Xylem Inc (NYSE:XYL) shares, rose in value on Friday, May 09, with the stock price down by -0.37% to the previous day’s close as strong demand from buyers drove the stock to $122.85.
Actively observing the price movement in the last trading, the stock closed the session at $123.31. The PE ratio was 33.05 over 12-month period. Referring to stock’s 52-week performance, its high was $146.08, and the low was $100.47. On the whole, XYL has fluctuated by 11.18% over the past month.
With the market capitalization of Xylem Inc currently standing at about $29.90 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.48, with its dividend yield at 1.20%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 8.75B, with a low estimate of 2.17B and a high estimate of 2.24B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.2B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that XYL’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.03, with the price of XYL currently trading nearly 5.77% and 3.59% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 61.02, while the 7-day volatility ratio is showing 1.71% which for the 30-day chart, stands at 2.47%. Furthermore, Xylem Inc (XYL)’s beta value is 1.13, and its average true range (ATR) is 3.14.
A comparison of Xylem Inc (XYL) with its peers suggests the former has fared considerably weaker in the market. XYL showed an intraday change of -0.37% in last session, and over the past year, it shrunk by -12.27%%.
Data on historical trading for Xylem Inc (NYSE:XYL) indicates that the trading volumes over the past 3 months, they’ve averaged 1.83 million. According to company’s latest data on outstanding shares, there are 243.40 million shares outstanding.
Nearly 0.64% of Xylem Inc’s shares belong to company insiders and institutional investors own 94.25% of the company’s shares. The stock has risen by 5.89% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the XYL stock heading into the next quarter.
