Xylem (XYL) Expected to Announce Quarterly Earnings on Tuesday

Xylem (NYSE:XYL) is expected to be releasing its earnings data before the market opens on Tuesday, February 4th. Analysts expect Xylem to post earnings of $1.13 per share and revenue of $2.18 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Thursday, October 31st. The industrial products company reported $1.11 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.11. The company had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.17 billion. Xylem had a return on equity of 9.61% and a net margin of 9.85%. The firm’s revenue was up .2% on a year-over-year basis. During the same period in the previous year, the company posted $0.99 EPS. On average, analysts expect Xylem to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Xylem Trading Up 1.8 %

Shares of NYSE:XYL opened at $124.04 on Monday. The stock has a 50 day moving average of $120.69 and a 200 day moving average of $127.73. The company has a market cap of $30.13 billion, a PE ratio of 36.27, a price-to-earnings-growth ratio of 2.06 and a beta of 1.06. The company has a current ratio of 1.96, a quick ratio of 1.42 and a debt-to-equity ratio of 0.19. Xylem has a 12-month low of $112.02 and a 12-month high of $146.08.

Xylem Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Tuesday, November 26th were paid a dividend of $0.36 per share. The ex-dividend date of this dividend was Tuesday, November 26th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.16%. Xylem’s dividend payout ratio (DPR) is presently 42.11%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on XYL. Citigroup cut their price objective on Xylem from $148.00 to $147.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Royal Bank of Canada lowered their price target on Xylem from $163.00 to $162.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. TD Cowen lowered their price target on Xylem from $138.00 to $125.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. Stifel Nicolaus lowered their price target on Xylem from $166.00 to $150.00 and set a “buy” rating on the stock in a report on Friday, January 24th. Finally, Wolfe Research reissued a “peer perform” rating on shares of Xylem in a report on Thursday, December 12th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock 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.