Xylem (XYL) Receiving Somewhat Positive Media Coverage, Report Shows

Press coverage about Xylem (NYSE:XYL) has been trending somewhat positive on Monday, Accern Sentiment reports. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Xylem earned a news impact score of 0.19 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 45.9133264851694 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

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

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Shares of Xylem (NYSE XYL) traded up $2.19 during midday trading on Monday, hitting $77.88. 927,800 shares of the stock traded hands, compared to its average volume of 1,042,719. The company has a market capitalization of $13,616.10, a P/E ratio of 42.33, a PEG ratio of 1.46 and a beta of 1.12. Xylem has a 52-week low of $48.13 and a 52-week high of $79.83. The company has a current ratio of 1.88, a quick ratio of 1.41 and a debt-to-equity ratio of 0.87.

Xylem (NYSE:XYL) last issued its earnings results on Thursday, February 1st. The industrial products company reported $0.76 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.76. The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.27 billion. Xylem had a net margin of 7.03% and a return on equity of 17.95%. The business’s revenue was up 16.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.66 earnings per share. equities research analysts forecast that Xylem will post 2.92 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Stockholders of record on Thursday, February 15th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 1.08%. The ex-dividend date was Wednesday, February 14th. This is an increase from Xylem’s previous quarterly dividend of $0.18. Xylem’s dividend payout ratio is currently 45.65%.

A number of equities research analysts have weighed in on XYL shares. Zacks Investment Research upgraded shares of Xylem from a “hold” rating to a “buy” rating and set a $81.00 price objective on the stock in a report on Saturday, February 10th. Royal Bank of Canada restated a “buy” rating and issued a $80.00 price objective on shares of Xylem in a report on Thursday, January 4th. Boenning Scattergood restated a “buy” rating on shares of Xylem in a report on Friday, December 15th. BMO Capital Markets restated a “buy” rating and issued a $83.00 price objective on shares of Xylem in a report on Friday, January 26th. Finally, Seaport Global Securities restated a “buy” rating and issued a $83.00 price objective on shares of Xylem in a report on Friday, February 2nd. Five equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $73.00.

In other news, Director Curtis J. Crawford sold 7,948 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $71.77, for a total value of $570,427.96. Following the transaction, the director now owns 55,245 shares in the company, valued at $3,964,933.65. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Tomas Brannemo sold 11,716 shares of the company’s stock in a transaction that occurred on Monday, March 5th. The stock was sold at an average price of $73.45, for a total transaction of $860,540.20. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,105 shares of company stock worth $1,540,907. Insiders own 0.75% of the company’s stock.

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About Xylem

Xylem Inc is a water technology company. The Company designs, manufactures and services engineered solutions across a range of critical applications. It is an equipment and service provider for water and wastewater applications with a portfolio of products and services addressing the cycle of water, from collection, distribution and use to the return of water to the environment.

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

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