Xylem (XYL) Earning Somewhat Positive Media Coverage, Study Finds
News articles about Xylem (NYSE:XYL) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Xylem earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 46.8789638106696 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Xylem (NYSE XYL) traded up $0.34 during trading on Friday, reaching $67.69. The company’s stock had a trading volume of 195,883 shares, compared to its average volume of 650,823. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.76 and a quick ratio of 1.26. The stock has a market capitalization of $12,096.06, a price-to-earnings ratio of 29.41, a P/E/G ratio of 1.88 and a beta of 1.16. Xylem has a fifty-two week low of $46.67 and a fifty-two week high of $67.99.
Xylem (NYSE:XYL) last announced its quarterly earnings data on Tuesday, October 31st. The industrial products company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.64 by $0.01. The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.18 billion. Xylem had a return on equity of 17.74% and a net margin of 6.85%. The company’s revenue for the quarter was up 33.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.54 earnings per share. equities analysts expect that Xylem will post 2.39 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 6th. Shareholders of record on Thursday, November 2nd will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend is Wednesday, November 1st. Xylem’s dividend payout ratio is currently 41.86%.
A number of analysts recently commented on the company. Seaport Global Securities reaffirmed a “buy” rating on shares of Xylem in a research note on Wednesday, November 1st. Canaccord Genuity reaffirmed a “hold” rating and issued a $65.00 price target on shares of Xylem in a research note on Wednesday, November 1st. Oppenheimer Holdings, Inc. raised their price target on Xylem from $66.00 to $75.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 1st. BMO Capital Markets raised their price target on Xylem from $74.00 to $76.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 1st. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $63.00 price target on shares of Xylem in a research note on Friday, October 13th. Six equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $65.17.
In other news, insider Colin R. Sabol sold 38,070 shares of Xylem stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $65.81, for a total value of $2,505,386.70. Following the completion of the transaction, the insider now owns 61,979 shares of the company’s stock, valued at approximately $4,078,837.99. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Steven R. Loranger sold 37,700 shares of Xylem stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $66.25, for a total value of $2,497,625.00. Following the completion of the transaction, the director now directly owns 58,831 shares of the company’s stock, valued at approximately $3,897,553.75. The disclosure for this sale can be found here. Insiders have sold 83,270 shares of company stock valued at $5,501,312 in the last three months. Insiders own 0.75% of the company’s stock.
Xylem Company Profile
Xylem Inc is a water technology company. The Company designs, manufactures and services engineered solutions across a range of critical applications. It is an equipment and service provider for water and wastewater applications with a portfolio of products and services addressing the cycle of water, from collection, distribution and use to the return of water to the environment.
Receive News & Ratings for Xylem Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xylem Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.