Xylem Inc. (XYL) has demonstrated business strength with its solid earnings. However, the company has seen significant share-selling by major entities, like Bank of Montreal, Dai-ichi Life Insurance and others. Key financial metrics show a 3-Year FCF (Free Cash Flow) Growth Rate of -9.80% as of Sep 2024. Still, Xylem continues to declare dividends every quarter, at a rate of 36 cents per share. The company's digital solution implementation resulted in Hot Springs reducing water loss by 50%. The company's Q3 2024 Earnings met estimates but showed decreased revenue, causing some analysts to downgrade the stock. However, amidst the headwinds, Xylem projects $8.5B revenue for 2024 due to strong earnings and strategic leadership. Multiple new investments in the company were noted, such as by FORA Capital LLC. Xylem stock receives a consensus rating of 'Moderate Buy'. Despite recent sell-offs by entities like Intech Investment Management LLC, investment sentiments remain positive with the likes of BNP Paribas Financial Markets and Cerity Partners LLC acquiring more shares. The appointment of Meredith Emmerich as the lead for the Applied Water Segment holds promise for strategic positions in water technology.
Xylem XYL News Analytics from Fri, 03 May 2024 07:00:00 GMT to Thu, 28 Nov 2024 13:55:13 GMT -
Rating -2
- Innovation 5
- Information 8
- Rumor 2
