Xilinx (XLNX) Set to Announce Earnings on Tuesday
Xilinx (NASDAQ:XLNX) is scheduled to be releasing its earnings data after the market closes on Tuesday, January 23rd. Analysts expect Xilinx to post earnings of $0.63 per share for the quarter. Xilinx has set its Q3 guidance at ~$0.56-0.70 EPS.
Xilinx (NASDAQ:XLNX) last issued its earnings results on Wednesday, October 25th. The programmable devices maker reported $0.65 EPS for the quarter, topping the consensus estimate of $0.63 by $0.02. The company had revenue of $620.00 million during the quarter, compared to analyst estimates of $620.99 million. Xilinx had a return on equity of 25.17% and a net margin of 25.93%. The business’s revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.61 EPS. On average, analysts expect Xilinx to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Xilinx (NASDAQ:XLNX) opened at $74.66 on Tuesday. The company has a market capitalization of $18,740.00, a P/E ratio of 31.50, a PEG ratio of 3.08 and a beta of 1.08. The company has a debt-to-equity ratio of 0.70, a current ratio of 9.86 and a quick ratio of 9.35. Xilinx has a 12-month low of $54.99 and a 12-month high of $75.29.
A number of research analysts recently issued reports on XLNX shares. Argus boosted their price objective on Xilinx to $85.00 and gave the company a “buy” rating in a research report on Tuesday, January 9th. BidaskClub upgraded Xilinx from a “sell” rating to a “hold” rating in a research report on Saturday, January 6th. KeyCorp set a $78.00 price objective on Xilinx and gave the company a “buy” rating in a research report on Wednesday, October 11th. Zacks Investment Research lowered Xilinx from a “buy” rating to a “hold” rating in a research report on Monday, October 30th. Finally, BMO Capital Markets restated a “buy” rating and set a $80.00 price objective on shares of Xilinx in a research report on Wednesday, October 18th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and nine have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $71.53.
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Xilinx, Inc (Xilinx) is engaged in designing and developing programmable devices and associated technologies. The Company’s programmable devices and associated technologies include integrated circuits (ICs) in the form of programmable logic devices (PLDs), including programmable System on Chips (SoCs) and three-dimensional ICs (3D ICs); software design tools to program the PLDs; targeted reference designs; printed circuit boards, and intellectual property (IP), which consists of Xilinx, and various third-party verification and IP cores.
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