Media headlines about Xylem (NYSE:XYL) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Xylem earned a news impact score of 0.13 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 46.4008915885539 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact 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 rankings:
- Xylem Inc. Common Stock New Whe (XYL) Investment Down in Latest Report from Baird Financial Group, Inc. – First News 24 (firstnewspaper24.com)
- $1.28 Billion in Sales Expected for Xylem Inc. (XYL) This Quarter (americanbankingnews.com)
- Head to Head Review: Gorman-Rupp Company (The) (GRC) & Xylem (XYL) (americanbankingnews.com)
- Xylem Inc. (XYL) Expected to Announce Earnings of $0.76 Per Share (americanbankingnews.com)
- Curtis J. Crawford Sells 7,500 Shares of Xylem Inc. (XYL) Stock (americanbankingnews.com)
XYL has been the subject of several research reports. Canaccord Genuity reiterated a “hold” rating and set a $50.00 price objective on shares of Xylem in a research note on Friday, July 28th. BidaskClub lowered Xylem from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Oppenheimer Holdings, Inc. reiterated a “buy” rating and set a $66.00 price objective (up from $60.00) on shares of Xylem in a research note on Tuesday, August 1st. Royal Bank Of Canada upped their price target on Xylem from $58.00 to $64.00 and gave the company an “outperform” rating in a research report on Wednesday, August 2nd. Finally, BMO Capital Markets upped their price target on Xylem from $60.00 to $65.00 and gave the company an “outperform” rating in a research report on Wednesday, August 2nd. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $65.17.
Shares of Xylem (NYSE:XYL) traded down $0.44 during trading on Thursday, reaching $65.90. The company had a trading volume of 493,700 shares, compared to its average volume of 1,237,165. The stock has a market capitalization of $11,914.66, a price-to-earnings ratio of 28.97, a price-to-earnings-growth ratio of 1.85 and a beta of 1.16. Xylem has a 52 week low of $46.67 and a 52 week high of $67.64. The company has a quick ratio of 1.26, a current ratio of 1.76 and a debt-to-equity ratio of 0.88.
Xylem (NYSE:XYL) last issued its quarterly earnings data on Tuesday, October 31st. The industrial products company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.01. The company 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 firm’s revenue for the quarter was up 33.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.54 earnings per share. equities research analysts predict that Xylem will post 2.39 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 6th. Investors of record on Thursday, November 2nd will be given a $0.18 dividend. The ex-dividend date of this dividend is Wednesday, November 1st. This represents a $0.72 annualized dividend and a yield of 1.09%. Xylem’s payout ratio is 41.86%.
In other Xylem news, Director Steven R. Loranger sold 37,700 shares of the company’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $66.25, for a total transaction of $2,497,625.00. Following the transaction, the director now directly owns 58,831 shares in the company, valued at $3,897,553.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Curtis J. Crawford sold 7,500 shares of the company’s stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of $66.44, for a total value of $498,300.00. Following the transaction, the director now owns 52,385 shares in the company, valued at $3,480,459.40. The disclosure for this sale can be found here. Insiders sold 83,270 shares of company stock valued at $5,501,312 over the last quarter. 0.75% of the stock is currently owned by company insiders.
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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.
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