Xylem Inc (XYL) stock forecast: Can it reach its 52-week high of $130.86

A share price of Xylem Inc [XYL] is currently trading at $127.29, down -0.64%. An important factor to consider is whether the stock is rising or falling in short-term value. The XYL shares have lost -0.36% over the last week, with a monthly amount drifted -0.52%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Xylem Inc [NYSE: XYL] stock has seen the most recent analyst activity on March 12, 2024, when Exane BNP Paribas initiated its Outperform rating and assigned the stock a price target of $150. Previously, Raymond James upgraded its rating to Mkt Perform on January 04, 2024. On December 13, 2023, Wolfe Research initiated with a Outperform rating and assigned a price target of $127 on the stock. Deutsche Bank upgraded its rating to a Buy and increased its price target to $120 on November 21, 2023. Oppenheimer upgraded its rating to a Outperform but $118 remained the price target by the analyst firm on October 19, 2023. Melius upgraded its rating to Overweight for this stock on October 02, 2023, but kept the price target unchanged to $122. In a note dated August 29, 2023, Seaport Research Partners initiated an Neutral rating.

Xylem Inc experienced fluctuations in its stock price throughout the past year between $87.59 and $130.86. Currently, Wall Street analysts expect the stock to reach $132 within the next 12 months. Xylem Inc [NYSE: XYL] shares were valued at $127.29 at the most recent close of the market. An investor can expect a potential return of 3.7% based on the average XYL price forecast.

Analyzing the XYL fundamentals

Trailing Twelve Months sales for Xylem Inc [NYSE:XYL] were 7.37B which represents 39.87% growth. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.07 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.24.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 126.03 points at the first support level, and at 124.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 129.21, and for the 2nd resistance point, it is at 131.14.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Xylem Inc [NYSE:XYL] is 1.76. On the other hand, the Quick Ratio is 1.30, and the Cash Ratio is 0.46. Considering the valuation of this stock, the price to sales ratio is 4.18, the price to book ratio is 3.02 and price to earnings (TTM) ratio is 46.80.

Transactions by insiders

Recent insider trading involved Yarkadas Hayati, SVP & President, EU, WI & GLS, that happened on Mar 05 ’24 when 4547.0 shares were sold. SVP & President, EU, WI & GLS, Yarkadas Hayati completed a deal on Mar 01 ’24 to sell 24478.0 shares. Meanwhile, VP, Controller & CAO McShane Geri-Michelle sold 1000.0 shares on Feb 20 ’24.

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