At the last check on Monday, Xylem Inc.’s (NYSE:XYL) stock was down -$2.73, moving down -2.52 percent to $105.67. The average number of shares traded per day over the past five days has been 1,635,260 shares. 2 times new highs have been achieved over the past 5 days, with a -$6.95 fall in that time frame. In the last twenty days, the average volume was 1,283,570, while in the previous 50 days, it was 2,111,544.
Since last month, XYL stock retreated -3.53%. Shares of the company fell to $105.59 on 08/04/23, the lowest level in the past month. A 52-week high of $118.58 was reached on 01/13/23 after having rallying from a 52-week low of $84.15. Since the beginning of this year, XYL’s stock price has dropped by -4.43% or -$4.90, and marked a new high 5 times. However, the stock has declined by -10.89% since its 52-week high.
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XYL stock investors should be aware that Xylem Inc. (XYL) stock had its last reported insider trading activity 33 days ago on Jul 03. Decker Patrick, the President & CEO of the company, disposed of 99,649 shares for $111.62 on Jul 03. It resulted in a $11,122,887 divestment by the insider. Decker Patrick sold 56,298 shares at an average price of $98.19 on Mar 13. The insider now owns 287,564 shares following the transaction. On Mar 02, SVP & President, EU, WI & GLS Yarkadas Hayati sold 15,942 shares at $100.43 apiece. The transaction was valued at $1,601,009.
Valuation Metrics
Right now, Xylem Inc. (XYL) has a P/E ratio of about 51.45. The stock’s beta is 1.09. Besides these, the trailing price-to-sales (P/S) ratio of 4.45, the price-to-book (PB) ratio of 5.33, and the price-to-cash flow ratio of 111.23 may also be considered.
The latest dividend of $0.33 per share was paid out, remained unchanged from last year’s $0.33. On Tuesday February 7 2023, a $0.03 dividend increase was announced.
Financial Health
In the three months ended June 29, Xylem Inc.’s quick ratio stood at 1.40, while its current ratio was 2.00, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.53. On the profitability front, the trailing twelve-month gross margin is 38.00% percent. In the year ended June 29, EBITDA margin amounted to 16.26%, whereas operating margins totaled 8.80%. Based on annual data, XYL earned $622.0 million in gross profit and brought in $5.52 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 7.40%. Return on equity (ROE) for the past 12 months was 11.00%.
In Xylem Inc.’s quarter-end financial report for June 29, it reported total debt of $1.88 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. XYL’s revenue rose 12.15% to $1.51 billion during the quarter, while net income inched up to $1.45 billion. While analysts expected Xylem Inc. to report $0.8 quarterly earnings, the actual figure was $0.98 per share, beating the consensus estimate by 22.50%. During the quarter, the company generated $191.0 million in EBITDA. The liabilities of Xylem Inc. were 4.35 billion at the end of its most recent quarter ended June 29, and its total debt was $2.51 billion. The value of shareholders’ equity is $180.62 million.
Technical Picture
This quick technical analysis looks at Xylem Inc.’s (XYL) price momentum. With a historical volatility rate of 17.75%, the RSI 9-day stood at 20.53% on 04 August.
With respect to its five-day moving average, the current Xylem Inc. price is down by -6.17% percent or -$6.95. At present, XYL shares trade -3.56% below its 20-day simple moving average and +7.94% percent above its 100-day simple moving average. However, the stock is currently trading approximately +1.47% above its SMA50 and +16.70% above its SMA200.
Stochastic coefficient K was 13.45% and Stochastic coefficient D was 30.78%, while ATR was 2.35. Given the Stochastic reading of 0.68% for the 14-day period, the RSI (14) reading has been calculated as 30.69%. As of today, the MACD Oscillator reading stands at -2.90, while the 14-day reading stands at -3.30.
Analyst Ratings
Deutsche Bank launched its rating on Xylem Inc. (NYSE: XYL) to a Hold in a note to investors on June 29, 2023. Xylem Inc. (XYL) has been rated Overweight by analysts. According to 1 brokerage firm, XYL is a sell, and 8 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 3 analysts rate Xylem Inc. stock as buy, with 5 recommending it as overweight.
With a median target price of $125.00, the current consensus forecast for the stock is $86.00 – $135.00. Based on these forecasts, analysts predict Xylem Inc. (XYL) will achieve an average price target of $120.64.
