Earnings is just around the corner for Linear Technology Corporation (NASDAQ:LLTC) as the firm is slated to issue their report on 10/18/2016 4:30:00 PM. The firm has most recently posted quarter over quarter growth of -0.20% and sales growth of -1.50% quarter over quarter.
In terms of the trend lines, Linear Technology Corporation (NASDAQ:LLTC) shares are currently -7.75% off of their 52-week high and 61.61% off from the 52-week low point. The stock is 22.64% from the 200-day moving average and 0.54% from the 50-day average. The Relative Strength Index for the stock stands at 52.25.
Increased volatility should be expected heading into and immediately after the Linear Technology Corporation (NASDAQ:LLTC) earnings report. According to the most recent data, the average true range stands at 0.44 which is a measure of the most recent volatility. The number is an exponential 14-day moving average of the True Ranges (range of each trading day’s high and low). The average volatility for the week stands at 0.71% and 0.71% for the past month. The relative volume (ratio between current volume and 3-month average) stands at 0.63.
So is there any potential upside for the stock if Linear Technology Corporation is able to meet or beat earnings? Analysts, on a consensus basis have a $61.50 on the stock, compared to a recent bid of $59.10. The average broker recommendation yields a score of 3.00, which is an integer based calculation from all of the buy, sell and hold recommendations from sell-side analysts.
Heading into the earnings report, 0.80% shares are held by company insiders. On the institutional front, 97.20% of Linear Technology Corporation (NASDAQ:LLTC) are owned by firms or funds. Over the past few months, insider transactions have trended -0.88% while institutions saw a change of 0.07% in company stock.
Year to date, Linear Technology Corporation (NASDAQ:LLTC) holders have seen returns of 41.19%. Over the past month the stock moved 1.05% and most recently shares over the past five trading days have moved -1.46%.