Somewhat Favorable News Coverage Somewhat Unlikely to Affect Xilinx (XLNX) Share Price

Media stories about Xilinx (NASDAQ:XLNX) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Xilinx earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave headlines about the programmable devices maker an impact score of 46.6086581984522 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the headlines that may have impacted Accern Sentiment’s analysis:

Shares of Xilinx (NASDAQ XLNX) traded down $0.27 during trading on Monday, hitting $75.44. The stock had a trading volume of 2,097,907 shares, compared to its average volume of 2,020,000. The firm has a market cap of $18,930.00, a PE ratio of 31.83, a P/E/G ratio of 3.13 and a beta of 1.08. Xilinx has a fifty-two week low of $54.99 and a fifty-two week high of $77.26. The company has a current ratio of 9.86, a quick ratio of 9.35 and a debt-to-equity ratio of 0.70.

Xilinx (NASDAQ:XLNX) last issued its earnings results on Wednesday, October 25th. The programmable devices maker reported $0.65 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.02. The business had revenue of $620.00 million for the quarter, compared to analysts’ expectations of $620.99 million. Xilinx had a return on equity of 25.17% and a net margin of 25.93%. The business’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.61 EPS. research analysts forecast that Xilinx will post 2.59 earnings per share for the current fiscal year.

Several equities analysts recently weighed in on the company. Barclays restated a “hold” rating and issued a $70.00 price target on shares of Xilinx in a research note on Friday. BMO Capital Markets reiterated a “buy” rating and set a $80.00 price objective on shares of Xilinx in a research note on Wednesday, October 18th. SunTrust Banks reiterated a “hold” rating on shares of Xilinx in a research note on Wednesday, October 4th. Argus boosted their price objective on Xilinx to $85.00 and gave the stock a “buy” rating in a research note on Tuesday, January 9th. Finally, BidaskClub upgraded Xilinx from a “sell” rating to a “hold” rating in a research note on Saturday, January 6th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $71.70.

In other news, insider Victor Peng sold 25,000 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $72.00, for a total transaction of $1,800,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Moshe Gavrielov sold 1,400 shares of the business’s stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $73.38, for a total value of $102,732.00. Following the transaction, the chief executive officer now owns 111,413 shares in the company, valued at $8,175,485.94. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 51,728 shares of company stock worth $3,809,354. Insiders own 0.40% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Xilinx (NASDAQ:XLNX)

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