Xilinx, Inc. (NASDAQ:XLNX) has a beta value of 1.02 and has seen 1,450,972 shares traded in the recent trading session. The company, currently valued at $30.46 Billion, closed the recent trade at $123.68 per share which meant it lost -$4.28 on the day or -3.35% during that session. The XLNX stock price is -25.27% off its 52-week high price of $154.93 and 34.95% above the 52-week low of $80.45. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.4 Million shares traded. The 3-month trading volume is 2.49 Million shares.
The consensus among analysts is that Xilinx, Inc. (XLNX) is a Hold stock at the moment, with a recommendation rating of 2.8. None of the analysts rate the stock as a Sell, while 1 rate it as Overweight. 17 out of 19 have rated it as a Hold, with 1 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.71.
Xilinx, Inc. (NASDAQ:XLNX) trade information
Despite being -3.35% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Wednesday, Apr 28 when the XLNX stock price touched $139.85 or saw a rise of 11.38%. Year-to-date, Xilinx, Inc. shares have moved -12.58%, while the 5-day performance has seen it change -7.48%. Over the past 30 days, the shares of Xilinx, Inc. (NASDAQ:XLNX) have changed -4.55%. Short interest in the company has seen 10.14 Million shares shorted with days to cover at 4.07.
Wall Street analysts have a consensus price target for the stock at $141.79, which means that the shares’ value could jump 14.64% from the levels at last check today. The projected low price target is $110 while the price target rests at a high of $158. In that case, then, we find that the latest price level in today’s session is +27.75% off the targeted high while a plunge would see the stock lose -11.06% from the levels at last check today.
Xilinx, Inc. (XLNX) estimates and forecasts
Figures show that Xilinx, Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained +6.85% over the past 6 months, with this year growth rate of -10.45%, compared to -10.4% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are -5.3% and 100% for the next quarter. Revenue growth from the last financial year stood is estimated to be -1.6%.
17 analysts offering their estimates for the company have set an average revenue estimate of $817.81 Million for the current quarter. 17 have an estimated revenue figure of $840.72 Million for the next quarter concluding in June 01, 2021. Year-ago sales stood $756.17 Million and $726.67 Million respectively for this quarter and the next, and analysts expect sales will grow by 8.2% for the current quarter and 15.7% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +5.8% over the past 5 years. Earnings growth for 2021 is a modest -8.9% while over the next 5 years, the company’s earnings are expected to increase by 9%.
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Xilinx, Inc. (NASDAQ:XLNX)’s Major holders
Insiders own 0.19% of the company shares, while shares held by institutions stand at 82.91% with a share float percentage of 83.07%. Investors are also buoyed by the number of investors in a company, with Xilinx, Inc. having a total of 1175 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 28.3 Million shares worth more than $4.01 Billion. As of December 30, 2020, Vanguard Group, Inc. (The) held 11.52% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 21.17 Million shares as of December 30, 2020. The firm’s total holdings are worth over $3Billion and represent 8.61% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Mid-Cap Index Fund. As of December 30, 2020, the former fund manager holds about 2.81% shares in the company for having 6912208 shares of worth $979.94 Million while later fund manager owns 5.54 Million shares of worth $785.28 Million as of December 30, 2020, which makes it owner of about 2.25% of company’s outstanding stock.