Media stories about Xilinx (NASDAQ:XLNX) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Xilinx earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned media headlines about the programmable devices maker an impact score of 46.3488964803293 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
- Fizzle or Sizzle? What’s Behind the Numbers For Xilinx Inc (XLNX) – Evergreen Caller (evergreencaller.com)
- Xilinx, Inc. (NASDAQ:XLNX) Sees Significantly Lower Trading Volume – Modern Readers (modernreaders.com)
- American Century Companies Inc Bought A Lot More Xilinx, Inc. (XLNX) Stock In The Last Quarter – Modern Readers (modernreaders.com)
- Watching Xilinx Inc (XLNX)’s Trading Levels – Berry Recorder (berryrecorder.com)
- Pre-Market Technical Recap on Semiconductor Stocks — Xilinx, Applied Optoelectronics, Pixelworks, and MoSys (bizjournals.com)
A number of analysts have recently commented on the company. BidaskClub upgraded Xilinx from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 24th. Vetr downgraded Xilinx from a “buy” rating to a “hold” rating and set a $69.47 price objective for the company. in a report on Monday, June 26th. Wells Fargo & Company downgraded Xilinx from an “outperform” rating to a “market perform” rating and set a $66.00 price objective for the company. in a report on Tuesday, May 23rd. Barclays PLC upgraded Xilinx from an “underweight” rating to an “equal weight” rating and upped their price objective for the stock from $53.00 to $60.00 in a report on Tuesday, July 18th. Finally, Pacific Crest restated an “overweight” rating and set a $70.00 price objective on shares of Xilinx in a report on Friday, May 19th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $64.57.
Xilinx (NASDAQ XLNX) traded down 1.55% during trading on Thursday, reaching $61.77. 1,536,855 shares of the company’s stock were exchanged. The company has a market capitalization of $15.36 billion, a PE ratio of 26.40 and a beta of 1.09. Xilinx has a 1-year low of $48.75 and a 1-year high of $68.68. The company’s 50-day moving average is $64.91 and its 200-day moving average is $61.94.
Xilinx (NASDAQ:XLNX) last announced its earnings results on Wednesday, July 26th. The programmable devices maker reported $0.63 EPS for the quarter, topping the consensus estimate of $0.60 by $0.03. The firm had revenue of $615.40 million for the quarter, compared to the consensus estimate of $615.69 million. Xilinx had a net margin of 26.22% and a return on equity of 24.70%. The business’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.61 EPS. Equities research analysts expect that Xilinx will post $2.54 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 30th. Investors of record on Thursday, August 10th will be issued a $0.35 dividend. The ex-dividend date is Tuesday, August 8th. This represents a $1.40 annualized dividend and a yield of 2.27%. Xilinx’s dividend payout ratio (DPR) is presently 60.09%.
In other news, insider Steven L. Glaser sold 15,788 shares of the business’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $63.38, for a total transaction of $1,000,643.44. Following the transaction, the insider now owns 12,387 shares in the company, valued at approximately $785,088.06. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Scott Hover-Smoot sold 12,143 shares of the business’s stock in a transaction dated Thursday, August 3rd. The stock was sold at an average price of $62.17, for a total transaction of $754,930.31. Following the transaction, the senior vice president now owns 41,869 shares in the company, valued at approximately $2,602,995.73. The disclosure for this sale can be found here. Insiders sold a total of 38,531 shares of company stock worth $2,461,740 in the last quarter. Insiders own 0.40% of the company’s stock.
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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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