Xilinx Inc. [XLNX] Revenue clocked in at $2.97 billion, up 32.02% YTD: What’s Next?

Xilinx Inc. [NASDAQ: XLNX] traded at a low on 11/18/20, posting a -1.02 loss after which it closed the day’ session at $129.08. The company report on November 18, 2020 that Xilinx Collaborates With Texas Instruments to Develop Energy Efficient 5G Radio Solutions.

Xilinx, Inc. (NASDAQ: XLNX) today announced a collaboration with Texas Instruments (TI) to develop scalable and adaptable digital front-end (DFE) solutions to increase energy efficiency of lower antenna count radios. The solutions leverage Xilinx’s adaptable IP to enhance the RF performance and improve the power efficiency of indoor and outdoor radio applications. By combining Xilinx’s industry-leading Zynq UltraScale+ MPSoC family and adaptable RF IP with the AFE7769 quad-channel RF transceiver from TI, developers can better address the OPEX and CAPEX concerns of large operators and private networks.

The next generation of LTE and 5G small cells will need to address many new and evolving requirements. This is driving the need for new functionality in the radio due to the need to support wider bandwidths and new use cases including: enhanced Mobile Broadband, massive Machine Type Communication, and Ultra-Reliable Low-Latency Communication. Having a radio platform that can adapt and scale to support these new use cases is critical for developers.

The results of the trading session contributed to over 2304656 shares changing hands. Over the past one week, the price volatility of Xilinx Inc. stands at 2.76% while the volatility over the past one month is 3.65%.

The market cap for XLNX stock reached $31.64 billion, with 244.84 million shares outstanding and 244.60 million shares in the current float. Compared to the average trading volume of 3.57M shares, XLNX reached a trading volume of 2304656 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Xilinx Inc. [XLNX]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for XLNX shares is $122.47 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on XLNX stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Goldman have made an estimate for Xilinx Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 22, 2020. The new note on the price target was released on October 12, 2020, representing the official price target for Xilinx Inc. stock. Previously, the target price had yet another raise from $95 to $108, while Cowen kept a Market Perform rating on XLNX stock. On June 30, 2020, analysts increased their price target for XLNX shares from 90 to 95.

The Average True Range (ATR) for Xilinx Inc. is set at 4.55, with the Price to Sales ratio for XLNX stock in the period of the last 12 months amounting to 10.64. The Price to Book ratio for the last quarter was 12.88, with the Price to Cash per share for the same quarter was set at 12.63. Price to Free Cash Flow for XLNX in the course of the last twelve months was 45.53 with Quick ratio for the last quarter at 3.20.

How has XLNX stock performed recently?

Xilinx Inc. [XLNX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.59. With this latest performance, XLNX shares gained by 12.51% in over the last four-week period, additionally plugging by 47.96% over the last 6 months – not to mention a rise of 39.09% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for XLNX stock in for the last two-week period is set at 59.62, with the RSI for the last a single of trading hit 57.74, and the three-weeks RSI is set at 59.36 for Xilinx Inc. [XLNX]. The present Moving Average for the last 50 days of trading for this stock 113.70, while it was recorded at 129.22 for the last single week of trading, and 97.05 for the last 200 days.

Xilinx Inc. [XLNX]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Xilinx Inc. [XLNX] shares currently have an operating margin of +25.94 and a Gross Margin at +66.59. Xilinx Inc.’s Net Margin is presently recorded at +25.06.

Return on Total Capital for XLNX is now 21.26, given the latest momentum, and Return on Invested Capital for the company is 22.00. Return on Equity for this stock inclined to 30.63, with Return on Assets sitting at 16.10. When it comes to the capital structure of this company, Xilinx Inc. [XLNX] has a Total Debt to Total Equity ratio set at 56.43. Additionally, XLNX Total Debt to Total Capital is recorded at 36.07, with Total Debt to Total Assets ending up at 27.84. Long-Term Debt to Equity for the company is recorded at 34.39, with the Long-Term Debt to Total Capital now at 21.98.

Reflecting on the efficiency of the workforce at the company, Xilinx Inc. [XLNX] managed to generate an average of $162,077 per employee. Receivables Turnover for the company is 10.40 with a Total Asset Turnover recorded at a value of 0.64.Xilinx Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.20 and a Current Ratio set at 3.50.

Earnings analysis for Xilinx Inc. [XLNX]

With the latest financial reports released by the company, Xilinx Inc. posted 0.64/share EPS, while the average EPS was predicted by analysts to be reported at 0.59/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 8.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for XLNX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Xilinx Inc. go to 9.00%.

Insider trade positions for Xilinx Inc. [XLNX]

There are presently around $27,133 million, or 87.40% of XLNX stock, in the hands of institutional investors. The top three institutional holders of XLNX stocks are: VANGUARD GROUP INC with ownership of 28,620,924, which is approximately -1.709% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 21,558,185 shares of the stock with an approximate value of $2.78 billion in XLNX stocks shares; and ALLIANCEBERNSTEIN L.P., currently with $1.39 billion in XLNX stock with ownership of nearly 4.206% of the company’s market capitalization.

Positions in Xilinx Inc. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 381 institutional holders increased their position in Xilinx Inc. [NASDAQ:XLNX] by around 12,546,380 shares. Additionally, 347 investors decreased positions by around 13,348,561 shares, while 119 investors held positions by with 184,306,823 shares. The mentioned changes placed institutional holdings at 210,201,764 shares, according to the latest SEC report filing. XLNX stock had 97 new institutional investments in for a total of 1,707,468 shares, while 80 institutional investors sold positions of 1,605,061 shares during the same period.

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