Xylem Inc. (NYSE:XYL) finished Wednesday with a subtraction of -$2.82 to close at $102.33, a downside of -2.68 percent. An average of 1,995,920 shares of common stock have been traded in the last five days. There was a fall of -$9.75 in the past week, and it reached a new high 19 times over the past 12 months. The last 20 days have seen an average of 1,409,160 shares traded, while the 50-day average volume stands at 1,653,312.
XYL stock has decreased by -9.17% in the last month. The company shares reached their 1-month lowest point of $101.33 on 08/09/23. With the stock rallying to its 52-week high on 01/13/23, shares of the company touched a low of $84.15 and a high of $118.58 in 52 weeks. It has reached a new high 5 times so far this year and lost -7.45% or -$8.24 in price. In spite of this, the price is down -13.70% from the 52-week high.
Insider Transactions
XYL stock investors should be aware that Xylem Inc. (XYL) stock had its last reported insider trading activity 38 days ago on Jul 03. In this transaction, the insider spent $11,122,887. President & CEO, Decker Patrick, disposed of 56,298 shares at a price of $98.19 on Mar 13. The insider now owns more than $5,527,837 worth of shares. Prior to that, SVP & President, EU, WI & GLS Yarkadas Hayati went on to Sale 15,942 shares at $100.43 each on Mar 02. An amount of $1,601,009 was transacted.
Valuation Metrics
Xylem Inc. (XYL) has a trailing price-to-earnings (P/E) ratio of 54.46. The stock’s beta is 1.09. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.15, the price-to-book (PB) ratio at 5.16, and the price-to-cash flow ratio at 146.96.
The company has a payout ratio of 60.90%. The company’s most recent quarterly dividend payment was $0.33 a share, without any change from last year. Its latest increase dividend $0.03 reported on Tuesday February 7 2023.
Financial Health
The quick ratio of Xylem Inc. for the recent quarter was 1.40, and the current ratio was 2.00, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.53 and a total debt to equity ratio of 0.00 for the recent quarter. Xylem Inc.’s EBITDA margin is 16.26%, while its operating margin for the same period stands at 8.00%. Its gross profit as reported stood at $622.0 million compared to revenue of $5.52 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Xylem Inc.’s return on assets was 4.40%.
Earnings Surprise
For the recent quarter, Xylem Inc. had $2.27 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $92.0 million in the quarter, while revenues were shrunk -21.74%. Shareholders own equity worth $240.83 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Xylem Inc. (XYL) price momentum. RSI 9-day as of the close on 09 August was 19.76%, suggesting the stock is oversold, with historical volatility in this time frame at 21.47%.
As of today, XYL’s price is $105.70 -8.70% or -$9.75 from its 5-day moving average. XYL is currently trading -8.32% lower than its 20-day SMA and +5.32% higher than its 100-day SMA. However, the stock’s current price level is +4.05% above the SMA50 and +12.40% above the SMA200.
The stochastic %K and %D were 8.14% and 6.71%, respectively, and the average true range (ATR) was 2.47. With the 14-day stochastic at 6.24% and the average true range at 2.29, the RSI (14) stands at 27.22%. The stock has reached -3.84 on the 9-day MACD Oscillator while the 14-day reading was at -5.67.
Analyst Ratings
Deutsche Bank launched coverage on Xylem Inc. (NYSE: XYL) in its analyst report released on June 29, 2023. The firm assigned the stock a Hold rating. The consensus rating for Xylem Inc. (XYL) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell XYL, while 8 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 5 others rate it as a “buy”.
What is XYL’s price target for the next 12 months?
Analysts predict a range of price targets between $86.00 and $135.00, with a median target of $125.00. Taking a look at these predictions, the average price target given by analysts for Xylem Inc. (XYL) stock is $120.64.
