Xilinx, Inc.s in-depth stock price analysis indicates that the stock price has rallied 9.49% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 7.07% . Looking at the past 52 week period, the stock price is up at 21.74% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Xilinx, Inc. has a positive value of 27.28 compared to overall market. Xilinx, Inc. (NASDAQ:XLNX) has tumbled 0.36% during the past week and has dropped 0.85% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.16%. Xilinx, Inc. (NASDAQ:XLNX) has underperformed the index by 2.63% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Xilinx, Inc. (NASDAQ:XLNX) : On Friday heightened volatility was witnessed in Xilinx, Inc. (NASDAQ:XLNX) which led to swings in the share price. The stock opened for trading at $58.04 and hit $58.31 on the upside , eventually ending the session at $58.01, with a gain of 0.12% or 0.07 points. The heightened volatility saw the trading volume jump to 5,044,370 shares. The 52-week high of the share price is $62.2399 and the company has a market cap of $14,441 million. The 52-week low of the share price is at $41.53 .
Xilinx Last issued its quarterly earnings results on Jan 25, 2017. The company reported $0.52 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.49. The company had revenue of $586.00 million for the quarter, compared to analysts expectations of $579.63 million. The companys revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.49 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Downgraded by Barclays on Jan 18, 2017 to Underweight, Raises Price Target to $ 53 from a previous price target of $48 .Xilinx was Upgraded by Morgan Stanley to Overweight on Dec 15, 2016.
Company has reported several Insider transactions to the SEC, on Dec 16, 2016, Moshe Gavrielov (CEO) sold 50,000 shares at 59.73 per share price.On Nov 16, 2016, Victor Peng (Sr. Vice President) sold 12,235 shares at 54.00 per share price.On Nov 1, 2016, Lorenzo Flores (Chief Financial Officer) sold 25,750 shares at 50.90 per share price.
Xilinx, Inc. designs, develops and markets complete programmable logic solutions, including advanced integrated circuits, software design tools, predefined system functions delivered as cores of logic and field engineering support. Its programmable logic devices include field programmable gate arrays and complex programmable logic devices. These devices are standard products that its customers program to perform desired logic functions.