Xylem Inc (XYL) Shares Decline Despite Market Challenges

The stock price of Xylem Inc (NYSE: XYL) has plunged by -0.01 when compared to previous closing price of 134.39, but the company has seen a 0.58% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-10-01 that WASHINGTON–(BUSINESS WIRE)– #analytics–New York’s Great Neck Water Pollution Control District streamlines operations, maintenance and data with Xylem technology.

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

Xylem Inc (NYSE: XYL) has a higher price-to-earnings ratio of 42.59x compared to its average ratio, The 36-month beta value for XYL is at 1.04. Analysts have varying views on the stock, with 7 analysts rating it as a “buy,” 3 rating it as “overweight,” 6 as “hold,” and 0 as “sell.”

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The public float for XYL is 241.29M, and currently, shorts hold a 1.25% of that float. The average trading volume for XYL on October 03, 2024 was 1.18M shares.

XYL’s Market Performance

XYL’s stock has seen a 0.58% increase for the week, with a 2.81% rise in the past month and a 1.26% gain in the past quarter. The volatility ratio for the week is 1.56%, and the volatility levels for the past 30 days are at 1.78% for Xylem Inc The simple moving average for the past 20 days is 1.66% for XYL’s stock, with a 3.88% simple moving average for the past 200 days.

Analysts’ Opinion of XYL

Many brokerage firms have already submitted their reports for XYL stocks, with TD Cowen repeating the rating for XYL by listing it as a “Hold.” The predicted price for XYL in the upcoming period, according to TD Cowen is $138 based on the research report published on September 03, 2024 of the current year 2024.

UBS, on the other hand, stated in their research note that they expect to see XYL reach a price target of $165. The rating they have provided for XYL stocks is “Buy” according to the report published on August 13th, 2024.

Exane BNP Paribas gave a rating of “Outperform” to XYL, setting the target price at $150 in the report published on March 12th of the current year.

XYL Trading at 0.99% 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 unable to rebound, for now settling with -8.01% of loss for the given period.

Volatility was left at 1.78%, however, over the last 30 days, the volatility rate increased by 1.56%, as shares surge +4.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.51% lower at present.

During the last 5 trading sessions, XYL rose by +0.58%, which changed the moving average for the period of 200-days by +21.14% in comparison to the 20-day moving average, which settled at $132.45. In addition, Xylem Inc saw 17.51% 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 Harker Victoria D, who sale 2,760 shares at the price of $127.65 back on Sep 09 ’24. After this action, Harker Victoria D now owns 19,075 shares of Xylem Inc, valued at $352,314 using the latest closing price.

VICTORIA HARKER, the Officer of Xylem Inc, proposed sale 2,760 shares at $127.65 during a trade that took place back on Sep 09 ’24, which means that VICTORIA HARKER is holding shares at $352,314 based on the most recent closing price.

Stock Fundamentals for XYL

Current profitability levels for the company are sitting at:

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

The net margin for Xylem Inc stands at 0.09. The total capital return value is set at 0.06. Equity return is now at value 7.56, with 4.80 for asset returns.

Based on Xylem Inc (XYL), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 0.57. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is 14.67.

Currently, EBITDA for the company is 1.17 billion with net debt to EBITDA at 0.99. When we switch over and look at the enterprise to sales, we see a ratio of 4.04. The receivables turnover for the company is 5.01for trailing twelve months and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.85.

Conclusion

In conclusion, Xylem Inc (XYL) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.

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