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.

In other news, CEO Moshe Gavrielov sold 1,400 shares of the business’s stock in a transaction on Monday, October 30th. The stock was sold at an average price of $73.38, for a total value of $102,732.00. Following the sale, the chief executive officer now owns 111,413 shares of the company’s stock, valued at approximately $8,175,485.94. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Lorenzo Flores sold 2,828 shares of the business’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $74.23, for a total value of $209,922.44. Following the completion of the sale, the chief financial officer now directly owns 28,313 shares in the company, valued at approximately $2,101,673.99. The disclosure for this sale can be found here. Insiders have sold a total of 31,728 shares of company stock worth $2,293,154 in the last ninety days. 0.40% of the stock is owned by company insiders.

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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About Xilinx

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.

Earnings History for Xilinx (NASDAQ:XLNX)

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