What Recent Market Trends Mean for Xylem Inc’s (XYL) Stock

The stock of Xylem Inc (XYL) has gone up by 4.87% for the week, with a 11.25% rise in the past month and a 16.53% rise in the past quarter. The volatility ratio for the week is 1.64%, and the volatility levels for the past 30 days are 1.93% for XYL. The simple moving average for the last 20 days is 8.26% for XYL’s stock, with a simple moving average of 28.80% for the last 200 days.

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 50.87x. The 36-month beta value for XYL is also noteworthy at 1.07. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 3 rating it as “overweight,” 6 rating it as “hold,” and 0 rating it as “sell.”

The public float for XYL is 240.84M, and at present, short sellers hold a 1.78% of that float. The average trading volume of XYL on May 10, 2024 was 1.11M shares.

XYL) stock’s latest price update

The stock of Xylem Inc (NYSE: XYL) has increased by 1.00 when compared to last closing price of 141.20.Despite this, the company has seen a gain of 4.87% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-02 that Xylem’s (XYL) first-quarter organic revenues increase 7% year over year, driven by the impressive performances of most segments.

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 10.18% 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 0.93% of gains for the given period.

Volatility was left at 1.93%, however, over the last 30 days, the volatility rate increased by 1.64%, as shares surge +10.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.52% upper at present.

During the last 5 trading sessions, XYL rose by +4.87%, which changed the moving average for the period of 200-days by +24.71% in comparison to the 20-day moving average, which settled at $132.42. In addition, Xylem Inc saw 24.70% 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 9.63, with 5.56 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 0.4. The debt to equity ratio resting at 0.23. The interest coverage ratio of the stock is 11.87.

Currently, EBITDA for the company is 1.17 billion with net debt to EBITDA at 1.27. When we switch over and look at the enterprise to sales, we see a ratio of 4.53. The receivables turnover for the company is 4.84for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.67.

Conclusion

In summary, Xylem Inc (XYL) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

Related Posts