Xylem Inc (XYL) Shares Soar Above 1-Year High

The stock price of Xylem Inc (NYSE: XYL) has surged by 0.99 when compared to previous closing price of 128.71, but the company has seen a 1.59% gain in its stock price over the last five trading sessions. InvestorPlace reported 2024-03-01 that While precious resource investments tend to coalesce around gold and silver, the real assets to focus on are water stocks. The aforementioned metals are critical to advanced industries, no doubt about it.

Is It Worth Investing in Xylem Inc (NYSE: XYL) Right Now?

The price-to-earnings ratio for Xylem Inc (NYSE: XYL) is above average at 47.79x, Company’s 36-month beta value is 1.10.Analysts have differing opinions on the stock, with 7 analysts rating it as a “buy,” 3 as “overweight,” 6 as “hold,” and 0 as “sell.”

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The public float for XYL is 240.93M, and currently, short sellers hold a 1.80% ratio of that floaft. The average trading volume of XYL on March 22, 2024 was 1.17M shares.

XYL’s Market Performance

The stock of Xylem Inc (XYL) has seen a 1.59% increase in the past week, with a 5.26% rise in the past month, and a 16.50% gain in the past quarter. The volatility ratio for the week is 1.18%, and the volatility levels for the past 30 days are at 1.22% for XYL. The simple moving average for the past 20 days is 2.37% for XYL’s stock, with a 21.00% simple moving average for the past 200 days.

Analysts’ Opinion of XYL

Many brokerage firms have already submitted their reports for XYL stocks, with Exane BNP Paribas repeating the rating for XYL by listing it as a “Outperform.” The predicted price for XYL in the upcoming period, according to Exane BNP Paribas is $150 based on the research report published on March 12, 2024 of the current year 2024.

Wolfe Research gave a rating of “Outperform” to XYL, setting the target price at $127 in the report published on December 13th of the previous year.

XYL Trading at 7.70% from the 50-Day Moving Average

After a stumble in the market that brought XYL to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.99% of gains for the given period.

Volatility was left at 1.22%, however, over the last 30 days, the volatility rate increased by 1.18%, as shares surge +3.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.95% upper at present.

During the last 5 trading sessions, XYL rose by +1.59%, which changed the moving average for the period of 200-days by +22.45% in comparison to the 20-day moving average, which settled at $127.23. In addition, Xylem Inc saw 13.67% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at XYL starting from Yarkadas Hayati, who sale 4,547 shares at the price of $127.53 back on Mar 05 ’24. After this action, Yarkadas Hayati now owns 9,353 shares of Xylem Inc, valued at $579,879 using the latest closing price.

Yarkadas Hayati, the SVP & President, EU, WI & GLS of Xylem Inc, sale 24,478 shares at $127.15 during a trade that took place back on Mar 01 ’24, which means that Yarkadas Hayati is holding 13,900 shares at $3,112,279 based on the most recent closing price.

Stock Fundamentals for XYL

Current profitability levels for the company are sitting at:

  • 0.09 for the present operating margin
  • 0.37 for the gross margin

The net margin for Xylem Inc stands at 0.08. The total capital return value is set at 0.05. Equity return is now at value 8.92, with 5.06 for asset returns.

Based on Xylem Inc (XYL), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at 0.35. The debt to equity ratio resting at 0.24. The interest coverage ratio of the stock is 11.34.

Currently, EBITDA for the company is 1.17 billion with net debt to EBITDA at 1.69. When we switch over and look at the enterprise to sales, we see a ratio of 4.49. The receivables turnover for the company is 4.55for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.76.

Conclusion

In a nutshell, Xylem Inc (XYL) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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