XYL Stock Summary and Trading Ideas (Xylem Common New | NYSE:XYL)

Xylem Inc is a global leader in water technology and offers a wide range of solutions, including the transport, treatment, testing, and efficient use of water for customers in the utility, industrial, commercial, and residential sectors. Xylem was spun off from ITT in 2011. Based in Rye Brook, New York, Xylem has a presence in over 150 countries and employs 16,200. The company generated $7.4 billion in revenue in 2023.

Xylem Common New trades on the NYSE stock market under the symbol XYL.

As of April 19, 2024, XYL stock price climbed to $127.84 with 1,686,154 million shares trading.

XYL has a beta of 1.37, meaning it tends to be more sensitive to market movements. XYL has a correlation of 0.44 to the broad based SPY ETF.

XYL has a market cap of $30.60 billion. This is considered a Large Cap stock.

Last quarter Xylem Common New reported $2 billion in Revenue and $.99 earnings per share. This beat revenue expectation by $68 million and exceeded earnings estimates by $.03.

In the last 3 years, XYL stock traded as high as $138.78 and as low as $72.08.

The top ETF exchange traded funds that XYL belongs to (by Net Assets): VTI, VOO, VO, SPY, IVV.

XYL has outperformed the market in the last year with a price return of +24.0% while the SPY ETF gained +21.2%. XYL has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +15.1% and +0.5%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

XYL support price is $125.73 and resistance is $128.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that XYL stock will trade within this expected range on the day.