Should you short it before the Earnings result? : Xylem (NYSE:XYL)

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Earnings results for Xylem (NYSE:XYL)

Xylem Inc. is expected* to report earnings on 08/03/2021 before market open. The report will be for the fiscal Quarter ending Jun 2021. According to Zacks Investment Research, based on 7 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.63. The reported EPS for the same quarter last year was $0.4.

Xylem last issued its quarterly earnings data on May 4th, 2021. The industrial products company reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.19. The company earned $1.26 billion during the quarter, compared to the consensus estimate of $1.17 billion. Its revenue for the quarter was up 11.8% on a year-over-year basis. Xylem has generated $2.06 earnings per share over the last year ($1.67 diluted earnings per share) and currently has a price-to-earnings ratio of 75.4. Earnings for Xylem are expected to grow by 19.57% in the coming year, from $2.76 to $3.30 per share. Xylem has confirmed that its next quarterly earnings report will be published on Tuesday, August 3rd, 2021. Xylem will be holding an earnings conference call on Tuesday, August 3rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode “8774036”.

Analyst Opinion on Xylem (NYSE:XYL)

9 Wall Street analysts have issued ratings and price targets for Xylem in the last 12 months. Their average twelve-month price target is $106.44, predicting that the stock has a possible downside of 15.42%. The high price target for XYL is $140.00 and the low price target for XYL is $65.00. There are currently 2 sell ratings, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Xylem has received a consensus rating of Hold. The company’s average rating score is 2.11, and is based on 3 buy ratings, 4 hold ratings, and 2 sell ratings. According to analysts’ consensus price target of $106.44, Xylem has a forecasted downside of 15.4% from its current price of $125.85. Xylem has only been the subject of 4 research reports in the past 90 days.

Dividend Strength: Xylem (NYSE:XYL)

Xylem has a dividend yield of 0.89%, which is in the bottom 25% of all stocks that pay dividends. Xylem has only been increasing its dividend for 1 years. The dividend payout ratio of Xylem is 54.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Xylem will have a dividend payout ratio of 33.94% next year. This indicates that Xylem will be able to sustain or increase its dividend.

Insiders buying/selling: Xylem (NYSE:XYL)

In the past three months, Xylem insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,491,860.00 in company stock. Only 0.90% of the stock of Xylem is held by insiders. 83.20% of the stock of Xylem is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Xylem (NYSE:XYL

Earnings for Xylem are expected to grow by 19.57% in the coming year, from $2.76 to $3.30 per share. The P/E ratio of Xylem is 75.36, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.00. The P/E ratio of Xylem is 75.36, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 43.12. Xylem has a PEG Ratio of 3.80. PEG Ratios above 1 indicate that a company could be overvalued. Xylem has a P/B Ratio of 7.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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