Xilinx, Inc. (NASDAQ:XLNX) is scheduled to post its quarterly earnings results after the market closes on Wednesday, October 25th. Analysts expect Xilinx to post earnings of $0.63 per share for the quarter. Xilinx has set its Q2 guidance at ~$0.55-0.69 EPS.

Xilinx (NASDAQ:XLNX) last released its quarterly earnings data on Wednesday, July 26th. The programmable devices maker reported $0.63 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.60 by $0.03. Xilinx had a net margin of 26.22% and a return on equity of 24.70%. The business had revenue of $615.40 million for the quarter, compared to analysts’ expectations of $615.69 million. During the same quarter last year, the company earned $0.61 EPS. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. On average, analysts expect Xilinx to post $2.55 EPS for the current fiscal year and $2.81 EPS for the next fiscal year.

Xilinx, Inc. (NASDAQ:XLNX) traded down 0.08% during mid-day trading on Monday, hitting $72.11. 516,834 shares of the company were exchanged. Xilinx, Inc. has a 12-month low of $48.97 and a 12-month high of $73.32. The company has a market cap of $17.93 billion, a price-to-earnings ratio of 30.82 and a beta of 1.10. The stock’s 50 day moving average is $69.55 and its 200-day moving average is $65.11.

In related news, SVP Scott Hover-Smoot sold 12,143 shares of the firm’s stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of $62.17, for a total value of $754,930.31. Following the transaction, the senior vice president now owns 41,869 shares in the company, valued at $2,602,995.73. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Moshe Gavrielov sold 25,000 shares of the firm’s stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $69.76, for a total value of $1,744,000.00. Following the completion of the transaction, the chief executive officer now owns 270,856 shares in the company, valued at approximately $18,894,914.56. The disclosure for this sale can be found here. Insiders have sold a total of 209,330 shares of company stock worth $14,598,104 in the last quarter. Company insiders own 0.40% of the company’s stock.

Several equities research analysts have recently commented on the stock. BMO Capital Markets restated a “buy” rating and issued a $80.00 target price on shares of Xilinx in a research note on Wednesday, October 18th. KeyCorp set a $78.00 price target on shares of Xilinx and gave the stock a “buy” rating in a research report on Wednesday, October 11th. MKM Partners upped their price target on shares of Xilinx from $63.00 to $78.00 and gave the stock a “neutral” rating in a research report on Sunday, October 8th. SunTrust Banks, Inc. reiterated a “hold” rating on shares of Xilinx in a research report on Wednesday, October 4th. Finally, Credit Suisse Group reiterated an “outperform” rating on shares of Xilinx in a research report on Thursday, August 31st. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $68.63.

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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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