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Shares of Xilinx (NASDAQ:XLNX) have earned an average rating of “Hold” from the twenty-five ratings firms that are currently covering the company, reports. Thirteen analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $49.95.

Shares of Xilinx (NASDAQ:XLNX) opened at 42.25 on Tuesday. Xilinx has a 1-year low of $39.12 and a 1-year high of $55.59. The stock’s 50-day moving average is $43.06 and its 200-day moving average is $47.88. The company has a market cap of $11.343 billion and a P/E ratio of 18.79.

Xilinx (NASDAQ:XLNX) last announced its earnings results on Tuesday, July 22nd. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.01. The company had revenue of $612.60 million for the quarter, compared to the consensus estimate of $631.42 million. During the same quarter in the previous year, the company posted $0.56 earnings per share. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. On average, analysts predict that Xilinx will post $2.39 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. cut their price target on shares of Xilinx from $52.00 to $47.00 in a research note on Friday, August 8th. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Xilinx in a research note on Friday, July 25th. They now have a $43.00 price target on the stock. Finally, analysts at Argus upgraded shares of Xilinx from a “hold” rating to a “buy” rating in a research note on Thursday, July 24th. They noted that the move was a valuation call.

Xilinx, Inc (NASDAQ:XLNX) designs and develops programmable devices and associated technologies.

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