Media coverage about Xilinx (NASDAQ:XLNX) has been trending somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Xilinx earned a coverage optimism score of 0.23 on Accern’s scale. Accern also assigned news stories about the programmable devices maker an impact score of 46.1630608356416 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
NASDAQ:XLNX traded down $4.40 during trading hours on Friday, hitting $66.30. The company had a trading volume of 3,230,355 shares, compared to its average volume of 2,387,596. The company has a quick ratio of 8.59, a current ratio of 9.08 and a debt-to-equity ratio of 0.73. The stock has a market cap of $16,894.24, a P/E ratio of 28.58, a PEG ratio of 2.46 and a beta of 1.09. Xilinx has a 1 year low of $54.99 and a 1 year high of $78.02.
Xilinx (NASDAQ:XLNX) last issued its earnings results on Wednesday, January 24th. The programmable devices maker reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.63 by ($0.58). The company had revenue of $631.00 million during the quarter, compared to analysts’ expectations of $630.00 million. Xilinx had a net margin of 20.20% and a return on equity of 27.61%. The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.52 earnings per share. equities analysts anticipate that Xilinx will post 2.65 earnings per share for the current year.
A number of equities research analysts have recently weighed in on the company. BidaskClub upgraded Xilinx from a “sell” rating to a “hold” rating in a research note on Saturday, January 6th. Mizuho reiterated a “buy” rating and issued a $74.00 target price (up previously from $69.00) on shares of Xilinx in a research report on Thursday, January 25th. Morgan Stanley upped their target price on Xilinx from $72.00 to $78.00 and gave the company an “overweight” rating in a research report on Wednesday, December 13th. SunTrust Banks upped their target price on Xilinx to $79.00 and gave the company an “outperform” rating in a research report on Thursday, January 25th. Finally, Zacks Investment Research upgraded Xilinx from a “hold” rating to a “buy” rating and set a $79.00 target price on the stock in a research report on Saturday. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have assigned a buy rating to the company. Xilinx has a consensus rating of “Hold” and an average price target of $74.16.
In related news, SVP Scott Hover-Smoot sold 4,300 shares of the firm’s stock in a transaction dated Tuesday, January 30th. The stock was sold at an average price of $71.72, for a total transaction of $308,396.00. Following the completion of the transaction, the senior vice president now directly owns 37,569 shares in the company, valued at approximately $2,694,448.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Moshe Gavrielov sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of $75.81, for a total value of $1,516,200.00. Following the transaction, the chief executive officer now owns 62,813 shares of the company’s stock, valued at $4,761,853.53. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 43,987 shares of company stock valued at $3,271,984. 0.40% of the stock is owned by company insiders.
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Xilinx Company Profile
Xilinx, Inc designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs; software design tools to program the PLDs; software development environments and embedded platforms; targeted reference designs; printed circuit boards; and intellectual property (IP).
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