Equities analysts expect Xilinx, Inc. (NASDAQ:XLNX) to post earnings per share of $0.68 for the current quarter, according to Zacks Investment Research. Eight analysts have made estimates for Xilinx’s earnings. The highest EPS estimate is $0.78 and the lowest is $0.64. Xilinx reported earnings per share of $0.57 in the same quarter last year, which would suggest a positive year-over-year growth rate of 19.3%. The company is expected to announce its next earnings results on Wednesday, April 25th.
On average, analysts expect that Xilinx will report full-year earnings of $1.98 per share for the current year, with EPS estimates ranging from $1.97 to $2.00. For the next year, analysts forecast that the company will report earnings of $2.89 per share, with EPS estimates ranging from $2.75 to $2.98. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that follow Xilinx.
Xilinx (NASDAQ:XLNX) last issued its quarterly earnings data on Wednesday, January 24th. The programmable devices maker reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.63 by ($0.58). The business had revenue of $631.00 million for the quarter, compared to analyst estimates of $630.00 million. Xilinx had a return on equity of 27.61% and a net margin of 20.20%. The business’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.52 earnings per share.
In other Xilinx news, insider Vincent Tong sold 19,687 shares of the company’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $73.52, for a total value of $1,447,388.24. Following the transaction, the insider now owns 55,403 shares of the company’s stock, valued at $4,073,228.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Scott Hover-Smoot sold 4,300 shares of the company’s stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $71.72, for a total value of $308,396.00. Following the completion of the transaction, the senior vice president now directly owns 37,569 shares in the company, valued at approximately $2,694,448.68. The disclosure for this sale can be found here. Insiders sold 43,987 shares of company stock valued at $3,271,984 over the last 90 days. 0.40% of the stock is currently owned by insiders.
Hedge funds and other institutional investors have recently bought and sold shares of the business. NuWave Investment Management LLC bought a new position in shares of Xilinx in the fourth quarter valued at $102,000. Tower Research Capital LLC TRC bought a new position in shares of Xilinx in the fourth quarter valued at $106,000. San Francisco Sentry Investment Group CA bought a new position in shares of Xilinx in the third quarter valued at $117,000. Old Mutual Global Investors UK Ltd. acquired a new stake in Xilinx during the 4th quarter valued at $116,000. Finally, Cerebellum GP LLC acquired a new stake in Xilinx during the 4th quarter valued at $126,000. 91.67% of the stock is currently owned by institutional investors.
Shares of Xilinx (NASDAQ:XLNX) traded down $0.11 during midday trading on Wednesday, hitting $76.03. The stock had a trading volume of 485,477 shares, compared to its average volume of 2,785,462. The company has a debt-to-equity ratio of 0.73, a quick ratio of 8.59 and a current ratio of 9.08. The firm has a market capitalization of $19,638.61, a P/E ratio of 40.02, a PEG ratio of 4.17 and a beta of 1.11. Xilinx has a fifty-two week low of $54.99 and a fifty-two week high of $78.02.
The company also recently announced a quarterly dividend, which was paid on Thursday, February 22nd. Shareholders of record on Wednesday, February 7th were given a $0.35 dividend. The ex-dividend date was Tuesday, February 6th. This represents a $1.40 dividend on an annualized basis and a yield of 1.84%. Xilinx’s dividend payout ratio (DPR) is 73.68%.
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Xilinx Company Profile
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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