Xylem Inc. (NYSE:XYL) registered a -0.71% decrease, still its new closing price is 43.17% up from the company’s 1 year high of 54.99.It posted -2.58% losses in previous 5 sessions and is now the subject of 7 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 5 buy or better ratings. The 14 stock analysts following this company have an average price target at $53.62, with individual PT in the $50.00-$62.00 range. The shares moved at $48.80, implying that brokerage firms see shares gaining about 38.75% in twelve months time.
Xylem Inc. (XYL) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -1.45% fall year to date. A SVP, GC & Corporate Secretary at Xylem Inc. (XYL) offloaded shares in a transaction closed on Friday November 04, 2016. Toussaint Claudia S sold 5,300 shares in the company at $47.27 each and collected $250,001 in proceeds. Toussaint Claudia S now owns 44,033 shares in the company after this transaction. A Senior Vice President in the company, Sabol Colin R, disclosed a transaction on Thursday September 08, 2016 that ended up generating $1,398,001 from the sale of 27,473 shares at $50.91 per share.
Xylem Inc. (NYSE:XYL) Upcoming Results on Tap
Xylem Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.56 in that period. Sales during the quarter are predicted to arrive at $1.07 billion.
Earnings surprise history: Last quarter, the company posted approximately $897 million in revenue and EPS of $0.54. The mean forecast was for $912.21 million and $0.53 a share, respectively. One quarter earlier, revenue for the stock was at $932 million, with earnings at $0.48/share.
Xylem Inc. (XYL) Brokerage Update
Xylem Inc. (XYL) is in Gabelli & Co’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by Gabelli & Co, according to news reported on Wednesday February 01, 2017.Another important research note was issued by Wedbush on Monday April 11, 2016.The firm downgraded XYL to Neutral from Outperform. Over the last six months and over the last three months, the shares of Xylem Inc. (XYL), have changed 6.23% and 3.75%, respectively.