Wall Street brokerages predict that Xylem Inc. (NYSE:XYL) will post $0.76 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have provided estimates for Xylem’s earnings, with the lowest EPS estimate coming in at $0.66 and the highest estimate coming in at $0.78. Xylem reported earnings of $0.66 per share in the same quarter last year, which would indicate a positive year over year growth rate of 15.2%. The company is expected to announce its next earnings results on Thursday, February 1st.

According to Zacks, analysts expect that Xylem will report full year earnings of $2.39 per share for the current financial year, with EPS estimates ranging from $2.29 to $2.41. For the next year, analysts expect that the company will report earnings of $2.78 per share, with EPS estimates ranging from $2.66 to $2.88. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for Xylem.

Xylem (NYSE:XYL) last announced its earnings results on Tuesday, October 31st. The industrial products company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.64 by $0.01. Xylem had a return on equity of 17.74% and a net margin of 6.85%. The business had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same period in the previous year, the business earned $0.54 EPS. Xylem’s revenue was up 33.2% compared to the same quarter last year.

Several research firms recently weighed in on XYL. Cowen restated an “outperform” rating and issued a $70.00 price objective (up previously from $60.00) on shares of Xylem in a research report on Wednesday, August 9th. Seaport Global Securities restated a “buy” rating on shares of Xylem in a research report on Wednesday, November 1st. Canaccord Genuity restated a “hold” rating and issued a $65.00 price objective on shares of Xylem in a research report on Wednesday, November 1st. Robert W. Baird restated a “hold” rating and issued a $67.00 price objective on shares of Xylem in a research report on Wednesday, October 4th. Finally, Oppenheimer restated a “buy” rating on shares of Xylem in a research report on Tuesday, October 31st. Six investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $65.17.

In other Xylem news, Director Steven R. Loranger sold 37,700 shares of the company’s stock in a transaction on Monday, November 6th. The shares were sold at an average price of $66.25, for a total transaction of $2,497,625.00. Following the completion of the sale, the director now owns 58,831 shares in the company, valued at approximately $3,897,553.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Colin R. Sabol sold 38,070 shares of the company’s stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $65.81, for a total transaction of $2,505,386.70. Following the sale, the insider now owns 61,979 shares of the company’s stock, valued at approximately $4,078,837.99. The disclosure for this sale can be found here. Insiders have sold a total of 83,270 shares of company stock valued at $5,501,312 in the last quarter. Corporate insiders own 0.75% of the company’s stock.

Several institutional investors have recently modified their holdings of the business. Vanguard Group Inc. raised its position in shares of Xylem by 2.4% during the 2nd quarter. Vanguard Group Inc. now owns 17,697,791 shares of the industrial products company’s stock valued at $980,989,000 after acquiring an additional 409,920 shares during the last quarter. State Street Corp raised its position in shares of Xylem by 11.5% during the 2nd quarter. State Street Corp now owns 8,360,506 shares of the industrial products company’s stock valued at $460,211,000 after acquiring an additional 861,484 shares during the last quarter. Pictet Asset Management Ltd. raised its position in shares of Xylem by 7.9% during the 2nd quarter. Pictet Asset Management Ltd. now owns 4,342,944 shares of the industrial products company’s stock valued at $226,441,000 after acquiring an additional 318,756 shares during the last quarter. FMR LLC increased its position in shares of Xylem by 7.7% in the 2nd quarter. FMR LLC now owns 3,239,067 shares of the industrial products company’s stock valued at $179,541,000 after buying an additional 232,139 shares in the last quarter. Finally, Impax Asset Management LTD increased its position in shares of Xylem by 0.6% in the 3rd quarter. Impax Asset Management LTD now owns 3,106,646 shares of the industrial products company’s stock valued at $194,569,000 after buying an additional 18,698 shares in the last quarter. Institutional investors own 85.66% of the company’s stock.

Xylem (NYSE XYL) opened at $69.01 on Friday. The company has a quick ratio of 1.26, a current ratio of 1.76 and a debt-to-equity ratio of 0.88. Xylem has a 1 year low of $46.67 and a 1 year high of $69.69. The firm has a market cap of $12,453.46, a P/E ratio of 30.28, a P/E/G ratio of 1.93 and a beta of 1.18.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 6th. Shareholders of record on Thursday, November 2nd will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.04%. The ex-dividend date of this dividend is Wednesday, November 1st. Xylem’s payout ratio is 41.86%.

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About Xylem

Xylem Inc is a water technology company. The Company designs, manufactures and services engineered solutions across a range of critical applications. It is an equipment and service provider for water and wastewater applications with a portfolio of products and services addressing the cycle of water, from collection, distribution and use to the return of water to the environment.

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Earnings History and Estimates for Xylem (NYSE:XYL)

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