Investors may be interested in viewing the Gross Margin score on shares of Xylem Inc. (NYSE:XYL) have been assigned a consensus rating of "Buy" from the fifteen research firms that are now covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the previous year is $60.30.
Xylem Inc. (NYSE:XYL) moved -0.45% from the recent close and now pricing at $64.46. Royal Bank Of Canada upped their price target on shares of Xylem from $58.00 to $64.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 2nd. They issued an "outperform" rating and a $60.00 target price for the company. Stifel Nicolaus reissued a "hold" rating and issued a $52.00 target price on shares of Xylem in a research report on Thursday, July 6th. Finally, Zacks Investment Research raised shares of Xylem from a "hold" rating to a "buy" rating and set a $62.00 target price for the company in a research report on Tuesday, July 4th.
Xylem Inc. New (NYSE:XYL) is at an overbought level with a 14-day RSI of 80.14. The correct version of this article can be read at https://baseballnewssource.com/markets/xylems-xyl-buy-rating-reaffirmed-at-cowen-and-company/1667419.html. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States and global copyright and trademark law. (NYSE:XYL) shares have been seen trading 2.89% away from the 20-day moving average. Over the past week, shares are 1.26%.
Xylem Inc. New's P/E ratio is 41.61 and the market cap is 11.57B. Xylem has a 52-week low of $45.60 and a 52-week high of $64.80. The 50 day moving average was up by +5.72% and the 200 day average moved up $10.00.
Xylem (NYSE:XYL) last announced its quarterly earnings results on Thursday, February 2nd. The company reported $0.66 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.65 by $0.01. The Gross Margin Score of Xylem Inc. The business earned $1.10 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter past year, the firm posted $0.60 EPS.
Xylem Inc.'s shares may have great momentum, but how has it been performing relative to the market?
The company also recently declared a dividend that was paid on Wednesday September 20th, 2017. The days to cover increased to 8.0 and the percentage of shorted shares was 0.03% on August 31. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date is Tuesday, August 29th. Xylem's payout ratio is 46.45%.
In other Xylem news, insider Kenneth Napolitano sold 9,052 shares of the firm's stock in a transaction dated Wednesday, August 9th. The shares were purchased at an average price of $60.16. Following the sale, the insider now directly owns 35,303 shares in the company, valued at approximately $2,123,828.48. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Steven R. Loranger sold 66,132 shares of Xylem stock in a transaction on Thursday, June 29th. The shares were sold at an average price of $55.01, for a total value of $3,637,921.32. Following the completion of the sale, the director now directly owns 65,030 shares of the company's stock, valued at approximately $3,577,300.30. The disclosure for this sale can be found here. Institutional investors and hedge funds own 86.43% of the company's stock. CENTRAL TRUST Co boosted its stake in Xylem by 160.3% in the 2nd quarter. Harfst & Associates Inc. now owns 2,433 shares of the industrial products company's stock worth $134,000 after purchasing an additional 503 shares during the period. Bank of New York Mellon Corp now owns 1,674,381 shares of the industrial products company's stock worth $84,089,000 after buying an additional 87,066 shares in the last quarter. Strs Ohio lifted its holdings in Xylem by 4.4% during the first quarter. National Asset Management Inc. now owns 8,778 shares of the industrial products company's stock valued at $442,000 after purchasing an additional 48 shares in the last quarter. Finally, UBS Asset Management Americas Inc. grew its position in shares of Xylem by 9.4% during the first quarter. World Asset Management Inc now owns 19,222 shares of the industrial products company's stock worth $965,000 after buying an additional 2,489 shares in the last quarter. PA boosted its stake in Xylem by 5.8% in the 2nd quarter. Aviva PLC now owns 112,110 shares of the industrial products company's stock worth $6,214,000 after purchasing an additional 1,280 shares in the last quarter.