear Technology Corporation (NASDAQ:LLTC) 52-week high is $64.4200 and the 52-week low is $36.4100.
This explains if the stock moves $-5.5999, it will post a 52-week high. In event of +61.5493% 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 29.1189.
The stock last ended the trading session at $58.8201 and registered a market cap of $14.39B. 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 2.7000.
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