
NYSE:XYL
This summary was created by AI, based on 2 opinions in the last 12 months.
Xylem Inc. (XYL) is currently viewed as a promising investment due to its essential role in addressing the global water scarcity challenge, with only 2-3% of the world's water being drinkable. Experts highlighted the need for improvement in global water infrastructure, suggesting a strong future outlook for Xylem as sustainability becomes increasingly important. The stock is seen as not overly purchased, and while it has experienced a recent pullback, there's encouragement to hold the stock for now. Investors might consider adding to their position on any dips, capitalizing on its potential for growth amid ongoing infrastructure and environmental needs. Overall, the sentiment remains positive, reaffirming its status as a valuable asset in one's portfolio.
This was a spin out from ITT Corp in 2011. They make water equipment and sources to the water industry. Their products encompass anywhere from water transportation (pumps, valves, controls), treatment and testing. Their end markets include municipalities, utilities, industrial clients, building services, commercial clients, and even the agricultural industry. 70% of the globe is made up of water, but only 1% is actually drinkable or potable. There is the issue of emerging markets, where they are still building out their water infrastructure. In the developed markets, there is the problem of aging infrastructure which needs replacement. Dividend yield of 1.26%. (Analysts’ price target is $53.58.)
They are in the business of transportation, testing and treatment of water. Drinkable water is a very scarce commodity. 21% of revenues are from emerging markets. They are trying to give people access to sanitation. In the US there is a lot of overhaul required on the existing systems. In 2012 state governments cut back because there was no funding. XYL-N also have exposure in the UK. They just acquired a smart metering company and will do some cross selling. (Analysts’ target: $54.00).