Xilinx (XLNX) Scheduled to Post Earnings on Wednesday
Xilinx (NASDAQ:XLNX) will release its Q214 earnings data on Wednesday, October 16th. Analysts expect Xilinx to post earnings of $0.53 per share and revenue of $588.28 million for the quarter.
Xilinx (NASDAQ:XLNX) last posted its quarterly earnings results on Wednesday, July 17th. The company reported $0.56 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.47 by $0.09. The company had revenue of $579.00 million for the quarter, compared to the consensus estimate of $549.32 million. During the same quarter in the prior year, the company posted $0.47 earnings per share. The company’s quarterly revenue was down .7% on a year-over-year basis. On average, analysts expect Xilinx to post $2.22 EPS for the current fiscal year and $2.50 EPS for the next fiscal year.
Shares of Xilinx (NASDAQ:XLNX) opened at 47.45 on Tuesday. Xilinx has a 1-year low of $32.12 and a 1-year high of $48.12. The stock’s 50-day moving average is $46.29 and its 200-day moving average is $42.04. The company has a market cap of $12.636 billion and a P/E ratio of 25.20.
A number of research firms have recently commented on XLNX. Analysts at Pacific Crest upgraded shares of Xilinx from a “sector perform” rating to an “outperform” rating in a research note to investors on Monday, September 30th. They now have a $55.00 price target on the stock. On the ratings front, analysts at Morgan Stanley upgraded shares of Xilinx from an “equal weight” rating to an “overweight” rating in a research note to investors on Friday, August 16th. Finally, analysts at Zacks upgraded shares of Xilinx from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, August 8th. They now have a $55.00 price target on the stock. Fifteen analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $44.02.
Xilinx, Inc (NASDAQ:XLNX) designs, develops and markets programmable platforms.
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