News stories about Xylem (NYSE:XYL) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Xylem earned a coverage optimism score of 0.08 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 47.0707109537574 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Xylem Inc. (XYL) Receives Average Recommendation of “Buy” from Analysts (americanbankingnews.com)
- Xylem Watermark & Project 24: Malinao, Philippines (justmeans.com)
- $1.27 Billion in Sales Expected for Xylem Inc. (XYL) This Quarter (americanbankingnews.com)
- Global Metal Heat Exchangers Market Competitive Insights 2018: DOOSAN, Xylem, KNM, API and Funke (theexpertconsulting.com)
- Global Beverage Pumps Market 2018 Evaluation- Fristam Pumps, Xylem, SPX FLOW, Graco and Alfa Laval (exclusivereportage.com)
XYL stock traded down $0.61 during midday trading on Friday, reaching $71.40. 732,800 shares of the company’s stock traded hands, compared to its average volume of 1,107,802. Xylem has a 52-week low of $51.29 and a 52-week high of $79.83. The stock has a market cap of $12.87 billion, a P/E ratio of 29.75, a P/E/G ratio of 1.37 and a beta of 1.12. The company has a current ratio of 1.42, a quick ratio of 1.02 and a debt-to-equity ratio of 0.87.
Xylem (NYSE:XYL) last announced its earnings results on Tuesday, May 1st. The industrial products company reported $0.51 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.51. Xylem had a net margin of 7.29% and a return on equity of 18.31%. The business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same period in the prior year, the company earned $0.39 earnings per share. The firm’s revenue was up 13.6% on a year-over-year basis. equities analysts forecast that Xylem will post 2.89 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 21st. Shareholders of record on Thursday, May 24th will be issued a dividend of $0.21 per share. The ex-dividend date is Wednesday, May 23rd. This represents a $0.84 dividend on an annualized basis and a yield of 1.18%. Xylem’s dividend payout ratio is currently 35.00%.
Several research analysts have recently issued reports on XYL shares. Canaccord Genuity set a $78.00 target price on shares of Xylem and gave the stock a “hold” rating in a research note on Tuesday, April 24th. Stifel Nicolaus dropped their target price on shares of Xylem from $77.00 to $75.00 and set a “hold” rating on the stock in a research note on Wednesday, May 2nd. BMO Capital Markets dropped their target price on shares of Xylem from $86.00 to $83.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 2nd. Boenning Scattergood reiterated a “buy” rating and issued a $90.00 target price on shares of Xylem in a research note on Tuesday, May 1st. Finally, Oppenheimer reissued a “buy” rating and set a $82.00 price objective on shares of Xylem in a report on Tuesday, May 1st. Five analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $80.20.
In other news, Director Curtis J. Crawford sold 7,500 shares of the stock in a transaction on Monday, May 14th. The shares were sold at an average price of $73.39, for a total value of $550,425.00. Following the completion of the sale, the director now directly owns 41,744 shares of the company’s stock, valued at $3,063,592.16. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Tomas Brannemo sold 1,151 shares of the stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $76.41, for a total transaction of $87,947.91. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 20,367 shares of company stock valued at $1,498,913. 0.81% of the stock is owned by corporate insiders.
Xylem Company Profile
Xylem Inc engages in the design, manufacture, and service of engineered solutions for the water and wastewater applications. It operates through three segments: Water Infrastructure, Applied Water, and Measurement and Control Solutions. The Water Infrastructure segment offers various products, including water and wastewater pumps, and controls and systems, as well as filtration, disinfection, and biological treatment equipment under the Flygt, Godwin, Wedeco, Sanitaire, and Leopold names for the transportation, treatment, and testing of water and wastewater applications.
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