Earnings Around the Corner for Linear Technology Corporation (NASDAQ:LLTC)

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.  

Potential Upside

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%.

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