Xylem Inc. (NYSE:XYL) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Xylem Inc. (NYSE:XYL) have received a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $140.70.

XYL has been the topic of several recent analyst reports. Royal Bank of Canada boosted their target price on shares of Xylem from $157.00 to $162.00 and gave the company an “outperform” rating in a research note on Friday, May 3rd. Oppenheimer boosted their target price on shares of Xylem from $142.00 to $147.00 and gave the company an “outperform” rating in a research note on Friday, May 3rd. Stifel Nicolaus boosted their target price on shares of Xylem from $136.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Citigroup boosted their target price on shares of Xylem from $126.00 to $139.00 and gave the company a “neutral” rating in a research note on Monday, April 8th. Finally, Mizuho boosted their target price on shares of Xylem from $110.00 to $135.00 and gave the company a “neutral” rating in a research note on Friday, May 3rd.

Xylem Price Performance

NYSE XYL opened at $141.20 on Thursday. The stock has a market capitalization of $34.23 billion, a P/E ratio of 50.25, a P/E/G ratio of 2.59 and a beta of 1.08. Xylem has a 1 year low of $87.59 and a 1 year high of $141.30. The business’s fifty day moving average is $129.51 and its two-hundred day moving average is $116.38. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.22 and a current ratio of 1.67.

Xylem (NYSE:XYL) last posted its quarterly earnings results on Thursday, May 2nd. The industrial products company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.06. The company had revenue of $2.03 billion for the quarter, compared to analysts’ expectations of $2 billion. Xylem had a return on equity of 8.95% and a net margin of 8.34%. The firm’s revenue was up 40.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.72 earnings per share. On average, research analysts forecast that Xylem will post 4.24 earnings per share for the current fiscal year.

Insider Transactions at Xylem

In related news, CAO Geri-Michelle Mcshane sold 1,000 shares of the company’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $122.89, for a total value of $122,890.00. Following the completion of the sale, the chief accounting officer now directly owns 2,935 shares in the company, valued at $360,682.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.27% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Xylem

Large investors have recently bought and sold shares of the business. Bruce G. Allen Investments LLC bought a new stake in Xylem during the fourth quarter valued at about $27,000. NBC Securities Inc. acquired a new position in Xylem in the third quarter worth about $38,000. FinTrust Capital Advisors LLC raised its position in Xylem by 170.9% in the first quarter. FinTrust Capital Advisors LLC now owns 317 shares of the industrial products company’s stock worth $41,000 after purchasing an additional 200 shares in the last quarter. Hazlett Burt & Watson Inc. raised its position in Xylem by 184.9% in the first quarter. Hazlett Burt & Watson Inc. now owns 339 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 220 shares in the last quarter. Finally, Orion Capital Management LLC acquired a new position in Xylem in the third quarter worth about $48,000. 87.96% of the stock is currently owned by institutional investors.

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.