Xilinx (NASDAQ:XLNX) is set to issue its quarterly earnings data after the market closes on Tuesday, April 24th. Analysts expect the company to announce earnings of $0.66 per share for the quarter.
Xilinx (NASDAQ:XLNX) last announced its quarterly earnings data on Wednesday, January 24th. The programmable devices maker reported $0.05 EPS for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.58). The firm had revenue of $631.00 million during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.52 earnings per share. On average, analysts expect Xilinx to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of XLNX opened at $68.18 on Tuesday. The firm has a market capitalization of $17,452.29, a price-to-earnings ratio of 29.39, a PEG ratio of 2.54 and a beta of 1.09. The company has a debt-to-equity ratio of 0.73, a quick ratio of 8.59 and a current ratio of 9.08. Xilinx has a 52 week low of $55.48 and a 52 week high of $78.02.
In related news, SVP Scott Hover-Smoot sold 4,300 shares of the firm’s stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $71.72, for a total transaction of $308,396.00. Following the sale, the senior vice president now owns 37,569 shares of the company’s stock, 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 link. Also, insider Vincent Tong sold 19,687 shares of the firm’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $73.52, for a total value of $1,447,388.24. Following the sale, the insider now directly owns 55,403 shares in the company, valued at approximately $4,073,228.56. The disclosure for this sale can be found here. Insiders have sold a total of 43,987 shares of company stock worth $3,271,984 in the last ninety days. 0.40% of the stock is currently owned by company insiders.
XLNX has been the topic of a number of recent research reports. Goldman Sachs upgraded Xilinx from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. BidaskClub upgraded Xilinx from a “sell” rating to a “hold” rating in a research report on Saturday, January 6th. Argus raised their price target on Xilinx to $85.00 and gave the stock a “buy” rating in a research report on Tuesday, January 9th. Barclays restated a “hold” rating and issued a $70.00 price target on shares of Xilinx in a research report on Friday, January 19th. Finally, KeyCorp restated an “overweight” rating and issued a $87.00 price target (up from $78.00) on shares of Xilinx in a research report on Tuesday, January 23rd. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have given a buy rating to the company. Xilinx has an average rating of “Hold” and a consensus price target of $74.16.
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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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