|Bid||64.44 x 300|
|Ask||64.70 x 400|
|Day's Range||63.94 - 64.83|
|52 Week Range||43.50 - 67.75|
|PE Ratio (TTM)||27.78|
|Dividend & Yield||1.40 (2.07%)|
|1y Target Est||N/A|
Rating Action: Moody's assigns A3 rating to Xilinx's proposed debt issuance; outlook stable. Global Credit Research- 24 May 2017. New York, May 24, 2017-- Moody's Investors Service, assigned an A3 rating ...
Xilinx chips are in demand among cloud-service providers, but the outlook is still subdued.
Shares of programmable chip maker Xilinx (XLNX) are down $4.03, or almost 6%, at $63.49, after the company held its annual analyst day meeting with the Street yesterday, the sticking point being that the company talked about higher expenses without offering a concomitant opportunity for revenue. "We talked to numerous investors who expressed frustration after the meeting,” he writes, "that the company had promised to deliver 30% operating margins 'relatively soon', vs. commentary in the meeting that promised a return to that level in the March 2018 quarter - without any commitment to slow spending thereafter." This is what it takes to build a new business, he writes: We would argue that building a new business supporting significant opportunities in the cloud requires substantial spending from a sales and support perspective as well as from a product development (and in particular a software abstraction/simplification) perspective.