Xylem (XYL) Scheduled to Post Quarterly Earnings on Thursday

Xylem (NYSE:XYL - Get Free Report) is scheduled to be releasing its earnings data before the market opens on Thursday, October 31st. Analysts expect Xylem to post earnings of $1.11 per share for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.

Xylem (NYSE:XYL - Get Free Report) last posted its quarterly earnings data on Tuesday, July 30th. The industrial products company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.04. Xylem had a return on equity of 9.48% and a net margin of 9.11%. The company had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.14 billion. During the same period in the previous year, the business earned $0.98 EPS. Xylem's revenue for the quarter was up 26.0% compared to the same quarter last year. On average, analysts expect Xylem to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Xylem Stock Performance

Shares of NYSE XYL traded down $0.93 during trading on Thursday, reaching $130.79. The stock had a trading volume of 477,695 shares, compared to its average volume of 1,181,334. Xylem has a one year low of $87.59 and a one year high of $146.08. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.33 and a current ratio of 1.85. The stock has a market cap of $31.77 billion, a PE ratio of 41.39, a P/E/G ratio of 2.31 and a beta of 1.04. The firm's 50 day moving average price is $133.77 and its two-hundred day moving average price is $135.21.

Xylem Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Stockholders of record on Thursday, August 29th were issued a $0.36 dividend. The ex-dividend date was Thursday, August 29th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.10%. Xylem's dividend payout ratio (DPR) is 45.57%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on XYL shares. TD Cowen restated a "hold" rating and set a $138.00 price objective on shares of Xylem in a research report on Tuesday, September 3rd. Stifel Nicolaus boosted their price objective on Xylem from $170.00 to $172.00 and gave the company a "buy" rating in a research report on Wednesday, July 31st. Robert W. Baird boosted their price objective on Xylem from $155.00 to $170.00 and gave the company an "outperform" rating in a research report on Wednesday, July 31st. UBS Group began coverage on Xylem in a research report on Tuesday, August 13th. They set a "buy" rating and a $165.00 price target for the company. Finally, Royal Bank of Canada boosted their price target on Xylem from $160.00 to $163.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 31st. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $149.67.

About Xylem

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.