Xylem Inc. (XYL) has been attracting mixed responses from the market. While
forecasts and
price targets for the stock show potential future growth, concerns about the company's
quality of earnings and high debt have also been raised. Reports reveal that an investment of $1000 in Xylem 10 years ago could have resulted in decent returns today. Despite some
shortfalls in its Q1 earnings and revenues versus estimates, the company's stock receives a 'Moderate Buy' rating from brokerages. Recent reports also indicate a boost in the company's water service portfolio following the
closure of the Evoqua deal.
Q1 earnings of 2024 beat expectations albeit, the growth rate lags behind the 9.8% CAGR delivered to shareholders. Moreover, the company's
EBITDA per share stands at $5.39 (TTM As of Mar. 2024). Notably, analysts have increased the
EPS estimates for Q2 2024. Nevertheless, there have been concerns about the company's financials despite the strong performances of its stock in the market.
Xylem XYL News Analytics from Sat, 12 Aug 2023 07:00:00 GMT to Sat, 11 May 2024 14:00:40 GMT -
Rating 2
- Innovation -6
- Information 4
- Rumor -3
