Xilinx (NASDAQ:XLNX) updated its first quarter earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $0.66-0.82 for the period, compared to the Thomson Reuters consensus estimate of $0.71. The company issued revenue guidance of $660-690 million, compared to the consensus revenue estimate of $661.89 million.
Several research analysts have recently commented on XLNX shares. Barclays reaffirmed a hold rating and set a $70.00 target price on shares of Xilinx in a report on Friday, January 19th. BidaskClub raised shares of Xilinx from a sell rating to a hold rating in a report on Thursday, March 15th. KeyCorp reaffirmed an overweight rating and set a $87.00 target price (up from $78.00) on shares of Xilinx in a report on Tuesday, January 23rd. Bank of America raised their target price on shares of Xilinx from $61.00 to $70.00 and gave the stock an underperform rating in a report on Thursday, January 25th. Finally, SunTrust Banks raised their target price on shares of Xilinx to $79.00 and gave the stock an outperform rating in a report on Thursday, January 25th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have given a buy rating to the company. The stock has a consensus rating of Hold and an average price target of $73.05.
Xilinx opened at $71.47 on Friday, according to Marketbeat. The company has a current ratio of 4.42, a quick ratio of 4.17 and a debt-to-equity ratio of 0.52. The company has a market cap of $17.94 billion, a P/E ratio of 25.06, a PEG ratio of 2.56 and a beta of 1.11. Xilinx has a 1 year low of $70.24 and a 1 year high of $70.72.
Xilinx (NASDAQ:XLNX) last posted its quarterly earnings results on Wednesday, April 25th. The programmable devices maker reported $0.75 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.65 by $0.10. Xilinx had a net margin of 20.18% and a return on equity of 29.98%. The business had revenue of $673.00 million for the quarter, compared to analyst estimates of $650.29 million. During the same quarter last year, the business posted $0.57 EPS. The firm’s revenue for the quarter was up 10.5% on a year-over-year basis. equities analysts expect that Xilinx will post 2.95 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Monday, June 4th. Shareholders of record on Tuesday, May 15th will be given a $0.36 dividend. The ex-dividend date is Monday, May 14th. This represents a $1.44 dividend on an annualized basis and a yield of 2.01%. This is a positive change from Xilinx’s previous quarterly dividend of $0.35.
Xilinx, Inc designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs; software design tools to program the PLDs; software development environments and embedded platforms; targeted reference designs; printed circuit boards; and intellectual property (IP).
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