Weekly Investment Analysts’ Ratings Updates for Xilinx (XLNX)

Xilinx (NASDAQ: XLNX) recently received a number of ratings updates from brokerages and research firms:

  • 1/25/2018 – Xilinx had its price target raised by analysts at Bank of America Corp from $61.00 to $70.00. They now have an “underperform” rating on the stock.
  • 1/25/2018 – Xilinx had its price target raised by analysts at SunTrust Banks, Inc. to $79.00. They now have an “outperform” rating on the stock.
  • 1/25/2018 – Xilinx had its price target raised by analysts at JPMorgan Chase & Co. from $67.00 to $73.00. They now have a “neutral” rating on the stock.
  • 1/25/2018 – Xilinx had its price target raised by analysts at Credit Suisse Group AG from $75.00 to $85.00. They now have an “outperform” rating on the stock.
  • 1/25/2018 – Xilinx had its price target raised by analysts at Wells Fargo & Co from $66.00 to $70.00. They now have a “market perform” rating on the stock.
  • 1/25/2018 – Xilinx was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 1/25/2018 – Xilinx had its “buy” rating reaffirmed by analysts at Mizuho. They now have a $74.00 price target on the stock, up previously from $69.00.
  • 1/23/2018 – Xilinx had its “overweight” rating reaffirmed by analysts at KeyCorp. They now have a $87.00 price target on the stock, up previously from $78.00.
  • 1/19/2018 – Xilinx had its “hold” rating reaffirmed by analysts at Barclays PLC. They now have a $70.00 price target on the stock.
  • 1/9/2018 – Xilinx had its price target raised by analysts at Argus to $85.00. They now have a “buy” rating on the stock.
  • 1/6/2018 – Xilinx was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 1/5/2018 – Xilinx was upgraded by analysts at Goldman Sachs Group Inc from a “neutral” rating to a “buy” rating.

Xilinx, Inc. (XLNX) opened at $65.38 on Monday. The firm has a market capitalization of $16,410.00, a P/E ratio of 34.41, a P/E/G ratio of 3.38 and a beta of 1.13. Xilinx, Inc. has a 52-week low of $54.99 and a 52-week high of $77.26. The company has a debt-to-equity ratio of 0.73, a current ratio of 9.08 and a quick ratio of 8.59.

Xilinx (NASDAQ:XLNX) last issued its quarterly earnings data on Wednesday, January 24th. The programmable devices maker reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.63 by ($0.58). The business had revenue of $631.00 million during the quarter, compared to analysts’ expectations of $630.00 million. Xilinx had a return on equity of 27.61% and a net margin of 20.20%. The company’s revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.52 earnings per share. analysts anticipate that Xilinx, Inc. will post 2.07 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 22nd. Investors of record on Wednesday, February 7th will be given a $0.35 dividend. The ex-dividend date is Tuesday, February 6th. This represents a $1.40 annualized dividend and a yield of 2.14%. Xilinx’s payout ratio is 73.68%.

In related news, CEO Moshe Gavrielov sold 20,000 shares of the stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $75.81, for a total value of $1,516,200.00. Following the completion of the transaction, the chief executive officer now directly owns 62,813 shares in the company, valued at $4,761,853.53. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Elizabeth W. Vanderslice sold 2,500 shares of the stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $72.20, for a total value of $180,500.00. The disclosure for this sale can be found here. Insiders sold 71,487 shares of company stock valued at $5,252,484 over the last quarter. 0.40% of the stock is currently owned by company insiders.

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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