Somewhat Positive News Coverage Somewhat Unlikely to Impact Xylem (XYL) Share Price

Media stories about Xylem (NYSE:XYL) have been trending somewhat positive on Wednesday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Xylem earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 47.6911089963052 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the news articles that may have effected Accern Sentiment’s rankings:

Xylem opened at $68.81 on Wednesday, according to MarketBeat Ratings. Xylem has a one year low of $53.28 and a one year high of $79.83. The stock has a market capitalization of $12.84 billion, a PE ratio of 28.67, a price-to-earnings-growth ratio of 1.37 and a beta of 1.10. 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 released its quarterly earnings results on Tuesday, May 1st. The industrial products company reported $0.51 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.51. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.19 billion. Xylem had a return on equity of 18.31% and a net margin of 7.29%. The firm’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.39 EPS. research analysts expect that Xylem will post 2.89 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 21st. Investors of record on Thursday, May 24th will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Wednesday, May 23rd. This represents a $0.84 dividend on an annualized basis and a yield of 1.22%. Xylem’s dividend payout ratio is presently 35.00%.

XYL has been the topic of a number of recent analyst reports. Cowen reiterated a “buy” rating and issued a $80.00 price objective on shares of Xylem in a report on Tuesday, March 6th. Zacks Investment Research downgraded Xylem from a “buy” rating to a “hold” rating in a report on Thursday, March 22nd. Stifel Nicolaus dropped their price objective on Xylem from $77.00 to $75.00 and set a “hold” rating on the stock in a report on Wednesday, May 2nd. Canaccord Genuity set a $78.00 price objective on Xylem and gave the company a “hold” rating in a report on Tuesday, April 24th. Finally, Oppenheimer reiterated a “buy” rating and issued a $82.00 price objective on shares of Xylem in a report on Tuesday, May 1st. Five investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Xylem has a consensus rating of “Buy” and an average target price of $80.20.

In related news, Director Curtis J. Crawford sold 7,500 shares of the firm’s stock in a transaction that occurred on Monday, May 14th. The stock was sold at an average price of $73.39, for a total transaction of $550,425.00. Following the transaction, the director now owns 41,744 shares in the company, valued at approximately $3,063,592.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.81% of the company’s stock.

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.

Insider Buying and Selling by Quarter for Xylem (NYSE:XYL)

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