Stifel Nicolaus Has Lowered Expectations for Xylem (NYSE:XYL) Stock Price

Xylem (NYSE:XYL) had its price objective decreased by stock analysts at Stifel Nicolaus from $166.00 to $150.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has a “buy” rating on the industrial products company’s stock. Stifel Nicolaus’ price objective points to a potential upside of 23.42% from the stock’s current price.

Several other equities analysts have also recently issued reports on the company. Wolfe Research reiterated a “peer perform” rating on shares of Xylem in a research report on Thursday, December 12th. Robert W. Baird cut their price objective on Xylem from $175.00 to $154.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Royal Bank of Canada reduced their target price on Xylem from $163.00 to $162.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Citigroup lowered their price target on shares of Xylem from $148.00 to $147.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Finally, TD Cowen reduced their price objective on shares of Xylem from $138.00 to $125.00 and set a “hold” rating for the company in a research note on Wednesday, November 6th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $150.50.

Xylem Trading Down 0.0 %

Shares of XYL stock opened at $121.53 on Friday. Xylem has a twelve month low of $111.72 and a twelve month high of $146.08. The company has a current ratio of 1.96, a quick ratio of 1.42 and a debt-to-equity ratio of 0.19. The business’s 50 day moving average is $120.88 and its two-hundred day moving average is $128.37. The company has a market capitalization of $29.53 billion, a P/E ratio of 35.54, a price-to-earnings-growth ratio of 2.05 and a beta of 1.06.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Thursday, October 31st. The industrial products company reported $1.11 EPS for the quarter, hitting analysts’ consensus estimates of $1.11. Xylem had a net margin of 9.85% and a return on equity of 9.61%. The company had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.17 billion. During the same quarter in the prior year, the firm earned $0.99 EPS. Xylem’s quarterly revenue was up .2% on a year-over-year basis. Equities analysts forecast that Xylem will post 4.23 EPS for the current year.

Institutional Investors Weigh In On Xylem

Large investors have recently bought and sold shares of the stock. Bangor Savings Bank lifted its position in shares of Xylem by 56.7% in the third quarter. Bangor Savings Bank now owns 235 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 85 shares in the last quarter. Heck Capital Advisors LLC acquired a new position in Xylem in the 4th quarter valued at about $36,000. Assetmark Inc. lifted its holdings in Xylem by 3,887.5% in the 3rd quarter. Assetmark Inc. now owns 319 shares of the industrial products company’s stock valued at $43,000 after purchasing an additional 311 shares in the last quarter. Versant Capital Management Inc boosted its stake in shares of Xylem by 318.2% during the 4th quarter. Versant Capital Management Inc now owns 368 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 280 shares during the last quarter. Finally, Catalyst Capital Advisors LLC grew its holdings in shares of Xylem by 226.0% during the third quarter. Catalyst Capital Advisors LLC now owns 339 shares of the industrial products company’s stock worth $46,000 after buying an additional 235 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

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.