For its first fiscal quarter (ending March 31), Xylem Inc (NYSE: XYL) has reported a 15% increase in E.P.S. from $0.55 a year ago to $0.63 in the current quarter. However, this result fell short of the consensus estimate of $0.94 by $-0.31. For the latest four quarters through March 31, E.P.S. were $2.81 versus $2.07 for the same period a year ago — an increase of 36%.
Recent Price Action
On 5/2/24, Xylem Inc (NYSE: XYL) stock enjoyed a large increase of 3.8%, closing at $135.99. Moreover, trading volume in this advance was exceptionally high at 256% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 4.1% 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Xylem has a neutral Appreciation Score of 54 but a very high Power Rating of 94, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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