Xylem’s (XYL) Buy Rating Reaffirmed at UBS Group

Xylem (NYSE:XYL)‘s stock had its “buy” rating restated by UBS Group in a report released on Tuesday, MarketBeat.com reports. They currently have a $168.00 price target on the industrial products company’s stock, up from their previous price target of $164.00. UBS Group’s price target would suggest a potential upside of 17.01% from the stock’s previous close.

A number of other research firms have also recently commented on XYL. Raymond James Financial raised Xylem to a “hold” rating in a report on Thursday, May 15th. Robert W. Baird reduced their target price on shares of Xylem from $149.00 to $146.00 and set an “outperform” rating on the stock in a report on Wednesday, April 30th. Citigroup restated a “buy” rating and set a $152.00 price objective (up from $137.00) on shares of Xylem in a research report on Monday, July 14th. Stifel Nicolaus boosted their price objective on shares of Xylem from $162.00 to $175.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Finally, Royal Bank Of Canada boosted their target price on Xylem from $143.00 to $147.00 and gave the company an “outperform” rating in a research report on Wednesday, April 30th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $151.57.

Xylem Stock Down 0.0%

XYL stock traded down $0.05 during midday trading on Tuesday, hitting $143.58. The stock had a trading volume of 185,102 shares, compared to its average volume of 1,493,767. Xylem has a 52-week low of $100.47 and a 52-week high of $145.33. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.90 and a quick ratio of 1.43. The firm has a market cap of $34.95 billion, a price-to-earnings ratio of 37.29, a price-to-earnings-growth ratio of 2.49 and a beta of 1.11. The business has a 50-day moving average of $130.54 and a two-hundred day moving average of $124.81.

Xylem (NYSE:XYL) last posted its earnings results on Thursday, July 31st. The industrial products company reported $1.26 EPS for the quarter, topping analysts’ consensus estimates of $1.15 by $0.11. Xylem had a net margin of 10.74% and a return on equity of 10.33%. The business had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.20 billion. During the same quarter in the previous year, the firm posted $1.09 EPS. The firm’s revenue was up 6.1% on a year-over-year basis. As a group, equities research analysts forecast that Xylem will post 4.65 earnings per share for the current fiscal year.

Institutional Trading of Xylem

A number of large investors have recently modified their holdings of the company. Valley National Advisers Inc. raised its holdings in Xylem by 84.9% during the 1st quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company’s stock worth $26,000 after buying an additional 101 shares during the period. Perkins Coie Trust Co bought a new stake in Xylem in the first quarter worth approximately $27,000. Maseco LLP bought a new stake in shares of Xylem during the 2nd quarter worth about $31,000. ST Germain D J Co. Inc. raised its holdings in Xylem by 950.0% in the 2nd quarter. ST Germain D J Co. Inc. now owns 252 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 228 shares during the period. Finally, Center for Financial Planning Inc. raised its stake in shares of Xylem by 52.0% in the 1st quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company’s stock valued at $32,000 after buying an additional 91 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Company Profile

Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.