Xylem (NYSE:XYL) Posts Quarterly Earnings Results, Beats Expectations By $0.08 EPS

Xylem (NYSE:XYL - Get Free Report) released its quarterly earnings results on Tuesday. The industrial products company reported $1.03 earnings per share for the quarter, topping analysts' consensus estimates of $0.95 by $0.08, Zacks reports. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The firm had revenue of $2.07 billion during the quarter, compared to analysts' expectations of $2.04 billion. During the same quarter in the prior year, the business earned $0.90 EPS. Xylem's quarterly revenue was up 1.8% compared to the same quarter last year. Xylem updated its FY 2025 guidance to 4.500-4.70 EPS.

Xylem Stock Performance

Xylem stock traded up $3.55 during mid-day trading on Friday, reaching $124.30. The company's stock had a trading volume of 1,834,707 shares, compared to its average volume of 1,416,596. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.19. Xylem has a twelve month low of $100.47 and a twelve month high of $146.08. The business has a 50 day moving average price of $118.02 and a 200-day moving average price of $121.96. The firm has a market cap of $30.25 billion, a price-to-earnings ratio of 33.96, a PEG ratio of 2.33 and a beta of 1.08.

Xylem Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, February 18th were given a dividend of $0.40 per share. This is a positive change from Xylem's previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a dividend yield of 1.29%. The ex-dividend date was Tuesday, February 18th. Xylem's dividend payout ratio is currently 43.01%.

Analysts Set New Price Targets

Several research firms recently issued reports on XYL. Citigroup dropped their price target on shares of Xylem from $152.00 to $134.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Royal Bank of Canada boosted their price target on Xylem from $143.00 to $147.00 and gave the stock an "outperform" rating in a research note on Wednesday. Stifel Nicolaus increased their price target on Xylem from $140.00 to $141.00 and gave the company a "buy" rating in a report on Wednesday. Finally, Robert W. Baird dropped their price objective on Xylem from $149.00 to $146.00 and set an "outperform" rating on the stock in a report on Wednesday. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $145.56.

About Xylem

Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.