Xylem Inc (NYSE: XYL) has reported earnings for its second fiscal quarter (ending June 30) of $0.80 versus $0.45 for the same period a year ago. E.P.S. were $3.16 for the latest four quarters through June 30 versus $1.89 for the same period a year ago.
Recent Price Action
On 7/30/24, Xylem Inc (NYSE: XYL) stock suffered a large decline of -5.7%, closing at $133.48. Moreover, trading volume in this decline was exceptionally high at 227% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -4.2% during the last week.
Current PriceTarget Research Rating
XYL’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Xylem has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Xylem has a neutral Appreciation Score of 55 but a very high Power Rating of 91, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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