The analysts are expecting for lower profit for Linear Technology Corporation (NASDAQ:LLTC) at what time the firm declares its results for the Q3 on Tuesday, April 16, 2013. Linear Technology declared profit of 44 cents a year before, but the consensus predicts calls for earnings a share of 43 cents this time around.
The consensus predicts has surged from 42 cents over the previous quarter. Analysts are predicting earnings of $1.72 a share for the fiscal year. Revenue is predicting to be $313.5M for the quarter, 0.4% higher than the year-earlier total of $312.4M. The revenue is predicated to come in at $1.28B for the year.
Moving readers toward the broader market, let’s consider percentage change in stocks prices of other stocks in the similar sector who contribute major role in the market that includes NVIDIA Corporation (NASDAQ:NVDA) lost -0.47%, First Solar, Inc. (NASDAQ:FSLR) edged up +2.40%, GT Advanced Technologies Inc (NASDAQ:GTAT) which also increased +4.64% and SunPower Corporation (NASDAQ:SPWR) closed up +2.50%.
Linear Technology Corporation (NASDAQ:LLTC) stock’s trade at beginning with a price of $36.60 and throughout the trading session climbed at a high of $37.00 other than when day-trade ended the stock finally advanced +0.49% to $36.89.
The stock is going forward its 52 week low with +33.46% and lagging behind from its 52 week high price with -5.17%. LLTC last month stock price volatility remained 1.74%.
LLTC stock institutional ownership remained 92.61% while insider ownership included 0.81%. In its share capital LLTC has 232.57 million outstanding shares among them 230.97 million shares have been floated in market exchange.
Company’s beta coefficient included 1.06. Beta factors measures the amount of market risk associated with market trade.
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