Xylem (XYL) Earns Media Sentiment Score of 0.09
Press coverage about Xylem (NYSE:XYL) has been trending somewhat positive on Friday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Xylem earned a news impact score of 0.09 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 46.3886506316726 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- $1.28 Billion in Sales Expected for Xylem Inc (XYL) This Quarter (americanbankingnews.com)
- Xylem Inc.: Xylem to release fourth-quarter and full-year 2017 financial results on February 1, 2018 – The Wall Street Transcript (twst.com)
- Global Submersible Pumps for Mining Sector Market 2018 Key Players: Xylem Inc. (US), Grundfos Group (Demark … – Industry Today (press release) (industrytoday.co.uk)
- Xylem (XYL) Displays Bright Prospects Amid Macro Headwinds – Nasdaq (nasdaq.com)
XYL has been the subject of several research analyst reports. Cowen reiterated a “buy” rating and issued a $70.00 price objective on shares of Xylem in a report on Thursday, September 21st. Robert W. Baird reiterated a “hold” rating and issued a $67.00 price objective on shares of Xylem in a report on Wednesday, October 4th. Royal Bank of Canada reiterated an “outperform” rating and issued a $71.00 price objective (up previously from $64.00) on shares of Xylem in a report on Wednesday, October 4th. Zacks Investment Research upgraded Xylem from a “hold” rating to a “buy” rating and set a $71.00 price objective for the company in a report on Thursday, October 5th. Finally, Canaccord Genuity reiterated a “hold” rating and issued a $56.00 price objective on shares of Xylem in a report on Friday, October 6th. Seven equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $65.92.
Shares of Xylem (XYL) traded up $0.49 during trading hours on Friday, hitting $70.46. The stock had a trading volume of 845,051 shares, compared to its average volume of 763,967. Xylem has a 12-month low of $46.67 and a 12-month high of $70.79. The company has a market cap of $12,650.00, a price-to-earnings ratio of 40.97, a P/E/G ratio of 1.65 and a beta of 1.18. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.76 and a quick ratio of 1.26.
Xylem (NYSE:XYL) last announced its earnings results on Tuesday, October 31st. The industrial products company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.01. Xylem had a return on equity of 17.74% and a net margin of 6.85%. The firm had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same quarter in the prior year, the company earned $0.54 EPS. The business’s revenue was up 33.2% compared to the same quarter last year. analysts forecast that Xylem will post 2.39 earnings per share for the current fiscal year.
In other news, Director Curtis J. Crawford sold 7,500 shares of the stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $66.44, for a total value of $498,300.00. Following the completion of the transaction, the director now owns 52,385 shares of the company’s stock, valued at approximately $3,480,459.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Colin R. Sabol sold 38,070 shares of the stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $65.81, for a total value of $2,505,386.70. Following the completion of the transaction, the insider now directly owns 61,979 shares of the company’s stock, valued at approximately $4,078,837.99. The disclosure for this sale can be found here. Insiders sold a total of 150,777 shares of company stock valued at $10,097,757 in the last three months. Corporate insiders own 0.75% of the company’s stock.
Xylem Company Profile
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.
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