Less Than Hour Before The NYSE Open, Xylem Is Down By 6%

(VIANEWS) – The NYSE opens in less than hour and Xylem‘s pre-market value is already 6.22% down.

Xylem’s last close was $127.96, 0.48% below its 52-week high of $128.58.

The last session, NYSE finished with Xylem (XYL) dropping 0.05% to $127.96. NYSE slid 0.73% to $17,886.27, following the last session’s downward trend on what was a somewhat bearish trend exchanging session.

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. The Applied Water segment provides pumps, valves, heat exchangers, controls, and dispensing equipment systems under the Goulds Water Technology, Bell & Gossett, A-C Fire Pump, Standard Xchange, Lowara, Jabsco, Xylem Vue, and Flojet brands. The Measurement & Control Solutions segment offers smart meters, networked communication devices, data analytics, test equipment, controls, sensor devices, software and managed services, and critical infrastructure services; and software and services, including cloud-based analytics, remote monitoring and data management, leak detection, condition assessment, asset management, and pressure monitoring solutions, as well as testing equipment. This segment sells its products under the Pure Technologies, Sensus, Smith Blair, WTW, Xylem Vue, and YSI brands. The Integrated Solutions and Services segment provides maintenance services, mobile services, digital outsourced solutions, wastewater systems, environmental remediation, odor and corrosion control, filtration, reverse osmosis, ion exchange, and deionization under Aquapro, WaterOne, and Ion Pure brands. Xylem Inc. was formerly known as ITT WCO, Inc. and changed its name to Xylem Inc. in May 2011. Xylem Inc. was incorporated in 2011 and is headquartered in Washington, District of Columbia.

Earnings Per Share

As for profitability, Xylem has a trailing twelve months EPS of $2.79.

PE Ratio

Xylem has a trailing twelve months price to earnings ratio of 45.86. Meaning, the purchaser of the share is investing $45.86 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.9%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Feb 20, 2024, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 1.13%.

Yearly Top and Bottom Value

Xylem’s stock is valued at $127.96 at 09:36 EST, under its 52-week high of $128.58 and way higher than its 52-week low of $87.59.

Revenue Growth

Year-on-year quarterly revenue growth grew by 40.6%, now sitting on 7.36B for the twelve trailing months.

Volume

Today’s last reported volume for Xylem is 1272634 which is 9.1% above its average volume of 1223890.

More news about Xylem (XYL).

Leave a Reply

Your email address will not be published. Required fields are marked *