Event-Driven Stocks

LINEAR TECHNOLOGY CORP /CA/

Technology · Semiconductors & Related Devices · DE · SEC filings ↗ · Compare ⊕

Signs5 good1 warningdetails ↓

Financials

SEC XBRL · annual
 FY16FY15FY14FY13FY12FY11
Revenue$347.1M$372.0M$1.39B$1.28B$1.27B$294.3M
Operating income$633.6M$682.7M$639.7M$573.2M$582.0M$767.3M
Net income$121.5M$135.2M$460.0M$406.9M$398.1M$87.9M
Total assets$2.05B$1.88B$1.66B$2.10B$1.85B$1.59B
Total liabilities$290.8M$306.2M$324.2M$1.12B$1.11B$1.09B
Equity$1.76B$1.58B$1.33B$981.9M$736.5M$505.6M
EPS (diluted)$0.50$0.55$1.90$1.71$1.70$0.38
Shares out.239.7M239.8M238.5M233.2M230.3M227.9M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2016
Operating margin
182.5%
Net margin
35.0%
Return on equity
6.9%
Return on assets
5.9%
Return on capital (ROCE)
33.9%
Liabilities / assets
14.2%
Debt / equity
0.17×
Book value / share
$7.34
Revenue growth (YoY)
−6.7%
Net income growth (YoY)
−10.1%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2016
Altman Z″ (distress)
12.86safe
Accruals / assets
27.5%clean
Beneish M-Score
-2.06normal
Piotroski F-Score
6/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
67
/ 100
Profitability 100Growth 0Catalyst 33Earnings quality 100Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

1 warning5 good
  • Revenue declined year-over-year
  • Operating margin is positive
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Insider transactions

SEC Form 4 · most recent
0 acquisitions12 disposalsnet 848,252 shares · last 12
InsiderDateTypeSharesPrice
Moley Richard MDirectorMar 10, 2017D12,000
Volpe Thomas SDirectorMar 10, 2017D6,000
Lee David SDirectorMar 10, 2017D27,000
Gordon John JDirectorMar 10, 2017D19,594
Agnos Arthur CDirectorMar 10, 2017D21,000
Zerio Donald POfficer — VP of Finance and CFOMar 10, 2017D75,245
Swanson Robert H JrOfficer — Executive ChairMar 10, 2017D202,695
Soule Erik M.Officer — VP Sig. Cond. Business UnitMar 10, 2017D106,909
Reay RobertOfficer — VP &amp; GM Mixed SignalMar 10, 2017D114,772
Quarles David AOfficer — VP INTERNATIONAL SALESMar 10, 2017D52,633
Maier LotharOfficer — CEOMar 10, 2017D209,404
Dobkin Robert COfficer — VP of Engineering and CTOMar 6, 2017Gift1,000$0.00

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)