Xilinx (NASDAQ:XLNX) Target Raised by Cowen Inc to $95.00

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Xilinx stock has undergone multiple analysts rating changes in the recent past.  Xilinx stock Target Raised by   Cowen Inc on 6/30/2020. In a note to investors, the firm issued a new target price of $95.00. The analysts previously had $90.00 target price. Cowen Inc’s price target would indicate a potential upside of 3.31% from the stock’s previous close.

Shares of Xilinx traded up $5.57 on Tuesday, reaching $97.53. 5030669 shares of the stock traded hands, compared to its average volume of 2606173. Shares of were trading at $97.53 on Tuesday. The firm’s 50 day moving average is $$89.91 and its 200 day moving average is $90.48.Xilinx  has a 12 month low of $94.21 and a 12 month high of $133.00. While on yearly highs and lows, Xilinx today has traded high as $99.40 and has touched $94.21 on the downward trend.

Xilinx Earnings and What to expect: 

Xilinx last released its quarterly earnings data on April 22nd, 2020. The programmable devices maker reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.09. The firm earned $756 million during the quarter, compared to the consensus estimate of $751.53 million. Its revenue was down 8.7% compared to the same quarter last year. Xilinx has generated $3.35 earnings per share over the last year and currently has a price-to-earnings ratio of 31.6. Xilinx has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, July 22nd, 2020 based off prior year’s report dates.

Earnings for Xilinx are expected to grow by 25.83% in the coming year, from $2.71 to $3.41 per share. The P/E ratio of Xilinx is 31.59, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.26. The P/E ratio of Xilinx is 31.59, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 41.80. Xilinx has a PEG Ratio of 3.73. PEG Ratios above 1 indicate that a company could be overvalued. Xilinx has a P/B Ratio of 10.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 0.20%
  • On 5/27/2020 VP Catia Hagopian Sell 1,200 at average share price of $90.41 which equates to $108,492.00 in money value.
  • On 4/15/2020 SVP Mark Wadlington Sell 2,236 at average price of  $84.57 with total value of : Not Data Available
  • On 12/18/2019 SVP Vamsi Boppana Sell 151 at average price of  $96.26 with total value of : $14,535.26
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Xilinx

  • 6/30/2020 – Xilinx had its price target raised by analysts at JPMorgan Chase & Co. from $85.00 to $88.00. They now have an “underweight” rating on the stock.
  • 6/30/2020 – Xilinx had its “hold” rating re-affirmed by analysts at Needham & Company LLC.
  • 6/29/2020 – Xilinx had its price target raised by analysts at Rosenblatt Securities from $105.00 to $120.00. They now have a “buy” rating on the stock.
  • 6/26/2020 – Xilinx was downgraded by analysts at Evercore ISI from an “outperform” rating to an “inline” rating. They now have a $100.00 price target on the stock.
  • See More Analyst Rating at: RATING

Other rating updates by Cowen Inc: 

  • 6/30/2020 – HP is now covered by analysts at Cowen Inc. They set a “market perform” rating and a $18.00 price target on the stock.
  • 6/30/2020 – Dell is now covered by analysts at Cowen Inc. They set a “market perform” rating and a $60.00 price target on the stock.
  • 6/30/2020 – HollyFrontier was downgraded by analysts at Cowen Inc from a “market perform” rating to an “underperform” rating. They now have a $22.00 price target on the stock.
  • 6/30/2020 – Hologic was upgraded by analysts at Cowen Inc from a “market perform” rating to an “outperform” rating. They now have a $64.00 price target on the stock.
  • See More Analyst Rating at: RATING

Xilinx (NASDAQ:XLNX) Moving Average Technical Analysis

5 day Moving Average is $$93.58 And 5 day price change is $3.47 (3.64%)  with average volume for 5 day average is 2,581,840. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $93.98 and 20 day price change is $5.62 (6.04%) and average 20 day moving volume is 2,649,235. 50 day moving average is $89.91  and 50 day price change is $9.64 ( 10.82%)  and with average volume for 50 days is : 2,830,378. 200 day moving average is $90.48  and 200 day price change is -$6.52 (-6.20%)  and with average volume for 200 days is : 3,343,235.

See More Analyst Rating at: RATING