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

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News stories about Xilinx (NASDAQ:XLNX) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog 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 impact score of 0.19 on Accern’s scale. Accern also gave media coverage about the programmable devices maker an impact score of 45.858811285313 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news articles that may have effected Accern’s analysis:

A number of research firms recently issued reports on XLNX. BidaskClub upgraded shares of Xilinx from a “sell” rating to a “hold” rating in a research report on Wednesday, August 29th. Morgan Stanley boosted their target price on shares of Xilinx from $78.00 to $80.00 and gave the company an “overweight” rating in a research report on Thursday, July 26th. Rosenblatt Securities upgraded shares of Xilinx from a “neutral” rating to a “buy” rating and set a $86.00 target price on the stock in a research report on Thursday, July 26th. Robert W. Baird upgraded shares of Xilinx from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $71.00 to $90.00 in a research report on Tuesday, August 28th. Finally, ValuEngine upgraded shares of Xilinx from a “hold” rating to a “buy” rating in a research report on Thursday, July 26th. One analyst has rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $78.33.

XLNX opened at $78.04 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 4.11 and a current ratio of 4.38. Xilinx has a 1-year low of $62.27 and a 1-year high of $79.50. The firm has a market cap of $19.68 billion, a price-to-earnings ratio of 27.58, a price-to-earnings-growth ratio of 2.74 and a beta of 1.03.

Xilinx (NASDAQ:XLNX) last released its quarterly earnings data on Wednesday, July 25th. The programmable devices maker reported $0.74 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.73 by $0.01. Xilinx had a net margin of 20.52% and a return on equity of 31.63%. The firm had revenue of $684.00 million for the quarter, compared to the consensus estimate of $674.46 million. During the same quarter in the prior year, the company posted $0.63 earnings per share. The business’s revenue was up 13.4% on a year-over-year basis. equities research analysts anticipate that Xilinx will post 2.99 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 28th. Shareholders of record on Wednesday, August 8th were issued a dividend of $0.36 per share. The ex-dividend date was Tuesday, August 7th. This represents a $1.44 annualized dividend and a yield of 1.85%. Xilinx’s payout ratio is 50.88%.

In other Xilinx news, VP Catia Hagopian sold 1,000 shares of the company’s stock in a transaction on Thursday, August 23rd. The shares were sold at an average price of $73.37, for a total transaction of $73,370.00. Following the transaction, the vice president now owns 10,271 shares in the company, valued at $753,583.27. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Lorenzo Flores sold 7,500 shares of the company’s stock in a transaction on Tuesday, August 14th. The stock was sold at an average price of $71.33, for a total transaction of $534,975.00. Following the transaction, the chief financial officer now owns 34,381 shares in the company, valued at approximately $2,452,396.73. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 22,209 shares of company stock worth $1,560,102. Corporate insiders own 0.16% of the company’s stock.

About Xilinx

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; adaptive compute acceleration platform; software design tools to program the PLDs; software development environments and embedded platforms; targeted reference designs; printed circuit boards; and intellectual property (IP) core licenses covering Ethernet, memory controllers, Interlaken, and peripheral component interconnect express interfaces, as well as domain-specific IP in the areas of embedded, digital signal processing and connectivity, and market-specific IP cores.

Further Reading: Return on Investment (ROI)

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

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