Xylem (NYSE:XYL) Announces Earnings Results

Xylem (NYSE:XYL) announced its quarterly earnings data on Tuesday. The industrial products company reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.05, Zacks reports. Xylem had a net margin of 9.85% and a return on equity of 9.61%.

Xylem Trading Down 1.1 %

Shares of Xylem stock opened at $122.68 on Tuesday. Xylem has a 12-month low of $112.02 and a 12-month high of $146.08. The company has a quick ratio of 1.42, a current ratio of 1.96 and a debt-to-equity ratio of 0.19. The business’s 50 day moving average is $120.56 and its 200-day moving average is $127.62. The stock has a market cap of $29.81 billion, a P/E ratio of 35.87, a P/E/G ratio of 2.11 and a beta of 1.07.

Xylem Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, November 26th were given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.17%. The ex-dividend date was Tuesday, November 26th. Xylem’s dividend payout ratio (DPR) is 42.11%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Stifel Nicolaus lowered their price objective on Xylem from $166.00 to $150.00 and set a “buy” rating on the stock in a research note on Friday, January 24th. TD Cowen dropped their price objective on Xylem from $138.00 to $125.00 and set a “hold” rating for the company in a research note on Wednesday, November 6th. Citigroup reduced their target price on shares of Xylem from $148.00 to $147.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Robert W. Baird reduced their price objective on Xylem from $175.00 to $154.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. Finally, Wolfe Research restated a “peer perform” rating on shares of Xylem in a research report on Thursday, December 12th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $150.50.

Xylem Company Profile

Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.