Xilinx (XLNX) Given Daily Media Sentiment Rating of 0.16
News headlines about Xilinx (NASDAQ:XLNX) have trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Xilinx earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave media coverage about the programmable devices maker an impact score of 46.6176958227688 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Several analysts recently issued reports on the company. Morgan Stanley raised their target price on Xilinx from $72.00 to $78.00 and gave the stock an “overweight” rating in a research note on Wednesday. BidaskClub cut Xilinx from a “hold” rating to a “sell” rating in a research report on Saturday, December 2nd. Zacks Investment Research cut Xilinx from a “buy” rating to a “hold” rating in a research report on Monday, October 30th. Robert W. Baird reaffirmed a “hold” rating and set a $68.00 price objective on shares of Xilinx in a research report on Friday, October 27th. Finally, Barclays lifted their price objective on Xilinx from $65.00 to $67.00 and gave the company an “equal weight” rating in a research report on Thursday, October 26th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have given a buy rating to the company’s stock. Xilinx has a consensus rating of “Hold” and an average target price of $70.05.
Xilinx (NASDAQ:XLNX) traded up $0.35 during mid-day trading on Wednesday, hitting $68.03. 2,421,495 shares of the stock traded hands, compared to its average volume of 2,596,468. Xilinx has a 1 year low of $54.99 and a 1 year high of $75.14. The stock has a market capitalization of $17,160.16, a price-to-earnings ratio of 28.85, a price-to-earnings-growth ratio of 2.82 and a beta of 1.07. The company has a quick ratio of 9.35, a current ratio of 9.86 and a debt-to-equity ratio of 0.70.
Xilinx (NASDAQ:XLNX) last released its earnings results on Wednesday, October 25th. The programmable devices maker reported $0.65 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.02. Xilinx had a net margin of 25.93% and a return on equity of 25.17%. The firm had revenue of $620.00 million during the quarter, compared to analyst estimates of $620.99 million. During the same period last year, the business earned $0.61 earnings per share. The business’s revenue was up 7.1% on a year-over-year basis. analysts forecast that Xilinx will post 2.59 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 6th. Stockholders of record on Wednesday, November 15th were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $1.40 annualized dividend and a dividend yield of 2.06%. Xilinx’s payout ratio is 59.07%.
In other news, CFO Lorenzo Flores sold 2,828 shares of Xilinx stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $74.23, for a total transaction of $209,922.44. Following the completion of the transaction, the chief financial officer now directly owns 28,313 shares in the company, valued at $2,101,673.99. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Elizabeth W. Vanderslice sold 2,500 shares of Xilinx stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $72.20, for a total transaction of $180,500.00. The disclosure for this sale can be found here. Insiders have sold 213,127 shares of company stock valued at $15,135,685 over the last quarter. Company insiders own 0.40% of the company’s stock.
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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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