Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Xylem (XYL) Stock Price

News coverage about Xylem (NYSE:XYL) has trended somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Xylem earned a coverage optimism score of 0.07 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 47.4047443617229 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the headlines that may have effected Accern Sentiment’s analysis:

Xylem traded up $0.02, hitting $71.47, on Thursday, according to MarketBeat. The stock had a trading volume of 1,026,100 shares, compared to its average volume of 1,105,407. Xylem has a 52-week low of $71.23 and a 52-week high of $72.34. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.42 and a quick ratio of 1.02. The stock has a market capitalization of $12.97 billion, a PE ratio of 29.78, a P/E/G ratio of 1.38 and a beta of 1.12.

Xylem (NYSE:XYL) last posted its earnings results on Tuesday, May 1st. The industrial products company reported $0.51 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.51. Xylem had a net margin of 7.29% and a return on equity of 18.31%. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.19 billion. During the same period in the prior year, the company posted $0.39 EPS. The business’s revenue for the quarter was up 13.6% compared to the same quarter last year. research analysts anticipate that Xylem will post 2.89 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 21st. Shareholders of record on Thursday, May 24th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 1.18%. The ex-dividend date of this dividend is Wednesday, May 23rd. Xylem’s dividend payout ratio is presently 35.00%.

A number of brokerages recently commented on XYL. Zacks Investment Research upgraded shares of Xylem from a “hold” rating to a “buy” rating and set a $88.00 price target on the stock in a research note on Tuesday, March 20th. ValuEngine upgraded shares of Xylem from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. Boenning Scattergood restated a “buy” rating and set a $90.00 price target on shares of Xylem in a research note on Tuesday, May 1st. BMO Capital Markets lowered their target price on shares of Xylem from $86.00 to $83.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 2nd. Finally, Oppenheimer reiterated a “buy” rating and issued a $82.00 target price on shares of Xylem in a research note on Tuesday, May 1st. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $80.20.

In other news, Director Curtis J. Crawford sold 7,500 shares of the stock in a transaction on Monday, May 14th. The shares were sold at an average price of $73.39, for a total value of $550,425.00. Following the transaction, the director now owns 41,744 shares of the company’s stock, valued at approximately $3,063,592.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Tomas Brannemo sold 1,151 shares of the stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $76.41, for a total transaction of $87,947.91. The disclosure for this sale can be found here. Insiders sold a total of 20,657 shares of company stock worth $1,520,904 in the last three months. Insiders own 0.81% of the company’s stock.

Xylem Company Profile

Xylem Inc engages in the design, manufacture, and service of engineered solutions for the water and wastewater applications. It operates through three segments: Water Infrastructure, Applied Water, and Measurement and Control Solutions. The Water Infrastructure segment offers various products, including water and wastewater pumps, and controls and systems, as well as filtration, disinfection, and biological treatment equipment under the Flygt, Godwin, Wedeco, Sanitaire, and Leopold names for the transportation, treatment, and testing of water and wastewater applications.

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

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