Xilinx Company Profile (NASDAQ:XLNX)

Xilinx trades on the NASDAQ under the ticker symbol "XLNX."

Xilinx announced a quarterly dividend on Thursday, July 27th. Investors of record on Thursday, August 10th will be given a dividend of $0.35 per share on Wednesday, August 30th. This represents a $1.40 annualized dividend and a dividend yield of 2.01%. The ex-dividend date is Tuesday, August 8th. View Xilinx's Dividend History.

Xilinx, Inc. (NASDAQ:XLNX) released its quarterly earnings data on Wednesday, July, 26th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.03. The company earned $615.40 million during the quarter, compared to the consensus estimate of $615.69 million. Xilinx had a net margin of 26.22% and a return on equity of 24.70%. The firm's revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.61 EPS. View Xilinx's Earnings History.

Xilinx is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Xilinx.

Xilinx updated its second quarter earnings guidance on Wednesday, July, 26th. The company provided earnings per share guidance of ~$0.55-0.69 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.61. The company issued revenue guidance of $605-635 million, compared to the consensus revenue estimate of $617.05 million.

21 equities research analysts have issued 12-month price targets for Xilinx's stock. Their forecasts range from $45.00 to $77.00. On average, they expect Xilinx's share price to reach $63.89 in the next twelve months. View Analyst Ratings for Xilinx.

Here are some recent quotes from research analysts about Xilinx stock:

• 1. According to Zacks Investment Research, "Although Xilinx’s Q1 revenues missed our estimate but year over year improvement was impressive. Going ahead, we believe that rising demand for 28-nm, 20-nm and 16-nm nodes is positive for the company. Moreover, favorable product mix (higher Industrial, lower wireless) will help in gross margin expansion in the forthcoming quarters. We believe that Xilinx is well positioned to tap the opportunities arising from an increase in adoption of AI technologies, 5G connectivity, autonomous vehicles and IoTs, which will drive growth over the long-run. The company’s product launches should further aid revenues. However, growth from wireless is expected to remain volatile until 2020, which is a concern. Increasing operating expenses related to tape-outs will weigh on profitability in the near term. Moreover, management’s pessimistic view over business conditions in India and China, two of its fastest growing markets, poses strong headwinds." (8/1/2017)
• 2. Rosenblatt Securities analysts commented, "We expect to Xilinx to report June quarter sales and EPS of $615 million (up 0.9% q/q) and $0.60 respectively which are also consensus. Outlook we ex- pect for the September quarter we view as flat-to-down in terms of sales which is seasonal off of stable communications business and continued positive trends in the company’s Advanced Products which are gaining share in the broader FPGA market segments in our opinion." (7/26/2017)
• 3. Credit Suisse Group analysts commented, "We hosted several institutional investor meetings with PAYC CEO Chad Richison and CFO Craig Boelte, which reinforced our positive view on its business momentum and gave us increased confidence that the company will meet, or exceed, its 2017 financial targets." (5/24/2017)
• 4. Mizuho analysts commented, "We believe that XLNX is also buying back its converts through the SepQ, offsetting potential dilution, while having ~ $680M repurchase outstanding. Maintaining our Neutral and $64PT, ~26x F18E EPS." (4/27/2017)

Xilinx saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 26,615,664 shares, an increase of 4.0% from the August 15th total of 25,591,659 shares. Based on an average trading volume of 2,468,784 shares, the days-to-cover ratio is currently 10.8 days. Approximately 10.7% of the shares of the stock are sold short.

Some companies that are related to Xilinx include Analog Devices (ADI), Microchip Technology Incorporated (MCHP), STMicroelectronics N.V. (STM), Maxim Integrated Products (MXIM), Advanced Micro Devices (AMD), Freescale Semiconductor Ltd (FSL), Advanced Semiconductor Engineering (ASX), Marvell Technology Group (MRVL), Flextronics International (FLEX), ON Semiconductor Corporation (ON), Arrow Electronics (ARW), Coherent (COHR), United Microelectronics Corporation (UMC), Microsemi Corporation (MSCC), Jabil Circuit (JBL), Semiconductor Manufacturing International Corporation (SMI), Siliconware Precision Industries Company (SPIL) and Cypress Semiconductor Corporation (CY).

Xilinx's management team includes the folowing people:

• Dennis L. Segers, Independent Chairman of the Board
• Moshe N. Gavrielov, President, Chief Executive Officer, Director
• Lorenzo A. Flores, Chief Financial Officer, Senior Vice President
• Victor Peng, Chief Operating Officer
• Vincent L. Tong, Executive Vice President - Global Operations and Quality
• Scott R. Hover-Smoot, Senior Vice President, General Counsel, Secretary
• Steven L. Glaser, Senior Vice President - Corporate Strategy and Marketing
• Saar Gillai, Independent Director
• Ronald S. Jankov, Independent Director
• Thomas H. Lee, Independent Director

Xilinx's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.13%), BlackRock Inc. (7.34%), State Street Corp (4.14%), Capital Research Global Investors (4.14%), First Eagle Investment Management LLC (4.06%) and Alliancebernstein L.P. (3.75%). Company insiders that own Xilinx stock include Elizabeth W Vanderslice, John Michael Patterson, Jon A Olson, Krishna Rangasayee, Lorenzo Flores, Marshall C Turner, Moshe Gavrielov, Philip T Gianos, Scott Hover-Smoot, Steven L Glaser, Victor Peng, Vincent Tong and William G Howard Jr. View Institutional Ownership Trends for Xilinx.

Xilinx's stock was sold by a variety of institutional investors in the last quarter, including UBS Asset Management Americas Inc., Victory Capital Management Inc., Franklin Resources Inc., AXA, JPMorgan Chase & Co., First Eagle Investment Management LLC, Wells Fargo & Company MN and BlackRock Inc.. Company insiders that have sold Xilinx stock in the last year include John Michael Patterson, Krishna Rangasayee, Lorenzo Flores, Moshe Gavrielov, Scott Hover-Smoot, Steven L Glaser, Victor Peng and Vincent Tong. View Insider Buying and Selling for Xilinx.

Xilinx's stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Canada Pension Plan Investment Board, American Century Companies Inc., Renaissance Technologies LLC, Vanguard Group Inc., Pictet Asset Management Ltd., Korea Investment CORP and Bank of Montreal Can. View Insider Buying and Selling for Xilinx.

Shares of Xilinx can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Xilinx stock can currently be purchased for approximately $69.49.